As reported by Arik Hesseldahl in Recode, Apache Hadoop vendor Hortonworks has filed for an IPO. The decision by Hortonworks to offer public shares represents the first IPO from a major Hadoop vendor. In fiscal year 2013, Hortonworks reported a loss of $36.6M relative to $11M in revenue. Meanwhile, for the first 9 months of 2014, Hortonworks increased its revenue to $33.3M but posted a loss of $86.7M. The decision by Hortonworks to go public comes after two major capital raises in 2014. In July, HP invested $50M in Hortonworks, following upon the $100M raised by Hortonworks in March. Given the gargantuan capital raises specific to Hortonworks competitors Cloudera and MapR as well, the Big Data landscape should also expect IPOs from Cloudera and MapR in the near future. Meanwhile, more detailed analysis regarding the prospects of Hortonworks executing a successful IPO will emerge in coming weeks in anticipation of the launch of the IPO either in late 2014 or early 2015. In 2011, Hortonworks was spun out of Yahoo, its principal investor. Hortonworks plans to raise up to $100M by means of its IPO.