DATAllegro discloses a few numbers
Privately held DATAllegro just announced a few tidbits about financial results and suchlike for the fiscal year ended June, 2007. I sent over a few clarifying questions yesterday. Responses included:
- Yes, the company experienced 330% year-over-year annual revenue growth.
- The majority of DATAllegro customers have bought systems in the 25-100 terabyte range.
- One system over 250 terabytes has been in production for months (surely the one I previously wrote about); a second is being installed.
- DATAllegro has “about 100” employees. By way of comparison, Netezza reported 225 full-time employees for the year ended January, 2007 – which probably means as of January 31, 2007.
All told, it sounds as if DATAllegro is more than 1/3 the size of Netezza, although given its higher system size and price points I’d guess it has well under 1/3 as many customers.
Here’s a link. I’ll likely edit that to something more permament-seeming later, and generally spruce this up when I’m not so rushed.
December 31st, 2007 at 6:10 pm
Anyone heard rumors DATAllegro is faltering and may be
soon going out of business? Apparently they failed to
raise another round of funding, are running out of
cash, and losing sales to Greenplum, Netezza and
ParAccel. They just had a big layoff.
CAM, have you heard anything about it?
Jaune
December 31st, 2007 at 6:29 pm
I talked Thursday for an hour to a venture capitalist considering investment in them. To say at this point that they failed to raise a round of capital is greatly exaggerated.
As for anecdotal sales reports — they need to be assessed carefully. A skilled salesperson will try early in a sales cycle, see that things are going badly, and pull out and go focus elsewhere. Whether they were ever in that deal or not depends strongly upon who you ask.
CAM
December 31st, 2007 at 6:36 pm
I might add that nothing I’ve heard has changed my perception that DATAllegro relies on getting large sales to a small number of customers.
CAM
December 31st, 2007 at 7:35 pm
The rumors are complete nonsense.
We’re in good shape financially and there’ve been no layoffs. As for losing sales to competitors, we win some and lose some to Netezza, but I’m not aware of any losses to Greenplum or ParAccel. In fact, we rarely come across either of them.
As Curt rightly stated, we focus on a relatively small number of very large deals. Unlike some of our competitors, we don’t have to give our product away to get references, so we’re doing very nicely.
Among the newer vendors in the data warehouse market, our sales put us in a solid second place behind Netezza - far ahead of any other player. We’re also growing around eight times faster than Netezza and therefore catching up very quickly.
Where did you get your incorrect information, Jaune?
Stuart
CEO, DATAllegro
January 3rd, 2008 at 12:01 am
I must have mixed up DATAllegro with
another database company after all
that New Year champagne!
Sorry for the confusion and apologies
to Stuart and his crew.
Jaune
January 3rd, 2008 at 8:02 pm
Perhaps you heard it about Dataupia, correctly or otherwise. They probably do compete w/ both ParAccel (plug-compatibility) and Netezza (general row-based architecture). And I haven’t heard much about them in the marketplace.
But again, I’d be very cautious about such rumors unless you have really solid information, and in most cases even then.
Best,
CAM
January 4th, 2008 at 8:20 pm
Lesson learned
Jaune