October 15, 2008

Vertica offers some more numbers

Eric Lai interviewed Dave Menninger of Vertica.  Highlights included:


10 Responses to “Vertica offers some more numbers”

  1. Dave Menninger on October 16th, 2008 5:31 pm

    $100K per TB is the starting price point. For quantity purchases, our price points are better than most other vendors cited here and those cited in Eric Lai’s article.

  2. Bill Walters on November 24th, 2008 3:04 pm


    Has Vertica put any of this revenue into reserve to pay penalities if they lose the patent infringement case against Sybase?

    Also, is the revenue that you quote recognizable revenue under FASB rules and audited? Start-ups are often forced to confuse warranty and acceptance in their license agreements or delay payment until the solution is delivered. It may be more accurate to say that they are owed $20M if they execute on their commitments to their customers

  3. Curt Monash on November 24th, 2008 3:13 pm

    Even at public companies, quarterly results aren’t audited — just annual ones. Conversely, VC-backed private companies are audited just as public ones are. That said, they don’t RELEASE their audited or other financial statements, so it’s not apples to apples in terms of disclosure.

  4. Bill Walters on November 24th, 2008 3:24 pm

    So we just have to take them on their word without any credible explanation that they in fact have 50 customers. What if they said 100 next week, should we believe them?

  5. Curt Monash on November 24th, 2008 7:13 pm


    Who do you work for under your real name? A Vertica competitor?

  6. Bill Walters on November 25th, 2008 8:04 pm

    No Kurt I do not. I am a 23 year veteran of the software industry. Kurt, were you hired by one of the VC’s that funded Vertica for technical due diligence and do you have pre-IPO stock in Vertica?

  7. Curt Monash on November 25th, 2008 10:50 pm

    No and no.

    My financial involvement in Vertica is similar to my involvement in ten or so of its competitors. All are customers. Vertica is a smaller customer than a number of its competitors.

  8. DW Consultant on January 22nd, 2009 10:02 pm

    Bill Walters seems to be asking pretty good questions. This blog is so biased and without checking any facts.
    20 M in revenue makes no sense for Vertica. Vertica doesnot even have real customers except downloads.

  9. Confluence: Product on March 7th, 2009 4:09 pm


    File System EMC From Mike’s discussion with an industry analyst, EMC is charging $1800/TB/yr for Atmos cloud storage: EMC is rolling out Atmos, its nextgen storage architecture…….

  10. Vertica pricing and customer metrics | DBMS2 -- DataBase Management System Services on April 25th, 2009 7:34 pm

    […] last fall, Vertica’s stated pricing has been “$100K per terabyte of user data.” Vertica hastens to point out that unlike, […]

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