June 10, 2009

Dataupia’s troubles are now confirmed

Todd Fin pointed me yesterday to an article by Wade Roush that confirmed in detail layoffs and other troubles at Dataupia.  The article quotes Dataupia marketing VP Samantha Stone as saying Dataupia is down to 23 employees, and that some of the layoffs were in engineering.  This is consistent with what I’d been hearing for a while, namely that other analytic DBMS vendors were seeing a flood of Dataupia resumes, especially technical ones.

The article goes on to discuss difficulties Dataupia has had in raising another round of financing.  During Dataupia’s very long CEO search — which I kept hearing about from people who’d been approached for the job — it was obvious money wouldn’t come in until a CEO was found. But it seems that even with a new CEO, existing investors are reluctant to re-up without a new investor as well, and that new investment is slow in happening.

On the plus side, the article quotes Samantha as saying founder Foster Hinshaw is recovering well from his heart surgery.

Comments

3 Responses to “Dataupia’s troubles are now confirmed”

  1. Two lessons from Dataupia’s troubles | DBMS2 -- DataBase Management System Services on June 10th, 2009 1:40 pm

    [...] one or the other will learn from Dataupia’s example. Categories: Data warehouse appliances, Dataupia, Emulation, transparency, portability  [...]

  2. Jerome Pineau on June 14th, 2009 5:18 pm

    This is mind-boggling. If I understand correctly they took in $40 freakin millions?!?! Dang!

  3. Dataupia is officially for sale | DBMS2 -- DataBase Management System Services on August 5th, 2009 12:46 pm

    [...] marketing VP Samantha Sone — who by the way has been one heck of a trooper through Dataupia’s troubles — is joining the exodus from the company.  General graciousness aside, the heart of [...]

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