August 5, 2009

Dataupia is officially for sale

Dataupia marketing VP Samantha Stone — 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 Samantha’s farewell email reads:

Unfortunately, we have had to reduce our burn rate as we seek an acquirer for our technology.

We have a group of loyal employees remaining on staff focused on current production customers and the acquisition efforts.

As part of the most recent staff reductions I will be leaving Dataupia.

Two years ago I wrote:

[Dataupia would] make a great acquisition for a BI company or DBMS vendor who could then say “Oh, no, this isn’t a DBMS appliance – it’s merely a data warehouse accelerator.” When you look at it that way, their chances of prospering look distinctly higher.

But at this point I think there probably would be more appealing ways for those vendors to meet the same needs.

Comments

14 Responses to “Dataupia is officially for sale”

  1. Jerome Pineau on August 5th, 2009 1:19 pm

    What’s the asking price?

  2. Bob Zurek on August 5th, 2009 1:33 pm

    Agree with you on Samantha Stone being a trooper, however I would also add she is an excellent marketing professional that did great things for Dataupia while she was there. She definitely is hard working. Wishing her all the best in her efforts as she moves forward.

  3. Samantha Stone on August 5th, 2009 4:22 pm

    Thank you all for the kind words and well wishes. I’m looking forward to finding the next exciting opportunity.

  4. Paul Johnson on August 6th, 2009 6:13 am

    I would like to say what a pleasure it was working with Samantha and her team.

    Weird how the wheels fell off so soon after our last beer and curry in London eh Samantha!

    Here’s to future success :-)

  5. Samantha Stone on August 6th, 2009 4:31 pm

    Paul,
    I’m blushing. Our challenges at Dataupia were not for lack of a great team. I thank you for being a part of it.

    Maybe next time we dine out it should be over champagne and chocolate. :)

  6. Bence Arató on August 7th, 2009 6:22 pm
  7. Romeo Capriotti on September 9th, 2009 3:25 pm

    They seem to be back in business. Well, they at least answered the
    phone and told me that the ex-CEO, Foster Hinshaw, bought the company back.

    I am slightly confused, does anyone have any updated information?

  8. Samantha Stone on September 10th, 2009 5:49 pm

    While I am no longer with Dataupia, I have spoken to Foster and he gave me permission to share a quick update. Dataupia is, and always has been, in operation. Foster is in fact the current CEO and he tells me there is new investment in the company. You’ll have to contact him directly to confirm details, but I expect you’ll be seeing formal news from Dataupia in the coming weeks.

  9. Curt Monash on September 10th, 2009 7:36 pm

    Thanks, Samantha!

  10. Tutal Kaboo on September 11th, 2009 8:34 pm

    Samantha, you’re not at Dataupia? Well in that case I’m puzzled …

    Take a look at http://www.dataupia.com/management.php

    Seems like the whole management team with the exception of the new CEO guy are all still around.

    What about John Brien? Is he still there? I loved his presentations at TDWI.

    TK


    Tutal.Kaboo@gmail.com

  11. Curt Monash on September 11th, 2009 9:28 pm

    I’m still listed on the website of one company whose board I resigned from in 2001. It happens.

    CAM

  12. John OBrien on September 12th, 2009 10:55 am

    Tutal, thank you for the nice comment.

    I have not been a Dataupia employee since May ’09. I gave Dataupia permission to keep my profile on their website for some time. I am now the CTO of Connect: Knowledge Network and will continue to be very involved in our industry and TDWI.

    -jwo

  13. Tutal Kaboo on September 12th, 2009 7:19 pm

    Thank you John, I look forward to seeing you at Orlando where I have signed up for TH1.

    TK


    Tutal.Kaboo@gmail.com

  14. Last One Out Turn Off The Light? | VLDB Solutions | Blog on April 2nd, 2012 1:14 pm

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