Kellblog · 2007-04-03
· 7002d
Netezza IPO Filing: Special-Purpose DBMS Market Validation
Netezza filed an S-1 for its IPO in March 2007, achieving 80% CAGR revenue growth from $13.6M (FY04) to $79.6M (FY07) with 60% gross margins. The company represents validation of the special-purpose database management system market, though it posted an $8M net loss despite strong growth metrics and significant R&D investment.
Metrics in this report
Gross Margin
60%%
FY07
Netezza appliance business
Net Loss
8$M
FY07
Netezza
R&D as % of Equivalent Pure-Play Software Size
30%%
calculated
Netezza appliance adjustment
R&D as % of Product Gross Margin
47%%
calculated
Netezza appliance adjustment
R&D as % of Sales
22%%
FY07
Netezza
Revenue CAGR
80%%
compound annual growth rate
Netezza FY04-FY07
Run-rate Net Loss
1.8$M
annualized from recent quarter
Netezza
Run-rate R&D Investment
18%%
of sales
Netezza annualized from recent quarter
Sequoia Capital Ownership
15%%
pre-IPO basis
Netezza major investor stake
Total Customers
87count
end of FY07
Netezza
Total Employees
225count
end of FY07
Netezza
Total VC Raised
97$M
across 4 rounds
Netezza pre-IPO
YoY Revenue Growth
48%%
FY07 vs FY06
Netezza most recent fiscal year