1 post • joined 21 Apr 2010
Happy they got their money - but spending 45M in 13 months?
Always good to see funding activity.
But 13 months ago Fusion-io got 45M. That is burning 3.4m/month which is crazy.
They operated on a bridge loan for the last 6 weeks or so and things were tight.
Chris - have you asked about this? Gonna be very hard to be profitable if burning cash at this rate.