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* Posts by SteveS

1 post • joined 21 Apr 2010

Fusion-io gets $45m in C-round

SteveS

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.

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