From $800k to $274M in 4 Years - The Story of Ariba
Tom Tunguz
MAY 13, 2015
Additionally, Ariba spent relatively modest fraction of their revenue on engineering efforts. In a typical year, the company invested about 20 to 30% of their revenue in research and development. Ariba attained profitability in 2009 for the first time. Ariba acquired a company called Tradex technologies for $1.6B
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