From $800k to $274M in 4 Years - The Story of Ariba
Tom Tunguz
MAY 13, 2015
In a typical year, the company invested about 20 to 30% of their revenue in research and development. Of course, given the large size of professional services contracts, a fair amount of custom software development was completed at the behest of customers. Ariba attained profitability in 2009 for the first time.
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