Sand Technology a Risky Bet

It’s a shame that Sand Technology isn’t doing better, because the technology is apparently quite good and has been for years. Decades, indeed, but after all that time, Sand is a US$7M firm. Why is that? Their June visit to the Boulder BI Braintrust (BBBT) offered some clues. And some followup into public filings paints an unattractive financial picture that suggests any prospects should proceed with extreme caution. Sand’s phenomenal compression of data for “nearline storage” and analysis sounds good, but it’s hard to ignore their finances. Read more of this post