Startup Cemetery

A big resource for entrepreneurs and startup owners, in which we have collected and analyzed why +100 big companies have failed. Learn from mistakes, and avoid being part of the 90% of businesses that fail.

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FoundationDB

Scalable NoSQL layered database

General Information
Category
Software and Hardware
Country
United States
Started
In 2009
Business Failure
Business Outcome
Acquired
Closed
By 2015
Cause of Failure
Acquisition Flu
Founders & Employees
Number of Founders
Three
Name of Founders
Dave Rosenthal, Dave Scherer, Nick Lavezzo
Number of Employees
Between 11 And 50
Funding
Number of Funding Rounds
2
Total Funding Amount
$22.7M
Number of Investors
3
Description

FoundationDB is a NoSQL, YesACID scalable layered database that worked faster and needed less hardware than other services of its kind. FoundationDB core was private but it offered several tools as open source that many developers operated with and relied upon. In 2013, FoundationDB had released a paid and community version available for download.

Cause of Failure

Apple acquired FoundationDB in 2015, presumably to replace the noSQL it was using (Cassandra) or to integrate it into some of its cloud services. When the acquisition took place, FoundationDB was made to remove its downloadable software from the website. Also, its open source components became unavailable to the public. This caused a great deal of distress to the developer's sphere since many were using FoundationDB tools to run live companies and not only for research purposes.

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Springpad

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Karhoo

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Poor Product
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In 2014
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One
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Poor Product
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Sunrise

Calendar app for mobile and desktop

Productivity
Acquired
$8.2M
Bad Business Model
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France
In 2012
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Two
Between 11 And 50
Between 1M 10M
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Gowalla

Social Guide to world's cities

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Acquired
$10.4M
Competition
Social Media
United States
In 2007
By 2013
Two
Between 11 And 50
Between 10M 50M
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Berg

Commercialized cloud services for hardware innovators

Design
Shut Down
$1.3M
No Market Need
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United Kingdom
In 2005
By 2014
One
Between 11 And 50
Between 1M 10M
No Market Need
Shut Down
This is Brought to You by:
NerdPilots

NerdPilots

Get fast, reliable web, mobile and software development help 24/7.

Acadium

Acadium

120 hours of digital marketing from a remote apprentice for only $299 (+ $50 off!).

This could be your AD. Sponsor Startup Cemetery to reach +10,000 entrepreneurs.

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