CloudCheckr founder Aaron Newman confirms to Nathan Latka that the company's monthly revenue exceeds $1 million.
0:00 / 0:02exact quote · 2.7s
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“Yeah, much higher than that, but yes.”
quote is from the automated transcript, cleaned for reading:
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“We're trying to help you run it efficiently, but we never see a customer's actual spend go down. What happens is they run things so much more efficiently in the cloud that they move more workloads in. And so it may be more efficient, but your dollar spent, the…”
Aaron NewmanNov 2, 2018▶ 9:031196 How CloudCheckr Drives 145% Net Revenue Retention Annually
Insight
Newman: Organizations can achieve higher security in the cloud than on-prem
“You can really be very accurate, and you could be much more secure in the cloud because you can scan millions of ports and IPs and know exactly what's coming in and not.”
Aaron NewmanNov 2, 2018▶ 10:371196 How CloudCheckr Drives 145% Net Revenue Retention Annually
Insight
Newman: On-prem management tools fail in cloud due to transient infrastructure
“When you move into the cloud, all the tools that worked over there, they don't work in the cloud because there's fundamental differences. You don't have IP addresses that are around for months. They're gone in hours. So how the tool interacts with it has to be…”
Aaron NewmanNov 2, 2018▶ 6:321196 How CloudCheckr Drives 145% Net Revenue Retention Annually
AssertionNot checkable as stated
Newman: CloudCheckr achieves 145% annual net revenue retention
“We actually have a 145% net retention rates.”
Aaron NewmanNov 2, 2018▶ 15:221196 How CloudCheckr Drives 145% Net Revenue Retention Annually
PredictionNot checkable as stated
Newman: CloudCheckr will reach $40M ARR by early 2020
“Forty million dollars will be early 2020.”
Aaron NewmanNov 2, 2018▶ 18:271196 How CloudCheckr Drives 145% Net Revenue Retention Annually
AssertionNot checkable as stated
Newman: CloudCheckr's average customer MRR is $2,000 to $3,000
“Our average price is maybe 2003 thousand dollars a month MRR.”
Aaron NewmanNov 2, 2018▶ 7:191196 How CloudCheckr Drives 145% Net Revenue Retention Annually
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