NAKIVO is Named the Fastest-Growing Company in 2013 by StorageNewsletter

NAKIVO’s explosive growth rate in VMware data protection market is acknowledged by StorageNewsletter - a leading IT media company.

Campbell, CA, United States — February 19, 2014

NAKIVO Inc., the leading VM data protection software provider for VMware virtualized environments, has announced today that StorageNewsletter - a market-leading IT news and media company – has named NAKIVO #1 among the top growing storage startups and private companies in 2013.

Being profitable since founding in 2012, NAKIVO has shown exceptional revenue results throughout 2013 and reported a revenue growth of 800%. This has put NAKIVO on top of the list of the fastest-growing companies in 2013, outpacing all of its competitors.

Such a high growth rate is attributed to three factors: a market need for an intuitive, fast and, affordable ESX(i) VM data protection, a feature-rich solution - NAKIVO Backup & Replication - that meets the market demand, and the large number of NAKIVO partners who delivered the solution to the market.

Aiming to be 100% channel-based, NAKIVO has signed up 8 software distributors in 2013 and increased its Partner Program to over 380 resellers in 55 countries across the Americas, Europe, Africa, Middle-East, and Asia. Additionally, NAKIVO has introduced Cloud Provider Program with per-VM Licensing, enabling Managed Services, Cloud, and Hosting Providers to introduce Backup-as-a-Service (BaaS), Replication-as-a-Service (RaaS), and Disaster Recovery-as-a-Service (DRaaS) to their customers. In just four months, NAKIVO has added 20 cloud Service Providers to its program.

With the help of its partners, NAKIVO has grown its customer base to over 1,500 customers across the Americas, Europe, Africa, Middle-East, and Asia. Moreover, NAKIVO has not only won multiple deals against competition, but also gained more than 10% of its new customers by switching existing competitor customers to NAKIVO.

"We are pleased with the results of the StorageNewsletter market study and their recognition of NAKIVO as being the fastest growing company in the storage and data protection industry," said Bruce Talley, CEO and co-founder of NAKIVO. "Our customer base and revenue growth continues to accelerate quarter over quarter. In 2014, we plan to introduce more market-disruptive features that along with the help of our outstanding channel partners will enable us to gain additional market share and strong growth."

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ABOUT NAKIVO

NAKIVO is a US corporation founded in 2012. NAKIVO develops a fast, reliable, and affordable data protection solution for VMware, Hyper-V, and cloud environments. Over 10,000 companies are using NAKIVO Backup & Replication to protect and recover their data more efficiently and cost-effectively, while over 180 hosting, managed, and cloud service providers are using NAKIVO’s software to deliver VM BaaS and DRaaS to their customers. NAKIVO has a global presence with over 2,300 channel partners in 124 countries worldwide. Visit www.nakivo.com to learn more.

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Contact us: Yana Petrenko, MarCom Manager / yana.petrenko@nakivo.com / +1 408 916 5955