NAKIVO Reports Q3 2021 Revenue Growth of 144% in the Asia-Pacific

NAKIVO completes Q3 2021 with revenue growth of 144 percent in the Asia-Pacific region, as the company continues to achieve success in the backup and disaster recovery market for physical, virtual, cloud and SaaS environments.

Sparks, NV, United States — November 2, 2021

NAKIVO Inc., a fast-growing software company dedicated to protecting physical, virtual, cloud, and SaaS environments, announced its Q3 2021 financial results today.

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In Q3 2021, NAKIVO achieved the following:

Revenue: NAKIVO’s revenue in the Asia-Pacific region grew by 144% in Q3 2021, compared to Q3 2020. In Q3 2021, of the total revenue, 48% came from the EMEA region, 33% came from the Americas, and 19% came from the Asia-Pacific region. The largest sources of revenue in Q3 2021 for NAKIVO were the United States, Germany, and Taiwan.

NAKIVO’s revenue grew more than 100% QoQ in Australia, Curacao, Denmark, Finland, French Polynesia, Guatemala, India, Latvia, Malta, Nepal, Taiwan, Ukraine, Argentina, Barbados, Ghana, Jordan, Norway, Sri Lanka, Thailand, and others.

Customers: Presently, NAKIVO has over 20,000 paid customers in 162 countries. The customer base grew by 23% in Q3 2021 vs. Q3 2020. The number of new customers grew by 25% in the EMEA region, 24% in the Asia-Pacific region, and 17% in the Americas. For the first time, firms from Malawi, Paraguay, and Belize became NAKIVO customers. Enterprises are continuing to select NAKIVO Backup & Replication as their preferred data protection solution, with new deployments growing by 22% in Q3 2021 vs. Q3 2020.

A sample of customers in Q3 2021 includes National Chung-Shan Institute of Science and Technology, Ministry of Economic Affairs Taiwan, Universal Merchant Bank, City of Loveland, First Atlantic Bank, Town of Sudbury, University of Mary Hardin-Baylor, and others.

Some examples of customer success stories in Q3 2021 include Cyllene (NAKIVO Helps IT Service Management Company Meet SLAs), Lakes Grammar (Australian School Switches to NAKIVO and Saves 60% on Backup Costs) and the Greater Grace (Hungarian School Relies on NAKIVO for Smooth Daily Operations).

Technology Partners: In Q3 2021, NAKIVO successfully delivered its solutions via technology partners, as more enterprises and SMBs chose to install NAKIVO Backup & Replication on partner hardware. Particularly, NETGEAR ReadyNAS installations grew by 108% in Q3 2021 vs. Q3 2020.

Solution Partners: Currently, NAKIVO has 6,500 software solution providers as Partners across the Americas, Europe, Africa, the Middle-East, and the Asia-Pacific region. In Q3 2021, 197 new solution providers joined the NAKIVO Partner Program and now offer NAKIVO products to their enterprise and SMB customers.

Managed Service Providers: NAKIVO’s Managed Service Provider Program enables managed service, cloud, and hosting providers to deliver VM backup as a service (BaaS), VM replication as a service (RaaS), and VM disaster recovery as a service (DRaaS) for their customers. In Q3 2021, the number of managed service providers grew by 90% vs. Q3 2020 and for the first time, managed service providers from Guatemala, Romania, and Ukraine joined the partner program.

“The outstanding growth of Q3 2021 revenue is attributed to our hard-working sales team in Taiwan that work closely with distributors and resellers, in order to deliver NAKIVO Backup & Replication to the Asia-Pacific region,” said NAKIVO CEO Bruce Talley. “This quarter, we introduced new features to enhance ransomware resilience so that the data of our customers is recoverable even after a ransomware attack. Our goal is to deliver our customers the most sophisticated solution that lets them beat ransomware without negotiating with hackers.”

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About NAKIVO

NAKIVO is a US-based corporation dedicated to delivering the ultimate backup and disaster recovery solution. NAKIVO Backup & Replication protects VMware, Hyper-V, Nutanix AHV, and Amazon EC2 environments, physical servers, workstations, Oracle databases, and Microsoft Office 365 application data. With 21 consecutive quarters of double-digit growth, 5-star online community reviews, 98% customer satisfaction with support, and more than 20,000 paid customers worldwide, NAKIVO is one of the fastest-growing data protection software vendors in the industry. NAKIVO’s customers include great multinational companies such as Coca-Cola, Honda, DHL, and many others. NAKIVO has a global presence, with over 6,500 channel partners in 155 countries.

Visit us at: www.nakivo.com

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Join us on LinkedIn: www.linkedin.com/company/nakivo

Contact us: Sasha Tolkachova, PR Manager / sasha.tolkachova@nakivo.com / +1 416 845 3381