NAKIVO Reveals Q4 2021 Revenue Growth of 30% Worldwide

NAKIVO concludes Q4 2021 with revenue growth of 30 percent worldwide, as the company continues to accelerate in the backup and disaster recovery market for virtual, physical, cloud and SaaS environments.

Sparks, NV, United States — February 7, 2022

NAKIVO Inc., a fast-growing software company, dedicated to protecting virtual, physical, cloud, and SaaS environments, announced its Q4 2021 financial results today.

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In Q4 2021, NAKIVO has managed to maintain a high growth level, achieving:

Revenue: In Q4 2021, NAKIVO’s revenue in Europe, the Americas, the Middle East, and Africa (EMEA), as well as the Asia-Pacific region, grew by 30% in comparison to Q4 2020. Of the total revenue in Q4 2021, 57% came from the EMEA region, 35% from the Americas, and 8% from the Asia-Pacific region. The United States, Germany, and South Africa were the highest sources of revenue for NAKIVO in Q4 2021.

NAKIVO’s revenue grew more than 100% QoQ in India, Ireland, Argentina, United Arab Emirates, Panama, Curacao, Croatia, Guatemala, Nepal, Finland, Luxembourg, Colombia, Singapore, Indonesia, Canada, Ukraine, Hungary, Lithuania, French Polynesia, and others.

Customers: Currently, NAKIVO has over 20,000 paid customers in 166 countries. The customer base grew by 21% in Q4 2021 vs. Q4 2020. The number of new customers grew by 23% in the EMEA region, 21% in the Asia-Pacific region, and 18% in the Americas. For the first time, NAKIVO expanded into Croatia, Latvia, Micronesia, and Timor-Leste. Enterprises continue to select NAKIVO Backup & Replication as their preferred data protection solution, with new deployments growing by 52% in Q4 2021 vs. Q4 2020.

A sample of customers in Q4 2021 includes the Ministry of Economic Affairs Taiwan, Universal Merchant Bank, Conet Communications GmbH, First Atlantic Bank, LaPorte County Government, National Chung-Shan Institute of Science and Technology, University of Mary Hardin-Baylor, and others.

Some examples of customer success stories in Q4 2021 include HosTeam (Polish MSP Safeguards Customer Data with NAKIVO), The Institute of Bucaramanga (NAKIVO Reduces Administrative Effort for a Cardiovascular Clinic), and San Luis Clinic (NAKIVO Improves Backup Reliability for a Maternity Clinic).

Technology Partners: In Q4 2021, NAKIVO successfully delivered NAKIVO Backup & Replication via technology partners, as more enterprises and SMBs chose to install NAKIVO Backup & Replication on partner hardware. Particularly, ASUSTOR NAS installations grew by 79% in Q4 2021 vs. Q4 2020.

Solution Partners: Today, NAKIVO has 6,800 software solution providers as Partners across the Americas, Europe, Africa, the Middle-East, and the Asia-Pacific region. In Q4 2021, 283 new solution providers joined the NAKIVO Partner Program and now offer NAKIVO products to their enterprise and SMB customers. Solution partners from Guam, Jamaica, Martinique, Micronesia, and Timor-Leste joined the partner program for the first time.

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 Q4 2021, the number of managed service providers grew by 81% vs. Q4 2020, and for the first time, managed service providers from Martinique, Montenegro, and Réunion joined the partner program.

Product Releases: In 2021, NAKIVO released the following product versions:

  • v10.2 with support for SharePoint Online and S3 Object Lock
  • v10.3 with new features for Microsoft 365, VMware Cloud Director, HPE 3PAR devices, and MSPs
  • v10.4 with immutable repository and two-factor authentication
  • v10.5 with Hardened VA and IT Monitoring

“We wrapped up the last quarter of 2021 with a strong worldwide revenue growth of 30% that was attributed to the joint effort of our entire team across the globe,” said NAKIVO CEO Bruce Talley. “For the whole year, we worked on improving the functionality of our product by delivering four new product updates that enhanced our Microsoft 365 offering and anti-ransomware protection. Moreover, along with the v10.5 of NAKIVO Backup & Replication, we released a completely new IT monitoring solution for VMware vSphere environments. Our goal is to deliver our customers and partners the most comprehensive solution that lets them protect their data, prevent ransomware attacks, and have proper visibility into their environment's health and performance.”

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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 23 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 6,800 channel partners around the world.

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