NAKIVO More Than Doubles Revenue Worldwide in Q2 2016

NAKIVO further accelerates its growth rate in the VMware and Amazon EC2 backup market with 110% revenue growth in Q2 2016 vs. Q2 2015.

Campbell, CA, United States — July 18, 2016

NAKIVO Inc., one of the fastest-growing virtualization and cloud backup software companies for VMware and Amazon AWS environments, today announced Q2 2016 results. Named “Top 20 Coolest Cloud Computing Vendors of 2016” by CRN, NAKIVO is delivering a new way for cloud providers, enterprises, and SMBs to back up and replicate their VMware and AWS environments onsite, offsite, and to private/public clouds more reliably, efficiently, and cost-effectively.

Revenue Bookings: NAKIVO accelerates its growth rate in the VMware and Amazon EC2 backup market with 110% revenue bookings growth in Q2 2016 vs. Q2 2015. Most of the Q2 revenue (49%) came from the EMEA region, 38% came from the Americas, and 13% came from Asia-Pacific.

Customers: As of Q2 2016, over 14,800 companies were using NAKIVO Backup & Replication to protect and recover their data more efficiently and cost-effectively. In Q2 2016, NAKIVO gained 97% more customers than in Q2 2015. Most of the new customers came from the EMEA region (58%), while 8% came from Asia-Pacific, and another 33% came from the Americas. The top three revenue producing countries were the United States, Germany and Italy. With new customer orders in Q2, NAKIVO expanded into Algeria, Bermuda, Cayman Islands, and St. Lucia for the first time.

Resellers: In Q2 2016, 135 new solution providers joined the NAKIVO Partner Program and now offer NAKIVO products to their enterprise and SMB customers. Solution providers from Bahrain, New Caledonia, and Dominican Republic joined NAKIVO for the first time. NAKIVO now has over 1,200 software solution providers across the Americas, Europe, Africa, Middle-East, and Asia-Pacific.

Cloud Providers: NAKIVO’s Cloud Provider Program enables 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 clients. In Q2 2016, NAKIVO has increased the number of qualified Cloud Providers to 126.

"We are excited that our revenue and customer growth rate expanded by 2X in Q2 2016, as more and more SMBs, enterprises, and cloud providers adopt NAKIVO Backup & Replication for VMware and Amazon AWS," said Bruce Talley, CEO and co-founder of NAKIVO.

RESOURCES


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