Campbell, CA, United States — August 18, 2014
NAKIVO Inc., the fastest growing virtualization and cloud backup software company for VMware environments, today announced aggressive quarterly year-over-year growth results for the European region as cloud service providers, enterprises, and SMBs seek a fast, reliable, and affordable ESXi and cloud backup software for their VMware environments. In Q2 2014, the total revenue in Europe grew by 353%, while the number of new European customers increased by 338% compared to Q2 2013. This also marks the 6th consecutive quarter of strong revenue growth for the company across the region.
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Named one of the top 10 coolest storage startups of 2014 by CRN, NAKIVO is delivering a new way for customers to backup and replicate their VMware infrastructure more reliably, efficiently, and cost effectively. In Q2 2014, NAKIVO has achieved the following results in Europe:
"Building upon the strong success of our distributors, resellers and cloud service providers across Europe, NAKIVO added significantly more customers and increased revenue in Europe for Q2," said Bruce Talley, CEO and co-founder of NAKIVO. "Within the virtualization and cloud backup market, NAKIVO Backup & Replication for VMware vSphere environments gained additional customers at an unprecedented rate driven largely by demand from Cloud Service Providers and SMB customers."
"As a virtualization solutions provider in Norway, we evaluated the leading cloud and virtualization backup solutions in the market. We found that NAKIVO had 40% better performance, all the features that we expected, and was the easiest product for our customer to use." Eystein Løkken, Senior Manager, Exigo AS. "Since selecting NAKIVO Backup & Replication, we have installed NAKIVO within multiple customer locations and each customer has been pleased with its ease of use, and overall product performance."
Headquartered in Silicon Valley, NAKIVO is a privately-held software company that has been profitable since founding in 2012. With more than 3,300 customers - including many Fortune 1,000 companies - and over 500 channel partners across 70 countries worldwide, NAKIVO develops and markets a line of next generation data protection products for clouds and VMware virtualized environments. NAKIVO provides a fast, reliable, and affordable VM backup and replication solution for enabling SMBs and enterprises to protect and recover VM data onsite, offsite, and to the cloud. NAKIVO has also enabled over 50 hosting, managed, and cloud services providers to create and offer VM Backup-as-a-Service, Replication-as-a-Service, and DR-as-a-Service to their customers. NAKIVO was the first virtualization backup specialist to offer SMBs cloud backup to public clouds such as Amazon and multi-tenancy to cloud service providers and enterprise customers. For more information, please visit www.nakivo.com.
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