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."
Headquartered in Silicon Valley, NAKIVO is a privately-held, self-funded software company that has been profitable since founding in 2012. With more than 1500 customers worldwide, NAKIVO develops and markets a line of next generation data protection products for VMware vShpere ESXi virtualized environments with live applications & databases, including Microsoft Active Directory, Microsoft Exchange, Microsoft SQL, and Oracle. NAKIVO provides one of the most affordable, highly reliable and easiest to use VM backup and replication solution for enabling SMBs to protect, encrypt, compress and deduplicate VM data onsite, offsite and in the cloud. NAKIVO also enables 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 VM backup to public clouds such as Amazon to SMB customers and multi-tenancy to service providers and enterprise customers. For more information, please visit www.nakivo.com.
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