NAKIVO Reports 2015 Results: Q4 Bookings Up 181% YOY in the Americas

NAKIVO continues to demonstrate rapid customer adoption and fast pace growth in the VMware data protection market, and reports high growth and positive operating cash flow for fourth quarter and for fiscal year 2015.

Campbell, CA, United States — February 1, 2016

NAKIVO Inc., a fast-growing virtualization and cloud backup software company for VMware environments, today announced Q4 2015 and 2015 annual results. NAKIVO is delivering a new way for cloud providers, enterprises, and SMBs to backup and replicate their VMware infrastructure more reliably, efficiently, and cost effectively. In 2015, NAKIVO has achieved the following:

Bookings: In Q4 2015, NAKIVO has significantly accelerated its growth and market penetration in Americas with a 181% increase in bookings vs. Q4 2014. The worldwide bookings growth increased by 58% in Q4 2015 vs. Q4 2014. Most of the Q4 bookings (51%) came from the EMEA region, while 38% came from the Americas, and 11% came from Asia.

NAKIVO has also demonstrated high 2015 annual results: the company has achieved 53% increase in worldwide bookings vs. 2014, demonstrating rapid customer adoption and fast pace growth in the VMware data protection market.

Customers: In 2015, most of the NAKIVO customers came from the EMEA region (54%), while 35% came from the Americas, and 11% came from Asia. Some of the customer examples include: City of San Francisco (City of San Francisco reduces VM backup costs 3X with NAKIVO), Comune di Ferentino (an Italian Municipality enables VM disaster recovery and cuts maintenance costs by 50% with NAKIVO), and Bartle & Gibson (a Canadian plumbing, heating, and electrical distributor enables near-instant VM Disaster Recovery while saving IT 8+ hours per month with NAKIVO).

Solution Partners: NAKIVO has increased the number of its Solution Partners in 2015 vs. 2014. Over 1,000 VMware resellers from 111 countries across the Americas, Europe, Africa, Middle-East, and Asia have joined NAKIVO Partner Program and offer NAKIVO products to their SMB and Enterprise customers. In 2015, NAKIVO has expanded into new countries, such as Serbia, Tanzania, Puerto Rico, and Iceland. In 2015, NAKIVO has further strengthened its worldwide presence by partnering with the leading companies across the globe, including Huawei and European IT Distribution GmbH.

Cloud Providers: NAKIVO continues to grow its cloud provider ecosystem: over 100 VMware service providers from 37 countries have joined NAKIVO Cloud Provider program and deliver VM Backup-as-a-Service, VM Replication-as-a-Service, and VM Disaster-Recovery-as-a-Service to their customers using NAKIVO Backup & Replication. Some of the Cloud Providers include Armstrong Labs (a cloud and IT services provider in Australia enables VM Disaster-Recovery-as-a-Service for multiple customers with NAKIVO) and ESU5 (an educational agency in Nebraska, United States saves at least 50% of VM backup costs within several Nebraska schools with NAKIVO).

Product: During 2015, NAKIVO has released the following main product versions:

  • v5.9 featuring the ability to install NAKIVO on supported Synology NAS models to create a simple and affordable VM backup appliance with up to 1.7X the VM backup performance.
  • v5.8 featuring the ability to install NAKIVO on Western Digital My Cloud DL NAS series, thus creating a simple, fast, and affordable VM backup appliance, which can be used onsite and offsite.
  • v5.7 featuring backup repository encryption and full support for VMware vSphere v6.
  • v5.6 featuring screenshot verification, configuration export and import, and new report types.
  • v5.5 featuring instant object recovery for Microsoft Active Directory, and execution of pre and post job scripts.

"We are proud of our continued strong company growth for 2015, including our near 3X revenue growth in the Americas, and all without venture capital funding," said Bruce Talley, CEO and co-founder of NAKIVO. "We are excited by the demand of NAKIVO Backup & Replication from new end-users, system integrators and cloud service provider customers worldwide, and we’re looking forward to achieving even more in 2016."

RESOURCES


ABOUT NAKIVO

Headquartered in Silicon Valley, NAKIVO Inc. is a privately-held company founded in 2012. NAKIVO develops a fast, reliable, and affordable data protection solution for VMware and Amazon Cloud environments. As of Q4 2015, over 10,000 companies are using NAKIVO Backup & Replication to protect and recover their data more efficiently and cost effectively. Also, over 100 hosting, managed, and cloud services providers are using NAKIVO to deliver VM BaaS, and DRaaS to their customers. NAKIVO has over 1,000 channel partners in 111 countries worldwide. Visit www.nakivo.com.

Twitter: @NAKIVO

Facebook: www.facebook.com/NakivoInc

LinkedIn: www.linkedin.com/company/nakivo

Contact: Yana Petrenko, MarCom Manager / yana.petrenko@nakivo.com / +1 408 916 5955

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