NAKIVO More than Doubles Revenue Worldwide in Q1 2017

NAKIVO maintains a high growth rate in the VMware, Hyper-V, and Amazon EC2 backup markets worldwide, with 138% revenue growth in Q1 2017 vs. Q1 2016.

Campbell, CA, United States — April 25, 2017

NAKIVO Inc., a fast-growing software company for protecting virtualized and cloud environments announced today its Q1 2017 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, Hyper-V, and AWS environments onsite, offsite, and to private/public clouds more reliably, efficiently, and cost-effectively.

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Revenue: In Q1 2017, NAKIVO has gained 138% more revenue worldwide vs. Q1 2016. Most of the Q1 revenue (55%) came from the EMEA region, 36% came from the Americas, and 9% came from Asia-Pacific. The top three revenue producing countries were the United States, Germany, and Italy. The highest growth countries included South Africa with 15X growth, the Netherlands with 8X growth and followed closely by Canada, France, Hong Kong, and Ireland where revenue grew by 5X.

Customers: In Q1 2017, NAKIVO has gained 99% more customers than in Q1 2016. Most of the new customers came from the EMEA region (63%), while 27% came from the Americas, and 10% came from the Asia-Pacific. As of Q1 2017, NAKIVO has customers in 91 countries worldwide and has expanded into Mali, Ghana, Ethiopia, and Grenada for the first time.

Solution Partners: In Q1 2017, 198 new solution providers joined NAKIVO Partner Program and now offer NAKIVO products to their enterprise and SMB customers. NAKIVO now has over 1,700 software solution providers across the Americas, Europe, Africa, Middle-East, and Asia-Pacific. Solution Partners from Ethiopia, Algeria, Armenia, and Belarus have joined NAKIVO Partner Program for the first time.

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 Q1 2017, NAKIVO has increased the number of qualified Cloud Providers to 148.

Product Releases: In Q1, NAKIVO has released v7, which includes support for Hyper-V 2016 and 2012, support for VMware v6.5, skip swap files, and Active Directory integration.

"In Q1, our exceptional channel partners and customers drove our 2X revenue growth achievement," said Bruce Talley, CEO and co-founder of NAKIVO. "With the addition of Hyper-V to our list of supported hypervisors at the end of Q1, we can now meet the growing demands of our channel partners, customers and prospects seeking to protect their Hyper-V environments with our award-winning products."

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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, 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 100 hosting, managed, and cloud services providers are using NAKIVO’s software to deliver VM BaaS and DRaaS to their customers. NAKIVO has a global presence with over 1,700 channel partners in 117 countries worldwide. Visit www.nakivo.com to learn more.

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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