300% Y/Y Growth for Hammerspace

Hammerspace, Inc. announced momentum in new customer adoption, expansion in existing customers and new routes to market.
 
“New customers across a wide range of enterprise markets and government agencies are rapidly turning to Hammerspace to help them modernize their data architectures,” said David Flynn, founder and CEO. “These decentralized organizations can’t continue to grow their business without a solution to make data accessible to any user or any application, anywhere, no matter where the data is stored.“
 
“Data movement across the distributed cloud is a regular occurrence,” said Scott Sinclair, senior analyst, ESG. “Expansion into hybrid and multi-cloud environments often is accompanied by a continued reliance on data centers, colocation facilities, and the edge to locate their data and applications.”
 
“We are excited to celebrate 4FQ22 as the best quarter in company history. A significant 42% of our 4Q bookings sales came from expansion business with existing customers,” said Chris Bowen, SVP of global sales. “Our customers are rapidly deploying Hammerspace into new workflows as well as adding additional data from existing workloads.”
 
Annual Results – FY22
• 300% Y/Y growth
• 400% increase in mature pipeline
• Grew the team by over 50%, investing in customer experience and accelerating the introduction of new customer-requested features
• New deployments in a range of markets: enterprise, service providers, aerospace, online gaming, telecommunications, M&E, and federal government
• Opened EMEA offices based in the UK
• Opened US Federal Division
• Launched Partnerspace channel program and added distribution partners Climb Channel Solutions and Titan Data Solutions
• Expanded strategic alliances with Seagate Technologies, HP and Autodesk
• Recognized by Gartner in Hype Cycle for Storage and Data Protection Technologies
• Awarded TVTech Best of Show award at the International Broadcasting Convention (IBC)

“Hammerspace creates a global namespace and automates content orchestration, enabling our rapidly growing studio team to work more productively regardless of which office they are based,” said Clement Germain, lead flame artist and VFX supervisor, Mathematic Studios. “Since our founding in 2006, our focus has consistently been on creating excellence in VFX art direction vs. VFX execution. Hammerspace’s solution provides a competitive advantage to our team and the ability to continue delivering unparalleled work to our clients.“
 
Looking forward to 2023
“We will continue to invest in making data access to the end user and performance-demanding remote applications simple, reliable and secure. We also plan to continually invest in the customer support team while expanding our global go-to-market reach,” added Flynn.