Nasuni Reports Banner Year in FY 2024

Nasuni Corp. announced record achievements for its fiscal year ending on December 31, 2024, solidifying its leadership in the enterprise file storage and data management landscape.

With Gartner projecting unstructured file data to triple by 2028, the Nasuni File Data Platform stands out as a scalable, secure, and AI-ready solution that consolidates storage, streamlines collaboration, and ensures business resilience for enterprises across the globe.

Throughout FY 2024, Nasuni demonstrated significant operating leverage as it grew its revenue by 26% and remained both profitable and cash flow positive. The company also increased its global workforce to just under 600, with many employees based out of its Boston HQs and in the UK, Ireland, India, and other locations.

Customer Growth and Industry Impact
In FY24, Nasuni experienced significant customer growth, managing over 500PB of total capacity. More than half of its customer base also expanded their deployments, with over 600 expansions recorded throughout the year. The company’s customers include Mattel, Autodesk, Tetra Tech, Dow, Dyson, Boston Scientific, and the State of AZ.

“We were able to install the Nasuni appliances globally and take advantage of blob storage in Azure, which resulted in an optimized environment from a cost, efficiency, performance, and security perspective,” said Tony Rubenacker, IT director of cloud, platform, and data centers, Dow.

Additionally, Nasuni received its 4th NorthFace ScoreBoard Service Award from the Customer Relationship Management Institute (CRMI) and ranked #1 overall in G2’s Winter 2025 Enterprise Grid Report for Cloud File Storage.

Transformative Product and Business Milestones

Key drivers of Nasuni’s success include:

$1.2 Billion Valuation: Backed by Vista Equity Partners, fueling accelerated innovation and global expansion.
Rebrand and Vision Alignment: A refreshed brand identity highlighted Nasuni’s innovation and commitment to hybrid cloud environments, cyber resiliency, and AI-driven data management.
AI Integration: Enhanced compatibility with Microsoft Copilot, advancing enterprise data analytics.
Nasuni IQ: Introduced a data intelligence tool enabling AI-driven workflows and smarter data management.
Partner Ecosystem: A reimagined partner program empowering channel partners in the $145 billion hybrid cloud market. Additionally, the appointment of Michael Sotnick as SVP of business and corporate development created a dedicated team focused on building strategic cloud alliances.
Strong Business Model: Nasuni’s Gross Revenue Retention Rate holds steady at an impressive 97.3%.
Monumental Deals: Closed the biggest TCV deal in the history of the company in the form of a 6-year, $46M contract.
Industry Leadership: Noted as a storage conference to attend in 2024 by TechTarget, Nasuni hosted its 5^th annual CloudBound event series, offering IT leaders insights into hybrid cloud and AI-driven data management.

Industry Recognition and Performance
In 2024, Nasuni reached a significant milestone with over 100 customer reviews on Gartner Peer Insights, earning an impressive average rating of 4.7 stars – a testament to its unwavering commitment to customer satisfaction. The company was also recognized in Gartner’s Hype Cycle for Storage Technologies, 2024 Report in both the Hybrid Cloud Storage and Hybrid Cloud File Data Services categories. Additionally, Nasuni was named a finalist for AWS’s Storage Partner of the Year and earned spots on CRN’s Edge Computing 100 and Cloud 100 lists.

“As enterprises increasingly adopt hybrid cloud strategies, Nasuni is poised for continued growth into 2025 and beyond,” said Paul Flanagan, CEO, Nasuni. “The company’s focus remains on driving innovation, supporting partner success, and delivering industry-leading solutions that empower customers to manage, protect, and utilize their data at scale.“