Best Quarter for Unitrends in 20+ Year History

Unitrends announced the best quarter and the best half in the backup appliance vendor’s 20+ year history.

“Unitrends had record 2009 financial results despite strong economic headwinds for much of that year,” said Mike Coney, CEO, Unitrends. “The fact that we’ve been able to achieve record results for the second quarter in a row in 2010, and the best first-half results in the history of Unitrends, speaks to the success of our overall product strategy and the strong growth of our reseller network.”

Unitrends had a number of notable accomplishments in the first half of the year including the recruitment of a record number of partners and an expansion of the company’s sales force. The company also raised $3M in funding during that time as well as releasing a new product family and new disaster recovery service.

“The public cloud-based disaster recovery solution Vault2Cloud that was released in March has been well received,” stated Tim Wallick, CFO, Unitrends. “And the compelling value proposition around our new backup appliance family and our No Limits licensing policies introduced in the second quarter has enabled these financial results.”