Nakivo: 89% Revenue Growth in 2016 Vs. 2015

NAKIVO Inc. announced 2016 annual results.

It is delivering a way for cloud providers, enterprises, and SMBs to protect their VMware and cloud environments more reliably, efficiently, and cost effectively.

In 2016, NAKIVO has achieved the following:

• Customers: It has grown its customer base by 98% in 2016 compared to 2015. Most of the customers came from the EMEA region (57%), while 30% came from the Americas, and 13% came from Asia. Some of the customer examples include: China Airlines (NAKIVO Helps China Airlines Instantly Recover VMs, Save 60% of Storage Space, Cut Budget by 30%), Radisson (Radisson Park Inn Hotel.
  Reduces VM Backup Storage by 3X with NAKIVO’s Global Data Deduplication), and Kaltura (Kaltura Achieves 12X Faster VM Backup with NAKIVO’s VMware Backup Solution).
• Revenue: The company has demonstrated excellent 2016 annual revenue results: it has achieved nearly 2X (89%) revenue growth in 2016 vs. 2015, demonstrating rapid growth in the VMware and Amazon EC2 backup markets. Most of the revenue (45%) came from the EMEA region, while 41% came from the Americas region, and 14% came from Asia. NAKIVO Americas grew revenue 107% in 2016 compared to 2015. It grew revenue more than 100% Y/Y in Brazil, Canada, Denmark, France, Germany, Israel, Singapore, Spain, Taiwan, and the UK.
• Solution Partners: The firm increased the number of active Solution Partners by 80% in 2016 vs. 2015. Over 1,500 VMware and Amazon EC2 resellers from 117 countries across the Americas, Europe, Africa, Middle-East, and Asia have joined NAKIVO Partner Program and offer company’s products to their SMB and enterprise customers. Some examples of solution partners include: CampusLan Software GmbH (CampusLan Software GmbH Gains 20 New Customers with NAKIVO’s VMware Backup Solution), OSTEC (OSTEC Deploys NAKIVO Backup & Replication for VMware to Fifteen Customers in 90 Days), and Integrative (Integrative Wins New Business with VMware Backup Appliance Based on NAKIVO Backup & Replication).
• Cloud Providers: The firm continues to grow its cloud provider ecosystem: over 100 VMware and Amazon EC2 service providers from 43 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 Backup & Replication. An example of a cloud provider is LASI (NAKIVO Reduces DR Testing Time by 90% for a Leading Cloud Service Provider).
• Product: During 2016, The company has released the following product versions:
      •    v6.0 featuring native backup and replication of Amazon EC2 instances, as well as backup copy jobs, and native NFS support.
      •    v6.1 featuring instant object recovery for Exchange 2016/2013, Exchange 2016/2013 logs truncation, Hot Add, and job chaining.
      •    v6.2 featuring backup, replication, and recovery of paid EC2 instances sold through AWS Marketplace.

“2016 was another record year for NAKIVO with growth of nearly 2X for both revenue and customers,” said Bruce Talley, CEO and co-founder, NAKIVO. “We are looking forward to extending our reach and impact, as the demand for NAKIVO Backup & Replication grows from end-users, system integrators, and cloud service providers, year over year.”