Record 1FQ21 Revenue for Actifio

Actifio, Inc. achieved its strongest first quarter ever, building on the momentum of its multi-cloud software platform that enables organizations to lower their IT infrastructure costs, improve cyber resiliency and accelerate digital business initiatives amid a global pandemic that made many of their physical locations inaccessible.

Highlights 1FQ21, which ended April 30, 2020, included:
• Record revenue in company history and double-digit growth from 1FQ20
• Balanced geographic performance including several 7-figure deals from some of the hardest-hit Covid-19 regions in Northern Italy UK, New York
• Strong contribution from strategic partners including IBM, TCS, Dell Technologies, and Google Cloud Platform
• Demonstration that multi-cloud copy data management software is mission-critical, especially during these times of crisis, to help save money through more efficient use of cloud, assist businesses with cyber resiliency, and accelerate digital initiatives during a time of brick-and-mortar shutdowns
• Availability of Actifio 10c, announced in December, advancing capabilities around cloud, containers, and copy data 
• Actifio was named to all 3 of these lists:

• The 20 Coolest Cloud Companies on CRN’s 2020 Cloud 100
• The 20 Coolest Data Management Companies on CRN’s inaugural Storage 100
• The Coolest Data Management and Integration Tool Companies on CRN’s 2020 Big Data 100 

Ash Ashutosh, co-founder and CEO, said: “In response to the unprecedented pandemic that swept across the global economy in March and April, we actively engaged with our customers to quickly manage their costs, stabilize and protect their vital data assets from cyber attacks, enable ops-free, hands-free continuance of operations with multi-cloud capabilities, and ensure that data is available instantly for new digital initiatives. As the pioneer of copy data management and the only pure-play software company in the space, we partner with some of the leading on-premises and cloud infrastructure vendors and service providers in the world. These partnerships and others, and customers’ continued confidence in Actifio, are encouraging as we navigate the uncertain months ahead.” 

1FQ21 highlights included:
• Moved its annual global customer event, Actifio Data Driven 2020, to an all-digital format, slated for September. More details to be announced soon
• Named to JMP Securities’ Elite 80 list of the “most interesting and strategically positioned private companies in the cybersecurity and IT infrastructure industries”  
• Actifio GO, a multi-cloud copy data management SaaS offering, won Product of the Year Bronze recognition in TechTarget‘s annual enterprise storage awards competition
• Added leadership depth including the promotion of Ashok Ramu to CTO
• Signed new distribution partnership with Ingram Micro