Record Revenue for Nasuni

Nasuni Corporation announced record results for its fiscal year ending December 31, 2021.

The growth was fueled by demand for its cloud-native file services platform, as enterprises accelerate the migration of critical file infrastructure to the cloud.

Ransomware threats have also pressured enterprises to rethink their approach to critical data infrastructure. According to a 2020 McKinsey report, the global pandemic has caused enterprise IT to accelerate digital transformation plans by 3 to 4 years, and cloud migration is a key part of those plans.

The company also recently showcased Nasuni Labs, an open source repository for its customers to enable innovation with its file services platform powered by community collaboration.

In 2021, the firm saw:
• A 54% growth in enterprise logos choosing the company for their file storage needs.
• Initial deal size of capacity under management for new logo customers expand 196% from prior year.
• 81% growth in new customer annual contract value bookings.
• Customer support delivering top decile gross customer retention rates of over 98% and net customer retention rates of 118%.
• A Net Promoter Score (NPS) score of 86.
• Customers continue to move more workloads resulting in 35% of annual subscription contacts valued north of $350,000 per year.
• Largest deal in company history completed with a Fortune 100 company to replace their traditional NAS and backup vendors to protect vs. ransomware.

Additional highlights
• Three patents awarded: Added three patents, expanding its patent portfolio around its global file system inventions.
• Appointment of W. Thomas Stanley to board of directors: A 30-year tech industry veteran, he brings strategic insight for driving sales and revenue to help Nasuni capitalize on record demand for its file services platform.
• Chris Addis named VP sales, EMEA: Is spearheading the strategy and growth plans in the UK, Germany, France, and other EMEA markets.

Driven by firm’s customer community, Nasuni Labs is a new open source repository on GitHub that hosts projects built using the Nasuni files services platform and other third-party technologies, giving customers access to innovations powered by community collaboration. All Nasuni Labs solutions will be made publicly available for customers to use and customize.

There is no charge for these tools, aside from any cloud costs that may be incurred. Its first projects focus on analytics, search and automation:
• Analytics and Search: The new Nasuni Labs-built Analytics Connector Scheduler makes it easy to search and analyze file data using best-of-breed cloud analytics solutions from AWS and Azure. Amazon Kendra and Elasticsearch are examples of powerful cloud services that customers can easily leverage for their file data with the help of Nasuni Labs.
• Automation and Orchestration: Nasuni Labs automation and orchestration offerings will allow customers to deploy and configure the platform at scale, supporting company’s ability to deploy in large enterprises with fewer IT resource requirements. New tools simplify management, streamline core administrative tasks and orchestrate provisioning and reporting operations.

“In 2021, we saw enterprise IT leaders increasingly turn to the cloud to solve their challenges with explosive data growth and endless threats of ransomware attacks. Our continued growth validates the approach of a file data services platform being the key to managing cost and providing outstanding data protection via the cloud,” said Paul Flanagan, CEO. “This past year was another exceptional year for the company and we’re confident that our plans around product innovation and continued outstanding customer support will lead to 2022 being an even better year for Nasuni.“