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Record-Breaking 4Q15 and Customer Growth for Panzura

Doubling business internationally
This is a Press Release edited by StorageNewsletter.com on 2016.02.01

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Panzura, Inc. announced a milestone year in 2015, including a record-braking Q4 and customer growth.

While traditional enterprise storage vendors are facing flat or declining growth, Panzura doubled its new business and saw 250% growth in its vertical business quarter-over-quarter. Achieving another consecutive year of success, Panzura's growth can be attributed to the industry's desire to take advantage of the scale and economics provided by cloud storage and the need to simplify access to, and orchestration of, cloud compute. The company is continuing that momentum in 2016 with a record pipeline, particularly with prospects who are looking to consolidate IT infrastructure into the cloud and reduce their total storage footprint by up to 90%.

The demand from customers to leverage Panzura's technology to meet their global needs catapulted Panzura's business internationally and it now serves customers in 33 countries. EMEA business doubled in 2015 while Panzura's AsiaPac business grew even more with 261% year-over-year growth.

New customers for 2015 include: ACCO Engineered Systems, P2S Engineering, BL Companies, Payette, BR+A Engineers, Mazzetti, Parametrix, GeoEngineers, Wood Rodgers, Ware Malcomb, NAC Architecture, Abacus Architects, CDG Engineers, Crawford, Murphy & Tilly, CTL Group, DLR Group, EN Engineering LLC, Farnsworth Group, FGM Architects, HDR, J3 Engineering Group, Kirkland & Ellis, PGAV, Plunkett Raysich Architects, RJN Group, Skidmore, Owings & Merrill, The Waldinger Corporation, TKDA, and Westwood Professional Services.

Beyond the growth in the vertical and international markets, Panzura expanded its network of resellers by two and half times in the past year. Together, the company and its partners provide a solution for organizations seeking to consolidate much of their IT infrastructure into the cloud and replace on-premises storage and WAN optimization.

"This past year was truly a milestone year for our company. As our market expanded, we've provided our customers of all sizes and industries with the true benefits of cloud storage along with the performance needed in a file storage solution," said Barry Phillips, CMO, Panzura. "Our record-breaking year is a reflection of enterprises embracing the cloud and Panzura's ability to scale with our customers. Given the record pipeline in place for 2016, this past year is a great precursor to the growth we will experience in the upcoming months."

In addition to significant customer wins in 2015, Panzura was named as finalist for two Best of Citrix Synergy awards. Panzura solutions were included in VMware sessions and demonstrated at the VMware booth at VMWorld. Additionally, Panzura customer Electronic Arts Inc. was a featured presenter at AWS re:Invent and executives from Panzura also presented at Aliyun Compute Conference in China.

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