Tintri Closed More Deals Over $1 million in 3Q16 Than in Any Other Quarter

Tintri, Inc. announced that its fiscal year Q3 that ended October 31, 2016, it experienced strong demand for its enterprise cloud and all-flash storage solutions.
 
During this period, the firm closed more deals over $1 million than in any other quarter in company history, with a customer base that now includes more than 20% of the Fortune 100 companies.

Demand for the Tintri T5000 VMstore all-flash series increased rapidly during the first year since it was introduced to the market in August 2015.
 
“The third quarter was a great success for Tintri,” said Ken Klein, chairman and CEO. “The company saw strong sales to enterprises and service providers seeking to simplify the deployment and management of enterprise cloud. By deploying Tintri’s all-flash storage platform with its web services architecture, customers are achieving Amazon-like agility with automation and scale in their data centre.“
 
Enterprise cloud for organisations and service providers has become a source of growth for Tintri as IT budgets shift from traditional IT infrastructure to the cloud. More than one third of Tintri customers have built cloud infrastructures with Tintri storage.

In Q3, Tintri introduced solutions geared to help customers build enterprise cloud, including:

• New release of the Tintri OS with web services architecture and RESTful APIs that expands automation capabilities with a VMware vRealize Orchestrator  plug-in
• Preview of AWS S3 connector and container support
• Deeper integration with the Hyper-V virtualisation ecosystem and certifications for the latest Microsoft applications
• DR for between data centres and to clouds with one-to-many and synchronous replication
   

Tintri’s leadership in the cloud computing arena was recognised by analysts and publications in the third quarter, including:

• Gartner naming Tintri a Visionary in both the 2016 Gartner Magic Quadrant for General-Purpose Disk Arrays and Magic Quadrant for Solid-State Arrays
• Validation by third party benchmarking – The Evaluator Group – as the most efficient storage tested
• Inclusion in CRN’s 2016 Cloud Partner Program Guide

During the quarter, former Cisco Systems CTO Charles Giancarlo joined the Tintri board of directors, and the company added new regional offices in Washington, DC and Chicago, IL.
 
Cloud service providers and enterprises including Comcast, Chevron, NASA, Toyota, United Healthcare and 20% of the Fortune 100, trust Tintri with enterprise cloud.