Record Year for Sanbolic
2011 sales 50% greater than 2010
This is a Press Release edited by StorageNewsletter.com on February 2, 2012 at 3:07 pmSanbolic, Inc. has continued to set sales records in both its North American and EMEA operations.
2011 total year-end sales topped out at over 50% greater than 2010, with North America growing by 54%, EMEA by 59% and the average deal size by over 54%. Sanbolic’s services business growth of 54% during 2011 was also quite notable. Q4 2011 also marked the addition of a new member to Sanbolic’s Board of Directors, David Morrison, a founding partner of Lee Equity Partners of New York.
"I am extremely proud to announce that 2011 was a record year for Sanbolic – across the board," said Momchil ‘Memo’ Michailov, co-founder and CEO of Sanbolic. "We believe this is due to the fact that while there is an overabundance of products that claim to address the storage virtualization challenge, the truth is they really only address a very small, often proprietary piece of the puzzle. IT executives and the channel will no longer settle for anything less than a fully comprehensive approach that enables them to avoid the challenges a poorly implemented, monitored and managed storage virtualization architecture can introduce. That’s where Sanbolic Melio software comes in. Melio enables its users to remove the rigid binding between applications and storage, for improved workload agility; provision storage resources to meet unpredictable applications requirements, for consistent performance; centrally manage storage resources, to reduce overheard and ensure QoS; and provide shared access to application data, to ensure HA. Melio is the exactly right solution at exactly the right time."
"Sanbolic’s success has understandably not gone unnoticed," Michailov continued. "It has provided us with the luxury of attracting and retaining many of the industry’s most talented professionals – both on our full-time staff, as well as advisors to the company. Consequently, I am honored to announce that Sanbolic has appointed David Morrison to its Board of Directors. David brings with him an immeasurable wealth of expertise that will undoubtedly prove invaluable as we move into 2012."
"I am thrilled to join Sanbolic’s BOD and look forward to the opportunity and challenge of working with the amazing team already in place in order to help drive Sanbolic’s continued extraordinary growth and leadership in the distributed data management space," stated Morrison.
David Morrison is a founding partner of Lee Equity Partners in New York. Lee Equity Partners is a mid cap, growth-oriented private equity firm led by Thomas H. Lee, who was a pioneer in the early stages of the private equity industry. Prior to joining Lee Equity, Mr. Morrison was President and CEO of Mercer Management Consulting, Inc. and Chief Executive for Mercer’s Specialty Consulting businesses, a portfolio of strategy, operations and functional consulting firms. Mr. Morrison is co-author, with Adrian Slywotzky, of The Profit Zone: How Strategic Business Design Will Lead You to Tomorrow’s Profits (a 1998 ‘Top 10 Bes’" Business Book) and Profit Patterns: 30 Ways to Anticipate and Profit from Strategic Forces Reshaping Your Business, published by the Times Books division of Random House. Mr. Morrison holds a B.S. in Aerospace Engineering from the U.S. Naval Academy in Annapolis and served eight years in the U.S. Navy as a Naval Flight Officer. He earned an M.S.E. from Princeton’s Aerospace Systems Lab and he graduated with high distinction from the Harvard Business School, where he was named a Baker scholar.
Main Events in 2011
- Melio Version 3.5 Released – Application Availability and Scalability for Critical Enterprise Workloads
- AppCluster v2.0 Launched – Extends Microsoft SQL Server Agility, HA and Scalability Across Physical, Virtualized and Cloud Environments
- Record VDI Customer Adoption
- Chosen to Join Microsoft High Potential ISV Managed Partner Program
- Melio Named Key Ingredient in Intel ESAA How to Build A Microsoft Cloud Solution Solution Guide











