Sales Up 400% in 2011 for Nexenta

Nexenta Systems, Inc. finished the 2011 fiscal year with record results.

Sales were up by 400 percent from 2010. The company added a slate of seasoned executives to its management ranks and bolstered its more than 4,000-member customer list with some widely known names.

Nexenta more than doubled its staff in 2011 and added brand name customers, including the U.S. Army, Cisco Systems, U.S. Department of Homeland Security, ForEx.com, Splunk, Shenzhen Municipal Public Security Bureau, VESK, VocaLink, Volkswagen, NTT Data, Honda, Nissan, Juniper, Checkpoint, Zend, VMware, Citrix and Zappos.com.

"We’ve grown sales by 1,600 percent in the last two years. There is clearly massive pent up demand for enterprise class storage without the antediluvian business practices and technologies of legacy storage," said Evan Powell, CEO of Nexenta. "My thanks go to our partners and the tens of thousands of users who continue to spread the word that NexentaStor delivers on our mission of Enterprise Class Storage for Everyone."

Nexenta built out its roster of executive talent in the last three months. Bill Fuller, whose experience includes positions at Tandem, Auspex and Quest Software, joined as the vice president of engineering. Bill Roth joined as vice president of marketing and brings experience as a senior marketing and operations leader at firms including BEA, Sun and GSI Commerce.

In addition, Nexenta continued to enhance its partner programmes. Active resale partners can enjoy joint marketing funds, as well as leading margins, with NexentaStor. It now has more than 250 resale partners, including Dell Computer, and is investing in the success of new and existing partners.

Nexenta recently announced that it received more than $21 million in Series C financing, in a round led by Menlo Ventures that also included Razor’s Edge Ventures and Sierra Ventures.