Revenue of Actifio Up 500%

Actifio, Inc. announced its ninth consecutive quarter of double-digit quarterly growth, and its fifth consecutive quarter of over 500% annual growth.

Driven by trends in virtualization, big data, and cloud-based IT infrastructure, Actifio’s solutions replace siloed backup, snapshot, DR, and BC applications with a single, purpose-built copy data management storage system, enabling customers to recover anything instantly for up to 90% less than they’re paying today.

Other highlights of the quarter included:

• 9 consecutive quarters of double-digit sequential growth.
• 5 consecutive quarters of quarterly year-over-year growth over 500%.
• Revenues more than doubled from the first quarter of this year.
• A global presence proven by uniform distribution of revenue across the company’s four global operating regions: North America – East, North America – West, EMEA, and APJ.
• Continued momentum with channel partners, demonstrated by the 78% of revenue delivered by its partner ecosystem.
• 32% of total revenue from MSPs.

"Actifio is now on track to become the fastest growing enterprise storage company from inception, ever," said Ash Ashutosh, Actifio founder and CEO. "I am incredibly grateful to the growing roster of Actifio users, and incredibly proud of the quality of our team’s execution around the world."