Nakivo Gained 202% Revenue Growth in 2014 Vs. 2013

NAKIVO Inc. announced 2014 annual results.

Named one of the top 10 coolest storage start-ups of 2014 by CRN, NAKIVO is delivering a way for cloud providers, enterprises, and SMBs to backup and replicate their VMware infrastructure more reliably, efficiently, and cost effectively.

In 2014, the company has achieved the following:

Revenue
It has gained 3X (202%) year-over-year revenue growth in 2014 vs. 2013, demonstrating rapid customer adoption worldwide and fast pace growth in the VMware data protection market. Most of the revenue (64%) came from the EMEA region, while 26% came from North America, and 10% came from South America and Asia.

Solution Partners
NAKIVO has doubled the number of its Solution Partners in 2014 vs. 2013. Over 700 VMware resellers from 72 countries across the Americas, Europe, Africa, Middle-East, and Asia have joined its Partner Program and offer products to their SMB and Enterprise customers. In 2014, NAKIVO has strengthened its global presence by signing distribution agreements with the software distributors across the globe, including Arrow (Europe), TriTech (China), Solutions Middle East (Middle East), and REAL Security (Adriatic Region).

Customers
The company has grown its customer base to over 5,000 customers in 2014 (gaining 2.5X more customers in 2014 compared to 2013). Most of the customers came from the EMEA region (58%), while 27% came from North America, and 15% came from South America and Asia. Some of customer examples are Afrihost (one of the largest ISPs in Africa; saves 600% on VMware backup and replication costs with NAKIVO), ClearCube (a USA-based computer systems manufacturer; reduces VMware VM backup time by 20% with NAKIVO), and Soilmoisture (one of the world’s leading manufacturers of agronomy laboratory equipment; uses NAKIVO Backup & Replication to protect their VMware VMs).

Cloud Providers
The firm continues to grow its cloud provider ecosystem: over 60 VMware service providers have joined its Cloud Provider program and deliver VM Backup-as-a-Service, VM Replication-as-a-Service, and VM Disaster-Recovery-as-a-Service to their customers using NAKIVO Backup & Replication. Some of the cloud providers include American Datacenters (an Internet and cloud services provider in Italy that delivers VM Backup-as-a-Service to clients and improves VM recovery time by 10X with NAKIVO).

Product
During 2014, NAKIVO has released the following four main product versions:

• v5 featuring Flash VM Boot, which provides the ability to boot VMware VMs directly from compressed and deduplicated VM backups without recovering the entire VMs first
• v4.1 featuring Integration Kit, Call Home, and support for datastore clusters
• v4.0 featuring Instant object recovery for Exchange, Exchange logs truncation, and backup verification
• v3.9 featuring Multi Tenancy, Self-Service, dynamic license allocation, GFS backup retention, and improved job scheduler

“2014 has been a very successful year for NAKIVO,” said Bruce Talley, CEO and co-founder, NAKIVO. “We are excited with the demand for NAKIVO by enterprise SMB customers worldwide, and we’re looking forward to achieving more in 2015.”