Y/Y Sales Grew by 50% in 2014 for Infrascale
Expanded from 100 to 150 employees
This is a Press Release edited by StorageNewsletter.com on February 9, 2015 at 3:16 pmInfrascale, Inc., provider of secure, cloud-managed data protection, announced that year-over-year sales grew by 50% in 2014 due to the demand for its comprehensive platform for cloud backup, archiving, DR and file sharing.
The company also appointed three new executives in sales, marketing and product management last year to aid in the company’s expansion.
In addition, the company closed a $16.3 million series B investment that helped fund its acquisition of Eversync Solutions, Inc.
The integration of Eversync’s technology allowed to expand the capabilities of its total data protection platform by adding a cloud-connected backup appliance offering.
“Data protection is a critical part of computing that is often overlooked, and Infrascale’s goal is to make backup dramatically simpler and offer a solution at a disruptive price point that makes it more accessible,” said Ken Shaw, CEO, Infrascale. “The most important point is raising awareness of security in storing data in the cloud. We provide a solution that helps companies securely protect their business data – their lifeblood. We will continue to push this message as we invest in and scale up our North American and international presence.”
New Platform Features
The addition of multiple product features this year resulted in record sales of the company’s data-protection platform. Infrascale extended its platform with a VMware hypervisor-level backup to protect virtual environments across any OS or device. Infrascale also added new features for endpoint protection and support for Exchange 2013. The data-protection solution is accessible through a single centralized dashboard for anytime, anywhere access.
Infrascale is channel-centric and has nearly 1,000 technology partners worldwide, principally in North America, who sell into the mid-market. The company is dedicated to working with that partner network to identify opportunities in the market; jointly sell those opportunities; and deploy, manage and maintain the solution.
Expanded Team
Infrascale expanded from 100 employees to 150, including three key executives, in 2014 due to the acquisition of Eversync and the surge in demand for the company’s data protection platform.
Joining the team as SVP of WW sales was former IBM North America sales leader Robert Prigge. He brings over 20 years of cloud, software and hardware security sales as well as start-up entrepreneurship experience to the Infrascale team.
Dean Nicolls, appointed VP of demand generation, has more than 20 years of B2B marketing leadership experience. He has worked with companies, including Microsoft, and with a number of early-stage tech start-ups.
Stephane Fymat joined as VP of product management and product marketing. Formerly, he led efforts to make Passlogix, in the enterprise security space, become recognized by Gartner and purchased by Oracle.
Funding and Acquisition
In June last year, Infrascale acquired Eversync, a provider of cloud-connected, on-premise data protection appliances. Eversync’s data protection products combine enterprise backup and DR capabilities in a simple, affordable package that is purpose-built for mid-size organizations.
The acquisition was a result of Infrascale’s series B funding round, which was led by investor Carrick Capital Partners and advised by DH Capital. Existing angel investors include Dan Gregerson, Marc McMorris and Steve Unterberger.
Infrascale has been recognized with following industry accolades:
- CRN, 10 VC Investments to Watch in 2015
- CRN, 10 Cool Hybrid On-Prem/Cloud Data Protection Solutions for SMBs
- Symmetry50, The Top 100 start-ups in LA