Unitrends Grew 33% in 2014

Unitrends, Inc. reported the best financial results in the company’s history for both the fiscal year and the fourth quarter.

The company grew 36% in the fourth quarter and 33% for the full-year 2014. Performance in Q4 marks the company’s 24th consecutive quarter of record growth.

A record year for product development fueled Unitrends’ growth in 2014. The company introduced Unitrends Cloud, an enterprise, hybrid cloud data protection solution that works with its portfolio of physical and virtual backup appliances, and unveiled Release 8.0 of its Recovery-Series physical appliances and Unitrends Enterprise Backup virtual appliances – both of which were critical factors in the company’s success.

Unitrends also increased its investment in VMware and Amazon Web Services (AWS) migration, cloudbursting and DR through its release of Unitrends Boomerang.

“Unitrends customers are demanding more than heterogeneous on-premise backup and manual archiving solutions – they now demand fully-integrated BC and DR,” said Kevin Weiss, CEO, Unitrends. “The introduction of Unitrends cloud and Release 8.0 of Recovery-Series and Unitrends Enterprise Backup were critical steps in delivering on our commitment to all IT professionals – those managing virtual infrastructure, physical infrastructure and cloud: That they can have uncompromising confidence in their IT infrastructure. Our acquisitions and integration of PHD Virtual and Yuruware continue to pay benefits in the realization of our vision. And as wonderful as 2014 was, we’ve really only just begun to deliver value for our customers and our partners with our cloud-empowered data protection solutions.“

Key highlights in 2014:

• Corporate. Unitrends ranked No. 198 in the 2014 Deloitte Technology Fast 500, an annual list of the fastest-growing public and private technology companies in North America. The company also placed No. 1,010 in Inc. magazine’s 33rd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. It won a Silver Stevie Award in the Customer Service Department of the Year – Computer Software – 100 or more employees category at The Stevies 2014 American Business AwardsSM . It was named a bronze winner in the Customer Service or Contact Center Department of the Year category in the 2014 Customer Sales and Service World.
• Awards program. In addition to third-party recognition, it also made several important personnel announcements in 2014, highlighted by the addition of Brad Miller as its new CFO in Q4.
• Cloud, BC and DR. Unitrends DRaaS was named a winner in the TMC 2014 cloud Computing Magazine Product of the Year Awards. The offering was also named a silver winner in the 2014 Best in Biz Awards Best New Service of the Year category. DRaaS and the company’s free BC/DR Link tool were named winners in the 2014 TMC cloud Computing Backup and DR Awards. CRN included Unitrends in its first-ever Cloud Partner Program Guide, a list of the technology vendors with cloud-related partner programs designed to benefit members of the indirect IT channel and their cloud initiatives. Major cloud, BC and DR product news was highlighted by Unitrends Boomerang, which enables VMware administrators to use AWS to perform cloudbursting, migration and DR.
• Backup Appliances and Backup Software. Unitrends was included for the first time in Gartner’s Magic Quadrant for Enterprise Backup Software and Integrated Appliances. Unitrends Certified Recovery Suite (UCRS) received the Best-in-Class ranking in DCIG’s 2014-2015 Virtual Server Backup Software Buyer’s Guide. Twelve of Unitrends Recovery-Series appliances were in the top 25 appliances rated in DCIG’s 2014-2015 Integrated Backup Appliance Buyer’s Guide. Unitrends was also included in CRN’s 2014 Virtualization 50, an annual list of the virtualization vendors – established players and start-ups – that need to be on the channel’s radar.

Unitrends has jump-started 2015 by announcing a new CEO, Kevin Weiss, as well as further extending its data protection solution with the release of the a flash-enabled physical backup appliance line and Hyper-V support in its ReliableDR application-level recovery assurance line.