Ctera Sales in 1H15 Surpass 2014 Revenue

CTERA Networks Ltd has exceeded the company’s 2014 sales within the first six months of 2015.

With multiple strategic wins at enterprise customers, CTERA’s Enterprise File Services Platform is experiencing worldwide reception as the company’s performance continues to outpace the industry benchmark.

Increased deployments of both public and virtual private clouds, user demands for flexibility and IT requirements for security and governance are driving the adoption of enterprise IT-as-a-service platforms. From January 2015 to date, CTERA has experienced sales growth, product innovation and the strategic expansion of its management team. In addition, the company and its Enterprise File Services Platform have been recognized by industry experts.

CTERA’s enterprise business grew at a higher pace, fueled by customer wins at companies such as Céline (a LVMH company), Delaware North Companies, Learfield Communications, Live Nation Entertainment, and the Texas Department of State Health Services.

CTERA is becoming the platform of choice for many enterprise-wide financial
services companies, including the following recent wins:

• A 60,000 license enterprise file sync and share project at a Fortune 100 financial services provider;
• A 4,500 cloud storage gateway deployment at a Fortune Global 500 retail bank; and
• A selection by a Fortune Global 100 financial services company to protect thousands of cloud servers as part of a global CloudOps initiative.
  

In May, CTERA launched version 5.0 of its Enterprise File Services Platform with more than 100 new features to deliver a file services platform for enterprise IT. The platform boasts an user interface and file management framework, productivity tools, an Outlook plug-in and additional capabilities for online viewing and editing.

CTERA’s Enterprise File Services Platform has received validation
from a number of experts, including:

• CTERA’s Enterprise File Sync & Share solution debuted on the Gartner Magic Quadrant
• Computer Technology Review’s 2015 MVP Award
• Two 2015 IT World Awards
  

Management Team Expansion
The CTERA team continued to grow worldwide to keep pace with customer demand.
Key hires include:

• Yochai Rozenblat: chief revenue officer
• Danny Weinstein: VP of customer services
  

“CTERA was founded around a vision of providing enterprises and service providers with a secure and comprehensive toolkit to address enterprise file storage, file sharing and data protection that they can deploy and manage entirely on their own terms,” said Liran Eshel, CEO and co-founder, CTERA. “Our success during the last six months is validation that we are achieving our goals, while also helping our valued partners to reach theirs. The pipeline for the second half of the year is testament to the fact that CTERA’s offerings are a requirement for organizations looking to address enterprise-wide data governance and efficiency demands.“

CTERA’s platform combines cloud storage gateways, end-point clients for file access, collaboration and data protection, and a cloud-based service delivery and data management system to securely sync, share, protect and govern files from any device or remote office, all from the enterprise’s choice of private or virtual private cloud. With a multi-tenant Storage-as-a-Service platform, CTERA’s offering is designed to enable security and data governance to enterprise users and scalability and flexibility for cloud administrators.