Nakivo Gained 92% More Revenue in 3Q16 Vs. 3Q15

NAKIVO Inc. announced Q3 2016 results.

Named Top 20 Coolest Cloud Computing Vendors of 2016 by CRN, the company is delivering a way for cloud providers, enterprises, and SMBs to backup and replicate their VMware and AWS environments onsite, offsite, and to private/public clouds more reliably, efficiently, and cost effectively.

Revenue
In Q3 2016, NAKIVO has gained 92% more revenue worldwide vs. Q3 2015. Most of the Q3 revenue (45%) came from the EMEA region, 43% came from the Americas, and 12% came from AsiaPac.

Customers
In Q3 2016, NAKIVO has gained 102% more customers than in Q3 2015. Most of the new customers came from the EMEA region (53%), while 30% came from the Americas, and 17% came from the AsiaPac. The top three revenue producing countries were the United States, Germany, and Italy. It has customers in 84 countries worldwide and has expanded into Guatemala, Macau, Philippines, and South Korea in Q3 2016 for the first time.

Solution Partners
In Q3 2016, 135 new solution providers joined NAKIVO Partner Program and now offer company’s products to their enterprise and SMB customers. The firm now has over 1,400 software solution providers across the Americas, Europe, Africa, Middle-East, and AsiaPac.

Cloud Providers
NAKIVO’s Cloud Provider Program enables managed services, cloud, and hosting providers to introduce Backup-as-a-Service (BaaS), Replication-as-a-Service (RaaS), and DR-as-a-Service (DRaaS) to their clients. In Q3 2016, The company has increased the number of qualified Cloud Providers to 132 and a cloud provider from Russia has joined its Cloud Provider Program for the first time.

Product Releases
In Q3, NAKIVO has released v6.1, which supports instant object recovery for Exchange 2016/2013, Exchange 2016/2013 logs truncation, Hot Add, and job chaining.

“We are excited by a near 2X worldwide revenue growth in Q3 2016, as more and more SMBs, enterprises, and cloud providers adopt NAKIVO Backup & Replication for VMware and Amazon AWS,” said Bruce Talley, CEO and co-founder, NAKIVO.