Record Revenue for Cloudian in 1FH19

Cloudian, Inc. announced record revenue in the first half of its fiscal year (February 1 – July 31, 2019), with Y/Y growth in each of the two quarters.

Sales in North America for the six-month period were strong, increasing more than 65% over the first half of the previous fiscal year.

The company continued to gain traction across a range of markets, building on its position as independent provider of object storage systems and a platform for hybrid cloud storage.

Highlights for 1FH19:
• Introduction of a new object storage solution for VMware Cloud Providers, managed directly from VMware vCloud Director and enabling these providers to offer new and enhanced value-add storage services that seamlessly integrate with the growing ecosystem of S3-compatible applications.
• Release of HyperStore Xtreme, an object storage offering powered by Seagate Technology LLC that delivers density, scalability and economics for private cloud infrastructures with capacity needs of multi-petabytes to an exabyte, including savings of up to 70% over alternative solutions.
• Launch of a global MSP program that makes it easier for MSPs to expand their businesses with high value-add services built on S3-compatible storage.
• Additional integrations of HyperStore with other industry solutions, including availability as a Cisco Validated Design and certification with HPE StoreOnce Cloud Bank Storage and Veritas Enterprise Vault.
• Common Criteria certification of HyperStore, making it one of only two object storage platforms that meet this international security standard.
• New awards and honors, including TechTarget’s 2018 Product of the Year (software-defined and cloud storage category), one of CRN’s 20 ‘coolest’ vendors in the cloud storage space and #4 in a Forbes listing of Best Cloud Computing Companies and CEOs to Work For in 2019.
• Range of new customer, including at one of the world’s largest hedge fund managers, a global fashion label, a top 10 video game publisher and a major U.S. government agency.

“Our continued growth and momentum speak to the strength of our solutions, expanding partnerships and commitment to helping customers manage and protect their data in a hybrid cloud world,” said Michael Tso, CEO. “In contrast to traditional storage providers that are clearly struggling in today’s market, we deliver the massive scalability, geo-distribution, full S3 storage compatibility and cost savings that enterprises are seeking.“