$20 Million More Invested Into Scality

Scality SA achieved WW annual growth of 30% Y/Y, navigating an unprecedented 2020 with the largest quarterly revenue results in the company’s 10-year history.

Results were fueled by increasing customer demand for large-scale data management solutions in hybrid and multi-cloud environments.

Enterprise customers now span 43 countries across multiple industries, including healthcare, financial services, cloud service providers, government agencies and media content deliverers. Customer investments grew the most in the areas of all-flash file and object storage solutions, as well as S3 hybrid-deployments across AWS, Microsoft Azure and Google Public Cloud.

Additional highlights of growth in 2020 include:
• Growth of new and expanded deal sizes with large-capacity orders ranging to over 80PB
• Record number of new enterprise customer logos including deployments with Splunk, Veeam, and Weka 
• Expansion in Australia, New Zealand, Israel and new markets in Dubai, India and Russia 
• Continuing strength of HPE alliance, plus new reseller agreements with Supermicro and Western Digital
• Introduced new capabilities in RING object storage, scale-out file system (SOFS), support for all-flash servers, new NAS Archiver solution and proven SOFS in Azure cloud

Customer expansion was accompanied by wins in the form of some of the largest enterprise deployments in Scality’s history.

In 2020, the company was selected by:
• A top five US bank for a major long-term financial analytics solution using RING for a large Splunk SmartStore analytics workload with HPE Ezmeral and GreenLake
• A major US medical imaging service provider that will use RING to support long-term storage requirements for thousands of patients
• Irish Prison Service to secure the health and safety of inmates and staff with a multi-petabyte storage solution for video storage and maintenance
• National Library of Spain for backup and archiving, putting RING at 3 national libraries across the globe
• KADOKAWA Connected to power seamless data streaming for a video-sharing platform

Jérôme Lecat, CEO, said: “In 2020 customers entrusted us with their most valuable asset, their data. As they faced accelerated digital transformation, Scality worked tirelessly to make data more accessible for faster, smarter business decisions. Moving into 2021, we remain committed to being a source of continued stability and innovation despite fluctuating headwinds.”

Jason Donohue, COB, said: “Investors committed $20 million in new financing to Scality for investment in R&D, customer support and sales. With Scality now funded to profitability, this new financing gives the company the push it needs to continue on its long-term, rapid growth curve. Along with its impressive growth last year, Scality came much closer to profitability in 2020 and, with this new investment, we anticipate the company will reach profitability in 2021.“