52% Revenue Growth for Nakivo in 2Q21 From 2Q20

In 2Q21, NAKIVO, Inc. achieved the following:

Revenue
Grew by 52% worldwide in comparison to 2Q20. Of the total revenue, 53% came from the EMEA region, 37% came from the Americas, and 10% came from the AsiaPac region. The highest producers of revenue were the United States, Germany, and France. Revenue grew more than 100% Q/Q in Belgium, Brazil, Bulgaria, Colombia, Croatia, Dominican Republic, Ecuador, French Polynesia, Gibraltar, Indonesia, Ireland, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Morocco, Nepal, Panama, Romania, Serbia, Thailand, United Arab Emirates.

Customers
Currently, the company has over 19,000 paid customers in 158 countries. The company’s customer base grew by 25% in 2Q21 over 2Q20. The number of new customers grew by 27% in the EMEA region, by 25% in the AsiaPac region, and by 19% in the Americas. For the first time, new customers from the Democratic Republic of Congo, Gabon, Honduras, Laos, Nicaragua, and Senegal became customers. Enterprises continue to choose NAKIVO Backup & Replication as their preferred data protection solution, with new deployments growing by 75% in 2Q21 over 2Q20. A sample of customers in 2Q21 includes Penn-Harris-Maddison School Corporation, Marine Nationale, Lawo AG, National Statistics Office Thailand, Intrusion, and Sharjah Airport International Free Zone. Some examples of customer success stories in 2Q21 include Siggi Group (NAKIVO Ensures HA with Site Security for Italian Clothing Manufacturer), Altius Insurance (Insurance Company Abandons Backup to Tape and Switches to NAKIVO Backup & Replication), and Columbia Nephrology (Medical Practice Saves Thousands on Renewal with NAKIVO).

Technology Partners
In 2Q21, NAKIVO delivered its solutions via technology partners, as more enterprises and SMBs chose to install NAKIVO Backup & Replication on partner hardware. Particularly, Qnap NAS installations grew by 13% in Q2 2021 vs. Q2 2020.

Solution Partners
Currently, The firm has over 6,000 software solution providers as partners across the Americas, Europe, Africa, the Middle-East, and the AsiaPac region. In 2Q21, 230 new solution providers joined the firm’s Partner Program and now offer products to their enterprise and SMB customers.

MSPs
MSP Program enables managed service, cloud, and hosting providers to deliver VM backup as a service (BaaS), VM replication as a service (RaaS), and VM DR as a service (DRaaS) to their customers. In 2Q21, the number of MSPs grew by 49% vs. 2Q20.

“Another quarter of 2021 has proven to be successful for NAKIVO worldwide,” said CEO Bruce Talley. “In 2Q21, we expanded the scope of Microsoft 365 data protection and introduced VMware Cloud Director Backup. We also continue to help SMBs and enterprises defeat ransomware and deliver the features they need to stay one step ahead of cybercriminals.“