Ctera Grew ARR for Edge-to-Cloud Solutions by 43% in 2021

CTERA Networks Ltd. announced record results for 2021, led by increasing demand for its multi-cloud global file system.

It grew the annual recurring revenue for its edge-to-cloud solutions by 43% in 2021 as new and existing customers learned to deal with post-pandemic work environments. For data-driven enterprises, managing the continued growth of unstructured data has led to transitions from legacy data centre-focused storage environments to providing fast data access closer to where the users are – at the edge.
 
New customer acquisition occurred in several key markets, including the US Federal Government, which grew over 300%, with wins with organisations such as the Veterans Affairs and the US Air Force.
 
Additional 2021 highlights include:

Recreates the HQ at the home office – with the introduction of Edge HC100 and Drive Connect Agent to help organisations deal with the new normal of working remotely or from home. It gives corporate users the power to access, share and backup files using a modern collaboration interface. The desktop and mobile apps enable secure file sync and endpoint backup from any device, anywhere.
 
Continued to grow its strategic partnerships – awarded HPE 2021 Edge-to-Cloud Partner of the Year offering enabling customers and partners to easily deploy the CTERA environment with a few clicks, and announced a new partnership with Varonis to provide data classification, log processing, and auditing capabilities to defend sensitive data from theft, leakage, and loss.
 
The company expands its leadership team as Donald Wales joined the executive leadership team as SVP of North America sales. He is an industry veteran who brings over thirty years of storage and channel expertise. He has held executive leadership roles at companies such as EMC, IBM, Zerto, Robin.io, StorageTek, Brocade, and Veritas.

 
“2021 was a year of expanding our reach into existing markets and earning the trust and reputation for secure offerings in distributed file storage for whole sectors. Today, as security breaches are more the norm than the exception, it is a corporate imperative to provide the most secure and credentialed platforms possible,” said Liran Eshel, founder and CEO. “We have doubled down to ensure we meet the most stringent requirements for security designation, and this stance has powered our customer growth over the past year. We look forward to 2022 and supporting enterprises that require scalability, flexibility and security more than ever before.”