This article is regularly updated when we will get more information from other companies.
Yearly since 2013, we are ranking the top fastest growing storage companies in sales, ARR or bookings, either start-ups, private or public firms, here from 2020 to 2021 (calendar year or fiscal year), based on published figures only.
They are public or privately held and, for the private ones, as usual, they do not reveal the exact figure of their sales but growth percentage only.
In 2021, 4 public companies deserved a position in our ranking: Silicon Motion, SK hynix, Micron, Phison, Macronix and Backlaze. No one in 2020.
One company recorded 500% growth in 2018, Rubrik, Weka 600% in 2019. For 2020, 1,113% by Rewind is an historically record, then 900% by Kasten by Veeam in 2021.
Here Kasten by Veeam with 900% is followed by Clumio 450%, Vast Data 380%, Alluxio 350%, and LucidLink 300%.
Of course, we missed all the private storage companies that didn’t reveal anything on their financial activity. For 2 reasons: 1/ they are successful but neglect to inform us about it; 2/ they are not successful and prefer not divulge their results.
Note: Other companies could be probably included in this table of fastest growing storage firms in 2021, but they didn’t prove it by publishing precisely their yearly growing figures: Cloudian, GridGain Systems, HYCU, Lightlibs Labs, Nakivo, Qumulo, Storage Made Easy, Tintri/DDN.
Among all of them, the vast majority is involved in software, cloud and flash.
Top Fastest Growing Storage Companies in 2021
|1||Kasten by Veeam||900% (bookings)||Kubernetes backup, DR and mobility|
|2||Clumio||450% (ARR)||Cloud data protection|
||380% (bookings)||Data platform company for AI|
|4||Alluxio||350%||Open source cloud data orchestration software|
|5||LucidLink||300%||Transforming cloud into local storage|
|6||MinIO||201% (ARR)||Kubernetes-native object storage for the multi-cloud|
|7||Code42||125%||Insider risk detection and response|
|8||Komprise||115%||Analytics-driven data management and mobility|
|9||Nasuni||81% (bookings)||File data services|
|10||Silicon Motion||71%||SSDs and controllers|
|11||iXsystems||70%||HA storage and servers powered by open source solutions|
|12||DH2i||44%||Multi-platform smart availability software and software defined perimeter security software solutions|
|13||Ctera Networks||43% (ARR)||Distributed cloud file storage,|
|14||Infinidat||40% (bookings)||High-end storage subsystems|
|15||ExaGrid||39%||Tiered backup storage solution|
|16||MSys Technologies||37%||Software product engineering service with focus on data center technologies like storage, networking, virtualization, and cloud|
|17||SK hynix||35%||RAM and flash|
||30%||Cloud-native storage and data management platform for Kubernetes|
|18||StorPool Storage||30%||Storage software|
|20||Micron||29%||DRAM and NAND flash|
|21||Phison Electronics||29%||SSD controllers|
|22||Macronix||27%||NAND, NOR, ROM|
|24||Veeam Software||21%||Backup, recovery and data management solutions|