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Top Fastest Growing Storage Companies in 2021

Kasten by Veeam, Clumio, Vast Data, Alluxio and LucidLink at 300% and more

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
(Source: StorageNewsletter.com)

Vendors 2020/2021 growth Activity
1 Kasten by Veeam 900% (bookings) Kubernetes backup, DR and mobility
2 Clumio 450% (ARR) Cloud data protection
3 Vast Data
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
18 ionir
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
23 Blackblaze 25% Cloud backup
24 Veeam Software 21% Backup, recovery and data management solutions
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