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… Whiptail …

Revenue up 300% Y/Y

Whiptail Technologies, Inc. announced corporate growth in 2012.

300% revenue growth is attributed to adding 130 new customers in 2012 and its presence in the government, healthcare, and education as well as the company’s expansion into new markets such as chemical manufacturing, medical research and news publishing.

"We believe that 2012 was the year that Whiptail and Flash hit the tipping point," said Whiptail CEO Dan Crain. "The $31 million series C round highlighted by being SanDisk Ventures’ first strategic investment shows that confidence in our vision is strong. Combine that with our rapidly growing customer base and revenue and it’s obvious that Flash is not just the future of enterprise storage, it’s the now."

Additional 2012 company highlights include:

  • Products: Introduced ACCELA and INVICTA, the second generation all-flash storage arrays. Announced INVICTA INFINITY high performing and flexible enterprise class modular solid state storage array, capable of exceeding 4 million IOPS and 40GB/second throughput in real world use. Unveiled RACERUNNER 4.1.1, which adds the ability for a user to replicate their data to a non-Whiptail target array for flexibility, security and availability.
  • Application Workload Growth: Customers across 24 industries are operating faster on Whiptail arrays. Customers moved databases, virtualized applications, search indexing, and virtual desktops. Leveraging INVICTA’s modular scale-out ability, customers consolidated multiple applications onto a single array resulting in energy savings. Arrays support more than 120,000 VDI end users across the globe.
  • Company Expansion: Headcount has increased more than 500% in the past 12 months and as a result the company has expanded its headquarters in New Jersey and opened a new office in San Jose, CA.
  • Capacity: Whiptail hit 3.7PB and almost 60 million IOPS of all-flash storage shipped worldwide. Whiptail arrays have displaced more than 300,000 high-performance 300GB HDDs totaling 87PB while saving users more than $10 million annually in combined energy and climate control costs.
  • Partnerships: Whiptail partnered with Cisco, Citrix, SanDisk, Micron and VMware in 2012. Each partnership is focused on delivering optimized ROI and enhanced user experiences for customers.

"Predictions for the demise of traditional rotational storage arrays and HDDs are becoming more frequent as flash vendors continue to improve quality, capacity, and longevity," said Gary MacFadden, founder of Parity Research. "Buyers looking to exploit SSD and accelerate application efficiency and dramatically improve user experience without breaking the bank should consider vendors such as Whiptail. They have a proven solution to meet the needs of price-conscious customers who also desire a major performance boost."

Read also:
Top 15 Fastest Growing Storage Start-Ups in 2012
Among those that revealed their growth

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