Nexenta on Its Way To 350 Percent Annual Growth in 2012

Nexenta on Its Way To 350 Percent Annual
Growth in 2012

Fastest Growing Company in Enterprise Storage Now Boasts 61,000 Active Deployments, Plans to Double Workforce Again

Santa Clara, CA — August 14, 2012 — Nexenta® Systems, the world leader in OpenStorage solutions, today announced that it grew 40 percent quarter-on-quarter and is forecasting triple-digit annual revenue growth for the third year in a row – with projected revenue growth for 2012 expected to surpass 350 percent. Nexenta’s continued growth is fueled by an unmatched pace of product innovation, significant additions to its 5,000-strong customer base, a laser focus on building and supporting its channel and partner program and a recent infusion of strategic venture capital funding.

In the first half of 2012 alone, Nexenta closed more new business than it did in all of 2011. Its growing customer base now includes blue-chip companies, including a large Internet content provider, GoDaddy.com, LeaseWeb, several branches of the U.S. Federal Government, a large German digital media company and ESRI. The largest customer deployment of NexentaStor, by KT – which powers the largest public cloud in Asia – grew to nearly 100 petabytes.

Said Evan Powell, CEO of Nexenta: “OpenStorage and our own NexentaStor platform are loosening the stranglehold the proprietary storage industry has on IT innovation. By providing an open solution with an unmatched breadth of capabilities, a software-only business model that enables hardware choice and industry-leading price performance particularly for high IO and high capacity unified storage workloads, NexentaStor delivers the massive improvement in storage total cost of ownership that the IT industry is demanding.”

Other significant Nexenta milestones in 2012 include:

  • A 300 percent increase in active partners since the beginning of 2012
  • The debut of NexentaVSA for View, which simplifies the complexity of VDI deployments
  • The unveiling of the Nexenta Premier Partner program in June
  • A slate of contributions to OpenStack in April
  • A partnership with Intel to optimize the Xeon E5 Server Platform in March

    • Said Bill Roth, vice president of marketing, Nexenta: “By delivering choice, flexibility, air-tight data protection and industry-leading price performance and breakthrough innovation such as NexentaVSA for View, we are achieving record-setting growth. A lot of the credit should go to our network of almost 300 reseller partners around the world, many of whom provide comprehensive storage solutions, powered by NexentaStor, for their customers.”

    As part of its commitment to developing and educating the OpenStorage community, Nexenta will host the OpenStorage Summit 2012 in San Jose, Calif. from October 31 to November 1 at the DoubleTree by Hilton Hotel. With more than 2.5 million terabytes of data created every day around the world, the best minds in the OpenStorage IT community will convene in San Jose to discuss data storage best practices and participate in interactive workshops, technical breakouts and in-depth training. For more information, visit http://www.openstoragesummit.org/.

    About Nexenta Systems
    Nexenta Systems is the leading supplier of enterprise-class OpenStorage solutions. Its flagship software-only platform, NexentaStor, delivers high-performance, ultra-scalable, cloud- and virtualization-optimized storage solutions. Built upon ZFS technology, and running on any industry-standard hardware, NexentaStor eliminates vendor lock-in and provides open, unified storage management at a fraction of the cost of legacy systems.

    More information about Nexenta Systems, and free trials of the ZFS-based NexentaStor, can be found at Nexenta.com or call +1 (855) NEXENTA. Partners selling NexentaStor-based hardware/software appliances can be found at nexenta.com/corp/partners.

    Contacts:
    Merrill Freund or lauren Connelly
    Schwarz MSL for Nexenta
    415-512-0770
    nexenta@schwartzmsl.com