Home Industry NAKIVO Reports Q2 2015 Results: 106% Revenue Growth

NAKIVO Reports Q2 2015 Results: 106% Revenue Growth


NAKIVO Inc., the fastest-growing virtualization and cloud backup software company for VMware environments, today announced another record quarter of growth since launching NAKIVO Backup & Replication in 2012. Named to Top 10 Virtualization Startups you’ll Hear about in 2015 by TechTarget and Top 20 Coolest Cloud Computing Vendors of 2015 by CRN, NAKIVO is delivering a new way for cloud providers, enterprises, and SMBs to back up and replicate their VMware environments onsite, offsite, and to private/public clouds more reliably, efficiently, and cost effectively.

In Q2 2015, NAKIVO more than doubled its revenue collections vs. Q2 2014. Most of the revenue (52%) came from the EMEA region, while 9% came from Asia-Pacific, and 42% came from the Americas.

NAKIVO continues to expand its global presence and has grown its customer base to over 7,500 customers across the globe. In Q2 2015, NAKIVO has gained 125% more customers than in Q2 2014. Most of the new customers came from the EMEA region (54%), while 10% came from Asia-Pacific, and 36% came from North and South Americas. With new customer orders in Q2, NAKIVO expanded into Korea, Monaco, and Romania for the first time.

In Q2 2015, over 77 solution providers have joined NAKIVO Partner Program and now offer NAKIVO products to their enterprise and SMB customers. NAKIVO now has over 900 software solution providers in 102 countries across the Americas, Europe, Africa, Middle-East, and Asia-Pacific. In Q2 2015, solutions partners from Zambia, Bolivia, and Uruguay have joined NAKIVO Partner Program for the first time.

NAKIVO’s Cloud Provider Program enables managed services, cloud, and hosting providers to introduce Backup-as-a-Service (BaaS), Replication-as-a-Service (RaaS), and Disaster Recovery-as-a-Service (DRaaS) to their clients. In Q2 2015, NAKIVO has increased the number of qualified Cloud Providers to 93. In Q2 2015, cloud providers from Turkey, Chile, and Hong Kong have joined NAKIVO’s Cloud Provider Program for the first time.

In Q2, NAKIVO has released v5.6, adding screenshot verification and new report types, and v5.7, adding full support for VMware vSphere v6 and backup repository encryption.

“We are pleased with our growth rate and global expansion in Q2, as more and more SMBs, enterprises, and cloud providers begin to appreciate the benefits of a fast, reliable, and affordable VMware data protection provided by NAKIVO,” said Bruce Talley, CEO and co-founder of NAKIVO.

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