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TwinStrata Drives Significant Cloud Storage Adoption in First Quarter of 2011
Company Achieves Over 4X Growth in CloudArray® Revenues
NATICK, Mass. – April 12, 2011 -- TwinStrata, Inc., the leading innovator in cloud storage and data protection solutions, today announced exceptional growth in the first quarter of 2011, reflecting the company’s success in delivering enterprise-class storage solutions to a wide range of vertical market segments.
Highlights of TwinStrata’s business performance during the first quarter of 2011 include:
- More than 400 percent increase in CloudArray total revenue over Q4 2010, including a surge in hardware appliance sales
- New customer acquisitions in industry verticals including Energy, Education, Manufacturing, and Financial
- Ongoing interoperability enhancements with Mezeo, Scality and PEER1 Hosting cloud storage platforms, demonstrating continued commitment to customer choice
- Continued industry recognition, including: “Finalist” status in Storage magazine’s and SearchStorage.com’s 2010 Products of the Year awards, FundedIDEAS Top 300 Startups, and Network Products Guide HOT Companies 100 Finalist
“TwinStrata’s traction indicates it has a feature set well suited for companies looking to begin a transition to cloud storage,” said Terri McClure, a senior analyst with Enterprise Strategy Group. “Companies of all sizes see the cloud as a viable way to securely, simply, and reliably move data off-site, removing storage pain points while reducing costs. TwinStrata’s CloudArray seems to be hitting the mark on all counts.”
“The increase in CloudArray sales this quarter is a meaningful data point indicating cloud storage adoption is on the rise,” said TwinStrata CEO Nicos Vekiarides. “What’s making TwinStrata the ideal customer choice is that we offer a ‘zero-friction’ entry point. With CloudArray, customers enjoy the benefits of cloud storage immediately while minimizing investment and risk.”
About TwinStrata, Inc.
TwinStrata is an innovator in enterprise-class data storage, data protection and disaster recovery/business continuity solutions using cloud storage. With TwinStrata CloudArray®, companies of all sizes can simply and economically leverage the scalability and efficiency of cloud storage while maintaining the availability, performance and security of local storage. CloudArray software and hardware solutions support all file and operating systems, and deliver substantial advantages over traditional off-site storage solutions, including a pay-as-you-go model, unlimited elastic capacity, local performance, in-cloud snapshots and disaster recovery, dynamic caching, automated policies, AES256 encryption, and continuous access to data. For more information about TwinStrata and CloudArray software, visit www.twinstrata.com.
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