Press release

ExaGrid Reports Record Bookings and Revenue for Q4-2019 and Fiscal Year 2019

Sponsored by Businesswire

a leading provider of intelligent hyperconverged storage for backup with
data deduplication, today announced record bookings and revenue for
Q4-2019 ending in December as well as a record fiscal year 2019. ExaGrid
had significant growth in the Americas, Latin America, EMEA and APAC.

“This was our best quarter and fiscal year for bookings and revenue to
date,” said Bill Andrews, CEO and President of ExaGrid. “We added over
100 new customers with a record number of new customer six-figure
purchase orders. We achieved double-digit growth over the same quarter a
year ago. ExaGrid focuses on organizations that need to store hundreds
of terabytes to petabytes of backup data.”

Partner and Product Highlights in Q4-2019

  • ExaGrid continued its strong
    sales growth
    with mid-market to enterprise organizations that use
    Veeam® Software, Commvault®, Veritas®
    NetBackup, Oracle RMAN Direct and other enterprise backup applications.
  • ExaGrid had a record quarter for backup storage behind Commvault®
    due in part to an announcement made earlier in the year about
    ExaGrid’s ability
    to further deduplicate Commvault deduplicated data
    . ExaGrid does
    not require any change to the Commvault configuration and can improve
    backup efficiency by a factor of 3X.
  • ExaGrid announced a new
    data storage solution
    for Acronis® Cyber Backup which
    provides efficient edge data protection and storage for remote sites.
  • ExaGrid was voted “Backup
    Storage Innovation of the Year
    ” at Storage, Digitalisation + Cloud
    (SDC) Awards 2019.

ExaGrid solves the three inherent compute problems to achieve faster
backups, restores, and VM boots by leveraging its unique Landing Zone,
adaptive deduplication, and scale-out architecture.

“First-generation deduplication solutions can be cost prohibitive for
backup storage and are slow for backups, restores, and VM boots, which
is why a high percentage of ExaGrid’s newly-acquired customers are
replacing Dell EMC Data Domain, HPE StoreOnce, and the Veritas NetBackup
5200/5300 series of appliances. We are replacing low cost primary
storage disk behind Commvault, as ExaGrid is far less expensive than
Dell, HPE Nimble, NTAP eSeries and Cisco 3260, when customers require
longer term retention,” Andrews said. “We continue to see growth behind
Commvault, Veeam and Veritas NetBackup as the company moves up market.”

All backup storage vendors reduce storage and bandwidth to varying
degrees, but most provide slow ingest rates due to deduplication being
performed ‘inline.’ Additionally, other solutions only store
deduplicated data, which causes restore speeds and VM boots to be very
slow. ExaGrid’s ingest rate is 6X faster than its closest competitor.
Unlike the first-generation vendors that only add capacity as data
grows, ExaGrid appliances add compute with capacity, ensuring that the
backup window remains fixed in length. Only ExaGrid uses a scale-out
architecture with a unique Landing Zone, which holistically addresses
all of the scalability and performance challenges of backup storage.

ExaGrid’s turnkey disk-based backup system combines enterprise storage
with zone-level data deduplication, delivering a disk-based solution
that is far more cost effective than low cost disk. Unlike
first-generation inline/scale-up deduplication solutions that were
either built into a backup application media server or into a dedicated
storage appliance, ExaGrid delivers the backup industry’s only true
Landing Zone and scale-out architecture with data deduplication.
Utilizing ExaGrid’s Landing Zone with adaptive deduplication typically
halves the cost of the first-generation large brand solutions and is 3X
the backup performance and 20X the restore/VM boot performance. By using
a scale-out architecture, ExaGrid is the only solution that keeps the
backup window fixed in length as data grows and eliminates both forklift
upgrades and forced product obsolescence.

About ExaGrid
ExaGrid provides intelligent hyperconverged
storage for backup with data deduplication, a unique Landing Zone, and
scale-out architecture. ExaGrid’s Landing Zone provides for the fastest
backups, restores, and instant VM recoveries. Its scale-out architecture
includes full appliances in a scale-out system and ensures a
fixed-length backup window as data grows, eliminating expensive forklift
upgrades. Visit us at or
connect with us on LinkedIn.
See what our customers have to say about their own ExaGrid experiences
and why they now spend significantly less time on backup in our customer
success stories

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