Unitrends Achieves 19th Consecutive Quarter of Record Growth Backup and recovery leader progresses toward $100 million annual revenue goal with 72 percent growth in bookings
COLUMBIA, S.C., Oct. 3, 2013 /PRNewswire/ -- Unitrends, the leading provider of all-in-one backup, archiving, instant recovery and disaster recovery solutions, today announced that Q3 2013 marks the company's 19th consecutive quarter of record growth. The combination of cutting-edge technology, superior customer support, best-in-class partner programs and a high-velocity business model has propelled Unitrends to explosive growth over the past few years and put the company on track to achieve its $100 million annual revenue goal.
Unitrends experienced a 72 percent increase in bookings, Q3 2013 over Q3 2012. The tremendous increase in quarter over quarter bookings thus far in 2013 puts Unitrends on pace to achieve the best year in the company's 24-year history. Unitrends has added more than 1,100 customers worldwide this year alone. Unitrends is also rapidly expanding its staff to match this explosive growth. Since Jan. 1, 2013, the company has added 125 new employees and continues to hire across all functional areas.
"Our success in 2013 and over the past four years is a direct result of our focus on the customer experience and innovation," said Mike Coney, president and CEO, Unitrends. "Every initiative that we put forth maps back to this mission. From our affordable, easy-to-use and proven data protection solutions to our unrivaled customer support to our industry-leading MSP program, we've surpassed our customers' expectations across the board. Even as we track toward the most profitable year in company history, our customers can rest assured that they will always remain our top priority."
Demonstrating its continued commitment to providing customers with innovative, industry-first data protection solutions, in Q3, Unitrends announced Unitrends Enterprise Backup™ Free Edition for the unlicensed (free) version of VMware® vSphere™ Hypervisor™. Unitrends Enterprise Backup, the company's software-only backup and recovery virtual appliance, has supported VMware vSphere since its launch in June 2012. In August 2013, the solution became the industry's first to offer free backup and recovery functionality for the unlicensed version of VMware vSphere Hypervisor.
Unitrends also introduced Release 7.2 for its Recovery Series family of physical appliances and its Unitrends Enterprise Backup virtual appliance. The company's focus on the customer continues as 7.2 makes the industry-leading solutions even more intuitive through features such as a context-sensitive, task-oriented, second-level menu system, a new replication wizard, inclusive masters, new DHCP/DNS support, and a host of other customer-driven usability enhancements. Release 7.2 also includes features such as legal hold, tape bar code support, support for the latest versions of Debian and Ubuntu Linux, support for Linux- and Solaris-based Oracle®, extended VMware® vSphere support, ConnectWise® PSA integration, and a new SNMP/MIB agent for remote monitoring and management (RMM) support.
Throughout Q3, Unitrends continued to rapidly strengthen its channel strategy and expand its partner ecosystem, most notably through its Service Provider Program. Unitrends' new program equips hosting, managed services and cloud providers with the agile infrastructure needed to simply and cost-effectively offer onsite and offsite backup and disaster recovery services to their customers. In addition to providing basic backup and disaster recovery services, service providers can now leverage Unitrends' technology to power a full range of high-margin offerings, including Backup-as-a-Service (BaaS), Replication-as-a-Service (RaaS) and Disaster Recovery-as-a-Service (DRaaS).
The powerful combination of Unitrends' partner-friendly subscription licensing, flexible deployment options and heterogeneous data protection enables service providers to drive top- and bottom-line revenue growth, attract new clients, and strengthen customer retention and satisfaction.
Management Team Expansion
In addition to adding 125 employees to its staff this year, Unitrends also made another strategic addition to its management team this quarter. Subo Guha was named the company's vice president of product management and product marketing. In this role, he'll be responsible for defining and implementing Unitrends' product strategy and development, as well as the company's approach to market enablement. Under Guha's leadership, Unitrends will continue to develop cutting-edge solutions that offer heterogeneous data protection at the lowest total cost of ownership in the industry.
Unitrends' explosive growth and innovative technology were recognized by a variety of top-tier awards programs in Q3:
- Inc. 500/5000: Unitrends ranked No. 1427 on this year's Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. Unitrends climbed 842 spots from its 2269 placement on last year's list.
- The American Business Awards/The Stevie® Awards: Unitrends was named a Bronze Stevie Award winner in the "Fastest-Growing Tech Company of the Year - Up to 2,500 Employees" category.
- WindowsNetworking.com's Readers' Choice Awards: Unitrends Enterprise Backup was named a second-runner up in the August Readers' Choice Awards poll focused on backup.
For more information on Unitrends and its enterprise-class data protection solutions for heterogeneous environments, please visit www.unitrends.com.
The trusted provider of all-in-one backup solutions, Unitrends enables its customers to focus on their business instead of backup. The company's family of scalable, all-in-one appliances and software solutions for backup, archiving, instant recovery and disaster recovery protects corporate data, over 100 different versions of servers, operating systems (including Windows, Hyper-V, VMware, Mac OS, Linux, AIX, Solaris and many others), SAN, NAS, hypervisors (including Hyper-V and VMware) and applications (including Exchange, SQL, Oracle and many others). Unitrends is the preferred choice of IT professionals because the company sets the standard in virtual, physical and cloud server data protection with instant recovery that enables complete system recovery in less than five minutes while Unitrends' pricing offers the lowest TCO in the industry. Unitrends' regionally-based support team boasts a 98% customer satisfaction rate. Visit www.unitrends.com.
Jackie Gerbus for Unitrends, Inc.