Nasuni Delivers Record Growth, Increasing New Customer Bookings by Nearly 300% in 2014

Enhances Executive Team with Appointment of Scott Dussault as COO and CFO

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Jan 21, 2015, 08:55 ET

NATICK, Mass., Jan. 21, 2015 /PRNewswire/ -- Nasuni^®, a provider of enterprise storage to global organizations, today announced record results in 2014, increasing bookings from new customers by nearly 300% and more than doubling the number of new customers signed during the year. During 2014, Nasuni also significantly expanded its business with existing customers. The strong momentum with both new and existing customers resulted in a 135% increase in total committed contract value in 2014.

2014 financial and operational highlights include:

New customer contract bookings grew by nearly 300% year-over-year
Data under management increased by more than 250%
Global expansion continued with deployments in 36 countries across Europe, Asia and the Americas

Nasuni's dramatic growth is being driven by the increasingly complex data storage requirements of enterprise organizations. Data, which is growing at an exponential rate, needs to be stored, accessed and protected across globally distributed organizations. Nasuni's cloud solution is proven to meet the most rigorous enterprise data storage requirements, including scalability, security and performance. The Nasuni Service also reduces the cost and complexity of data storage by providing consolidated storage, centralized management, and enterprise-wide visibility of globally distributed environments.

"Our extraordinary momentum and record results demonstrate that enterprise organizations increasingly recognize that we provide unparalleled control over and access to their most valuable asset – file data," said Andres Rodriguez, CEO of Nasuni. "The power of our solution lies in our cloud architecture that delivers local performance, simplified management, and infinite scalability. The benefits of the Nasuni Service cannot be replicated with traditional storage environments."

Scott Dussault Joins Nasuni as COO and CFO
To help Nasuni execute its aggressive growth strategy, the company also announced that Scott Dussault has joined its executive team as COO and CFO. Mr. Dussault is responsible for product strategy, support, professional services, finance, accounting, legal, and information technology. Mr. Dussault brings to Nasuni more than 20 years of experience scaling and growing technology companies, including most recently Demandware, Inc. (NYSE: DWRE), the industry-leading provider of enterprise cloud commerce solutions.

Prior to Demandware, Dussault served for two and half years as CFO at Archivas, a storage company also founded by Nasuni's founders: CEO, Andres Rodriguez, and President, Rob Mason. Dussault helped lead Archivas to a successful acquisition by Hitachi Data Systems.

"I know first-hand that the cloud is gaining momentum for mission-critical applications from e-commerce to storage," said Dussault. "Andres and Rob are visionaries. They have built ground-breaking cloud storage technology that is unparalleled in the industry. Nasuni's solution increases control and flexibility while lowering the total cost of ownership and complexity of distributed enterprise storage. We have a tremendous opportunity to be the next major disruptive cloud technology in the multi-billion dollar storage market. I am excited to be joining the talented Nasuni team and to help them execute their ambitious growth strategy."

"Scott is a great addition to Nasuni," said Rodriguez. "The pace of our growth is accelerating. We knew the time was right to add a professional with extensive experience managing and scaling technology companies. Having worked with Scott before, I knew he was the ideal candidate to help us execute our strategy to drive transformational change in IT through a unified storage platform in the cloud. Based on our strong momentum signing new enterprise customers and expanding our business with existing customers in 2014, we are in a great position to have another record breaking year in 2015 and I couldn't be happier to have Scott on board to help us manage that growth."

From 2007 through 2013, Mr. Dussault served as CFO for Demandware, Inc. (NYSE: DWRE), a leading enterprise cloud e-commerce platform company. Under Mr. Dussault's leadership, Demandware grew from $7.5 million in total revenue, 23 customers and 120 employees in 2008 to greater than $100 million in revenue, over 200 customers and more than 350 employees today. In addition, Mr. Dussault played an important role in two rounds of private funding and two public equity offerings for Demandware including its initial public offering.

Prior to Demandware and Archivas, Mr. Dussault was the CFO of Astra Tech and CFO of StorageNetworks, a publicly traded data storage software and services company.

About Nasuni
Nasuni is an enterprise storage company that provides global organizations with a simple, unified storage service. By combining on-premises hardware with cloud storage, Nasuni delivers a secure, all-in-one data storage solution that provides local performance for users, simplified and centralized management for IT, and an easily scalable, complete storage service for the global enterprise. Nasuni is privately held and based in Natick, Mass. For more information, visit www.nasuni.com.

Social Media Links
Twitter: www.twitter.com/nasuni
LinkedIn: https://www.linkedin.com/company/nasuni
The Nasuni Cloud Storage Blog: http://www.nasuni.com/blog

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For more information, contact:

Jeff Miller	Wayne St. Amand
PR Manager	Vice President of Marketing
Davies Murphy Group	Nasuni
541.207.3461	617-733-7784
[email protected]	[email protected]