Virtualization Technology News and Information
Pivot3 Named to JMP Securities Fast 50 List of Hottest Privately Held Internet Security, Networking and Storage Companies

Pivot3, a pioneer and innovator in the development of dynamic hyperconverged infrastructure (HCI) solutions, today announced it has been named one of the “Fast 50” hottest privately held internet security, networking and storage companies by JMP Securities, a full-service investment bank.

The Fast 50 report identifies the hottest, most strategically positioned private companies in the cybersecurity and networking spaces. The Fast 50 companies are harnessing innovation and key competitive advantages to disrupt and dominate their respective markets.

Pivot3 delivers solutions that uniquely address the critical data center challenges of agility and cost as organizations move to the software-defined data center of the future. In February 2016, Pivot3 acquired NexGen Storage, a leading provider of PCIe flash arrays with storage Quality of Service (QoS) and dynamic provisioning capabilities. Pivot3 and NexGen’s combined capabilities allow customers to apply the right infrastructure and priority to each workload, application or business service according to its business value and to guarantee the appropriate level of service. With the combined technologies, Pivot3 is able to expand the use cases served by HCI with an improved technology architecture over other HCI vendors. This is the only solution of its kind in the industry.

“Being recognized by JMP Securities as a Fast 50 company reflects our explosive growth and the incredible market momentum we are experiencing as a leader in dynamic hyperconverged infrastructure,” said Ron Nash, CEO of Pivot3. “We have the best technology across HCI and flash storage which gives us an unprecedented opportunity to leap frog the existing competition.”

Achieving a place on the Fast 50 list comes on the heels of another big highlight for Pivot3. The company recently announced a $55 million equity and bank financing which will accelerate the company’s growth and enable it to bring to market the most extensive and highest performing suite of hyperconverged solutions.

Published Thursday, March 24, 2016 9:39 AM by David Marshall
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