Kaminario,
a leading cloud storage software company,
today announced the company grew its topline software business more than 55
percent during the first nine months of 2018, relative to the same time
period in 2017. In addition, the company has been operating with
positive cash flow for the quarter ending Sept. 30. Kaminario also
announced that it received a strategic investment from Western Digital Capital,
the strategic investment fund of Western Digital Corp.
Kaminario's operating efficiency has been aided by the company's adoption
of a software-based business model that leverages a unique partnership with
Tech Data, the world's leading
end-to-end distributor of technology products, services and solutions.
Kaminario's strong growth reflects its success in expanding its business with
cloud scale datacenter operators, including software-as-a-service, consumer
internet, and cloud service providers.
"Kaminario
has committed to a software business model and to transforming its go-to-market
strategy with innovative partnerships that help us accelerate growth, while
containing cost," said Dani Golan, founder and CEO, Kaminario. "Reaching
cash-flow positive is a milestone for Kaminario and will give us the ability to
chart our own strategic path, while continuing to deliver unique value to our
customers and partners."
Building on
a successful technology collaboration with Western Digital, Kaminario announced
it has closed a strategic investment from Western Digital Capital. In August,
both Western
Digital and Kaminario
unveiled complementary visions for delivering software composable
infrastructure (SCI) solutions for the modern cloud-scale datacenter. Kaminario has certified Western Digital's
Ultrastar® NVMeTM and SAS storage platforms for its software-defined cloud
storage offerings.
"Kaminario's vision for
delivering highly flexible, composable storage solutions on NVMe/NVMf hardware
aligns closely with Western Digital's composable infrastructure strategy," said
Mark Long, president, Western Digital Capital. "Western Digital's OpenFlex
architecture and products enable the independent scaling of compute, storage
and network resources and advanced orchestration through an open API. We look
forward to working with Kaminario to advance SCI and software-defined solutions
that improve scalability, flexibility and cost efficiency for cloud-scale data
center customers."
Kaminario's
software defined cloud storage solutions are delivered in conjunction with
certified, industry-standard hardware stack available, on-demand, from Tech
Data. This approach delivers the flexibility and cost-efficiency of a
software-defined storage solution with the technology capability of world-class
solid state storage. Kaminario was recently ranked
the highest for analytics and high performance computing in the 2018
Gartner Critical Capabilities report and was recognized
as a leader in the 2018 Magic Quadrant for solid-state arrays.
"Tech Data
and Kaminario are revolutionizing the way software-defined datacenter solutions
build a highly efficient path to market," said John O'Shea, senior vice
president, Global Lifecycle Management Services, Tech Data. "Our relationship
allows Kaminario to focus on its core intellectual property while we provide
all of the lifecycle management services that get their solution into the field
and into production for customers."
"In the
modern digital economy, effective IT is a differentiator, one that can
determine market winners and losers. Architecting the right foundation to
deliver modern IT services requires an efficient hybrid cloud strategy bridges
both public cloud solutions and modern cloud-scale datacenters. To this end,
Kaminario is focusing on delivering the optimized hyperscale infrastructure
required by modern IT with the control, performance of all-flash SAN and the
flexibility of software-defined storage." - Scott Sinclair, senior analyst, ESG