Zadara Storage Inc. announced a
93% increase in gross profit year-over-year and the appointment of Tim
DaRosa as Chief Marketing Officer. The company's achievements were
driven by new customer wins, the explosive growth of its global partner
and managed service provider network, and favorable market conditions
that have increased the need for flexible enterprise storage solutions.
Zadara
was built to manage the storage of any data type, any protocol and is
available in any location - on-premises, hybrid or cloud. Especially
during times of business uncertainty, flexibility is what sets Zadara
apart as a modern infrastructure solution with the only true 100%-OpEx
model requiring no significant up-front expense or custom IT redesigns
to get started. At any time, Zadara's service provider partners and
customers can scale up, down or hibernate on demand- without any penalty
or hidden fees.
Zadara's growth and momentum includes:
- YoY gross profits - increased by 93%
- 17+ consecutive quarters of recurring revenue growth
- New customer accounts - grew over 100% YoY
- Global partner network - grew over 100% YoY
- Team expansion - grew over 70% YoY
To
support the company's growing global demand, Zadara opened a new office
in Tokyo earlier this year and expanded its coverage footprint by
adding new points-of-presence in South Africa and Turkey via new MSP
partners. The company's partner network now includes more than 300
points of presence globally supported by best-in-class service
providers, including Cyxtera, Sandz, Viatel, CenturyLink, Equinix, NTT,
Verizon, K3 Starcom, among others. In addition, Zadara is available
through public-cloud providers AWS, Microsoft Azure and Google Cloud
Platform.
Zadara
brings to its partner network a true multi-tenant storage solution that
can support varying workloads, like databases, backup, virtual desktop
infrastructure (VDI), multi-cloud, block, file and object, solid state
drives (SSD), and hard disk drives (HDD) - all in a consumption-based
storage solution and fully managed by the company's 24x7 DevOps team.
Increased Need for Flexibility Drives Demand for Storage-as-a-Service
The
new normal ushered in by a distributed global workforce has underscored
the importance of resilient and flexible enterprise technology
infrastructure. As companies' needs continue to evolve - sometimes in
unexpected ways - flexible consumption-based offerings are key to
operating with agility and efficiency.
"STaaS
is a burgeoning market and aligns well with modern trends driving
enterprise infrastructure purchases," said Andrew Smith, Research
Manager, IDC Enterprise Infrastructure Practice. "Zadara is an
established player in the STaaS market, delivering fully-managed storage
services on-premises and in the cloud using a model designed to fulfill
the evolving needs of today's cloud-native infrastructure buyer who
expects flexible capacity and full-service storage solutions all the way
to the application layer."
To learn what analysts are saying, download IDC's Spotlight Report Five Factors Driving Enterprise Storage-as-a-Service.
The company continues to be lauded for its mature, easy-to-use solution. Analysts earlier
this year recognized Zadara as a ‘leader' and ‘fast mover' for its
file-based cloud storage solution, based on a comparison to 13 other
leading solutions.
Zadara Strengthens Executive Team
Marketing
veteran Tim DaRosa joins Zadara as Chief Marketing Officer. An
experienced executive known for his success at fast-paced, high-growth
organizations DaRosa brings a passion for building mission-driven
companies.
"Tim
has a long track record of success in bringing disruptive technologies
to market and I'm delighted to welcome him as Chief Marketing Officer at
Zadara," said Nelson Nahum, CEO and co-founder of Zadara. "Storage
economics are playing a vital role in today's digital transformation and
we are seeing tremendous success as a result. Tim's experience uniquely
positions him for this critical leadership position at Zadara, as we
continue to drive innovation and deliver the solutions our customers and
partners expect."
Most
recently, DaRosa served as SVP of global marketing for HackerOne, where
as an early executive hire he helped to build brand awareness and
go-to-market strategies that propelled the Silicon Valley-based
cybersecurity business to record growth over the past four years.
HackerOne was ranked #5 on Fast Company's 50 Most Innovative Companies in 2020.
"Today,
billions of users with trillions of devices rely on access to real-time
data to power their lives anywhere and everywhere - in the cloud,
on-premises and ultimately at the edge," said DaRosa. "Zadara's
as-a-service model enables enterprises to maximize the value of their
data while reducing the complexity and costs of the infrastructure
behind it. This is an exciting chapter for the Zadara team, our
partners, customers, and shareholders. I couldn't be more excited to
join them for the journey ahead."