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CTERA Continues Sharp Growth Trajectory in 2021 as Organizations Transition to the Cloud while Accelerating Data Management at the Edge
CTERA, the distributed cloud file storage leader, announced record results for 2021, led by increasing demand for its multi-cloud global file system. CTERA grew the annual recurring revenue for its edge-to-cloud solutions by 43% in 2021 as new and existing customers learned to deal with post-pandemic work environments. For data-driven enterprises, managing the continued growth of unstructured data has led to transitions from legacy data center-focused storage environments to providing fast data access closer to where the users are - at the edge.

New customer acquisition occurred in several key markets, including the U.S. Federal Government, which grew over 300%, with significant wins with organizations such as the Veterans Affairs and the U.S. Air Force. 

"CTERA has created a compelling solution that enables organizations of all sizes to build next-generation file-service infrastructures that can replace traditional network attached storage environments," said Enrico Signoretti, Research Product Manager, GigaOm. "CTERA's attention to multi-tenancy and security issues drove its success in large enterprises, regulated industries, and public administrations. At the same time, CTERA's platform can start with a minimal configuration that is appealing to medium-sized organizations, and smaller ones can take advantage of the product in a SaaS fashion through many service providers across the globe that adopted the solution for their customers."

Additional 2021 highlights include:
  • CTERA recreates the HQ at the home office - with the introduction of the CTERA Edge HC100 and CTERA Drive Connect Agent to help organizations deal with the new normal of working remotely or from home. It gives corporate users the power to access, share and back up files using a modern collaboration interface. The desktop and mobile apps enable secure file sync and endpoint backup from any device, anywhere.
  • CTERA continued to grow its strategic partnerships - awarded HPE 2021 Edge-to-Cloud Partner of the Year, launched a new IBM Marketplace offering enabling customers and partners to easily deploy the CTERA environment with a few clicks, and announced a new partnership with Varonis to provide data classification, log processing, and auditing capabilities to defend sensitive data from theft, leakage, and loss.
  • CTERA expands its leadership team - Donald Wales joined the executive leadership team as senior vice president of North America sales. He is an industry veteran who brings over thirty years of storage and channel expertise. He has held executive leadership roles at companies such as EMC, IBM, Zerto, Robin.io, StorageTek, Brocade, and Veritas.

"2021 was a year of expanding our reach into existing markets and earning the trust and reputation for secure offerings in distributed file storage for whole sectors. Today, as security breaches are more the norm than the exception, it is a corporate imperative to provide the most secure and credentialed platforms possible," said Liran Eshel, Founder & CEO of CTERA. "We have doubled down to ensure we meet the most stringent requirements for security designation, and this stance has powered our customer growth over the past year. We look forward to 2022 and supporting enterprises that require scalability, flexibility and security more than ever before."

Learn more about CTERA's multi-cloud global file system and how IT infrastructure modernization can result in massive organizational cost reductions.

Published Tuesday, February 15, 2022 8:24 AM by David Marshall
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