BOULDER, CO--(Marketwired - February 23, 2015) - SolidFire, the #1 Solid-State Array, today announced that it closed out the year with an average 50 percent increase in sequential quarterly bookings in 2014, while its Enterprise business grew 570 percent over the previous year. Enterprise customers represented over 50 percent of bookings in Q4, while the Service Provider segment also continued to grow rapidly.
The company grew its Cloud Builder reseller channel to over 100 partners in 2014, driving channel contribution to over 60 percent of total bookings with key Enterprise wins from Endicia, ezVerify, Gearbox Software, The Leavitt Group and Wagner Equipment Co. Over 90 percent of total Enterprise bookings for the year involved a Cloud Builder channel partner, highlighting SolidFire's strong channel-centric growth strategy.
SolidFire continues its leadership position with Service Providers by more than doubling the number of businesses leveraging service provider infrastructure. Now, an estimated 58,000 businesses worldwide are Fueled by SolidFire storage infrastructure, with SolidFire adding several new service provider customers including Lunacloud, HOSTING, Hosted Network, Immedion, Rackforce and Richard Fleischman & Associates (RFA) in the last quarter alone.
"SolidFire exceeded all expectations in 2014," commented SolidFire's Founder and CEO, Dave Wright. "We have seen demand for large-scale flash infrastructure accelerate pace not only here within North America, but across EMEA and APJ as well. SolidFire's storage platform doesn't stop at helping customers meet immediate performance challenges. We enable storage to be the most transformative element within customers' datacenter infrastructure, helping them drive greater automation and scale across their businesses. As we look forward in 2015, SolidFire plans to continue expanding our market reach with unique storage solutions aligned to the many different ways that customers are consuming storage infrastructure now and in the future."
As SolidFire continued to prove itself in the world's most demanding data centers throughout 2014, it also:
- Secured $82 million in Series D funding, bringing total funding to $150 million.
- Received the highest product score for overall use case in Gartner's 2014 Critical Capabilities for Solid-State Arrays¹ (3.43 out of 5) and was recognized as a Visionary in Gartner's 2014 Magic Quadrant for Solid-State Arrays.²
- Shipped the 3rd generation of SolidFire's flagship SF Series product line and 7th major Element OS software release.
- Shipped storage systems to more than 20 countries.
- Doubled its employee base to over 300 people worldwide.
Throughout 2014, customers continued to take advantage of SolidFire's fine-grain Quality of Service (QoS) control to support a broadening set of Tier 1 and Tier 2 applications. In a recent TechValidate survey, customers identified Quality of Service (QoS), Scale-Out architecture and In-line Data Reduction as key features driving their decision to purchase and deploy SolidFire. Additional surveys showed that over 80 percent of Enterprise and Service Provider customers have seen end-user satisfaction improve as a result of implementing SolidFire's all-flash platform.
On Wednesday, February 25, SolidFire will host over 50 influencers from around the world at its second-annual Analyst Day. This invitation-only event is designed to bring together key industry analysts, customers, partners and financial analysts for an insider's look at how SolidFire accelerates the transition to the Next Generation Data Center. Visit our Press Release page at 12PM EST this Wednesday to read the announcements that will be unveiled at the event.
SolidFire is the market leader in all-flash storage systems built for the next generation data center. Leveraging SolidFire's all-flash architecture, with volume-level Quality of Service (QoS) controls, customers now can guarantee storage performance to thousands of applications within a shared infrastructure. Coupling this functionality with in-line data reduction techniques and system-wide automation results in substantial capital and operating cost savings relative to traditional disk and basic all-flash storage systems.
¹Gartner Critical Capabilities for Solid-State Arrays, Valdis Filks, Joseph Unsworth, Arun Chandrasekaran, 29 August 2014
²Gartner Magic Quadrant for Solid-State Arrays, Valdis Filks, Joseph Unsworth, Arun Chandrasekaran, 28 August 2014