Nimble Storage at $100 million Run Rate in Bookings

This is a Press Release edited by StorageNewsletter.com on Tue, February 12th, 2013

In 4Q ended January 31, 2013

Nimble Storage, Inc. surpassed a $100 million run rate in bookings in the fourth quarter of its fiscal year ending January 31, 2013, after just two-and-a-half years of commercially shipping its products.

In addition to achieving annual sales growth of over 400%, Nimble has quadrupled its number of customers, surpassing the 1,100 mark, and has shipped more than 2,000 systems to date.

The company also has increased its global reach by expanding its presence in Europe and entering the AsiaPac region with a presence in Australia and Singapore.

Products
Nimble Storage has developed an integrated flash-optimized storage architecture designed to leverage the best of flash performance and the price/capacity of high-capacity HDDs. Scale-to-fit technology, built on the Cache Accelerated Sequential Layout (CASL) architecture, provides customers efficiency for managing their storage performance, capacity and scalability.

During the last year, Nimble Storage expanded its product line, added technology innovations and increased its industry partnerships.

Products

  • With more than 2,000 storage arrays shipped to date, has demonstrated the demand for hybrid storage technology.
  • Shipped over 10PB of hybrid flash storage in the last quarter.
  • The CS400 was brought to market to provide a performance storage array designed to host enterprises’ most demanding applications and workloads; it is capable of supporting hundreds of VMs or thousands of VDI users on each array.
  • Delivered the scale-to-fit architecture, which allows customers to protect their investment by enabling them to scale capacity by adding additional storage shelves, to scale performance by upgrading the compute function to achieve greater throughput and IOPS, and to expand cache with larger SSDs to handle more active data. Scale-to-fit provides customers with flexibility to scale capacity and/or performance at the lowest incremental cost.

To read the full article click: http://www.storagenewsletter.com/news/business/nimble-storage-100-million-run-rate-bookings