News Feed Item

ExaGrid Momentum Continues with Double-Digit Growth and Cash Positive Status

'Best at Disk-based Backup' Leader Grows 10 Percent Over Q3-13 and Turns Cash Positive Innovation, Industry Recognition, Unique Scale-out Architecture, and Commitments to Customers Define Year for ExaGrid

WESTBOROUGH, Mass., Jan. 7, 2014 /PRNewswire/ -- Building products to solve the backup problem, ExaGrid Systems announced today that it grew 10 percent from Q3-13 to Q4-13. The company also announced that is has turned cash positive and will be cash positive from this point moving forward. The company consistently ranked 'best at disk-based backup with deduplication' by leading experts is positioned for a breakout year in 2014.

(Logo: http://photos.prnewswire.com/prnh/20130821/NE67072LOGO-b)

ExaGrid, which roots its success in addressing customers' needs and providing solutions to their data backup challenges, has led the disk-based backup market by replacing and removing all the challenges of tape backup. ExaGrid is the only solution that permanently fixes the backup window and also offers the industry's fastest restores. 

Making waves throughout 2013, ExaGrid:

  • Surpassed  1,850 customers
  • Launched its most robust appliance that can scale to 210 terabytes in a single GRID
  • Became the industry's first tech company to have over 300 published customer success stories
  • Was awarded two new patents
  • Won four "best product" awards, achieved finalist status in four additional competitions, and earned top spots in analyst reports from three independent firms

"ExaGrid achieved a number of great milestones in 2013," said Bill Andrews, CEO of ExaGrid. "ExaGrid has the first and only product in the category of scale-out disk-based backup with data deduplication. Customers increasingly understand the need to add compute with capacity, as backup and deduplication are both compute-intensive processes. ExaGrid is the only company 100 percent focused on disk-based backup with deduplication and continues to push the envelope as a technology leader and also an industry thought leader."

A Year of Technological Innovation
In October, the company launched its latest appliance, the EX21000E. The new appliance scales to 210 terabytes in a single GRID system and provides up to 400 percent more throughput than its closest competitor. No other backup architecture can match this performance because only ExaGrid solves the compute problems associated with deduplication. ExaGrid is the only disk-based backup solution that permanently fixes the backup window as data grows.

ExaGrid's scale-out grid architecture and compute with capacity model, allows the company's appliances to execute computationally-intensive deduplication functions in parallel across all appliances in a customer's multi-appliance configuration. In addition, ExaGrid's unique landing zone ensures that the most recent backup data can be quickly restored or copied to offsite tape without having to rehydrate the data. With the advent of virtualization, ExaGrid's landing zone can maintain a full copy of a VM. In the event of a failure the VM can be booted directly from the ExaGrid system resulting in an instant recovery. This is another industry exclusive capability.

Praise from the Experts
Accruing four "product of the year" awards, four additional award "shortlist" recognitions, and dominating industry reports, analysts and industry experts alike have consistently recognized the value ExaGrid solutions delivered over the year. In each of these assessments, ExaGrid was pitted against chief rival EMC Data Domain, which requires expensive forklift upgrades once customers hit the data ceiling of the appliance, as well as slow restores since all data is deduplicated or de-hydrated.

2013 awards included:

Shortlisted categories at awards included:

  • "Backup and Recovery / Archive Product of the Year" at the Annual SVC Awards
  • Storage Magazine "One to Watch" Award – Product
  • Storage Magazine "One to Watch" Award – Company
  • Storage Magazine "Value for Money" Award

Report distinctions included:

  • "Best-in-Class" for solutions under $50k and $100k by DCIG
  • Earned 99 of 100 points in Info-Tech Vendor Landscape: Disk Backup report
  • ESG Lab Report - validation of the effective instant VM recovery capabilities of ExaGrid's system when used with Veeam's virtual data protection solution

About ExaGrid Systems, Inc.
More than 1,850 customers worldwide depend on ExaGrid Systems to solve their backup problems, effectively and permanently. ExaGrid's disk based, scale-out GRID architecture constantly adjusts to incessant growing data backup demands, and is the only solution that combines compute with capacity to permanently shorten backup windows and eliminate expensive forklift upgrades. ExaGrid is also the only solution to offer a landing zone retaining the most recent backups in their full un-deduplicated format for fast restores, fast offsite tape copies, and fast instant recoveries. Read through more than 300 published customer success stories and learn more at www.exagrid.com.  

ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.

For more information, please contact:

Dana Prestigiacomo
ExaGrid Systems, Inc.
(508) 898-2872 x566
[email protected]

Rachel Adam
Corporate Ink for ExaGrid Systems
(617) 969-9192
[email protected]


SOURCE ExaGrid Systems, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Rapid innovation, changing business landscapes, and new IT demands force businesses to make changes quickly. In the eyes of many, containers are at the brink of becoming a pervasive technology in enterprise IT to accelerate application delivery. In this presentation, you'll learn about the: The transformation of IT to a DevOps, microservices, and container-based architecture What are containers and how DevOps practices can operate in a container-based environment A demonstration of how Docke...
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
President Obama recently announced the launch of a new national awareness campaign to "encourage more Americans to move beyond passwords – adding an extra layer of security like a fingerprint or codes sent to your cellphone." The shift from single passwords to multi-factor authentication couldn’t be timelier or more strategic. This session will focus on why passwords alone are no longer effective, and why the time to act is now. In his session at 19th Cloud Expo, Chris Webber, security strateg...
November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Penta Security is a leading vendor for data security solutions, including its encryption solution, D’Amo. By using FPE technology, D’Amo allows for the implementation of encryption technology to sensitive data fields without modification to schema in the database environment. With businesses having their data become increasingly more complicated in their mission-critical applications (such as ERP, CRM, HRM), continued ...
In the 21st century, security on the Internet has become one of the most important issues. We hear more and more about cyber-attacks on the websites of large corporations, banks and even small businesses. When online we’re concerned not only for our own safety but also our privacy. We have to know that hackers usually start their preparation by investigating the private information of admins – the habits, interests, visited websites and so on. On the other hand, our own security is in danger bec...
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessi...
In his general session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, discussed cloud as a ‘better data center’ and how it adds new capacity (faster) and improves application availability (redundancy). The cloud is a ‘Dynamic Tool for Dynamic Apps’ and resource allocation is an integral part of your application architecture, so use only the resources you need and allocate /de-allocate resources on the fly.
SYS-CON Events announced today that Cloudbric, a leading website security provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Cloudbric is an elite full service website protection solution specifically designed for IT novices, entrepreneurs, and small and medium businesses. First launched in 2015, Cloudbric is based on the enterprise level Web Application Firewall by Penta Security Sys...
SYS-CON Events announced today that Impiger Technologies will exhibit in Booth #109 at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Impiger Technologies is a world-class, enterprise software product engineering company specializing in Mobile Application Development, Cloud Applications, Microsoft Technology Solutions, Web Technology and Telecom Services. Impiger Technologies helps enterprises improve busi...
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Service consists of a public key service and a private key escrow service. 

Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
SYS-CON Events announced today that Cemware will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Use MATLAB functions by just visiting website mathfreeon.com. MATLAB compatible, freely usable, online platform services. As of October 2016, 80,000 users from 180 countries are enjoying our platform service.
SYS-CON Events announced today that MathFreeOn will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MathFreeOn is Software as a Service (SaaS) used in Engineering and Math education. Write scripts and solve math problems online. MathFreeOn provides online courses for beginners or amateurs who have difficulties in writing scripts. In accordance with various mathematical topics, there are more tha...
Digitization is driving a fundamental change in society that is transforming the way businesses work with their customers, their supply chains and their people. Digital transformation leverages DevOps best practices, such as Agile Parallel Development, Continuous Delivery and Agile Operations to capitalize on opportunities and create competitive differentiation in the application economy. However, information security has been notably absent from the DevOps movement. Speed doesn’t have to negat...