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Growing Demand for Secure Cloud Storage Drives 50% Average Monthly Revenue Growth for SoftNAS in H1 of 2014

Provider of the Best-Selling NAS in the Cloud Adds Several Fortune 500 Customers, Releases Major Software Update and Announces Program for Managed Hosting Providers

HOUSTON, TX -- (Marketwired) -- 08/19/14 -- SoftNAS™, the #1 Best-Selling NAS in the Cloud, today announced that it has achieved 50 percent average sustained revenue growth per month during the first half of 2014. The company has grown its customer base to nearly 250 enterprise organizations across 12 countries, including several Fortune 500 companies such as Coca-Cola, GE Oil and Gas, and Netflix.

UBS AG surveyed 101 CIOs in the U.S. and Europe and found that more than half will gradually move some critical data to a public cloud; a third of respondents plan to move to a public cloud as quickly as possible.

"The tectonic plates of the datacenter are shifting," said Simon Robinson, research vice president, 451 Research. "While the adoption of cloud-based IT has been largely experimental to this point, the infrastructure and tools that enable cloud storage and infrastructure-as-a-service are maturing rapidly. Our research suggests that this is leading enterprises to increasingly turn to public, private and hybrid clouds for their mission-critical data and applications."

SoftNAS has seen increased customer demand from enterprises across multiple industry verticals, particularly those in data-intensive fields such as video production/editing/storage, publishing and government. In the first half of the year, companies including McGraw Hill, Purdue University, TheStreet.com, and the University of California Irvine have selected SoftNAS to protect their mission-critical data in the cloud.

"The biggest fear that enterprises have today is to lose control of their data, and SoftNAS is uniquely able to offer a no-compromise safety net that ensures non-stop business operations," said SoftNAS CEO and founder Rick Braddy. "Our customers depend on SoftNAS to ensure their data is safe and available 100 percent of the time, and our tremendous growth this year underscores that trust."

Product innovation and functionality

The company has released Version 3 of its SoftNAS Cloud/Enterprise™ product, an upgrade that incorporates features designed for ease-of-use, performance enhancement and data protection.

Version 3 includes:

  • SoftNAS Cloud/Enterprise™ -- All SoftNAS Filer features, and includes the SoftNAS Unlimited Data Plan for up to 16 petabytes of NAS Filer storage management. Includes SNAP HA® automatic failover
  • Up to 300 percent performance improvement with latest Linux kernel and ZFS on Linux updates, provides more IOPS and throughput for I/O intensive workloads
  • Active Directory Integration Wizard -- configures active directory in seven mouse clicks, providing simple, easy configuration and integration with Active Directory for granular access control using Windows ACLs
  • Administrator Applet for StorageCenter™ -- configure monitoring thresholds, email notifications, login session timeout, logging levels and other settings
  • SAMBA v 4.1 with SMB3 protocol support for faster I/O and Windows 7/8 compatibility
  • New NFS Version 4 UI module simplifies NFS configuration and set up
  • vCloud Hybrid Service support
  • CentOS 6.5 updates to latest operating system version and security updates

Corporate initiatives and growth

Additionally, SoftNAS has created a program that enables managed hosting providers to leverage their existing investments in VMware infrastructure to offer multi-tenant NAS filers, such as SoftNAS, to their customers.

The company has also created a board of advisors to provide counsel on corporate strategy and direction. Members include Roger A. Ramsey, managing partner of Ramjet Capital Ltd; Scott Herren, SVP of finance for of CITRIX Systems; and Pete Jarvis, vice president of strategy at Tidal Scale.

To meet its growing customer demand, SoftNAS is actively recruiting for positions in engineering, marketing and sales.

About SoftNAS
SoftNAS LLC is a leading storage software company that provides agile storage software that protects mission-critical data in the cloud. SoftNAS believes that storage can be both powerful and frictionless, providing customers with the enterprise-grade NAS storage capabilities required to safely and reliably operate mission-critical IT systems and applications in the cloud. SoftNAS supports the most popular private, public and hybrid cloud computing platforms, including Amazon AWS®, Microsoft Hyper-V® and VMware®. Learn more at www.softnas.com

Beth Mayer
Octave Communications for SoftNAS
206.579.1512
Email Contact

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