Business Wire

ExaGrid Reports Record Bookings in Q4 - 2020

12.1.2021 16:00:00 EET | Business Wire | Press release

Share

ExaGrid®, the industry’s only Tiered Backup Storage solution, today announced that it had a record bookings quarter ending December 31, 2020 and added over 130 new customers in the quarter. The results included a record 41 new customers with initial purchases over six figures.

“Customers have figured out that primary storage disk is too expensive for backup due to long-term retention and that inline deduplication appliances such as Dell EMC Data Domain, HPE StoreOnce and Veritas storage appliances are too slow for backup, too slow for restores, and don’t scale,” said Bill Andrews, CEO and President of ExaGrid. “Customers had to experience the high overall cost of low-cost disk due to longer-term retention or the or the performance impact of inline scale-out deduplication appliances before they could realize that they need a different approach; an approach that offers the best of both worlds: the performance of disk with the storage efficiency deduplication. ExaGrid is the only Tiered Backup Storage in the industry, providing fast backups and fast restores. Its unique scale-out architecture allows for a fixed-length backup window as data grows and eliminates forklift upgrades and product obsolescence, all at the lowest cost up front and over time. The word has spread that ExaGrid is the next generation of backup storage.”

Highlights of Q4-2020:

  • Won 7 industry awards across 3 publications during the quarter
  • A record number of top-line bookings
  • Brought on over 130 new customers
  • Over 40 new customers with a six figure initial purchase order
  • Record sales in the Americas, Latin America and EMEA, with strong sales in Asia Pacific
  • Shipped Retention Time-Lock for Ransomware Recovery (Software Version 6) with the only solution with a non-network-facing tier that has both delayed deletes and immutable objects

“We are replacing low-cost primary storage disk from Dell, HPE, and NTAP behind Commvault and Veeam, as ExaGrid is far less expensive for longer-term retention. We are also consistently replacing Dell EMC Data Domain, HPE StoreOnce and Veritas inline scale-up deduplication appliances,” Andrews said. “ExaGrid sits behind more than 25 backup applications and utilities, and provides the fastest and most cost-efficient backup storage in the industry, and is now the only backup storage solution that can truly provide ransomware recovery with a non-network-facing tier, delayed deletes, and immutable objects.”

Backing up to low-cost disk is fast for backups and restores, however, due to longer-term retention, the amount of disk required becomes extremely expensive. To reduce the amount of disk for long-term retention, deduplication appliances reduce the amount of storage and cost, however the deduplication is performed inline on the way to the disk, which slows down backups to about one-third the performance of disk, and the data is only stored in deduplicated format resulting in extremely slow restores and VM boots as the data has to be reassembled, or rehydrated, for each request. In addition, deduplication appliances are scale-up storage which only add storage capacity as data grows resulting in backup windows that continue to grow as data grows, expensive forklift upgrades and forced product obsolescence.

ExaGrid is different by providing Tiered Backup Storage with a front-end disk-cache Landing Zone, the Performance Tier, which writes data directly to disk for the fastest backups, and restores directly from disk for the fastest restores and VM boots. The long-term retention data is tiered to a deduplicated data repository, the Retention Tier, to reduce the amount of retention storage and resulting cost. This two-tiered approach provides the fastest backup and restore performance with lowest cost storage efficiency.

In addition, ExaGrid provides a scale-out architecture where appliances are simply added as data grows. Each appliance includes processor, memory and network ports, so as data grows, all resources required are available to maintain a fixed-length backup window. This scale-out storage approach eliminates expensive forklift upgrades, and allows for mixing appliances of different sizes and models in the same scale-out system, which eliminates product obsolescence while protecting IT investments up front and over time.

ExaGrid’s unique two-tiered system has a non-networking-facing tier with delayed deletes and immutable objects to protect the backup data, including long-term retention, so that when all the other solutions with network-facing backup storage are deleted, the delayed deletes in ExaGrid’s second tier allow organizations to still recover the primary storage after a ransomware attack.

About ExaGrid

ExaGrid provides Tiered Backup Storage with a unique disk-cache Landing Zone, long-term retention repository, and scale-out architecture. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The retention repository offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and product obsolescence. ExaGrid offers the only two-tiered backup storage approach with a non-network facing tier, delayed deletes, and immutable objects to recover from ransomware attacks. Visit us at exagrid.com or connect with us on LinkedIn. See what our customers have to say about their own ExaGrid experiences and learn why they now spend significantly less time on backup in our customer success stories.

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

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Media:
Mary Domenichelli
ExaGrid
mdomenichelli@exagrid.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Abbove strengthens its banking position with the deployment of its platform at ING in Belgium11.6.2026 07:10:00 EEST | Press release

Belgian WealthTech Abbove announces the deployment of its wealth planning platform at ING Belgium. The bank is making a new digital wealth planning experience, ING Financial Compass, available to its Personal Banking and Private Banking clients, built on Abbove technology and specially adapted to its advisory model. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260610237679/en/ ING Belgium trusts Abbove's technology This collaboration marks a new step in Abbove's development among European financial institutions and reflects how the expectations of banks and their clients are shifting towards a more global approach to wealth guidance. A platform configured for ING Belgium's specific needs While ING Financial Compass is built on Abbove's technological foundation, the solution has been configured to meet the specific needs of ING Belgium, its advisors and its clients. The client journeys, advisory methodologies and wealth obj

Clip Launches Mi Clip, a Digital Wallet Ecosystem, by Partnering with Ant International, Mastercard and Televisa-Univision11.6.2026 07:01:00 EEST | Press release

Clip, Mexico’s premier financial ecosystem, announced today the launching of Mi Clip, a digital wallet ecosystem designed to accelerate the adoption of digital payments, drive acceptance across merchants and consumers nationwide, and expand access to formal financial services for millions of Mexicans. Mi Clip is supported by commercial and technological solutions from Clip’s payment platform, Ant International’s AI technology, Mastercard’s trusted global payments network and Televisa-Univision’s media outreach. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260610247747/en/ Through the initiative, users will be able to access digital wallet accounts that support everyday payments, financial services, and inclusive credit solutions. The wallet is also designed to provide a formal financial identity. Connecting global financial technology expertise with unmatched local reach, Mi Clip aims to help drive Mexico’s digital economy

MTN Group Fintech Advances Digital Transformation Through Strategic Technology Partnership11.6.2026 05:00:00 EEST | Press release

MTN Group Fintech has entered into a strategic partnership with Ant International, a leading global digital payment, digitisation and financial technology provider, to accelerate the transformation of its mobile money ecosystem. The partnership, which is expected to launch in Nigeria next quarter, will introduce a super-app platform designed to enhance user experience, deepen digital inclusion and enable a next-generation ecosystem for digital finance, lifestyle and commerce services around MoMo. By leveraging Ant International’s advanced technology, MTN is evolving MoMo to enable stronger ecosystem integration through a mini app platform, enhanced fraud prevention and richer engagement features for consumers and merchants. The partnership represents a major step in building a more resilient and future-ready digital ecosystem. “This partnership aligns with MTN Group’s ambition of leading digital solutions for Africa’s progress by leveraging scale, technology and strong global partnersh

TestMu AI Announces Day-Zero Support for macOS Golden Gate and iOS 27 Beta Following WWDC 202610.6.2026 22:52:00 EEST | Press release

TestMu AI (formerly LambdaTest), the world's first full-stack Agentic AI Quality Engineering platform, today announced day-zero support for Apple's newly unveiled operating systems, macOS Golden Gate and iOS 27 Beta, across its cloud testing platform. Announced at Apple's Worldwide Developers Conference (WWDC) 2026, macOS Golden Gate and iOS 27 introduce significant platform updates that will impact application compatibility, user experience, and performance. Both operating systems are now available for testing on TestMu AI, the same day Apple released its beta versions, allowing engineering teams to identify issues months before the stable rollout reaches millions of users worldwide. macOS Golden Gate is available through the TestMu AI Real Time Testing platform, while iOS 27 Beta is available on TestMu AI Real Device Cloud across the latest iPhones and iPads. "WWDC marks the start of a critical testing window for every team that ships on Apple platforms," said Mudit Singh, Co-Founder

Pure Lithium Corporation Named World Economic Forum Technology Pioneer10.6.2026 21:10:00 EEST | Press release

Pure Lithium Corporation, a disruptive lithium metal battery technology company, is pleased to announce that the company has been selected as a 2026 Technology Pioneer by the World Economic Forum. Launched in 2000, the Technology Pioneers is a leading community for companies from around the world that are shaping the future through breakthrough technologies and innovations. These companies are selected for their potential to have a significant impact on business and society and are invited to engage with public and private sector leaders through the World Economic Forum’s global platform. “We are delighted to be selected as a World Economic Forum Technology Pioneer. I would like to express my gratitude to the World Economic Forum for this honor,” said Pure Lithium Founder, Chairman and CEO, Emilie Bodoin. “Pure Lithium’s selection is a testament to our breakthrough lithium metal battery technology. We are constantly reminded of the urgent need for a battery that is more energy efficien

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye