SANTA CLARA, Calif. – May 31, 2023 — / BackupReview.info / — Alcion, a modern data management startup, today announced $8M in seed funding from prominent angel investors, and the public preview of its AI-driven Backup-as-a-Service (BaaS) platform. Developed with a product-led and community-driven focus, Alcion provides Microsoft 365 admins with an easy-to-use, intelligent, and secure SaaS platform to protect against ransomware, malware, corruption, and accidental data loss.
Alcion was founded by Niraj Tolia and Vaibhav Kamra, two serial entrepreneurs with deep domain expertise in data protection. They previously founded Kasten, the leading and award-winning Kubernetes backup company that was acquired by Veeam in 2020.
“We are thrilled to announce our market entry with a fully-managed AI-driven backup service for Microsoft 365 users,” said Niraj Tolia, CEO and co-founder. “This significant round of funding allows us to exit stealth mode, take our modern BaaS product to market, expand our community, and accelerate product development.”
Alcion provides comprehensive data protection using a modern and security-focused architecture that includes predictive Recovery Point Objective (RPO) reduction, integrated threat detection, and response algorithms. The high-value and increasing amounts of business-critical data stored in Microsoft 365 makes it a prime target for both internal and external malicious actors, including new classes of ransomware. While Microsoft ensures the reliability and availability of Microsoft 365 infrastructure, it does not protect against cases in which cyberattacks or accidents lead to data loss. Traditional Microsoft 365 backup solutions are often totally unaware of ongoing security threats, are limited to reactive action, and haven’t been designed with today’s threat environments in mind. Alcion directly addresses these challenges through its threat detection, automated responses, intelligent backup scheduling and default delete protection offerings.
“When it came to finding a backup solution for our Microsoft 365 data, ease of use was a top requirement,” said Bryan Whiting, CTO, Milestone Financial Engineering. “In fact, the complexity of setup and time investment required by other Microsoft 365 backup products had been a barrier to adoption at Milestone Financial Engineers. Alcion’s simplicity made setup a breeze and, without ever reading the documentation or undergoing training, we went from setup to backing up all our data in under 10 minutes!”
“Preventing downtime due to malicious intent has been top-of-mind for us,” said Ryan Elliot, VP of Client Solutions at K?STA I.T. “Alcion has allowed us to protect our critical business data from both potential internal threats and external cyber threats such as malware and ransomware.”
Leveraging community-driven product development and based on Corso, Alcion’s popular open-source project for Microsoft 365 backup, Alcion’s BaaS platform provides easy-to-use comprehensive backup and restore workflows, enabling reliable and fault-tolerant backups. Additionally, the Alcion BaaS solution supports XDR integration (e.g., 365 Defender) for proactive backups, includes ransomware detection, supports intelligent backup scheduling to reduce RPO, and more.
Alcion’s seed round was driven by several prominent angels including Lip-Bu Tan, Chairman of Walden International and Intel Board Member, Abhinav Asthana, CEO and founder of Postman, Debanjan Saha, CEO of DataRobot, and Amarjit Gill, serial entrepreneur and investor at Nepenthe Capital.
“Niraj and Vaibhav have a finger on the pulse of the solutions that modern businesses need to be more efficient and productive,” said Tan. “Alcion’s AI-driven BaaS platform serves a growing market need for intelligent data management, recovery, and threat detection that will surely come to be an industry standard.”
“Data protection is more critical than ever and, given my experience in building secure scalable platforms that are also easy to adopt, the companies that are successful in this space will be those that can effectively balance security with accessibility,” said Asthana. “I’m excited to invest in Alcion because of their innovative work at the intersection of data and security. With a highly-talented team focused on ease-of-use and security, I am confident they will make a significant impact on the field of data protection.”
For more information, or to try Alcion for free now, visit www.alcion.ai and join our community on Discord.
About Alcion, Inc.
Alcion solves data management challenges faced by companies running and storing business-critical data in the cloud including backup/restore, disaster recovery, and security. Purpose-built for managing data stored in third-party SaaS services, Alcion provides IT admins with an easy-to-use, scalable, and secure SaaS platform to protect their data. With a focus on data security, including ransomware protection, Alcion is using a community and open-source driven development approach to deliver a modern product focused on the needs of IT administrators. Founded in 2022, Alcion is a distributed company headquartered in the San Francisco Bay Area. Follow us on Twitter at @alcionai and join us on Discord.
Media Contact:
media@alcion.ai
Source: Alcion
Minneapolis, MN — May 31, 2023 — / BackupReview.info/ — Code42 Software, Inc., the Insider Risk Management (IRM) leader, today announced the appointment of Wayne Jackson to its board of directors. Jackson boasts an impressive career in enterprise security software and currently serves as the CEO of Sonatype, Inc., which is pioneering software supply chain management with technologies that aid software developers worldwide.
Photo: Wayne Jackson
“We are pleased to welcome Wayne to Code42’s board of directors,” said Joe Payne, Code42’s president and CEO. “Considering his wealth of experience leading cutting-edge security software companies in multiple CEO roles, he will provide key guidance as we continue to challenge traditional approaches to data protection and bring new innovations to market.”
Jackson is a seasoned business leader. Prior to joining Sonatype, he served as the founding CEO of Sourcefire, Inc. (NASDAQ:FIRE), which he guided through a successful IPO in March of 2007. Before that, Jackson co-founded Riverbed Technologies and led the company as its CEO until its sale for more than $1 billion in March of 2000.
“It’s a privilege to join Code42’s board of directors at such an exciting time for the organization,” said Jackson. “Code42’s unique solution to solve the growing problem of insider risk is changing the market in a way that should make people sit up and take notice. I look forward to working with Joe and the rest of the talented team on the board.”
Additional Resources
About Code42
Code42 is the leader in Insider Risk Management (IRM), offering end-to-end data loss detection and response solutions. The Code42 Incydr product is native to the cloud and rapidly detects data exposure, loss, leak and theft as well as speeds incident response – all without lengthy deployments, complex policy management or blocking employee productivity. Accelerating the effectiveness of Insider Risk programs are the Code42 Instructor microlearning solution, and Code42’s full suite of expert services.
With Code42, security professionals can protect corporate data and reduce insider risk while fostering an open and collaborative culture for employees. Designed to meet regulatory control requirements, Code42’s IRM solution is FedRAMP authorized and can be configured for GDPR, HIPAA, PCI and other compliance frameworks. Innovative organizations, including the fastest-growing security companies, rely on Code42 to safeguard their ideas. Founded in 2001, the company is headquartered in Minneapolis, Minnesota, and backed by Accel Partners, JMI Equity, NewView and Split Rock Partners. Code42 has played a defining role in developing a vision and requirements for the IRM category – now recognized by Gartner, IDC and Forrester – and is a founding member of the annual Insider Risk Summit and Insider Risk Community.
The Company has several offices across the United States and its clients include Federal Agencies as well as large multinational organizations, such as LLNL, PNNL, Lincoln Laboratory, NIH, CrowdStrike, Exabeam, BAYADA Home Health Care, Lending Club, MacDonald-Miller, MACOM, North Highland, Ping Identity, Shape Technologies, Snowflake, University of Georgia, User Testing, UTEX and Xactly.
© 2022 Code42 Software, Inc. All rights reserved. Code42, the Code42 logo, Incydr and Instructor are registered trademarks or trademarks of Code42 Software, Inc. in the United States and/or other countries. All other marks are properties of their respective owners.
Company Contact:
Kristin McKenzie
Public Relations Principal, Code42
kristin.mckenzie@code42.com
844-333-4242
Source: Code42
Burlington, MA – May 31, 2023 — / BackupReview.info / — N-able, Inc. (NYSE: NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as a service, and security solutions, today announced Stefanie Hammond, Head Nerd; Sarah Rice, Head Nerd Program Manager and Coordinator; Kathleen Pai, Chief People Officer; and Laura DuBois, Group Vice President of Product Management, are among the women leaders celebrated on the CRN® 2023 Women of the Channel (WOTC) list.
The CRN 2023 WOTC honorees bring their creativity, strategic thinking, and leadership to bear in a variety of roles and responsibilities, but all are turning their unique talents toward driving success for their partners and customers. This year, CRN honors over 1,500 women whose channel expertise and vision are deserving of recognition.
With the support of these female leaders over the past year, N-able has advanced on various initiatives and solutions to help its MSP partners succeed. The Head Nerds continue to fuel the company’s commitment to providing expert training and knowledge to inspire MSPs and educate them on important growth areas for their business, including sales and marketing, backup, automation, and security. N-able also strives to provide a culture that supports its people, partners, and the broader community, recently publishing its inaugural Environmental, Social, and Governance Report (ESG) and sharing the news that CEO, John Pagliuca, has signed the CEO Action for Diversity and Inclusion™ Pledge, reinforcing company support and commitment towards its Diversity, Equality, and Belonging philosophy.
In the last six months, it announced the expansion of Continuity features in Cove Data Protection™ with the introduction of Standby Image recovery in Microsoft Azure and also launched N-able Managed Endpoint Detection and Response (Managed EDR), a threat monitoring, hunting, and response service powered by SentinelOne Vigilance Respond. Managed EDR enlists SentinelOne’s 24×7 security operations center (SOC) and Vigilance security experts to monitor, review, and act upon every product-identified threat that puts networks at risk.
“We are so excited these four women were honored by CRN for their exceptional efforts in our field and for their support across our educational resources, company culture, and product execution and delivery,” said John Pagliuca, CEO at N-able. “It is always great to see accomplishments and contributions recognized and we believe the channel, and our own company, benefits hugely from them. Our culture at N-able is an inclusive environment that helps retain great talent to deliver terrific partner experiences over and over. Congratulations to Stefanie, Sarah, Kathleen, and Laura. Very well deserved!”
The 2023 Women of the Channel list will be featured in the June issue of CRN Magazine and can be found online at www.CRN.com/WOTC
About N-able
N-able fuels IT services providers with powerful software solutions to monitor, manage, and secure their customers’ systems, data, and networks. Built on a scalable platform, we offer secure infrastructure and tools to simplify complex ecosystems, as well as resources to navigate evolving IT needs. We help partners excel at every stage of growth, protect their customers, and expand their offerings with an ever-increasing, flexible portfolio of integrations from leading technology providers. www.n-able.com
© 2023 N-able Solutions ULC and N-able Technologies Ltd. All rights reserved.
Category: Company
Contact:
Karla Walls
Karla.walls@n-able.com
Source: N-able Technologies Ltd.
COPENHAGEN, DENMARK – May 30, 2023 — / BackupReview.info / — Keepit, the market leader in cloud data protection and management, today announced the appointment of Craig Bumpus to the position of Chief Revenue Officer (CRO).
Photo: Frederik Schouboe (L) and Craig Bumpus
In this role, Bumpus will be responsible for building Keepit’s go-to-market and associate strategies and setting a clear and concise direction in close collaboration with Chief Executive Officers and co-founders Frederik Schouboe and Morten Felsvang.
“Our aggressive growth and continued focus on technological innovation has brought Keepit to a new intersection where coordination and orchestration of projects and initiatives is critical,” said Schouboe. “As CRO, Craig will be a central part of ensuring that the company establishes a red thread throughout our go-to-market approaches.
Keepit is focused on building the right commercial strategy, bolstering our commercial preparedness and aligning execution across markets and channels. Craig has a well-established track record as a leader of high-performance teams, and his customer-first approach is a great fit for Keepit. We are excited to welcome him to the company.”
With nearly three decades in the information technology (IT) industry, Bumpus is a seasoned revenue and business leader with extensive experience in channel development, sales enablement, operations, customer success, and go-to-market strategy. Prior to joining Keepit, he served as CRO at Qumulo and at UiPath, where he grew the company from $25 million to over $365 million. Other previous roles include serving as senior vice president of Sales at Nutanix, where he scaled the company from $70 million to over $1 billion, and serving in senior sales leadership roles at Sophos, Cisco Systems, Utimaco, and DPC.
“Keepit is growing lightning fast and is on an ambitious and complex mission of continued evolution and expansion. I look forward to the opportunity to help shape the commercial strategy of this company and work with a team that has demonstrated tremendous innovative capabilities,” said Bumpus. “Keepit’s unique technology provides endless opportunities to evolve further in the data protection space. The genius of the tech stack and the adaptability of its services allow Keepit to continuously serve the data protection needs of businesses and organizations as they step into the fully cloud-based future.”
About Keepit
Keepit is a software-as-a-service company that protects cloud data for organizations, ensuring business continuity and access to information. Keepit is the world’s only independent backup and recovery solution and keeps data tamper-proof and resilient to cyberattacks and human error. Headquartered in Copenhagen with offices and data centers globally, Keepit is trusted by companies worldwide and across all industries to protect and manage their SaaS data.
For more information, visit: https://www.keepit.com/
Connect with Keepit on LinkedIn:
https://www.linkedin.com/company/keepit-a-s/
For inquiries please contact: press@keepit.com
For German press releases please visit: https://www.keepit.com/de/presse/
Source: Keepit
REDWOOD CITY, Calif. – May 30. 2023 — / BackupReview.info / — Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced preliminary financial results for the first quarter of fiscal year 2024, which ended April 30, 2023.
“In Q1 we delivered revenue, operating margin and EPS above our guidance ranges, a testament to the value of the Box Content Cloud platform and the execution we have been driving as a company,” said Aaron Levie, co-founder and CEO of Box. “In FY24, our pace of innovation continues to accelerate as we delivered on key roadmap milestones such as the general availability of Box Canvas and the next generation of Box Shuttle. And our innovation expands even further with Box AI, which leverages the power of artificial intelligence to unlock the value of our customers’ content and fundamentally change how work gets done.”
“Our sharp focus on delivering profitable growth in this dynamic macro environment was exemplified by our strong Q1 results, with free cash flow growth of 19% year-over-year,” said Dylan Smith, co-founder and CFO of Box. “We remain committed to delivering consistent year-over-year bottom line improvements, and we are reiterating our target of delivering revenue growth plus free cash flow margin of 35% in FY24.”
Fiscal First Quarter Financial Highlights
For the purpose of this press release, growth on a constant currency basis and impact from foreign exchange is determined by comparing current period reported results, with the current results calculated using the equivalent rates in the prior period.
For more information on the non-GAAP financial measures and key metrics discussed in this press release, please see the section titled, “About Non-GAAP Financial Measures and Other Key Metrics,” and the reconciliations of non-GAAP financial measures and certain key metrics to their nearest comparable GAAP financial measures at the end of this press release.
Business Highlights Since Last Earnings Release
Outlook
The U.S. dollar has continued to strengthen versus the currencies in which Box transacts international business following the prior earnings announcement on March 1, 2023, resulting in a larger than expected FX headwind for Q2 and the full year of FY24. As a reminder, approximately one third of Box’s revenue is generated outside of the US, primarily in Japanese Yen. The following guidance includes the expected impact of FX headwinds, assuming present foreign currency exchange rates.
Q2 FY24 Guidance
Full Year FY24 Guidance
All forward-looking non-GAAP financial measures contained in this section titled “Outlook” exclude estimates for stock-based compensation expense, intangible assets amortization, and as applicable, other special items. Box has provided a reconciliation of GAAP to non-GAAP net income per share guidance at the end of this press release.
Webcast and Conference Call Information
Box’s management team will host a conference call today beginning at 2:00 PM (PT) / 5:00 PM (ET) to discuss Box’s financial results, business highlights and future outlook. A live audio webcast of this call will be available through Box’s Investor Relations website at www.box.com/investors for a period of 90 days after the date of the call. Prepared remarks will be available on the Box Investor Relations website after the call ends.
The conference call can be accessed by registering online at https://conferencingportals.com/event/xgkBSAEo at which time registrants will receive dial-in information as well as a conference ID. A telephonic replay of the call will be available approximately two hours after the call and will run for one week. The replay can be accessed by dialing:
+ 1-800-770-2030 (toll-free), conference ID: 23531
+ 1-647-362-9199 (toll), conference ID: 23531
Box has used, and intends to continue to use, its Investor Relations website (www.box.com/investors), as well as certain Twitter accounts (@box, @levie and @boxincir), as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Information on or that can be accessed through Box’s Investor Relations website, these Twitter accounts, or that is contained in any website to which a hyperlink is provided herein is not part of this press release, and the inclusion of Box’s Investor Relations website address, these Twitter accounts, and any hyperlinks are only inactive textual references.
This press release, the financial tables, as well as other supplemental information including the reconciliations of non-GAAP financial measures and certain key metrics to their nearest comparable GAAP financial measures, are also available on Box’s Investor Relations website. Box also provides investor information, including news and commentary about Box’s business and financial performance, Box’s filings with the Securities and Exchange Commission, notices of investor events and Box’s press and earnings releases, on Box’s Investor Relations website.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks, uncertainties, and assumptions, including statements regarding Box’s expectations regarding the size of its market opportunity, sales productivity, the demand for its products, the timing of recent and planned product introductions, enhancements and integrations, the short- and long-term success, market adoption and retention, capabilities, and benefits of such product introductions and enhancements, the success of strategic partnerships, the impact of macroeconomic conditions on its business, its ability to grow and scale its business and drive operating efficiencies, the impact of fluctuations in foreign currency exchange rates on its future results, its net retention rate, its ability to achieve revenue targets and billings expectations, its revenue and billings growth rates, its ability to expand operating margins, its revenue growth rate plus free cash flow margin in fiscal year 2024 and beyond, its long-term financial targets for fiscal year 2025 and beyond, its ability to maintain profitability on a quarterly or ongoing basis, its free cash flow, its ability to continue to grow unrecognized revenue and remaining performance obligations, its revenue, billings, GAAP and non-GAAP gross margin, GAAP and non-GAAP net income (loss) per share, GAAP and non-GAAP operating margins, the related components of GAAP and non-GAAP net income (loss) per share, weighted-average outstanding share count expectations for Box’s fiscal second quarter and full fiscal year 2024 in the section titled “Outlook” above, equity burn rate, any potential repurchase of its common stock, whether, when, in what amount and by what method any such repurchase would be consummated, and the share price of any such repurchase. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: (1) adverse changes in general economic or market conditions, including those caused by the COVID-19 pandemic, the Russian invasion of Ukraine, inflation, and fluctuations in foreign currency exchange rates; (2) delays or reductions in information technology spending; (3) factors related to Box’s highly competitive market, including but not limited to pricing pressures, industry consolidation, entry of new competitors and new applications and marketing initiatives by Box’s current or future competitors; (4) the development of the cloud content management market; (5) the risk that Box’s customers do not renew their subscriptions, expand their use of Box’s services, or adopt new products offered by Box on a timely basis, or at all; (6) Box’s ability to provide timely and successful enhancements, integrations, new features and modifications to its platform and services; (7) actual or perceived security vulnerabilities in Box’s services or any breaches of Box’s security controls; (8) Box’s ability to realize the expected benefits of its third-party partnerships; and (9) Box’s ability to successfully integrate acquired businesses and achieve the expected benefits from those acquisitions. In addition, the preliminary financial results set forth in this release are estimates based on information currently available to Box. While Box believes these estimates are meaningful, they could differ from the actual amounts that Box ultimately reports in its Quarterly Report on Form 10-Q for the fiscal quarter ended April 30, 2023. Box assumes no obligations and does not intend to update these estimates prior to filing its Form 10-Q for the fiscal quarter ended April 30, 2023.
Additional information on potential factors that could affect Box’s financial results is included in the reports on Forms 10-K, 10-Q and 8-K and in other filings Box makes with the Securities and Exchange Commission from time to time, including the Annual Report on Form 10-K filed for the fiscal year ended January 31, 2023. These documents are available on the SEC Filings section of Box’s Investor Relations website located at www.box.com/investors. Box does not assume any obligation to update the forward-looking statements contained in this press release to reflect events that occur or circumstances that exist after the date on which they were made.
About Non-GAAP Financial Measures and Other Key Metrics
To supplement Box’s consolidated financial statements, which are prepared and presented in accordance with GAAP, Box provides investors with certain non-GAAP financial measures and other key metrics, including non-GAAP gross profit (loss), non-GAAP gross margin, non-GAAP operating income (loss), non-GAAP operating margin, non-GAAP net income (loss) attributable to common stockholders, non-GAAP net income (loss) per share attributable to common stockholders, billings, remaining performance obligations, non-GAAP free cash flow and free cash flow margin. The presentation of these non-GAAP financial measures and key metrics is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures and key metrics, please see the reconciliation of these non-GAAP financial measures and certain key metrics to their nearest comparable GAAP financial measures at the end of this press release.
Box uses these non-GAAP financial measures and key metrics for financial and operational decision-making (including for purposes of determining variable compensation of members of management and other employees) and as a means to evaluate period-to-period comparisons. Box’s management believes that these non-GAAP financial measures and key metrics provide meaningful supplemental information regarding Box’s performance by excluding certain expenses that may not be indicative of Box’s recurring core business operating results. Box believes that both management and investors benefit from referring to these non-GAAP financial measures and key metrics in assessing Box’s performance and when planning, forecasting, and analyzing future periods. These non-GAAP financial measures and key metrics also facilitate management’s internal comparisons to Box’s historical performance as well as comparisons to Box’s competitors’ operating results. Box believes these non-GAAP financial measures and key metrics are useful to investors both because they (1) allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) are used by Box’s institutional investors and the analyst community to help them analyze the health of Box’s business.
A limitation of non-GAAP financial measures and key metrics is that they do not have uniform definitions. Further, Box’s definitions will likely differ from the definitions used by other companies, including peer companies, and therefore comparability may be limited. Thus, Box’s non-GAAP financial measures and key metrics should be considered in addition to, and not as a substitute for, or in isolation from, measures prepared in accordance with GAAP. Additionally, in the case of stock-based compensation expense, if Box did not pay a portion of compensation in the form of stock-based compensation expense, the cash salary expense included in cost of revenue and operating expenses would be higher, which would affect Box’s cash position. The accompanying tables have more details on the reconciliations of non-GAAP financial measures and certain key metrics to their nearest comparable GAAP financial measures.
Non-GAAP gross profit (loss) and non-GAAP gross margin. Box defines non-GAAP gross profit (loss) as GAAP gross profit (loss) excluding expenses related to stock-based compensation (“SBC”) included in cost of revenue and intangible assets amortization. Non-GAAP gross margin is defined as non-GAAP gross profit (loss) divided by revenue. Although SBC is an important aspect of the compensation of Box’s employees and executives, determining the fair value of certain of the stock-based instruments Box utilizes involves a high degree of judgment and estimation and the expense recorded may bear little resemblance to the actual value realized upon the vesting or future exercise of the related stock-based awards. Management believes it is useful to exclude SBC in order to better understand the long-term performance of Box’s core business and to facilitate comparison of Box’s results to those of peer companies. Management also views amortization of acquired intangible assets, such as the amortization of the cost associated with an acquired company’s developed technology and trade names, as items arising from pre-acquisition activities determined at the time of an acquisition. While these intangible assets are continually evaluated for impairment, amortization of the cost of purchased intangibles is a static expense that is not typically affected by operations during any particular period.
Non-GAAP operating income (loss) and non-GAAP operating margin. Box defines non-GAAP operating income (loss) as operating income (loss) excluding expenses related to SBC, intangible assets amortization, and as applicable, other special items. Non-GAAP operating margin is defined as non-GAAP operating income (loss) divided by revenue. Box excludes the following expenses as they are considered by management to be special items outside of Box’s core operating results: (1) fees related to shareholder activism, (2) expenses related to certain litigation, (3) expenses associated with restructuring activities, consisting primarily of severance and other personnel-related costs, and (4) expenses related to acquisitions, including transaction and discrete tax costs.
Non-GAAP net income (loss) attributable to common stockholders and non-GAAP net income (loss) per share attributable to common stockholders. Box defines non-GAAP net income (loss) attributable to common stockholders as GAAP net income (loss) attributable to common stockholders excluding expenses related to SBC, intangible assets amortization, amortization of debt issuance costs, undistributed earnings attributable to preferred stockholders, and as applicable, other special items as described in the preceding paragraph. Box defines non-GAAP net income (loss) per share attributable to common stockholders as non-GAAP net income (loss) attributable to common stockholders divided by the weighted-average outstanding shares.
Billings. Billings reflect, in any particular period, (1) sales to new customers, plus (2) subscription renewals and (3) expansion within existing customers, and represent amounts invoiced for all products and professional services. Box calculates billings for a period by adding changes in deferred revenue and contract assets in that period to revenue. Box believes that billings help investors better understand sales activity for a particular period, which is not necessarily reflected in revenue as a result of the fact that Box recognizes subscription revenue ratably over the subscription term. Box considers billings a significant performance measure. Box monitors billings to manage the business, make planning decisions, evaluate performance and allocate resources. Box believes that billings offers valuable supplemental information regarding the performance of the business and helps investors better understand the sales volumes and performance of the business. Although Box considers billings to be a significant performance measure, Box does not consider it to be a non-GAAP financial measure because it is calculated using exclusively revenue, deferred revenue, and contract assets, all of which are financial measures calculated in accordance with GAAP.
Remaining performance obligations. Remaining performance obligations (“RPO”) represent, at a point in time, contracted revenue that has not yet been recognized. RPO consists of deferred revenue and backlog. Backlog is defined as non-cancellable contracts deemed certain to be invoiced and recognized as revenue in future periods. Future invoicing is determined to be certain when we have an executed non-cancellable contract or a significant penalty that is due upon cancellation. While Box believes RPO is a leading indicator of revenue as it represents sales activity not yet recognized in revenue, it is not necessarily indicative of future revenue growth as it is influenced by several factors, including seasonality, contract renewal timing, average contract terms and foreign currency exchange rates. Box monitors RPO to manage the business and evaluate performance. Box considers RPO to be a significant performance measure. Box does not consider RPO to be a non-GAAP financial measure because it is calculated in accordance with GAAP, specifically under ASC Topic 606.
Non-GAAP free cash flow and free cash flow margin. Box defines non-GAAP free cash flow as cash flows from operating activities less purchases of property and equipment, principal payments of finance lease liabilities, capitalized internal-use software costs, and other items that did not or are not expected to require cash settlement and that management considers to be outside of Box’s core business. Free cash flow margin is calculated as non-GAAP free cash flow divided by revenue. Box specifically identifies adjusting items in the reconciliation of GAAP to non-GAAP financial measures. Box considers non-GAAP free cash flow to be a profitability and liquidity measure that provides useful information to management and investors about the amount of cash generated by the business that can possibly be used for investing in Box’s business and strengthening its balance sheet, but it is not intended to represent the residual cash flow available for discretionary expenditures. The presentation of non-GAAP free cash flow is also not meant to be considered in isolation or as an alternative to cash flows from operating activities as a measure of liquidity.
About Box
Box (NYSE:BOX) is the leading Content Cloud, a single platform that empowers organizations to manage the entire content lifecycle, work securely from anywhere, and integrate across best-of-breed apps. Founded in 2005, Box simplifies work for leading global organizations, including AstraZeneca, JLL, Morgan Stanley, and Nationwide. Box is headquartered in Redwood City, CA, with offices across the United States, Europe, and Asia. Visit box.com to learn more. And visit box.org to learn more about how Box empowers nonprofits to fulfill their missions.
BOX, INC. |
||||||||
CONDENSED CONSOLIDATED BALANCE SHEETS |
||||||||
(In Thousands) |
||||||||
(Unaudited) |
||||||||
|
|
April 30, |
|
|
January 31, |
|
||
|
|
2023 |
|
|
2023 |
|
||
ASSETS |
|
|
|
|
|
|
||
Current assets: |
|
|
|
|
|
|
||
Cash and cash equivalents |
|
$ |
481,435 |
|
|
$ |
428,465 |
|
Short-term investments |
|
|
35,579 |
|
|
|
32,783 |
|
Accounts receivable, net |
|
|
132,653 |
|
|
|
264,515 |
|
Deferred commissions |
|
|
46,689 |
|
|
|
48,040 |
|
Other current assets |
|
|
34,882 |
|
|
|
32,960 |
|
Total current assets |
|
|
731,238 |
|
|
|
806,763 |
|
Property and equipment, net |
|
|
63,516 |
|
|
|
69,972 |
|
Operating lease right-of-use assets, net |
|
|
119,186 |
|
|
|
131,172 |
|
Goodwill |
|
|
74,593 |
|
|
|
73,863 |
|
Deferred commissions, non-current |
|
|
67,387 |
|
|
|
71,999 |
|
Other long-term assets |
|
|
52,746 |
|
|
|
53,396 |
|
Total assets |
|
$ |
1,108,666 |
|
|
$ |
1,207,165 |
|
LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ DEFICIT |
|
|
|
|
|
|
||
Current liabilities: |
|
|
|
|
|
|
||
Accounts payable, accrued expenses and other current liabilities |
|
$ |
68,645 |
|
|
$ |
79,810 |
|
Accrued compensation and benefits |
|
|
20,355 |
|
|
|
44,086 |
|
Operating lease liabilities |
|
|
44,576 |
|
|
|
47,752 |
|
Deferred revenue |
|
|
487,123 |
|
|
|
544,179 |
|
Total current liabilities |
|
|
620,699 |
|
|
|
715,827 |
|
Debt, net, non-current |
|
|
369,825 |
|
|
|
369,351 |
|
Operating lease liabilities, non-current |
|
|
107,399 |
|
|
|
118,001 |
|
Other long-term liabilities |
|
|
32,364 |
|
|
|
37,847 |
|
Total liabilities |
|
|
1,130,287 |
|
|
|
1,241,026 |
|
Series A convertible preferred stock |
|
|
490,464 |
|
|
|
489,990 |
|
Stockholders’ deficit: |
|
|
|
|
|
|
||
Common stock |
|
|
14 |
|
|
|
14 |
|
Additional paid-in capital |
|
|
822,366 |
|
|
|
818,996 |
|
Accumulated other comprehensive loss |
|
|
(7,019 |
) |
|
|
(7,065 |
) |
Accumulated deficit |
|
|
(1,327,446 |
) |
|
|
(1,335,796 |
) |
Total stockholders’ deficit |
|
|
(512,085 |
) |
|
|
(523,851 |
) |
Total liabilities, convertible preferred stock and stockholders’ deficit |
|
$ |
1,108,666 |
|
|
$ |
1,207,165 |
|
BOX, INC. |
|||||||
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS |
|||||||
(In Thousands, Except Per Share Data) |
|||||||
(Unaudited) |
|||||||
|
Three Months Ended |
|
|||||
|
April 30, |
|
|||||
|
2023 |
|
|
2022 |
|
||
Revenue |
$ |
251,898 |
|
|
$ |
238,432 |
|
Cost of revenue (1) |
|
61,651 |
|
|
|
62,209 |
|
Gross profit |
|
190,247 |
|
|
|
176,223 |
|
Operating expenses: |
|
|
|
|
|
||
Research and development (1) |
|
62,518 |
|
|
|
61,733 |
|
Sales and marketing (1) |
|
86,210 |
|
|
|
83,067 |
|
General and administrative (1) |
|
33,184 |
|
|
|
30,799 |
|
Total operating expenses |
|
181,912 |
|
|
|
175,599 |
|
Income from operations |
|
8,335 |
|
|
|
624 |
|
Interest and other income (expense), net |
|
2,318 |
|
|
|
(4,157 |
) |
Income (loss) before provision for income taxes |
|
10,653 |
|
|
|
(3,533 |
) |
Provision for income taxes |
|
2,303 |
|
|
|
1,166 |
|
Net income (loss) |
$ |
8,350 |
|
|
$ |
(4,699 |
) |
Accretion and dividend on series A convertible preferred stock |
|
(4,224 |
) |
|
|
(4,222 |
) |
Undistributed earnings attributable to preferred stockholders |
|
(470 |
) |
|
|
— |
|
Net income (loss) attributable to common stockholders |
$ |
3,656 |
|
|
$ |
(8,921 |
) |
Net income (loss) per share attributable to common stockholders |
|
|
|
|
|
||
Basic |
$ |
0.03 |
|
|
$ |
(0.06 |
) |
Diluted |
$ |
0.02 |
|
|
$ |
(0.06 |
) |
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders |
|
|
|
|
|
||
Basic |
|
144,739 |
|
|
|
144,725 |
|
Diluted |
|
150,436 |
|
|
|
144,725 |
|
|
|
|
|
|
|
||
(1) Includes stock-based compensation expense as follows: |
|
|
|
|
|
||
|
Three Months Ended |
|
|||||
|
April 30, |
|
|||||
|
2023 |
|
|
2022 |
|
||
Cost of revenue |
$ |
4,485 |
|
|
$ |
4,355 |
|
Research and development |
|
17,002 |
|
|
|
17,726 |
|
Sales and marketing |
|
15,318 |
|
|
|
15,289 |
|
General and administrative |
|
10,472 |
|
|
|
9,740 |
|
Total stock-based compensation |
$ |
47,277 |
|
|
$ |
47,110 |
|
BOX, INC. |
||||||||
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS |
||||||||
(In Thousands) |
||||||||
(Unaudited) |
||||||||
|
|
Three Months Ended |
|
|||||
|
|
April 30, |
|
|||||
|
|
2023 |
|
|
2022 |
|
||
CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
|
|
|
|
||
Net income (loss) |
|
$ |
8,350 |
|
|
$ |
(4,699 |
) |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: |
|
|
|
|
|
|
||
Depreciation and amortization |
|
|
12,906 |
|
|
|
18,536 |
|
Stock-based compensation expense |
|
|
47,277 |
|
|
|
47,110 |
|
Amortization of deferred commissions |
|
|
13,748 |
|
|
|
13,145 |
|
Other |
|
|
320 |
|
|
|
299 |
|
Changes in operating assets and liabilities: |
|
|
|
|
|
|
||
Accounts receivable, net |
|
|
129,805 |
|
|
|
136,876 |
|
Deferred commissions |
|
|
(8,113 |
) |
|
|
(9,059 |
) |
Operating lease right-of-use assets, net |
|
|
11,086 |
|
|
|
9,992 |
|
Other assets |
|
|
(1,939 |
) |
|
|
(15,368 |
) |
Accounts payable, accrued expenses and other liabilities |
|
|
(20,744 |
) |
|
|
(18,450 |
) |
Operating lease liabilities |
|
|
(13,065 |
) |
|
|
(11,866 |
) |
Deferred revenue |
|
|
(54,701 |
) |
|
|
(58,786 |
) |
Net cash provided by operating activities |
|
|
124,930 |
|
|
|
107,730 |
|
CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
|
|
|
|
||
Purchases of short-term investments |
|
|
(35,438 |
) |
|
|
(37,883 |
) |
Maturities of short-term investments |
|
|
33,000 |
|
|
|
80,000 |
|
Purchases of property and equipment, net of sale proceeds |
|
|
(2,321 |
) |
|
|
(558 |
) |
Capitalized internal-use software costs |
|
|
(3,833 |
) |
|
|
(2,532 |
) |
Other |
|
|
(190 |
) |
|
|
(615 |
) |
Net cash (used in) provided by investing activities |
|
|
(8,782 |
) |
|
|
38,412 |
|
CASH FLOWS FROM FINANCING ACTIVITIES: |
|
|
|
|
|
|
||
Repurchases of common stock |
|
|
(42,371 |
) |
|
|
(117,240 |
) |
Payments of dividends to preferred stockholders |
|
|
(3,693 |
) |
|
|
(3,750 |
) |
Proceeds from issuances of common stock under employee equity plans |
|
|
16,805 |
|
|
|
14,464 |
|
Employee payroll taxes paid for net settlement of stock awards |
|
|
(20,576 |
) |
|
|
(41,839 |
) |
Principal payments of finance lease liabilities |
|
|
(9,881 |
) |
|
|
(11,503 |
) |
Other |
|
|
(1,205 |
) |
|
|
(2,323 |
) |
Net cash used in financing activities |
|
|
(60,921 |
) |
|
|
(162,191 |
) |
Effect of exchange rate changes on cash, cash equivalents, and restricted cash |
|
|
(2,051 |
) |
|
|
(8,501 |
) |
Net increase (decrease) in cash, cash equivalents, and restricted cash |
|
|
53,176 |
|
|
|
(24,550 |
) |
Cash, cash equivalents, and restricted cash, beginning of period |
|
|
429,040 |
|
|
|
416,888 |
|
Cash, cash equivalents, and restricted cash, end of period |
|
$ |
482,216 |
|
|
$ |
392,338 |
|
BOX, INC. |
||||||||||
RECONCILIATION OF GAAP TO NON-GAAP DATA |
||||||||||
(In Thousands, Except Per Share Data and Percentages) |
||||||||||
(Unaudited) |
||||||||||
|
|
Three Months Ended |
|
|
||||||
|
|
April 30, |
|
|
||||||
|
|
2023 |
|
|
|
2022 |
|
|
||
GAAP gross profit |
|
$ |
190,247 |
|
|
|
$ |
176,223 |
|
|
Stock-based compensation |
|
|
4,485 |
|
|
|
|
4,355 |
|
|
Acquired intangible assets amortization |
|
|
1,452 |
|
|
|
|
1,452 |
|
|
Non-GAAP gross profit |
|
$ |
196,184 |
|
|
|
$ |
182,030 |
|
|
|
|
|
|
|
|
|
|
|
||
GAAP gross margin |
|
|
75.5 |
|
% |
|
|
73.9 |
|
% |
Stock-based compensation |
|
|
1.8 |
|
|
|
|
1.8 |
|
|
Acquired intangible assets amortization |
|
|
0.6 |
|
|
|
|
0.6 |
|
|
Non-GAAP gross margin |
|
|
77.9 |
|
% |
|
|
76.3 |
|
% |
|
|
|
|
|
|
|
|
|
||
GAAP operating income |
|
$ |
8,335 |
|
|
|
$ |
624 |
|
|
Stock-based compensation |
|
|
47,277 |
|
|
|
|
47,110 |
|
|
Acquired intangible assets amortization |
|
|
1,452 |
|
|
|
|
1,452 |
|
|
Acquisition-related expenses |
|
|
— |
|
|
|
|
53 |
|
|
Fees related to shareholder activism |
|
|
— |
|
|
|
|
(77 |
) |
|
Expenses related to litigation |
|
|
292 |
|
|
|
|
— |
|
|
Non-GAAP operating income |
|
$ |
57,356 |
|
|
|
$ |
49,162 |
|
|
|
|
|
|
|
|
|
|
|
||
GAAP operating margin |
|
|
3.3 |
|
% |
|
|
0.3 |
|
% |
Stock-based compensation |
|
|
18.8 |
|
|
|
|
19.7 |
|
|
Acquired intangible assets amortization |
|
|
0.6 |
|
|
|
|
0.6 |
|
|
Acquisition-related expenses |
|
|
— |
|
|
|
|
— |
|
|
Fees related to shareholder activism |
|
|
— |
|
|
|
|
— |
|
|
Expenses related to litigation |
|
|
0.1 |
|
|
|
|
— |
|
|
Non-GAAP operating margin |
|
|
22.8 |
|
% |
|
|
20.6 |
|
% |
|
|
|
|
|
|
|
|
|
||
GAAP net income (loss) attributable to common stockholders |
|
$ |
3,656 |
|
|
|
$ |
(8,921 |
) |
|
Stock-based compensation |
|
|
47,277 |
|
|
|
|
47,110 |
|
|
Acquired intangible assets amortization |
|
|
1,452 |
|
|
|
|
1,452 |
|
|
Acquisition-related expenses |
|
|
— |
|
|
|
|
53 |
|
|
Fees related to shareholder activism |
|
|
— |
|
|
|
|
(77 |
) |
|
Expenses related to litigation |
|
|
292 |
|
|
|
|
— |
|
|
Amortization of debt issuance costs |
|
|
474 |
|
|
|
|
471 |
|
|
Undistributed earnings attributable to preferred stockholders |
|
|
(5,632 |
) |
|
|
|
(4,552 |
) |
|
Non-GAAP net income attributable to common stockholders |
|
$ |
47,519 |
|
|
|
$ |
35,536 |
|
|
|
|
|
|
|
|
|
|
|
||
GAAP net income (loss) per share attributable to common stockholders, diluted |
|
$ |
0.02 |
|
|
|
$ |
(0.06 |
) |
|
Stock-based compensation |
|
|
0.32 |
|
|
|
|
0.31 |
|
|
Acquired intangible assets amortization |
|
|
0.01 |
|
|
|
|
0.01 |
|
|
Acquisition-related expenses |
|
|
— |
|
|
|
|
— |
|
|
Fees related to shareholder activism |
|
|
— |
|
|
|
|
— |
|
|
Expenses related to litigation |
|
|
— |
|
|
|
|
— |
|
|
Amortization of debt issuance costs |
|
|
— |
|
|
|
|
— |
|
|
Undistributed earnings attributable to preferred stockholders |
|
|
(0.03 |
) |
|
|
|
(0.03 |
) |
|
Non-GAAP net income per share attributable to common stockholders, diluted |
|
$ |
0.32 |
|
|
|
$ |
0.23 |
|
|
Weighted-average shares used to compute Non-GAAP net income per share attributable to common stockholders, diluted |
|
|
150,436 |
|
|
|
|
152,845 |
|
|
|
|
|
|
|
|
|
|
|
||
GAAP net cash provided by operating activities |
|
$ |
124,930 |
|
|
|
$ |
107,730 |
|
|
Purchases of property and equipment, net of proceeds from sales |
|
|
(2,321 |
) |
|
|
|
(558 |
) |
|
Principal payments of finance lease liabilities |
|
|
(9,881 |
) |
|
|
|
(11,503 |
) |
|
Capitalized internal-use software costs |
|
|
(4,480 |
) |
|
|
|
(4,805 |
) |
|
Non-GAAP free cash flow |
|
$ |
108,248 |
|
|
|
$ |
90,864 |
|
|
GAAP net cash (used in) provided by investing activities |
|
$ |
(8,782 |
) |
|
|
$ |
38,412 |
|
|
GAAP net cash used in financing activities |
|
$ |
(60,921 |
) |
|
|
$ |
(162,191 |
) |
|
BOX, INC. |
||||||||
RECONCILIATION OF GAAP REVENUE TO BILLINGS |
||||||||
(In Thousands) |
||||||||
(Unaudited) |
||||||||
|
|
Three Months Ended |
|
|||||
|
|
April 30, |
|
|||||
|
|
2023 |
|
|
2022 |
|
||
GAAP revenue |
|
$ |
251,898 |
|
|
$ |
238,432 |
|
Deferred revenue, end of period |
|
|
507,385 |
|
|
|
468,350 |
|
Less: deferred revenue, beginning of period |
|
|
(566,630 |
) |
|
|
(534,242 |
) |
Contract assets, beginning of period |
|
|
1,900 |
|
|
|
1,111 |
|
Less: contract assets, end of period |
|
|
(2,642 |
) |
|
|
(1,491 |
) |
Billings |
|
$ |
191,911 |
|
|
$ |
172,160 |
|
BOX, INC. |
||||||||||||||||
RECONCILIATION OF GAAP NET INCOME TO NON-GAAP NET INCOME PER SHARE GUIDANCE |
||||||||||||||||
(In Thousands, Except Per Share Data) |
||||||||||||||||
(Unaudited) |
||||||||||||||||
|
|
Three Months Ended |
|
|
Fiscal Year Ended |
|
||||||||||
|
|
July 31, 2023 |
|
|
January 31, 2024 |
|
||||||||||
GAAP net income per share attributable to common stockholders range, diluted |
|
$ |
0.01 |
|
– |
$ |
0.02 |
|
|
$ |
0.17 |
|
– |
$ |
0.23 |
|
Stock-based compensation |
|
|
0.35 |
|
|
|
0.35 |
|
|
|
1.37 |
|
|
|
1.37 |
|
Acquired intangible asset amortization |
|
|
0.01 |
|
|
|
0.01 |
|
|
|
0.04 |
|
|
|
0.04 |
|
Expenses related to litigation |
|
|
— |
|
|
|
— |
|
|
|
0.02 |
|
|
|
0.02 |
|
Amortization of debt issuance costs |
|
|
— |
|
|
|
— |
|
|
|
0.01 |
|
|
|
0.01 |
|
Undistributed earnings attributable to preferred stockholders |
|
|
(0.04 |
) |
|
|
(0.04 |
) |
|
|
(0.16 |
) |
|
|
(0.16 |
) |
Non-GAAP net income per share attributable to common stockholders range, diluted |
|
$ |
0.34 |
|
– |
$ |
0.35 |
|
|
$ |
1.44 |
|
– |
$ |
1.50 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
Weighted-average shares, diluted |
|
|
|
|
|
150,000 |
|
|
|
|
|
|
151,000 |
|
||
Note: figures may not sum due to rounding. |
BOX, INC. |
||||||||||
RECONCILIATION OF GAAP TO NON-GAAP OPERATING MARGIN GUIDANCE |
||||||||||
(Unaudited) |
||||||||||
|
|
Three Months Ended |
|
|
|
Fiscal Year Ended |
|
|
||
|
|
July 31, 2023 |
|
|
|
January 31, 2024 |
|
|
||
GAAP operating margin |
|
|
3.0 |
|
% |
|
|
5.0 |
|
% |
Stock-based compensation |
|
|
20.5 |
|
|
|
|
19.5 |
|
|
Acquired intangible assets amortization |
|
|
0.5 |
|
|
|
|
0.5 |
|
|
Expenses related to litigation |
|
|
— |
|
|
|
|
0.5 |
|
|
Non-GAAP operating margin |
|
|
24.0 |
|
% |
|
|
25.5 |
|
% |
Investors:
Cynthia Hiponia and Elaine Gaudioso
+1 650-209-3463
ir@box.com
Media:
Denis Roy and Rachel Levine
+1 650-543-6926
press@box.com
Source: Box
PHILADELPHIA, PA – May 30, 2023 — / BackupReview.info / — Verinext, the company that delivers transformative business outcomes through technology and services for everything that comes next, today announced that CRN®, a brand of The Channel Company, has named Verinext to its 2023 Solution Provider 500 list. While this is the first time Verinext appears on the list under its new brand, both of its predecessor organizations, Anexinet and Veristor, have appeared on the list consistently over the past decade and a half.
CRN’s annual Solution Provider 500 ranks North America’s largest solution providers by revenue and serves as the gold standard for recognizing some of the channel’s most successful companies. This year’s list of companies represents combined revenue of more than $475.9 billion, and the honorees are among the top influencers impacting today’s IT industry and the global technology supply chain.
“At Verinext, we are building a powerhouse organization based on a simple promise: to tell the truth about what’s next,” said Brian Glahn, CEO, Verinext. “We continue to underscore our reputation as a technology truth-teller that delivers the transformative technology customers need to achieve their business goals. We’re proud that our execution on this vision continues to propel our growth and has once again elevated our placement on the CRN Solution Provider 500 list.”
“It’s a distinct honor to recognize CRN’s 2023 Solution Provider 500. These are today’s top technology integrators, strategic service providers, and IT consulting firms, making this list the go-to resource for creating strategic partnerships among technology vendors and today’s top-performing IT solution providers,” said Blaine Raddon, CEO of The Channel Company. “My heartfelt congratulations go out to each of these companies for the significant impact they make on the continued growth and success of the IT channel.”
CRN’s 2023 Solution Provider 500 list will be available online at www.CRN.com/SP500, and a sampling of the list will be featured in the June issue of CRN Magazine.
About Verinext
Verinext delivers transformative business outcomes through technology and services so customers are ready for everything that comes next. From intelligently automating time-consuming tasks and protecting data assets to securing infrastructure and improving customer experiences, Verinext activates the innovation that makes technology truly work so businesses can make their next move with confidence. Verinext is the new name for the combination of Anexinet, Veristor, Light Networks and SereneIT. With five offices across the south and northeast, Verinext is backed by Mill Point Capital LLC. Learn more at verinext.com
About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end-users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com
Follow The Channel Company: Twitter and LinkedIn.
© 2023. CRN is a registered trademark of The Channel Company LLC. All rights reserved.
PR Contact:
Steve Sturgeon
Avista PR for Verinext
ssturgeon@avistapr.com
858-472-5669
Source: Verinext
23 May
SAN JOSE, Calif. – May 23, 2023 — / BackupReview.info / — Cohesity, a leader in data security and management, announced today at its three-day Cohesity Catalyst virtual conference an expanded partnership with Google Cloud to help organizations unlock the power of generative AI and data. In addition, Cohesity unveiled Cohesity Turing, a unique, comprehensive, and rapidly evolving set of AI technologies that brings the power of AI to data security and management. The expanded partnership with Google Cloud, along with Cohesity Turing, will enable organizations to leverage their entire data estate through a single, secure workflow across on-premises, multicloud, and edge environments.
For years, Cohesity and Google Cloud have provided joint customers with a simple yet robust enterprise-grade solution for backup and recovery of applications. Building on other recent announcements, Cohesity is continuing to extend its AI-ready data security and management platform — Cohesity Data Cloud — to work closely and have deeper integrations with leading cloud services, including Vertex AI, Google Cloud’s fully managed ML (machine learning) platform designed to help companies to accelerate the deployment of ML and AI models.
The combination of Cohesity’s data security and management capabilities and Vertex AI will enable joint customers to gain new insights into the same data they’re already securing and managing on Cohesity’s platform. Through this integration, customers could, for instance, quickly search across exabytes of data to gain insights into data patterns, like finding anomalies in their data to detect threats, or find answers to very specific questions, or quickly recover data using contextual searches.
“Vertex AI is one of the best platforms for building, deploying, managing and scaling ML models – and we’re excited that Cohesity is joining our growing open ecosystem to help more customers get value from their data via AI,” said Thomas Kurian, CEO, Google Cloud. “Cohesity’s excellent data security and management capabilities, combined with Google Cloud’s powerful generative AI and analytics capabilities, will help customers get exceptional insights into their backup and archived data.”
“To apply generative AI transformatively, businesses need to be able to easily get rapid insights from their data utilizing cutting-edge and leading AI/ML models. We are excited to be leading the charge in generative AI in the data security and management industry, as we build out next-gen generative AI solutions for our category,” said Sanjay Poonen, CEO and president, Cohesity. “We also agree with Google that AI must be handled securely and responsibly. With our unique platform, Cohesity not only provides phenomenal search via our built-in indexing capabilities, but robust security protocols to help customers maintain control and privacy of their data at every turn.”
Creating Unprecedented Efficiency and Insights Via Cohesity Turing
To address the rapidly evolving needs customers have with AI and data, Cohesity is introducing Cohesity Turing, a collection of AI/ML capabilities and technologies that are integrated into its multicloud data platform and solutions. As new AI needs emerge, Cohesity will continue to advance the portfolio of technologies offered and powered by Cohesity Turing, while enabling customers to use AI responsibly and securely.
Through Cohesity Turing, organizations can and will be able to utilize the latest AI capabilities to drive more efficient operations, garner greater insight into security risks, and derive more value from data.
A sampling of AI/ML capabilities powered by Cohesity Turing include:
In addition, in the near future, customers will be able to turn to Cohesity Turing to derive even more insights from their data via the Retrieval Augmented Generation (RAG) AI model workflows. Cohesity believes RAG technologies can help customers get deeper insights and discovery from data or quickly find content in petabytes of data. Cohesity has multiple patents pending in this area.
Advancing Technology that Was Tailor-Made for AI From Day One
Cohesity Data Cloud – built on a unique distributed file system for the multicloud -was designed for massive scale and to empower customers to easily manage and secure their data across on-premises, cloud, and edge environments. Customers can utilize this same modern platform for AI, deriving benefits from Large Language Models (LLM) and Natural Language Processing (NLP), while also maintaining control of the data.
Via this platform, customers will be able to:
“Cohesity’s data security and management solutions have long incorporated AI and ML capabilities, and with the introduction of Cohesity Turing, Cohesity is taking a unique approach to seamless integration of customer data with responsible AI and governance, ultimately helping organizations to build trust around integrating and leveraging AI with their data,” said Christophe Bertrand, Practice Director, Enterprise Strategy Group (ESG). “And while there is a lot of hype around AI, Cohesity is introducing a pragmatic approach to bring the power of AI to an expanded number of use cases.”
For More Information:
About Cohesity
Cohesity is a leader in data security and management. We make it easy to secure, protect, manage, and get value from data — across the data center, edge, and cloud. Cohesity effectively helps organizations defend against ransomware attacks with comprehensive data security and management capabilities, including immutable backup snapshots, AI-based threat detection, user behavior monitoring, and rapid recovery at scale. Cohesity solutions can be delivered as a service, self-managed, or provided by a Cohesity-powered partner.
Media Contact:
Michael Thacker
michael.thacker@cohesity.com
+1-415-205-8326
Source: Cohesity
23 May
SAN JOSE, Calif. – May 23, 2023 — / BackupReview.info / — Cohesity, a leader in data security and management, today announced at Catalyst, the company’s three-day virtual summit, expansion and rapid innovation with the Data Security Alliance.
Cohesity added new members to the alliance including Netskope, ServiceNow, and Zscaler. The company delivered new integrations with CrowdStrike, ServiceNow, and announced an updated integration with Tenable. The alliance, announced in November 2022, also includes BigID, Cisco, CyberArk, Mandiant, Okta, Palo Alto Networks, PwC UK, Qualys, Securonix, and Splunk.
The Data Security Alliance offers a unique and comprehensive approach to security. Through this one-of-a-kind alliance, leading cyber security, data security and management, and services vendors partner to seamlessly bridge enterprise IT and security by sharing context and enabling new workflows. This collaboration can help customers detect threats and respond to attacks faster, improve remediation, and advance cyber resilience — all while utilizing their existing security and data management investments.
This type of alliance is in high demand by enterprises globally. In a soon-to-be-released global research study commissioned by Cohesity, with partners BigID and Tenable, 87% of the more than 3,000 IT and security respondents polled believe that in order to help win the war against ransomware, it is important that data security and management and cyber security companies team to provide complete and integrated anti-ransomware solutions.*
The following are new Data Security Alliance partners:
“With the addition of new security partners Netskope, ServiceNow, and Zscaler and our growing portfolio of security integrations, we have one of the most robust data security ecosystems in the industry to help fight the threat of attacks,” said Sanjay Poonen, CEO and president, Cohesity. “Today’s increasingly sophisticated cyber threats cannot be solved by one vendor alone. It takes an integrated network of cyber security, data security and management, and services experts to thwart the persistence of bad actors. We’re excited to be fulfilling our vision via new and expanded integrations with our valued partners and look forward to working together to help enterprises win the war against cyber threats.”
The following are new or advanced integrations with Data Security Alliance members to increase the speed and efficiency of threat detection.
“CrowdStrike’s modern, scalable observability and log management solution is an ideal complement to Cohesity’s exceptional data management capabilities. Together, we help customers rapidly advance cyber resilience within their organizations,” said Daniel Bernard, chief business officer at CrowdStrike. “With the increasing sophistication of cyberattacks, powerful integrations help defeat the bad guys and offer customers the most comprehensive and advanced approaches to protecting their people, organizations, and data.”
“We welcome the opportunity to innovate with Cohesity to help our customers strengthen their cyber resilience and contribute to the momentum of Cohesity’s Data Security Alliance,” said Ray Komar, vice president of technical alliances, Tenable. “We’re excited to support the newly re-architected integration of marketplace app CyberScan powered by Tenable, which provides greater scalability so large workloads can be scanned more efficiently and rapidly. Proactive, rapid vulnerability scanning is a critical part of cyber resilience best practices.”
“Improved collaboration between data management and security providers, and tighter integration of their respective services, is critical in meeting the threat of ever more sophisticated cyberattacks such as ransomware,” said Johnny Yu, research manager, Storage and Computing, IDC. “Cohesity has shown strong momentum in adding key security providers to its alliance and making more integrations available to customers to help defend against cybercrime.”
*April 2023 survey conducted by Censuswide, of more than 3,000 IT decision-makers and SecOps professionals (split nearly 50/50 between the two groups) from businesses in the United States, United Kingdom, France, Germany, Australia and Japan. Full report to be released by July 2023
About Cohesity
Cohesity is a leader in data security and management. We make it easy to secure, protect, manage, and get value from data — across the data center, edge, and cloud. Cohesity effectively helps organizations defend against ransomware attacks with comprehensive data security and management capabilities, including immutable backup snapshots, AI-based threat detection, user behavior monitoring, and rapid recovery at scale. Cohesity solutions can be delivered as a service, self-managed, or provided by a Cohesity-powered partner.
Media Contacts
Doug Free
Director of Corporate Communications
doug.free@cohesity.com
650-868-3252
Highwire Public Relations for Cohesity
Kelly Promes
cohesity@highwirepr.com
Source: Cohesity
BOSTON, MA – May 23, 2023 — / BackupReview.info / — Nasuni Corporation, a leading provider of file data services, today announced it has received the NorthFace ScoreBoard Service Award for the third year in a row and raised its Net Promoter Score to 88. This coveted recognition demonstrates Nasuni’s ongoing commitment to achieving excellence in customer support services by building long-term customer loyalty and continuously exceeding expectations.
“I’ve always been pleasantly surprised at the level of attention and professionalism from the Nasuni team,” said Michael Chan, IT Manager at GeoVerra, one of Canada’s largest geomatics firms providing land surveying, mapping, forestry, environmental, and geospatial solutions. “We’re very happy with Nasuni. I wish other companies were like them.”
Audited and awarded by the Customer Relationship Management Institute LLC (CRMI), Nasuni received a Net Promoter Score (NPS) of 88, a Transaction Survey ScoreBoard Index (SBI) rating of 4.8 for overall technical support, and a 99% Customer Satisfaction (CSAT) rating. According to Bain & Company, the creators of the NPS system, a score of 50 is excellent while a score of 80 or more is considered world-class.
CRMI created the NorthFace ScoreBoard Service Awards program in 2000 to recognize organizations that offer exemplary services to their customers, as well as to center their existence on a deep commitment to the principles of respect, employee empowerment, and trust in others. Presented annually, the program recognizes companies that achieved excellence in customer service during the calendar year, according to ratings from their own customers.
Delivering the highest levels of support during all stages of the customer life cycle — from cloud migration to production — is a core pillar for Nasuni. “Not only is Nasuni committed to providing the most capable, file services and data protection platform available, but also to ensuring that our customers remain extremely happy and supported after the sale,” said Jason DePardo, Vice President of Customer Success and Services at Nasuni. “Unlike legacy storage where customers are locked into a vendor for years, we need to earn the business every day or customers can discontinue the service. We are very proud of our team for the incredible value they deliver to our users. Receiving this award three years in a row is truly outstanding validation of what they do and how they do it.”
To learn more, please visit Nasuni’s Customer Success page — https://www.nasuni.com/customer-success/
Customer statements:
About Nasuni
Nasuni Corporation is a leading file data services company that helps organizations create a secure, file data cloud for digital transformation, global growth, and information insight. The Nasuni File Data Platform is a cloud-native suite of services that simplifies file data infrastructure, enhances file data protection, and ensures fast file access globally at the lowest cost. By consolidating file data in easily expandable cloud object storage from Azure, AWS, Google Cloud, and others, Nasuni becomes the cloud-native replacement for traditional network attached storage (NAS) and file server infrastructure, as well as complex legacy file backup, disaster recovery, remote access, and file synchronization technologies. Organizations worldwide rely on Nasuni to easily access and share file data globally from the office, home, or on the road. Sectors served by Nasuni include manufacturing, construction, creative services, technology, pharmaceuticals, consumer goods, oil and gas, financial services, and public sector agencies. Nasuni’s corporate headquarters is based in Boston, Massachusetts, USA delivering services in over 70 countries around the globe. For more information, visit www.nasuni.com
Social media links
Media Contacts:
North America
JaeMi Pennington
Metis Communications
Phone: +1 617-236-0500 ext 26
Email: nasuni@metiscomm.com
Europe
Maria Loupa
Waters Agency
Phone: +44 (0)7591 004 738
Email: nasunipr@watersagency.com
Source: Nasuni
23 May
MIAMI, FL – May 23, 2023 — / BackupReview.info / — IDrive® e2, a fast and very affordable S3 compatible object storage solution, has announced the release of their new IDrive® e2 on-premise object storage appliance at VeeamON 2023, the community event for data recovery experts, taking place online May 22-24 and in person in Miami, Fla. The IDrive® e2 on-premise appliance will enable users to radically simplify the ability to manage, store, and protect data while allowing S3/HTTP access to any application, device, or end-user.
When used in On-Premise, Private Cloud, and Hybrid Cloud environments, the appliance ensures the rapidly scaling datasets are continuously protected and instantly accessible. It eliminates tedious storage management and reduces the Total Cost of Ownership (TCO).
Features of the IDrive® e2 on-premise appliance include:
IDrive® e2 on-premise appliance is also ideal for the following markets:
Available in a rack mount 2U server with three storage options including 48TB, 96TB, 144TB and 176TB. Pricing is available upon request. To learn more about the IDrive® e2 on-premise appliance, visit the IDrive booth #B3 during VeeamON 2023, May 22 – 24 at the Fontainebleau Miami Beach in Miami, Florida
About IDrive
IDrive Inc. is a privately held company specializing in cloud storage, online backup, file sharing, remote access, compliance and related technologies. Core services include IDrive®, IDrive® e2, RemotePC™ and IBackup.The company’s services help over 4 million customers back up over 500 Petabytes of data.
For more information, contact:
Matthew Harvey
818-251-4200 x127
matthew.harvey@idrive.com
www.idrive.com
Source: IDrive
23 May
DRAPER, Utah – May 23, 2023 — / BackupReview.info / — Arcserve, the world’s most experienced provider of backup, recovery, and immutable storage solutions for unified data protection against ransomware and disasters, today announced the results of a comprehensive review conducted by independent research firm DCIG, of its Arcserve UDP 9.0 backup solution. The study found that Arcserve UDP 9.0 offers organizations a clear edge in protecting against ransomware while tackling the persistent challenges of managing backup and recovery complexities.
Arcserve UDP 9.0 delivers a cloud-based, multi-tenant Cloud Console that centrally manages UDP and Cloud Direct, enhancing its protection of enterprise applications such as Oracle and MS SQL Servers. The solution includes architectural and user interface enhancements to improve performance, simplify management, and improve data resilience, availability, and durability through its support for multiple cloud object storage providers. These features, combined with Arcserve’s existing integration with Sophos, provide organizations with a reinforced beachhead against ransomware threats.
Jerome Wendt, CEO & Lead Data Protection Analyst of DCIG, commented on Arcserve UDP’s multiple backup and DR capabilities, stating that “Arcserve UDP has for some time delivered advanced data protection features at its core that organizations routinely use. Arcserve offers both agent-based and agentless backup options, which give organizations the flexibility to use the best backup approach to meet specific application data protection requirements.”
Arcserve UDP offers multiple disaster recovery (DR) options, including DRaaS, Instant Restores, and Virtual Standby (VSB). DRaaS is available via its fully managed cloud services extension, Cloud Hybrid. Its DRaaS service keeps critical data and workloads protected offsite and available and positions organizations to continue operations during or after unplanned on-premises outages. The Instant Restore feature allows IT personnel to spin up a VM directly from a backup quickly. At the same time, VSB offers a highly available configuration for data and applications for even faster recoveries than its Instant Restore feature.
“As ransomware attacks become more sophisticated and frequent, a weak backup solution is no longer an option. With Arcserve UDP 9.0, organizations empower themselves to defend against the latest ransomware threats and overcome the complexity inherent in IT environments,” said Patrick Tournoy, executive vice president of operations at Arcserve. “DCIG’s review confirms that Arcserve UDP 9.0 is a robust backup solution that can effectively protect organizations against these threats.”
About Arcserve
Arcserve, a top 5 data protection vendor and unified data resilience platform provider, offers the broadest set of best-in-class solutions to manage, protect, and recover all data workloads, from SMB to enterprise, regardless of location or complexity. Arcserve solutions eliminate complexity while bringing best-in-class, cost-effective, agile, and massively scalable data protection and certainty across all data environments. This includes on-prem, off-prem (including DRaaS, BaaS, and Cloud-to-Cloud), hyper-converged, and edge infrastructures. The company’s nearly three decades of award-winning IP, plus a continuous focus on innovation, means that partners and customers, including MSPs, VARs, LARs, and end-users, are assured of the fastest route to next-generation data workloads and infrastructures. A 100% channel-centric organization, Arcserve has a presence in over 150 countries, with 19,000 channel partners helping to protect 235,000 customers’ critical data assets. Explore more at arcserve.com and follow @Arcserve on Twitter.
Contact:
Jock Breitwieser
Arcserve
+1 408.800.5625
jock.breitwieser@arcserve.com
Source: Arcserve
23 May
GARDEN CITY, NY – May 23, 2023 — / BackupReview.info / — Opti9 Technologies, LLC. (Opti9), a trusted North American managed cloud services provider, announces its selection by Wasabi Technologies (Wasabi) as a Technical Alliance Partner (TAP) to offer integrated disaster recovery and artificial intelligence (AI) powered ransomware detection services. As result of this trusted partnership, Wasabi clients can now natively integrate a comprehensive disaster recovery and security monitoring that includes proactive protection of their data from ransomware attacks.
Opti9 has been a leading managed hybrid cloud solutions and security services provider for over two decades. As part of their growing list of innovative contributions to provide secure and reliable cloud environments, Opti9 has developed a disaster recovery solution for Wasabi clients called DR-Lite which allows Wasabi customers to recover workloads already backed up to Wasabi onto the Opti9 DR infrastructure without the need to make any changes. This cost-effective and Wasabi approved solution provides rapid recovery to any of Opti9’s global cloud regions located adjacent to Wasabi cloud storage, ensuring low-latency and faster restoration.
Additionally, Opti9 has also integrated Wasabi directly into its Observr platform. Observr integrates with a customer’s Veeam backup and replication servers and uses AI to detect suspicious activity which may indicate the presence of a malicious attacker or insider threat. This includes suspicious changes to retention settings, job definitions, encryption, immutability, data deletion, job modifications or deletion, and many other factors. In addition to automated notification and API integration with third-party security tools, Observr can also automatically air-gap offsite backup storage so that an attacker who has gained access to Veeam can no longer impose changes on it, read/restore backups, or delete it. In the next version of Observr, Opti9 and Wasabi will enhance Observr to support its air-gap capability natively within Wasabi. This will allow Observr to automatically air-gap a client’s Wasabi environment whenever potential threats are detected, further strengthening data security measures.
Observr’s air-gap capability now natively integrates with Wasabi and Observr can automatically air-gap Wasabi buckets from Veeam in response to detected threats.
“Backup and replication infrastructure has recently become a focus for attackers who know that eliminating an organization’s ability to recover from a ransomware attack increases their likelihood of being paid the ransom. Additionally, attackers are typically present within an environment for 60 days or more before initiating an attack, allowing them to delete and circumvent protection provided by immutability alone,” explained Sagi Brody, CTO of Opti9. “The Observr + Wasabi solution provides Veeam customers with maximum assurances to protect their recovery capabilities by combining Wasabi’s secure, immutable, and encrypted cloud storage with contextual threat detection and an isolated recovery environment. By continuously monitoring Veeam to ensure backup jobs, retention, encryption, and immutability settings have not been disabled or altered, it ensures customers can recover their data when needed. Additionally, Opti9’s DR-Lite provides an isolated compute environment, pre-configured and pre-connected to customer’s Wasabi storage buckets and ready to initiate a failover immediately if and when needed.”
Opti9’s Observr, as well as DR-Lite are available to any customers utilizing Veeam + Wasabi and can easily be enabled without making any changes at all to their Veeam or Wasabi environments. These solutions require no software agents, special VPN or network configurations and provide RTOs for threat detection and response times.
“Wasabi is the best cloud storage solution for backup and recovery with lightning-fast data backups and restores with immutable hot cloud storage that delivers users predictable pricing and performance,” said Clark Brown, Vice President of North America Channels at Wasabi. “Opti9’s disaster recovery solution and Observr ransomware detection service are two critical cloud security requirements we’re thrilled to offer Wasabi clients who need to ensure they are protected from malicious actors.”
To learn more about Observr ransomware detection, please visit opti9tech.com
About Opti9
Opti9 is a hybrid cloud solutions provider with offices in Garden City, NY, Omaha, NE, Overland Park, KS, and St. Louis, MO, and data centers in North America, Europe and the APAC region. The company is an AWS Advanced Consulting Partner and Platinum Veeam® Cloud & Service Provider (VCSP) partner, along with several other key partnerships and certifications. Opti9 specializes in managed cloud services, application development and modernization, backup and disaster recovery, security, and compliance. With its business-first focus, Opti9 blends experience with innovation and new solutions to deliver on its “Right Workload, Right Cloud, Right Time” approach.
About Wasabi
Wasabi provides simple and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an unlimited amount of data with no complex tiers or egress or API fees, delivering predictable costs that save money and industry leading security and performance businesses can count on. Trusted by customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi is a privately held company based in Boston. Wasabi is a Proud Partner of the Boston Red Sox, and the Official Cloud Storage Partner of Liverpool Football Club and the Boston Bruins.
Follow and connect with Wasabi on Linkedin,Twitter, Facebook, Instagram, and The Bucket.
Wasabi Contact:
Wasabi Technologies PR contact
Press@wasabi.com
Opti9 Contact:
Opti9 Technologies LLC
contact@opti9tech.com
866-932-2471
www.opti9tech.com
Source: Opti9 Technologies LLC
23 May
Miami, FL – VeeamON 2023 — May 23, 2023 — / BackupReview.info / — Kasten by Veeam®, the market leader for Kubernetes backup and disaster recovery, today announced the release of its new Kasten K10 V6.0 Kubernetes data protection platform. The new release includes features that will help customers scale their cloud native data protection more efficiently, better protect their applications and data against ransomware attacks, and increase accessibility by adding new cloud native integrations.
Kubernetes was designed to enable greater productivity – helping enterprises scale automation to manage very large deployments found within containerized environments. Kubernetes has now garnered industry-standard status as cloud native architecture fuels widespread application modernization. Now, IT budgets are tightening, and the pressure to do more with less is growing. At the same time, security issues remain top of mind across all business segments, with 85% of all organizations suffering at least one cyber-attack in the past 12 months.
Kasten K10 V6.0 bridges the need for increased operational efficiency and business resiliency in cloud native environments. The solution introduces newly enhanced capabilities to perform backup and disaster recovery with intelligent policies, extend threat detection capabilities, and uphold freedom of choice in terms of selecting best-of-breed components of the underlying infrastructure.
“Enterprises deploying cloud native applications today face two principal challenges. They need to protect their critical assets against cyberattacks while scaling applications and underlying infrastructure in the most efficient manner,” said Gaurav Rishi, Vice President of Product and Partnerships at Kasten by Veeam. “Kasten K10 V6.0 addresses these issues head on, introducing intelligence and automation at all layers of the backup and recovery process with deep ecosystem integrations including Red Hat OpenShift for enterprise grade data protection. We also remove friction from the process by aligning with the tools and processes customers already use.”
New capabilities of Kasten K10 V6.0 include:
“The increasingly intricate and sophisticated nature of Kubernetes clusters makes deploying new services and ensuring adequate data protection for them a daunting task,” said Danny Allan, CTO and Senior Vice President of Product Strategy at Veeam. “With Kasten K10 V6.0 integrated into the Veeam Data Platform, customers can reduce complexity in their Kubernetes deployments, allowing their cloud native environments to reach their full potential. At the same time, the new release helps them double down on data protection and security resilience at a time when they can’t afford to compromise on either factor.”
Kasten by Veeam continues to be the acknowledged leader in the Kubernetes data backup and recovery market, as recognized by many industry accolades. One recent example is the 2023 edition of GigaOm Radar for Kubernetes Data Protection, in which Kasten by Veeam is featured as both a Leader and Outperformer, the only vendor achieving such a distinction for three years in a row since the inception of the report. This explains the considerable and accelerating momentum Kasten by Veeam is enjoying in the marketplace, yielding near triple digit, year-over-year-growth in fiscal year 2022.
General availability of the new Kasten K10 V6.0 is expected in late Q2 and will be featured during both Red Hat Summit and VeeamON 2023, the community event for data recovery experts, taking place online May 22-24 and in person in Miami, Fla. Designed by and built for the backup and recovery professional, attendees will expand their skills, learn how to protect their businesses from ransomware, and share industry knowledge with exclusive content from Microsoft, AWS, Hewlett Packard Enterprise and more. Registration for the in-person event and the virtual option is now open.
For more information, please visit www.kasten.io or try K10 for FREE.
Supporting Quotes
“As the number of containers running in production continues to increase, organizations need security and data protection capabilities that are able to scale with their deployments. Through our collaboration with Kasten by Veeam, we are providing customers with additional flexibility and choice in how they protect their Kubernetes workloads.” – Kirsten Newcomer, Director, Cloud and DevSecOps Strategy, Red Hat
“Ransomware attacks are more prevalent than ever before, and it is no longer an option for companies to opt for solutions that do not offer the necessary protection, recovery and threat detection capabilities. Kasten by Veeam’s Kasten K10 v6.0 provides detection capabilities, immutable backups and instant recovery to address this, but perhaps more importantly, this release also introduces automation and efficiency capabilities to open the doors for large-scale container protection deployment – an inevitability for any company using containers seriously.” – Johnny Yu, Research Manager, Storage and Computing at IDC
About Kasten by Veeam
Kasten by Veeam is the leader in Kubernetes backup and disaster recovery. Its solution helps enterprises overcome Day 2 data management challenges to confidently run applications on Kubernetes. Kasten K10, its data protection platform purpose-built for Kubernetes, provides enterprise operations teams an easy-to-use, scalable, and secure system for backup/restore, disaster recovery, and application mobility with unparalleled operational simplicity. Kasten is an independent Kubernetes business unit within Veeam. For more information, visit www.kasten.io or follow @kastenhq on Twitter.
Contacts:
Laura Zene-Boyd
for Kasten by Veeam
lzeneboyd@pancomm.com
Veeam Software
Director, Global Public Relations
Heidi Monroe Kroft, 614-339-8200 x8309
Source: Kasten by Veeam
MIAMI, FL – May 23, 2023 — / BackupReview.info / — 11:11 Systems (“11:11”), a managed infrastructure solutions provider, today announced it has been selected as the 2022 Veeam Cloud & Service Provider of the Year, North America by Veeam® Software, the leader in Data Protection and Ransomware Recovery. 11:11 Systems has established an impressive track record, having been honored as the Veeam Cloud & Service Provider (VCSP) Impact Partner of the Year, North America six times and a Veeam Innovation Award winner four times.
11:11 Systems was recognized as Veeam Cloud & Service Provider of the Year, North America, in recognition of the partner who shows the most progress, growth, and dedication toward Veeam business and selling Veeam cloud-based solutions. Additionally, 11:11 Systems was honored with a Veeam Innovation Award for 11:11 Cyber Incident Recovery. The awards are held annually to reward the outstanding success and the commitment of Veeam ProPartner Value-Added Resellers (VAR) and Veeam Cloud & Service Provider (VCSP) partners. With a 100 percent channel ecosystem, Veeam recognizes partners who have not only demonstrated success providing Veeam solutions to joint customers, but who have also surpassed expectations in delivering industry-leading solutions and services that keep businesses running. Winners were celebrated during VeeamON 2023, the community event for data recovery experts of the year, taking place in Miami, FL May 22 – 24.
“In today’s ever-evolving cybersecurity landscape where mission critical data and applications span data centers, public clouds and SaaS platforms, many organizations find themselves ill-prepared to protect these vital assets. Together with Veeam and our mutual partners, we are committed to ensuring our customers’ applications and data are running, accessible, and protected globally. This commitment to cyber resiliency uniquely positions 11:11 as a market leader,” said Dante Orsini, chief strategy officer at 11:11 Systems. “We are proud to receive the esteemed title of Veeam Cloud & Service Provider of the Year, North America. Looking ahead, we anticipate further growth as we partner to continue addressing organizations’ critical cybersecurity needs.”
The industry-leading combination of 11:11 Systems and Veeam technology offer customers comprehensive solutions and unmatched expertise to help organizations address escalating cyberattacks and protect their data, no matter where it lives. These solutions include 11:11 Cyber Incident Recovery, 11:11 Cloud Backup for Veeam Cloud Connect, 11:11 Cloud Backup for Microsoft 365, 11:11 Cloud Object Storage and 11:11 Disaster Recovery as a Service for Veeam, which provide direct integration and 100 percent compatibility with Veeam’s industry-leading backup and replication software.
“The Veeam Cloud Protection Trends Report for 2023 found that 98% of organizations utilize a cloud-hosted infrastructure as part of their data protection strategy,” said Matt Kalmenson, vice president of Global Cloud and Service Providers at Veeam. “As the demand for cloud is accelerated by remote workforces and hybrid work environments, service providers are increasing their cloud strategy to remain competitive and provide differentiated cloud solutions and services. I am proud to recognize our partners’ excellent achievements and celebrate our award winners for their dedication to our joint success.”
Learn more about 11:11 Cyber Incident Recovery here — https://1111systems.com/services/cyber-incident-recovery/
ABOUT 11:11 SYSTEMS
11:11 Systems is a managed infrastructure solutions provider that holistically addresses the challenges of next-generation managed cloud, connectivity and security requirements. The 11:11 model empowers customers and partners to “Rethink Connected,” which includes integrated services that deliver increased performance, optimization and savings. Learn more at 1111Systems.com
Media Contact:
Rolyn Parker
news@1111systems.com
Source: 11:11 Systems
MIAMI, Fla.- VeeamON — May 23, 2023 — / BackupReview.info / — Organizations of all sizes are increasingly falling victim to ransomware attacks and inadequately protecting against this rising cyberthreat. According to new data in the Veeam® 2023 Ransomware Trends Report, one in seven organizations will see almost all (>80%) data affected as a result of a ransomware attack – pointing to a significant gap in protection. Veeam Software, the leader in Data Protection and Ransomware Recovery, found that attackers almost always (93%+) target backups during cyber-attacks and are successful in debilitating their victims’ ability to recover in 75% of those events, reinforcing the criticality of immutability and air gapping to ensure backup repositories are protected.
The Veeam 2023 Ransomware Trends Report shares insights from 1,200 impacted organizations and nearly 3,000 cyber-attacks, making it one of the largest reports of its kind. The survey examines key takeaways from these incidents, their impact on IT environments and the steps taken, or needed, to implement data protection strategies that ensure business resiliency. This research report encompasses four different roles involved in cyber-preparedness and/or mitigation including, security professionals, CISOs or similar IT executives, IT Operations generalists, and backup administrators.
“The report shows that today it’s not about IF your organization will be the target of a cyber-attack, but how often. Although security and prevention remain important, it’s critical that every organization focuses on how rapidly they can recover by making their organization more resilient,” said Danny Allan, CTO at Veeam. “We need to focus on effective ransomware preparedness by focusing on the basics, including strong security measures and testing both original data and backups, ensuring survivability of the backup solutions, and ensuring alignment across the backup and cyber teams for a unified stance.”
Paying the ransom does not ensure recoverability
For the second year in a row, the majority (80%) of the organizations surveyed paid the ransom to end an attack and recover data – now up 4% compared to the year prior – despite 41% of organizations having a “Do-Not-Pay” policy on ransomware. Still, while 59% paid the ransom and were able to recover data, 21% paid the ransom yet still didn’t get their data back from the cyber criminals. Additionally, only 16% of organizations avoided paying ransom because they were able to recover from backups. Sadly, the global statistic of organizations able to recover data themselves without paying ransom is down from 19% in last year’s survey.
To avoid paying ransom, your backups must survive
Following a ransomware attack, IT leaders have two choices: pay the ransom or restore-from-backup. As far as recovery goes, the research reveals that in almost all (93%) cyber-events, criminals attempt to attack the backup repositories, resulting in 75% losing at least some of their backup repositories during the attack, and more than one-third (39%) of backup repositories being completely lost.
By attacking the backup solution, attackers remove the option of recovery and essentially force paying the ransom. While best practices – such as securing backup credentials, automating cyber detection scans of backups, and auto verifying that backups are restorable – are beneficial to protect against attacks, the key tactic is to ensure that the backup repositories cannot be deleted or corrupted. To do so, organizations must focus on immutability. The good news is that based on lessons learned from those who had been victims – 82% use immutable clouds, 64% use immutable disks, and only 2% of organizations do not have immutability in at least one tier of their backup solution.
Do not re-infect during recovery
When respondents were asked how they ensure that data is ‘clean’ during restoration, 44% of respondents complete some form of isolated-staging to re-scan data from backup repositories prior to reintroduction into the production environment. Unfortunately, that means that the majority (56%) of organizations run the risk of re-infecting the production environment by not having a means to ensure clean data during recovery. This is why it is important to thoroughly scan data during the recovery process.
Other key findings from the Veeam 2023 Ransomware Trends Report include:
The full Veeam 2023 Ransomware Trends Report is available for download at https://www.veeam.com/ransomware-trends-report-2023, and as part of sessions at VeeamON 2023, the community event for data recovery experts, taking place online May 22-24 and in person in Miami, Fla. Designed by and built for the backup and recovery professional, attendees will expand their skills, learn how to protect their businesses from ransomware, and share industry knowledge with exclusive content from Microsoft, AWS, Hewlett Packard Enterprise and more. Registration for the in-person event and the virtual option is now open.
About the Report
Veeam commissioned independent market research company, Vanson Bourne, to conduct a survey of 1,200 unbiased IT leaders regarding the impact of ransomware within their environments, as well as their IT strategies and data protection initiatives moving forward. All survey respondents suffered at least one successful cyber-attack in 2022. Respondents represented organizations of all sizes from 14 different countries in APJ, EMEA and the Americas.
For more information, visit https://www.veeam.com
About Veeam Software
Veeam provides organizations with resiliency through data security, data recovery and data freedom for their hybrid cloud. The Veeam Data Platform delivers a single solution for Cloud, Virtual, Physical, SaaS and Kubernetes environments that give businesses peace of mind their apps and data are protected and always available so that they can keep their businesses running. Headquartered in Columbus, Ohio, with offices in more than 30 countries, Veeam protects over 450,000 customers worldwide, including 82% of the Fortune 500 and 72% of the Global 2,000. Veeam’s global ecosystem includes 35,000+ technology partners, resellers, service providers, and alliance partners. To learn more, visit www.veeam.com or follow Veeam on LinkedIn @veeam-software and Twitter @veeam.
Contact:
Veeam Software
Director, Global Public Relations
Heidi Monroe Kroft, 614-339-8200 x8309
Source: Veeam
ANN ARBOR, Mich. – May 23, 2023 — / BackupReview.info / — OTAVA®, a global leader in custom and compliant multi-cloud solutions, today announced the appointment of Cyndi Lyon to Vice President of Customer Experience and Strategy. This role underscores the company’s dedication to its customer-first approach. Lyon will oversee all aspects of customers’ experience with OTAVA to elevate results and satisfaction.
Photo: Cyndi Lyon
“As a cloud computing and IT service provider, OTAVA has always prided itself on its customer-first approach and high-touch support model,” said Tom Wilten, President and General Manager, OTAVA. “We’re elevating our customer-centric stance even further with this intentional focus and commitment. Cyndi will apply her passion, leadership skills, and vast knowledge to advancing the customer experience from start to finish. In doing so, she will propel our guiding principles of customer advocacy and excellence into action and contribute to our legacy of exceptionalism.”
In her new role, Lyon will be responsible for activating customer experience (CX) strategies to deliver differentiated experiences that build customer loyalty and advocacy. This includes championing best practices, serving as the voice of the customer across the organization, driving engagement, building loyalty, and maintaining responsibility for the overall satisfaction of customers.
“Cyndi has proven her outstanding leadership across the organization, and she has been instrumental in our success. Dedication to customer experience is essential to our unique position in the market and we are thrilled to have her leading this operation,” concluded Wilten.
Lyon is a seasoned executive with nearly 30 years of experience. She joined OTAVA in 2018 and was most recently the head of OTAVA’s product, marketing, and business strategy. Earlier she led the company’s operations team where she was responsible for ensuring the development and implementation of efficient processes and systems for the business. Currently, Lyon is pursuing a master’s degree in Customer Experience Management from Michigan State University.
“For technology companies especially, customer experience is what it all comes down to,” said Lyon. “OTAVA is an impressive organization filled with talented professionals. I am eager to work collaboratively with all of our teams as well as with our great customers to create the best possible experiences that lead to extraordinary and lasting success.”
Prior to joining OTAVA, Lyon was the Director of Professional Services with Foresee where she set the onboarding strategy for customers and developed the professional services consultant organization’s team and product offerings. Earlier, she was a City Planning Director in Michigan, where she established the city’s first Planning Department.
About OTAVA
OTAVA is a global, recognized leader in delivering secure multi-cloud solutions with a personal touch. Its extensive portfolio is powered by world-class technology partners, backed with expert intelligence, and tailored to help businesses and service providers achieve their individual goals while protecting mission-critical data. With its flexible solutions, fortified security, colocation offerings, and professional services, OTAVA empowers its clients with everything they need to thrive in the cloud and stay focused on what they do best. To learn how OTAVA can maximize your potential, go to OTAVA.com and follow us on LinkedIn, Twitter, and Facebook.
Media Contact:
Christy Kemp
ckemp@dahliapr.com
Source: OTAVA
LONDON, UK – May 23, 2023 — / BackupReview.info / — Rubrik, the zero-trust data security company, has named Toby Keech as vice president for Ireland and the UK.
In this role, Keech will focus on expanding Rubrik’s data security leadership across the region, further developing the company’s sales strategy and go-to-market function.
Keech brings over two decades of technology and cybersecurity sales leadership experience to this role. He joins Rubrik from Zscaler, where he has spent the last four years leading UK&I and MEA business units. Before this, he held senior sales roles at a number of technology businesses, supporting these organisations through acquisitions by the likes of NetApp and HP.
His appointment comes on the heels of a new study by Rubrik Zero Labs which highlighted the extent of the global ransomware challenge, with nearly three-quarters (72%) of organisations reporting paying ransom, while only 16% recovered all data after paying up. Keech will build on the company’s recent successes, having announced it has surpassed 5000 global customers and $500 million in software subscription annual recurring revenue (ARR).
“Ransomware continues to threaten the UK&I economy. Attack surfaces are expanding and organisations are sitting on a growing ocean of data that needs to be secured,” said Keech. “There’s a real demand and need for Rubrik’s industry-leading technology. Being a part of Rubrik’s prominent leadership team at this time was an opportunity I could not turn down. I’m excited to join an already fantastic team and continue to support our UK&I customer base to secure their data.”
“A typical organisation has nearly 25 million sensitive data records. And, if you consider the average growth of data in 2022, that will increase by at least 25% before this year’s out. That data is now constantly under attack and IT and security leaders have to be right every time, whereas cybercriminals need only hit the jackpot once. That’s why it’s so important to have experienced industry figures within our leadership team to continue tackling this issue for our customers, said Dean Yates, VP Western and Southern Europe, Rubrik.
“We are thrilled to have Toby join us at such a pivotal time for the UK&I business, bringing his wealth of security leadership experience to the Rubrik family.”
About Rubrik
Rubrik is on a mission to secure the world’s data. With Zero Trust Data Security™, we help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, secures data across enterprise, cloud, and SaaS applications. We help organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked.
For more information please visit www.rubrik.com and follow @rubrikInc on Twitter and Rubrik, Inc. on LinkedIn.
Rubrik Media Contact:
Kelsey Shively
Senior Director, Global Communications, Rubrik
kelsey.shively@rubrik.com
www.rubrik.com
Source: Rubrik
23 May
SAN ANTONIO, TX – May 23, 2023 — / BackupReview.info / — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, today announced that audio-visual Integrator, CCS Presentation Systems, completed a complex cloud transition and improved security, scalability and productivity with a move to a cloud-native environment while optimizing its remote workforce and reducing its Total Cost of Ownership (TOC) with Rackspace Technology consulting and advisory services and Rackspace Elastic Engineering for Microsoft® Azure®.
CCS Presentation Systems is a leader in the commercial audio-visual integrator industry; CCS helps clients present a better image of themselves through technology. Founded 1981 in Scottsdale, Arizona, CCS has more than 350 employees and maintains a presence in 21 states and Washington, D.C.
With a firm deadline for moving to a new headquarters, CCS needed to move its business-critical IT infrastructure, including Active Directory and file servers, data storage, and disaster recovery from its on-premises environment. CCS partnered with Rackspace Technology to implement cloud networking, servers, and storage with backup and recovery services to achieve this complex migration.
“The objective was to reduce CCS’s reliance on a physical apparatus and transition its users to cloud-based technologies,” said D K Sinha, Rackspace Technology, President of Public Cloud. “The Rackspace and CCS teams worked together to troubleshoot the issue, electing to use the recently launched standard network features for Microsoft Azure.”
To execute the migration initiative, CCS had to switch to a new software-defined wide area network (SD-WAN) provider, set up thin client terminals and synthesize a solution that addressed the design constraints imposed by the SD-WAN provider and the Microsoft networking stack. The team adapted by leveraging a Microsoft networking stack for the file service and leveraged Microsoft Azure Virtual Desktops.
In just two months, CCS was able to transition to Microsoft Azure Virtual Desktop while, at the same time, moving to its new headquarters. The move resulted in a reduction in downtime and an increase in workplace productivity. Removing aging technology and transitioning to a cloud-based approach has helped CCS save time and costs and improve performance while enabling the company to avoid upgrading equipment every few years.
“Partnering with Rackspace was instrumental for designing and implementing cloud-based solutions that enabled us to take our digital evolution to the next level because we didn’t have to hire several skilled individuals to make it happen,” said David Glockner, Director of IT, CCS Presentation Services. “Thanks to Rackspace Elastic Engineering, which was crucial, I could rely on a pod of resources as needed, and our employees have been excited to experience the new technology. To many, it seems new and alien. But once they caught on, it’s exciting to watch them say, ‘Wow, this is cool!”
Click here to read more about the CCS Presentation System’s Cloud Migration — https://www.rackspace.com/case-studies/ccs-presentation-systems
About Rackspace Technology
Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.
Media Contact:
Natalie Silva
publicrelations@rackspace.com
Source: Rackspace Technology
22 May
SAN MATEO, CA – May 22, 2023 — / BackupReview.info / — Backblaze, Inc. (Nasdaq: BLZE), the leading specialized storage cloud platform, recently shared news of a new disaster recovery service built on the B2 Cloud Storage: Continuity Centers’ Cloud Instant Business Recovery (Cloud IBR) which instantly recovers Veeam backups from from the Backblaze B2 Storage Cloud.
Instant Business Recovery follows Backblaze’s Instant Recovery in Any Cloud, launched in May 2022. Building on the original Infrastructure as Code (IaC) package, Cloud IBR is the second generation solution that further simplifies disaster recovery plans. The easy to use interface and affordability make Cloud IBR an ideal disaster recovery solution designed for small and medium size businesses (SMBs) who are typically priced out of effective disaster recovery solutions. Additionally, Continuity Centers combines the automation-driven Veeam REST API calls with phoenixNAP Bare Metal Cloud platform into a unified system, to completely streamline the user experience.
The fully-automated service deploys a recovery process through a simple web UI, and in the background, uses phoenixNAP’s Bare Metal Cloud servers to import Veeam backups stored in Backblaze B2 Cloud Storage, and fully restores the customer’s server infrastructure. The solution hides the complexity of dealing with automation scripts and APIs and offers a simple interface to stand up an entire cloud infrastructure when you need it, paying only for the duration you need it for.
“Cloud IBR gives small and mid-market companies the highest level of business continuity available, against disasters of all types. It’s a simple and accessible solution for SMBs to embrace,” said Gregory Tellone, CEO of Continuity Centers. “We developed this solution with affordability and availability in mind, so that businesses of all sizes can benefit from our decades of disaster recovery experience, which is often financially out of reach for the SMB.”
Previously, mid-market businesses were underserved by disaster recovery and business continuity planning because the requirements and efforts are often foregone due to more immediate business demands. Additionally, many disaster recovery solutions are designed for larger size companies and do not meet the specific needs for SMBs. Cloud IBR allows businesses of all sizes to instantly stand up their entire server infrastructure in the cloud, at a moment’s notice with a single click, making it easy to plan for and easy to execute.
Additionally, the Cloud IBR Silver Package will be offered at no cost for one year to any Veeam customers that purchase Backblaze’s B2 Reserve. Those customers can activate Cloud IBR within 30 days of purchasing Backblaze’s B2 Reserve service.
“Launching Cloud IBR is taking our technology a step further in making disaster recovery from ransomware more accessible to small and mid-size businesses at a time when it’s needed more than ever,” said Nilay Patel, Co-Founder and Vice President of Sales at Backblaze. “We are excited to work with a disaster recovery specialist like Continuity Centers to bring a simple and affordable disaster recovery solution to businesses who need it the most.”
Backblaze provides developers, businesses, and consumers with cloud services to store and use their data in an easy and affordable manner, serving as a foundation for customers to back up and archive data, host content, manage media, build applications, and more. Backblaze’s mission is to make storing and using data astonishingly easy.
To learn more about Cloud IBR, visit https://cloudibr.com
About Backblaze
Backblaze makes it astonishingly easy to store, use, and protect data. The Backblaze Storage Cloud provides a foundation for businesses, developers, IT professionals, and individuals to build applications, host content, manage media, backup and archive data, and more. With over two billion gigabytes of data storage under management, the company currently works with more than 500,000 customers in over 175 countries. Founded in 2007, the company is based in San Mateo, CA. For more information, please go to www.backblaze.com.
Press Contacts:
Jeanette Foster
Communications Manager, Backblaze
jfoster@backblaze.com
Treble
Jim Cameron
backblaze@treblepr.com
Source: Backblaze
MIAMI, Florida — May 22, 2023 — / BackupReview.info / — Veeam® Software, the leader in Data Protection and Ransomware Recovery, has announced the winners of the eighth annual Veeam Impact Partner Awards for North America during VeeamON 2023 in Miami, FL. The awards are held annually to reward the outstanding success and the commitment of Veeam ProPartner Value-Added Resellers (VAR) and Veeam Cloud & Service Provider (VCSP) partners. With a 100 percent channel ecosystem, Veeam recognizes partners who have not only demonstrated success providing Veeam solutions to joint customers, but who have also surpassed expectations in delivering industry-leading solutions and services that keep businesses running.
“Business leaders are facing increased challenges in this era of heightened cyber-attacks and ransomware,” said Kevin Rooney, vice president of Americas channel at Veeam. “We believe the combination of great technology and strong partnerships is what can help organizations protect themselves from these threats and, if the worst happens, enable them to rapidly recover and keep their business running. I’m extremely proud of our 2022 Veeam Partner of the Year Awards winners and am excited to celebrate their achievements this week as part of VeeamON 2023.”
The following VAR partners received honors for the 2022 Veeam Partner of the Year Awards:
The following VCSP partners received honors for the 2022 Veeam Partner of the Year Awards:
“The Veeam Cloud Protection Trends Report for 2023 found that 98% of organizations utilize a cloud-hosted infrastructure as part of their data protection strategy,” said Matt Kalmenson, vice president of Global Cloud and Service Providers at Veeam. “As the demand for cloud is accelerated by remote workforces and hybrid work environments, service providers are increasing their cloud strategy to remain competitive and provide differentiated cloud solutions and services. I am proud to recognize our partners’ excellent achievements and celebrate our award winners for their dedication to our joint success.”
The Veeam ProPartner Network is a global ecosystem of partners that work directly and indirectly with one another to build, market, and sell Veeam-powered services and solutions. Veeam is dedicated to helping its partners succeed. ProPartner VAR and VCSP partners have access to customizable programs, tools and resources designed to enable them to become more profitable and drive business growth, customer trust and competitive advantage according to their business models and objectives. To learn more about the ProPartner Network, please visit https://www.veeam.com/partner-with-veeam. Existing ProPartners can explore further here: https://propartner.veeam.com.
For more information, visit www.veeam.com
About Veeam Software
Veeam® provides organizations with resiliency through data security, data recovery and data freedom for their hybrid cloud. The Veeam Data Platform delivers a single solution for Cloud, Virtual, Physical, SaaS and Kubernetes environments that give businesses peace of mind their apps and data are protected and always available so that they can keep their businesses running. Headquartered in Columbus, Ohio, with offices in more than 30 countries, Veeam protects over 450,000 customers worldwide, including 82% of the Fortune 500 and 72% of the Global 2,000. Veeam’s global ecosystem includes 35,000+ technology partners, resellers, service providers, and alliance partners. To learn more, visit www.veeam.com or follow Veeam on LinkedIn @veeam-software and Twitter @veeam.
Contact:
Veeam Software
Director, Global Public Relations
Heidi Monroe Kroft, 614-339-8200 x8309
Source: Veeam
22 May
SAN ANTONIO, TX – May 22, 2023 — / BackupReview.info / — CyberFortress, a global specialist provider of managed data backup services built to prevent business disruption through rapid recovery, is set to showcase its latest SaaS backup and recovery solution at the VeeamON 2023 event in Miami. CyberFortress’ Salesforce Cloud Backup, Powered by Veeam will be revealed at the community event for data recovery experts; which is scheduled to take place on May 22-24, 2023. The annual Veeam data protection event will feature a range of demos and presentations on the latest trends and technologies.
Attendees will have the opportunity to participate in ‘first look’ live demos at the CyberFortress’ Backup City booth, which will offer the best hands-on technical knowledge in data recovery. Visitors to the booth can expect to learn about the latest developments in cloud backup and recovery solutions, including the widely anticipated reveal of CyberFortress’ Salesforce Cloud Backup, Powered by Veeam.
The Salesforce Cloud Backup demo will showcase the most user-requested features and answer technical questions for attendees as they learn how to reduce complexity, time, and risk by partnering with a Veeam Cloud Service Provider to:
“As a tenured Veeam Platinum Cloud Service Provider, we’re proud to showcase our latest SaaS backup and recovery solution at VeeamON 2023. We believe that CyberFortress’ Salesforce Cloud Backup, Powered by Veeam fulfills a critical niche for our Veeam Cloud customers, it makes Salesforce backup fast and simple; which any IT professional will tell you can’t be overvalued when your organization’s critical sales data has just been taken out,” said Bret Piatt, CEO, at CyberFortress. “The demos will provide attendees with the best hands-on technical knowledge in data recovery and we can’t wait to show off our latest innovations.”
Another ‘first look’ demo CyberFortress will feature at VeeamON 2023 is the new Veeam Service Provider Console integration functionality for their Microsoft 365 Backup, Powered by Veeam solution. Attendees will learn how they can increase ease of use and ensure their data backup success is monitored according to their business protocols by highlighting:
CyberFortress will be onsite in Miami in the Solutions Expo and virtual at VeeamON 2023 from May 22-24, 2023. Attendees will be able to participate in the live Salesforce Cloud Backup and Microsoft 365 Integration demos presented by Jonah May, CyberFortress Product Architect and Veeam Vanguard. To find the demos, visitors should go to CyberFortress’ Backup City booth, which is conveniently located right next to the Partner Theater.
Whether attending in person or virtually, attendees won’t want to miss out on the educational and fun experience that CyberFortress has to offer at VeeamON 2023.
CyberFortress was one of the first to join the Veeam Cloud & Service Provider Program and achieve platinum status. They’ve been named Veeam Cloud Service Provider Partner of the Year repeatedly and previously won Best of Show in the annual Veeam Innovation Awards.
CyberFortress Salesforce Backup, Powered by Veeam will be available Q4 2023.
About CyberFortress
CyberFortress is a global company that makes it simple to fully back up and rapidly recover all lost or stolen data to prevent damage and disruption to organizations of all sizes. Data is stored in secure, geo-redundant facilities, and our suite of solutions enables our data recovery specialists to create a custom, comprehensive solution for each customer. Whenever a customer needs data recovery, they receive live, personalized support from a credentialed specialist, every hour of every day of the year.
CyberFortress is based in San Antonio, Texas. For more information, please visit https://cyberfortress.com/ or follow CyberFortress on LinkedIn @cyberfortress or Twitter @CyberFortress
Media Contact
Sonhy Caballero
CyberFortress
1 855-773-8223
marketing@cyberfortress.com
www.cyberfortress.com
Source: CyberFortress
MIAMI, Florida — May 23, 2023 — / BackupReview.info / — Veeam® Software, the leader in Data Protection and Ransomware Recovery, has announced the winners of the eighth annual Veeam Impact Partner Awards for Latin America during VeeamON 2023 in Miami, FL. The awards are held annually to reward the outstanding success and commitment of Veeam ProPartner Value-Added Resellers (VAR) and Veeam Cloud & Service Provider (VCSP) partners. With a 100 percent channel ecosystem, Veeam recognizes partners who have not only demonstrated success providing Veeam solutions to joint customers, but who have also surpassed expectations in delivering industry-leading solutions and services that keep businesses running.
“Business leaders are facing increased challenges in this era of heightened cyber-attacks and ransomware,” said Kevin Rooney, vice president of Americas channel at Veeam. “We believe the combination of great technology and strong partnerships is what can help organizations protect themselves from these threats and, if the worst happens, enable them to rapidly recover and keep their business running. I’m extremely proud of our 2022 Veeam Partner of the Year Award Latin American winners and am excited to celebrate their achievements this week as part of VeeamON 2023.”
The following Veeam partners received honors for the 2022 Veeam Partner of the Year Awards:
The following VCSP partners received honors for the 2022 Veeam Partner of the Year Awards:
“As the demand for data protection is accelerated by remote workforces and hybrid work environments, organizations are standardizing their protection capabilities across their data center, IaaS and SaaS workloads,” said Mauricio Gonzalez, vice president of LATAM at Veeam. “I am proud to recognize our partners’ excellent achievements and celebrate our award winners for their dedication to our joint success. We were recently named #1 position in LATAM in IDC’s Worldwide Semiannual Software Tracker 2022H2 for Data Replication & Protection software, a big thank you to our partners we couldn’t achieve this without their support.”
“With the recent launch of the NEW Veeam Competency Program that provides dedicated expertise and resources to support customers and fellow partners using the recently launched Veeam Data Platform, we are confident our partners will have an even greater competitive edge,” said Sara Wilson, Senior director of LATAM Channel at Veeam. “I want to congratulate our LATAM partners who have been key to Veeam’s growth. LATAM is an extremely important region for Veeam and collaboration with our partners is key to our mission of keeping our customers’ business running.”
The Veeam ProPartner Network is a global ecosystem of partners that work directly and indirectly with one another to build, market, and sell Veeam-powered services and solutions. Veeam is dedicated to helping its partners succeed. ProPartner VAR and VCSP partners have access to customizable programs, tools and resources designed to enable them to become more profitable and drive business growth, customer trust and competitive advantage according to their business models and objectives. To learn more about the ProPartner Network, please visit https://www.veeam.com/partner-with-veeam. Existing ProPartners can explore further here: https://propartner.veeam.com.
For more information, visit www.veeam.com/es-lat
About Veeam Software
Veeam® provides organizations with resiliency through data security, data recovery and data freedom for their hybrid cloud. The Veeam Data Platform delivers a single solution for Cloud, Virtual, Physical, SaaS and Kubernetes environments that give businesses peace of mind their apps and data are protected and always available so that they can keep their businesses running. Headquartered in Columbus, Ohio, with offices in more than 30 countries, Veeam protects over 450,000 customers worldwide, including 82% of the Fortune 500 and 72% of the Global 2,000. Veeam’s global ecosystem includes 35,000+ technology partners, resellers, service providers, and alliance partners. To learn more, visit www.veeam.com or follow Veeam on LinkedIn @veeam-software and Twitter @veeam.
Contact:
Veeam Software
Director, Global Public Relations
Heidi Monroe Kroft, 614-339-8200 x8309
Source: Veeam
HERNDON, VA – May 19, 2023 — / BackupReview.info / — ePlus inc. (NASDAQ NGS: PLUS – news) today announced that it has been named the winner of Rubrik’s 2023 Global Partner Award for Public Sector Partner of the Year. Rubrik also recognized an ePlus account executive as its North American Partner Sales Champion of the Year. The Rubrik Global Partner Awards highlight partners that have demonstrated excellence in delivering Rubrik’s data security solutions and innovation to their customers.
“We are excited to receive this recognition and are proud of the work our teams are doing with Rubrik to make the world a more secure place,” said Ken Farber, president of software, and leading partnerships, marketing and strategy at ePlus. “As the threat landscape continues to rapidly evolve, ePlus is committed to helping our customers achieve peace of mind around the safety and security of their data. Knowing what to protect and how to protect it is critical to the successful operations of every organization, and our work with Rubrik can help customers navigate the best options for their environment.”
Winners of the Global Partner Awards were announced at the Partner Forum on May 17. The Forum brings together Rubrik leadership with its top partners to explore how organizations across a range of industries have implemented data security and cyber resiliency to address cyberattacks and the ever-evolving threat landscape.
“We are excited to unveil and congratulate the winners of this year’s Rubrik’s Global Partner Awards,” said Ghazal Asif, Vice President, Global Channels & Alliances at Rubrik. “Rubrik is on a mission to secure the world’s data and we’re thrilled to recognize the outstanding work of our partner ecosystem that brings this mission to life. Together, we are helping organizations around the world become cyber resilient in the face of ever-evolving cyber threats.”
For more information on ePlus’ partnership with Rubrik, please visit our Rubrik partner page.
About ePlus inc.
ePlus has an unwavering and relentless focus on leveraging technology to create inspired and transformative business outcomes for its customers. Offering a robust portfolio of solutions, as well as a broad range of consultative and managed services across the technology spectrum, ePlus has proudly achieved more than 30 years of success, carrying customers forward through adversity, rapidly changing environments, and other obstacles. ePlus is a trusted advisor, bringing expertise, credentials, talent and a thorough understanding of innovative technologies, spanning security, cloud, data center, networking, collaboration and emerging solutions, to organizations across all industry segments. With complete lifecycle management services and flexible payment solutions, ePlus’ more than 1,700 associates are focused on cultivating positive customer experiences and are dedicated to their craft, harnessing new knowledge while applying decades of proven experience. ePlus is headquartered in Virginia, with locations in the United States, UK, Europe, and Asia–Pacific. For more information, visit www.eplus.com, call 888-482-1122, or email info@eplus.com. Connect with ePlus on LinkedIn, Twitter, Facebook, and Instagram. ePlus, Where Technology Means More®.
ePlus®, Where Technology Means More®, and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries. The names of other companies, products, and services mentioned herein may be the trademarks of their respective owners.
Forward-Looking Statements
This press release contains information about management’s view of ePlus’ future expectations, plans and prospects that are not historical facts and may be deemed to be “forward-looking statements.” Actual and anticipated future results may vary materially due to certain risks and uncertainties. Certain risks and uncertainties that may affect such “forward-looking statements” are detailed in our reports filed with the Securities and Exchange Commission, especially under the heading “Risk Factors”. All information set forth in this press release is current as of the date of this release and ePlus expressly disclaims any duty or obligation to update this information, except as may be required by law.
Contact:
Kleyton Parkhurst, SVP
ePlus, Inc.
kparkhurst@eplus.com
703-984-8150
Source: ePlus, Inc.
18 May
BOSTON, MA – May 18, 2023 — / BackupReview.info / — Zerto, a Hewlett Packard Enterprise company, has today announced the launch of a new real-time encryption detection mechanism and air-gapped recovery vault for enhanced hybrid cloud protection and security against cyber threats. These new features are part of Zerto 10, which includes advanced detection mechanisms that allow users to monitor for encryption-based anomalies, enabling organizations to pinpoint and mitigate the early stages of a potential ransomware attack. The Cyber Resilience Vault provides the ultimate layer of protection allowing for clean copy recovery from an air-gapped solution if a replication target is also breached.
Zerto 10 provides a new critical tool for ransomware resilience and real-time encryption anomaly detection. This capability monitors and reports on encryption as data streams in and can detect anomalous activity within minutes to alert users of suspicious activity. This diagnostic capability can provide early warning of a potential ransomware attack — unlike backup solutions, which can be up to a day old — and help pinpoint when an attack was initiated, so data can be recovered to a point seconds before it began.
The new Zerto Cyber Resilience Vault adds another layer of security with the real-time early warning system. The vault has three core pillars: replicate and detect, isolate and lock, and test and recover. Together with the vault’s zero trust architecture, these pillars enable rapid air-gapped recovery in a highly secure environment. With the new Cyber Resilience Vault, enterprises can architect and customize an ironclad recovery vault designed for mitigating the most devastating ransomware scenarios. Zerto’s Cyber Resilience Vault combines security and performance to meet today’s regulatory and compliance requirements.
In addition, Zerto 10 offers a turnkey Zerto Virtual Manager Appliance, which deploys quickly and securely as a new, security-hardened virtual appliance. Replacing the legacy Windows-based Zerto Virtual Manager (ZVM), the new Linux-based appliance is easier to deploy, more secure, and maintained automatically as part of regular Zerto product updates. For those upgrading from legacy ZVMs, settings from existing ZVMs can be seamlessly migrated to the new appliance.
“Zerto 10 is a highly innovative approach for delivering both real-time encryption detection and an air-gapped data recovery vault,” commented Deepak Verma, VP of product for Zerto. “Zerto’s enhanced functionality will ensure users can achieve one of the fastest times to protect, detect, and recover from ransomware attacks in their environments in the industry. The addition of enhanced Microsoft Azure disaster recovery demonstrates our commitment to providing our customers with the most advanced and secure solution available.”
“Zerto’s been an integral part of our disaster recovery strategy for several years. We are very happy with the performance, ease of use, and the technical help we get from Zerto. We’ve recently upgraded to the latest Linux Zerto Virtual Manager and tested the ransomware detection and protection capabilities of Zerto 10. We believe Zerto 10 will play a key role in delivering effective data protection and disaster recovery in an environment of increased cyber threats,” said Steve Smith, network administrator at Unverferth Manufacturing. “Its real-time ransomware detection puts us in a much stronger position to both identify and mitigate ransomware attacks. This gives us confidence that we can proactively meet the risks presented by ransomware and achieve the business goals we have in place.”
“As businesses continue to focus on resilience and continuous availability, the real-time ransomware detection capabilities offered by Zerto 10 are increasingly important to both maintaining an effective security posture and minimizing the risk of data loss and downtime,” said Christophe Bertrand, practice director, Enterprise Strategy Group. “Our research shows that ransomware is not a matter of if but a matter of when. In focusing on rapid detection and recovery, Zerto is offering key must-have capabilities designed to help organizations with the identification, mitigation, and remediation of ransomware threats.”
To learn more, visit the Zerto 10 page — https://www.zerto.com/watch-zerto-10-launch-event/
and the Cyber Resilience Vault page — https://www.zerto.com/watch-zerto-10-launch-event/
About Zerto
Zerto, a Hewlett Packard Enterprise company, empowers customers to run an always-on business by simplifying the protection, recovery, and mobility of on-premises and cloud applications. Zerto’s cloud data management and protection solutions eliminate the risks and complexity of modernization and cloud adoption across private, public, and hybrid deployments. The simple, software-only solution uses continuous data protection at scale to solve for ransomware resilience, disaster recovery and multi-cloud mobility. Zerto is trusted by over 9,500 customers globally and is powering offerings for Microsoft Azure, IBM Cloud, Google Cloud, Oracle Cloud, and more than 350 managed service providers.
Contact:
Derrick Shannon
Touchdown PR
Zerto@touchdownpr.com
Source: Zerto
18 May
CAMPBELL, CA – May 18, 2023 — / BackupReview.info / — Komprise, the leader in analytics-driven unstructured data management as a service, today announced new governance and self-service capabilities that simplify departmental use of Deep Analytics, a query-based way to find and tag file and object data across hybrid cloud storage silos. IT organizations need to maintain data governance and data security while also making it easier for users to find, use and manage data. Often, these goals are in conflict and require significant IT overhead. The Komprise Intelligent Data Management Spring 2023 release minimizes administrative effort and improves unstructured data governance with new capabilities:
Share-Based Access for Groups: A recent Informatica survey revealed that data governance is the top priority among chief data officers and that 68% of data leaders will increase data management investments in 2023. But managing access control while enabling self-service unstructured data management for users often requires IT to spend considerable time provisioning each user’s role-based file and object storage access. Komprise simplifies this task by giving administrators the ability to assign group access to shares using Active Directory which automatically provisions data management access only to users in those groups.
Directory Explorer: A new Directory Explorer gives authorized line-of-business teams and departmental researchers the ability to augment the global search capabilities of Deep Analytics with a familiar browser interface. This means users can drill down into individual directories. Users now have multiple ways to find what they need: either by searching for it using queries on metadata and tags through Deep Analytics or if they know exactly where the data is, using the Directory Explorer.
Exclusion Query Filters: The Global File Index search capabilities of Komprise Deep Analytics now includes the ability to filter data using exclusions (e.g., “all data except .log files” or “all data except in .dat directories”) and then use these queries to create data management policies. This makes it easy to specify data management policies in situations where outliers can prevent data movement.
“Komprise is on a mission to change how enterprises manage unstructured data to deliver maximum cost savings and value,” says Kumar Goswami, Komprise co-founder and CEO. “Increasingly, line of business and research teams rely upon data that has been historically locked away in disparate storage systems to run analytics, AI and ML. Our latest release makes it dramatically easier for teams to find and manage their own data, while simplifying governance for IT.”
Availability
Komprise Intelligent Data Management Spring 2023 is available today. Deep Analytics is included with the full software-as-a-service (SaaS) platform. Learn more at komprise.com/what’s new.
About Komprise
Komprise is a provider of unstructured data management and mobility software that frees enterprises to easily analyze, mobilize, and monetize the right file and object data across clouds without shackling data to any vendor. With Komprise Intelligent Data Management, you can cut 70% of enterprise storage, backup and cloud costs while making data easily available to cloud-based data lakes and analytics tools. www.komprise.com
Contact:
Kevin Wolf
kevin@tgprllc.com
Source: Komprise
BOSTON, MA – May 18, 2023 — / BackupReview.info / — Zerto, a Hewlett Packard Enterprise company, has today announced the launch of Zerto 10 for Microsoft Azure, delivering enhanced disaster recovery (DR) and mobility for complete infrastructure flexibility. Zerto 10 delivers a new replication architecture for scale-out efficiency and native protection of Azure Virtual Machines (VMs).
Zerto 10 provides new support for multi-disk consistency for VMs in Microsoft Azure to protect an organization’s data — not just to and from Azure but also across Azure regions within the cloud. Zerto coordinates replication across all the virtual disks associated with a virtual machine in Azure to maintain data consistency for failover and recovery.
New cloud-based architecture enables easier scale out to thousands of VMs, reduces management complexity, and enables data movers to scale out or back based on I/O levels between production and DR to, from, or within Azure.
“Zerto 10 for Microsoft Azure empowers businesses with unparalleled infrastructure flexibility and scalability, offering native protection of Azure Virtual Machines and multi-region support for seamless disaster recovery and mobility,” said Matt Boris, VP, global go-to-market at Zerto. “With enhanced scale-out efficiency and cloud-based Virtual Replication Appliances, Zerto ensures business remains safe and protected in the cloud.”
“Zerto 10 for Microsoft Azure delivers added in-cloud disaster recovery and mobility solutions for our customers,” said Aung Oo, general manager, Azure Storage Engineering at Microsoft. “By working with Zerto to empower businesses to achieve greater resilience and flexibility in the cloud, we are reaffirming our commitment to providing innovative and secure solutions that address the evolving needs of our customers.”
In addition, Zerto for Microsoft Azure will be available in the Azure Marketplace in July. Making Zerto 10 available in the Azure Marketplace provides easy accessibility and greater opportunities for more organizations to protect their data. Zerto cloud components can now be deployed easily from the marketplace to speed up implementation and help organizations across the globe protect Azure workloads from today’s increasingly sophisticated range of threats.
About Zerto
Zerto, a Hewlett Packard Enterprise company, empowers customers to run an always-on business by simplifying the protection, recovery, and mobility of on-premises and cloud applications. Zerto’s cloud data management and protection solutions eliminate the risks and complexity of modernization and cloud adoption across private, public, and hybrid deployments. The simple, software-only solution uses continuous data protection at scale to solve for ransomware resilience, disaster recovery and multi-cloud mobility. Zerto is trusted by over 9,500 customers globally and is powering offerings for Microsoft Azure, IBM Cloud, Google Cloud, Oracle Cloud, and more than 350 managed service providers.
Contact:
Derrick Shannon
Touchdown PR
Zerto@touchdownpr.com
Source: Zerto
NEW YORK, NY – May 18, 2023 — / BackupReview.info / — Probax is delighted to announce it has been awarded another prestigious Veeam Innovation Award (VIA) for 2023.
Announced ahead of VeeamON 2023 in Miami, Veeam recognized Probax Scout as one of the most innovative solutions developed on top of Veeam technology by a partner globally.
Scout is Probax’s game-changing proprietary technology, giving MSPs an edge that no other Cloud Service Provider can match. Veeam’s VIA announcement described Scout as a solution that “greatly enhances and simplifies the user experience for MSPs using Veeam, unlocking additional capabilities and automating traditional deployment and configuration of Veeam solutions.”
Scout unleashes extensive benefits, such as:
Kevin Allan, Chief Technology Officer at Probax said, “In today’s rapidly evolving business landscape, managing and safeguarding data is increasingly challenging for MSPs. When data loss and downtime can be catastrophic, MSPs face more pressure, greater complexities and higher costs to ensure client data is protected, available, and quickly recoverable… Especially when managing exponentially growing data volumes and many large or complex client environments dispersed across on-premises, hybrid, and cloud-based workloads.”
“MSPs need a solution that simplifies these complexities, enabling them to deploy and manage profitable data protection solutions and services to their clients faster and more efficiently than ever before. Probax Scout is that solution.”
The Veeam Innovation Awards showcase partner excellence and recognizes the great capabilities and outcomes being achieved by innovating on top of Veeam technologies.
This award adds to Probax’s track record of award-winning products and services powered by Veeam. Probax won the inaugural Veeam Innovation Award 2018 in Chicago, followed by VCSP Partner of the Year 2021 in Australia. Probax is one of a select few partners globally to be approved in all four VCSP Reseller Ready competencies: Backup as a Service (BaaS) for Microsoft 365, Off-site Backup, MSP Backup and Disaster Recovery as a Service (DRaaS).
To learn more about Probax Scout, visit https://www.probax.io/products/probax-scout
About Probax
Probax — www.probax.io — is an award-winning provider of MSP data protection solutions and services including data backup and retention, disaster recovery and business continuity. With unmatched partner enablement and support, together with continued innovation and integration with leading technology vendors including Veeam and Microsoft; Probax empowers businesses to protect their most valuable asset, their data.
Probax is a Platinum Veeam Cloud & Service Provider (VCSP) that has been awarded VCSP Innovation and VCSP Partner of the Year awards by Veeam.
For media enquiries, please contact:
Sam Meegahage
COO & Company Secretary
sam.meegahage@probax.io
+1-888-877-6229
Source: Probax
FAIRFIELD, NJ – May 18, 2023 — / BackupReview.info / — 11:11 Systems (“11:11”), a managed infrastructure solutions provider, today announced that the company and its channel leaders have been recognized for the growth and success of its channel program. CRN®, a brand of The Channel Company, has named Heather Bouvier, Kendale Miller, Jacquelyn Gonzalez, Natasha Nassiroghli and Chrystina Turner to its Women of the Channel list for 2023. This distinguished list honors the incredible accomplishments of female leaders in the IT channel. Every year, CRN recognizes women from vendor, distributor, and solution provider organizations whose expertise and vision are leaving a noticeable and commendable mark on the technology industry.
The CRN 2023 Women of the Channel honorees bring their creativity, strategic thinking and leadership to bear in a variety of roles and responsibilities, but all are turning their unique talents toward driving success for their partners and customers. With this recognition, CRN honors these women for their unwavering dedication and commitment to furthering channel excellence.
“We are ecstatic to announce this year’s honorees and shine a light on these women for their significant achievements, knowing that what they’ve accomplished has paved the way for continued success within the IT channel,” said Blaine Raddon, CEO of The Channel Company. “The channel is stronger because of them, and we look forward to seeing what they do next.”
As the number and complexity of cybersecurity threats continue to grow, the risk of cybercrime remains a persistent threat to organizations. The surge in cybercrime incidents, particularly ransomware attacks, is leading IT leaders to take proactive measures to protect their organization’s mission critical data. As a result, companies are increasingly relying on 11:11 Systems for securing and protecting their organization’s data, no matter where it lives.
This demand for 11:11 Systems solutions has resulted in CRN recognizing 11:11 Systems’ partner program as one of the most distinguished partner programs among managed services and cyber resiliency suppliers in the IT channel with its sixth consecutive 5-Star rating in its 2023 Partner Program Guide. For the fourth year, CRN has also named Koorosh Khashayar, 11:11 Systems senior vice president of global channels, to its list of 2023 Channel Chiefs. Khashayar’s leadership has been instrumental in strategically aligning the channel programs acquired by 11:11 Systems and expanding its channel portfolio with innovative solutions that help partners seamlessly provide cloud, connectivity and security services to address their customers’ needs.
“Our unwavering commitment to the channel and the talented women within it is stronger than ever. Our goal is to provide innovative solutions that help our partners truly make a difference in their business,” said Khashayar. “We continue to invest significantly in our partner community by expanding our in-depth managed services training and enablement programs, introducing new security and connectivity solutions, offering new certifications and establishing a dedicated partner development team. We are honored to receive recognition from CRN for these global initiatives. At 11:11 Systems, we are committed to helping our global partners achieve their goals, grow their businesses and exceed their customer’s expectations.”
Learn more about 11:11 System’s partner program here: https://1111systems.com/partners/partners-overview/
The 2023 Women of the Channel list will be featured in the June issue of CRN Magazine, with online at www.CRN.com/WOTC
ABOUT 11:11 SYSTEMS
11:11 Systems is a managed infrastructure solutions provider that holistically addresses the challenges of next-generation managed cloud, connectivity and security requirements. The 11:11 model empowers customers and partners to “Rethink Connected,” which includes integrated services that deliver increased performance, optimization and savings. Learn more at 1111Systems.com.
Contact:
Rolyn Parker
news@1111systems.com
Source: 11:11 Systems
NEW YORK, NY – May 17, 2023 — / BackupReview.info / — EaseUS, a leading provider of data backup and recovery solutions, has announced the launch of its scholarship program for the year 2023. EaseUS scholarship program is aimed at helping students pay for their college education while also raising awareness about the importance of data backup and security.
EaseUS understands the importance of education and the role it plays in shaping the future of our society. The company believes that every student deserves a chance to achieve their educational goals, and this scholarship program is its way of contributing to that cause. At the same time, EaseUS also recognizes the need for data protection, which is why the scholarship program is focused on promoting the importance of data backup and security.
The theme of the scholarship program is “Backup Heroes,” and EaseUS wants students to get creative and share their ideas with the world. Participants must create high-quality content related to any aspect of data backup and share it on social media platforms using the designated hashtag. Videos are highly recommended, but other forms of content are also acceptable as long as they meet the required quality standards.
Data backup is an essential aspect of data protection. It involves making a copy of important data and storing it in a secure location. This ensures that the data can be recovered in the event of data loss due to hardware failure, malware, or any other disaster. Data loss can have serious consequences, including financial loss, reputation damage, and even legal implications. Therefore, it is crucial to back up your data regularly.
The EaseUS Scholarship program offers a fantastic opportunity for students to showcase their creativity and win up to $2,000 to help them pay for their education. The application process is straightforward: simply create and share your content on social media using the designated hashtag.
EaseUS Scholarship Program 2023 is an excellent opportunity for students to not only win a scholarship but also promote the importance of data backup and security. By participating in the program, students can showcase their creativity and contribute to a worthy cause. You can learn more about the program and how to apply by visiting the EaseUS website.
Media Contact:
Brand: EaseUS Software
Email: media@easeus.com
Website: https://www.easeus.com
Source: EaseUS
RUBRIK FORWARD CONFERENCE, PALO ALTO, Calif., May 17, 2023 — / BackupReview.info / — Today, Rubrik, the Zero Trust Data Security™ Company, unveiled new user intelligence capabilities designed to empower organizations to become more proactive in the fight against ongoing cyberattacks. Rubrik aims to deliver cyber resilience across both the data and users, including new User Intelligence, so organizations can work to proactively prevent attacks from happening before they cause significant damage.
Data remains highly vulnerable to cyber incidents and as attack methods evolve, the user has become a lucrative hunting ground for cyber criminals. As highlighted in the new Rubrik Zero Labs “The State of Data Security” report, 100 percent of cloud investigations conducted by Permiso Security in 2022 were the result of compromised credentials.
“For too long, organizations have been susceptible to cyberattacks and users have become a vulnerable entry point. Today, we announce capabilities that we believe will enable our customers to become proactive and search for areas of vulnerability to mitigate cyber risk before the attack even happens,” said Bipul Sinha, Rubrik CEO and co-founder. “With Rubrik’s industry-first advanced user intelligence designed to leverage time-series data and metadata, customers will be able to proactively fight against cyberattacks.”
New Advanced User Intelligence Mitigates Cyber Risk
Rubrik’s new user intelligence capabilities will utilize time series data recorded over consistent intervals of time in Rubrik Security Cloud to proactively mitigate cyber risk before they can be exploited by cyber criminals. Additionally, organizations will have visibility to the types of sensitive data they have, what users have access to the data, how that access has changed over time, and whether that access may pose risk to their business. By gaining more comprehensive visibility into user intelligence, organizations can better determine the root cause for cyberattacks and organizations will be able to proactively identify accidental exposure of data to unauthorized users to minimize damage from cyberattacks.
“AAA Washington members look to us in their most dire moments of need. In order to uphold our members’ trust in us, it is mission-critical that we keep our data secure so we can maintain important business operations. That’s why we’ve prioritized a strong cyber resilience strategy with Rubrik to enable us to uphold our commitment to customers, help us reduce risk, and prevail in the ever-evolving cyber threat landscape.” – William Lidster, CISO, AAA Washington
“Republic Airways serves 33 million passengers a year and 1,000 flights daily. We rely on Rubrik to enable us to be cyber resilient, which is paramount for Republic Airways’ commitment to innovation and providing our passengers with the best flying experience.” – Nirav Shah, CIO, Republic Airways
This news comes on the heels of several notable Rubrik announcements including the launch of the second Rubrik Zero Labs threat intelligence research, “The State of Data Security,” the unveiling of Rubrik’s $10M Ransomware Recovery Warranty, and Rubrik’s announcement of its partnership with Zscaler and industry-first double extortion ransomware solution.
Rubrik will showcase these new innovations at Forward 2023, taking place virtually May 17-18, as well as through a series of in-person Forward World Tour events. New innovations are planned to be available in the coming months.
SAFE HARBOR STATEMENT: Any unreleased services or features referenced in this document are not currently available and may not be made generally available on time or at all, as may be determined in our sole discretion. Any such referenced services or features do not represent promises to deliver, commitments, or obligations of Rubrik, Inc. and may not be incorporated into any contract. Customers should make their purchase decisions based upon services and features that are currently generally available.
About Rubrik
Rubrik is on a mission to secure the world’s data. With Zero Trust Data Security™, we help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, secures data across enterprise, cloud, and SaaS applications. We help organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked.
For more information please visit www.rubrik.com and follow @rubrikInc on Twitter and Rubrik, Inc. on LinkedIn.
Rubrik Media Contact:
Kelsey Shively
Senior Director, Global Communications, Rubrik
kelsey.shively@rubrik.com
www.rubrik.com
Source: Rubrik
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