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By Tim Jewell, Founder and CEO at DataDepositBox
December 08, 2017

Data Deposit Box Cloud Backup Expert Tips: What is Ransomware and How Does it Work?

You may have heard of ransomware or even experienced its devastating effects, but what exactly is it and how does it work? At its core, ransomware is a type of software that is designed to steal your digitally stored data and hold it hostage until a sum of money is paid to the captor. These sophisticated pieces of software can seriously compromise your cybersecurity and end up costing you thousands to regain or replace stolen data. Here is some more information about ransomware and how to keep your information protected from the cybersecurity professionals at Data Deposit Box:

Ransomware Stats

Some people don’t believe the devastation of ransomware, which is why statistics are helpful to illustrate their real-life effects. Here are some shocking facts and figures about ransomware:

  • 97% of phishing emails deliver ransomware.
  • 70% of companies infected by ransomware end up paying the ransom to their attackers.
  • More than 50% of attackers demand between $10,000 and $40,000.
  • 1 in 4 who paid their attackers never recovered their stolen data.

Types of Ransomware Programs

There are two different forms of ransomware:

  • Encryption Ransomware: This type of ransomware program uses complex encryption algorithms to encrypt stolen files. The digital thieves then demand payment for the decryption code. CryptoLocker, Locky, and CrytpoWall are three such software programs to be aware of.
  • Locker Ransomware: This type of ransomware locks you out of your central operating system, which means the program blocks access to your desktop and any apps or files on your computer. The difference from encryption software is that individual files aren’t encrypted, but the hackers can still demand a ransom to unlock the infected system.

What Makes a Company Vulnerable to a Ransomware Attack?

There are a few mistakes that companies make which make them vulnerable to ransomware attacks and other breaches of cybersecurity, including the following:

  • Not backing up their data
  • Lacking even the most basic cyber protection
  • Not keeping cyber security software up-to-date
  • Not investing in cybersecurity solutions

At Data Deposit Box, we’re committed to providing you with the latest in digital backup and cybersecurity services. We’ve been providing small to mid-sized businesses with affordable and secure cloud backup technology and services since 2002, making us one of the most trusted names in the industry. Protect your company from ransomware and other similar cyber attacks with Data Deposit Box. For more information about our cybersecurity and digital storage products, contact us today.

Data Deposit Box (DDB) is an award-winning cloud data backup and recovery solution, specifically designed for small, mid-sized to enterprise organizations. DDB is differentiated by its numerous value-added and industry leading features – agentless technology, on-site portable local storage, multiple off-site data centres, and virtual environments support.

About the Author: Tim Jewell is the Founder and CEO of Data Deposit Box, a publicly traded (OTC: DBB), Toronto-based cloud backup service provider.

 

 

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  • The acquisition expands HPE’s leadership position in the high-growth flash storage market
  • Creates comprehensive, leading-edge storage portfolio by bringing together highly complementary solutions
  • Accelerates growth of Nimble Storage by leveraging HPE’s broad go-to-market engine 

PALO ALTO, Calif., March 7, 2017 — /BackupReview.info/ — Hewlett Packard Enterprise (NYSE:HPE) today announced it has entered into a definitive agreement to acquire Nimble Storage, the San Jose, Calif.-based provider of predictive all-flash and hybrid-flash storage solutions. HPE will pay $12.50 per share in cash, representing a net cash purchase price at closing of $1.0 billion. In addition to the purchase price, HPE will assume or pay out Nimble’s unvested equity awards, with a value of approximately $200 million at closing.

Flash storage is a fast-growing market and an increasingly important element of today’s hybrid IT environment. The overall flash market was estimated to be approximately $15 billion in 2016 and is expected to be nearly $20 billion by 2020, with the all-flash segment growing at a nearly 17 percent compound annual growth rate[1].

Nimble’s predictive flash offerings for the entry to midrange segments are complementary to HPE’s scalable midrange to high-end 3PAR solutions and affordable MSA products. This deal will enable HPE to deliver a full range of superior flash storage solutions for customers across every segment.

In addition, HPE plans to incorporate Nimble’s InfoSight Predictive Analytics platform across its storage portfolio, which will enable a stronger, simplified support experience for HPE customers. For example, InfoSight automatically detects 90 percent of all issues within a customer’s infrastructure, and resolves over 85 percent of them.  This dramatically reduces the amount of time and effort a customer’s IT team spends on support activities.

“Nimble Storage’s portfolio complements and strengthens our current 3PAR products in the high-growth flash storage market and will help us deliver on our vision of making Hybrid IT simple for our customers,” said Meg Whitman, President and CEO, Hewlett Packard Enterprise. “And, this acquisition is exactly aligned with the strategy and capital allocation approach we’ve laid out. We remain focused on high-growth and higher-margin segments of the market.”

Nimble Strengthens and Expands HPE’s Flash Storage Portfolio
Nimble was founded in 2007 and has approximately 1,300 employees worldwide. The company delivered revenue of $402 million in its most recent fiscal year, up 25 percent year over year. Nimble’s strong application performance in its entry to midrange flash storage solutions is backed by an intelligent, predictive analytics engine that delivers a simplified customer experience. This unique analytics platform goes beyond storage to analyze performance issues across the full data path, from apps to the array, and resolves most issues before they occur. In addition, Nimble has recently introduced multicloud storage services that combine the best of on-premises and public cloud storage capabilities for Hybrid IT deployments.

Key customer benefits of the combined HPE and Nimble portfolio include:

  • The ability to seamlessly move data and replicate across hybrid flash and all-flash storage to meet unpredictable IT demands
  • Integrated data protection with application aware snapshots, encryption, replication and integration with leading independent software vendors
  • Effortless management of storage volumes along with data compaction to reduce capacity costs
  • Predictive support automation to anticipate and prevent most problems and solve remaining issues in a matter of minutes
  • Quality of service controls and full stack analytics to ensure predictable performance in hybrid IT deployments
  • Increased dedicated sales specialist support
  • A future-proofed technology platform with a rich roadmap to support next-generation storage

“Customers deploying hybrid IT not only need the performance of flash storage but are looking for predictive intelligence to optimize their infrastructure,” said Antonio Neri, Executive Vice President and General Manager of the Enterprise Group, Hewlett Packard Enterprise. “With Nimble Storage and 3PAR, we can now deliver on those storage needs and provide more effective on-premises control and performance, at public cloud economics.”

Deal Accelerates Nimble Financial Performance
By bringing together complementary product portfolios and leveraging HPE’s expansive go-to-market capability, partner ecosystem, and leading server platform, HPE and Nimble will be able to significantly accelerate the financial performance of the combined business.

“Over 10,000 enterprises are using Nimble Storage because our Predictive Cloud Platform is reliably fast, radically simple, and cloud ready,” said Suresh Vasudevan, CEO at Nimble Storage. “This acquisition validates our technology leadership in flash and in the use of cloud-based predictive analytics.  We’re confident that by combining Nimble Storage’s technology leadership with HPE’s global distribution strength, strong brand, and enterprise relationships, we’re creating expansion opportunities for the combined company.”

Transaction Details
The deal is expected to be accretive to HPE earnings in the first full fiscal year following the close.

Under the terms of the agreement, a subsidiary of HPE will commence a tender offer to purchase any and all of the outstanding shares of Nimble common stock for $12.50 per share in cash. Nimble stockholders representing approximately 21 percent of Nimble’s outstanding shares have entered into a Tender and Support Agreement committing them to tender their shares into the tender offer. The completion of the tender offer is subject to customary terms and closing conditions, including Nimble stockholders tendering a majority of Nimble’s outstanding shares in the offer, and receipt of specified regulatory approvals.

Following the successful completion of the tender offer, the agreement provides that Nimble will merge with a subsidiary of HPE and become a wholly owned subsidiary of HPE, and all remaining outstanding shares of Nimble will receive in the merger the same consideration paid to other stockholders in the tender offer.

Following the completion of the transaction, Nimble shares will be delisted from the New York Stock Exchange.

The tender offer and merger and closing of the transaction are expected to be completed in April, subject to the satisfaction or waiver of the offer conditions set forth in the agreement.

Additional Resources
Click here to read a blog post by Antonio Neri, Executive Vice President and General Manager of the Enterprise Group, Hewlett Packard Enterprise – https://news.hpe.com/nimble-storage-to-extend-hpe-industry-leadership-in-flash-storage/

About Hewlett Packard Enterprise
Hewlett Packard Enterprise (HPE) is an industry leading technology company that enables customers to go further, faster. With the industry’s most comprehensive portfolio, spanning the cloud to the data center to workplace applications, our technology and services help customers around the world make IT more efficient, more productive and more secure.

Forward-looking Statements
This document contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HPE and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements regarding the expected benefits and costs of the transaction contemplated by this document; the expected timing of the completion of the transaction; the ability of HPE, its subsidiaries and Nimble to complete the transaction considering the various conditions to the transaction, some of which are outside the parties’ control, including those conditions related to regulatory approvals; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected; that the transaction may not be timely completed, if at all; that, prior to the completion of the transaction, Nimble’s business may not perform as expected due to transaction-related uncertainty or other factors; that the parties are unable to successfully implement integration strategies; and other risks that are described in HPE’s SEC reports, including but not limited to the risks described in HPE’s Annual Report on Form 10-K for its fiscal year ended October 31, 2016. HPE assumes no obligation and does not intend to update these forward-looking statements.

Additional Information and Where to Find It
The tender offer for the outstanding shares of Nimble referenced in this document has not yet commenced. This document is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell shares, nor is it a substitute for the tender offer materials that HPE and its subsidiary will file with the U.S. Securities and Exchange Commission (the SEC). At the time the tender offer is commenced, HPE and its subsidiary will file tender offer materials on Schedule TO, and thereafter Nimble will file a Solicitation/Recommendation Statement on Schedule 14D-9, with the SEC with respect to the tender offer. THE TENDER OFFER MATERIALS (INCLUDING AN OFFER TO PURCHASE, A RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER TENDER OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT WILL CONTAIN IMPORTANT INFORMATION. HOLDERS OF SHARES OF NIMBLE COMMON STOCK ARE URGED TO READ THESE DOCUMENTS CAREFULLY WHEN THEY BECOME AVAILABLE (AS EACH MAY BE AMENDED OR SUPPLEMENTED FROM TIME TO TIME) BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT HOLDERS OF SHARES OF NIMBLE COMMON STOCK SHOULD CONSIDER BEFORE MAKING ANY DECISION REGARDING TENDERING THEIR SHARES. The Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement, will be made available to all holders of shares of Nimble’s common stock at no expense to them. The tender offer materials and the Solicitation/Recommendation Statement will be made available for free at the SEC’s website at www.sec.gov. Additional copies of the tender offer materials may be obtained for free by directing a written request to Hewlett Packard Enterprise Company, 3000 Hanover Street, Palo Alto, California 94304, Attention: Investor Relations, or by calling (650) 857-2246. In addition to the Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement, HPE and Nimble file annual, quarterly and current reports and other information with the SEC.  You may read and copy any reports or other information filed by HPE or Nimble at the SEC public reference room at 100 F Street, N.E., Washington, D.C. 20549. Please call the SEC at 1-800-SEC-0330 for further information on the public reference room. HPE’s and Nimble’s filings with the SEC are also available to the public from commercial document-retrieval services and at the SEC’s website at www.sec.gov.


[1] – Source: IDC Disk Forecast, December 2016


Editorial Contact
Natassia Culp,
HPE Global Communications
natassia.culp@hpe.com
www.hpe.com

Source: HPE

 

 

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Company Achieves More Than 500 Percent Growth in Annual Recurring Revenue in Infrastructure Data Protection; Ranked as One of the Fastest Growing Data Protection Providers in Deloitte Technology Fast 500

SUNNYVALE, Calif. — Dec. 7, 2017 — /BackupReview.info/ — Druva, the global leader in cloud data protection and management, today announced record bookings and annual recurring revenue (ARR) performance for its infrastructure data protection business, an integrated service of Druva Cloud Platform, with more than 500 percent ARR growth over the last six months. Druva is in its 10th consecutive quarter of rapid year-over-year growth, and was ranked as one of the fastest growing data protection providers in Deloitte’s 2017 Technology Fast 500. Druva drives this momentum through tremendous product innovation and is uniquely positioned to scale alongside industry demand, already serving more than 4,000 global customers, including 10 percent of the world’s Fortune 500 companies.

“Today’s data is global. The traditional enterprise IT network must evolve to keep pace with the speed at which their modern digital counterparts now move, regardless of location or workload demands,” said Jaspreet Singh, founder and CEO of Druva. “That agility combined with the modernization of data protection is crucial for business longevity, as just one security misstep can have serious long-term consequences. The cloud is the best solution to address these needs, and Druva’s growth in the market is proof that customers want help overcoming data protection challenges. More than a cloud data protection vendor, Druva is a strategic partner for enterprises looking for a platform solution that meets their IT and business needs.”

In the first half of the year, the industry experienced an unprecedented rise in cybercrime with malware such as Petya and WannaCry, wreaking havoc on enterprises. Druva is the best suited to deliver ransomware immutability and anomaly detection through its advanced machine learning capabilities, providing customers with a truly unique cloud-first data protection and recovery solution that adds a degree of separation from on-premises environments.

“Data is a critical asset for most businesses,” said Harish Belur, vice president at Riverwood Capital. “Organizations cannot afford to leave their business data unprotected. Druva delivers the industry’s best cloud data protection and management solution, by offering it as a Data Management-as-a-Service solution designed to protect data on user end-points, in the cloud and in the data center. The Druva Cloud Platform maximizes the value from protected data while cutting costs, mitigating errors and eliminating recovery failure.”

Druva extends market leadership with corporate, product, customer and partner growth.

Corporate momentum:

  • Ranked #175 in the 2017 Deloitte Technology Fast 500 with 616 percent growth, placing it as the fastest growing cloud data protection solution provider.
  • Raised $80 million of growth equity funding to dramatically accelerate research and development, expand go-to-market efforts worldwide and lead the industry in redefining how enterprises protect, manage and use their data.
  • Granted an Authority to Operate (ATO) under the Federal Risk and Authorization Management Program (FedRAMP) — the only vendor in the data protection space with this distinction.
  • Completed the Service Organization Control (SOC) 2 Type II certification for its data protection solutions to further assure customers that Druva has designed and implemented effective internal controls that maintain the confidentiality and privacy of the data it processes.
  • Received numerous industry awards and distinctions including “Best Disaster Recovery/Business Continuity Offering” from SC Awards Europe 2017 and the 12th Annual 2017 IT World Award gold winner in the “Disaster Recovery (DR) as a Service” category.
  • Built out key roles with the addition of data backup/recovery pundit W. Curtis Preston as Chief Technical Architect, with further plans to increase global workforce by 14 percent over the next six months.

Product innovation:

  • Announced Druva Cloud Platform, an industry-first as-a-Service solution that is redefining the cloud data protection market by providing a unified control plane for data management services across endpoint, server and cloud application data.
  • Released Druva Apollo, a service delivered via the Druva Cloud Platform that enables data management for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) cloud workloads on a single policy control plane.

Customer acquisition:

  • Welcomed 300 new customers over the past six months, including AIG, ANDRITZ, General Electric, Hulu, Intuit, Marriott,, PwC, ServiceNow and Xerox. Druva’s customer base also now includes four of the nine top consulting firms and four of the top 10 U.S.-based pharmaceutical companies.
  • Announced that following its FedRAMP certification, a prerequisite for most government organizations, Druva’s customer base now includes 17 federal government agencies and three out of the 10 largest federal integrators.
  • Revealed record expansion of its server data protection business with triple-digit revenue growth.
  • Doubled channel-driven ARR year-over-year.

Ecosystem expansion:

  • Joined the Cloud Security Alliance and Nutanix Elevate Technology Alliance Partner Program.
  • Added a strategic partnership with the BSI Cybersecurity and Information Resilience, offering the cybersecurity consultancy firm’s portfolio of cloud security solutions a simplified way to restore their data to previous versions in the event of ransomware and malicious malware attacks.
  • Developed integrations with both Microsoft SharePoint and Microsoft Hyper-V, delivering Data Management-as-a-Service for Microsoft-focused customers.

About Druva
Druva is the global leader in Cloud Data Protection and Management, delivering the industry’s first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence–dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it.

Druva’s award-winning solutions intelligently collect data, and unify backup, disaster recovery, archival and governance capabilities onto a single, optimized data set. As the industry’s fastest growing data protection provider, Druva is trusted by over 4,000 global organizations, and protects over 40 PB of data. Learn more at www.druva.com and join the conversation at twitter.com/druvainc.

Media Contact:
Danielle Salvato-Earl
Kulesa Faul for Druva
+1-650-922-7287
druva@kulesafaul.com

Source: Druva

 

 

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Helps educational institutions protect proprietary faculty and research data, and recover from cyberattacks

MINNEAPOLIS, MN – December 07, 2017 — /BackupReview.info/ — Code42, the leader in cloud-based endpoint data security and recovery, announced plans to expand its presence in the education market. The company is deepening its commitment to and focus on this segment by building out a dedicated vertical business unit that will include marketing and sales functions. Today, Code42 serves more than 700 higher education institutions and K-12 schools across North America, as well as seven out of the eight Ivy League universities.

“Faced with a growing number of cyberattacks, education institutions today have an acute need when it comes to protecting volumes of sensitive faculty, staff and research data,” said Steve Buege, senior vice president and general manager of Code42’s education and small business divisions. “We are committed to helping these organizations successfully recover proprietary information after data incidents, such as ransomware attacks, hardware failures, and laptop loss and theft.”

Code42’s data security and recovery solution is designed to help schools take a proactive approach to data protection. The solution automatically and continuously backs up data on laptops and desktops so staff and IT administrators can respond to and recover from cyber threats more quickly.

“We selected Code42’s solution because we love how easy it is to use,” said Jason Conklin, IT service desk coordinator at the University of Georgia. “Because of its secure, continuous backup to the cloud, my staff can go about their jobs knowing all of their information is protected. This approach to data security provides us a necessary and important safety net, which is required in our environment.”

Education institutions can use Code42’s data security solution to:

  • Recover data residing on endpoints within minutes of a ransomware or malware attack, or when a file is deleted or a computer is stolen or crashes;
  • Gather documents and records housed on multitudes of institutional endpoints in order to expedite responses to Freedom of Information Act requests;
  • Ensure that research data, which is generated as part of an educational grant and stored on desktops or laptops, complies with stringent security requirements and government regulations; and
  • Keep staff and faculty productive during hardware migrations and system upgrades by easily transferring profile settings and giving users full use of their new devices as data restores.

About Code42
Code42, the leader in cloud-based endpoint data security and recovery, protects more than 47,000 organizations worldwide. Code42 enables IT and security teams to centrally manage and protect critical data for some of the most recognized brands in business and education. From monitoring endpoint data movement and use, to meeting data privacy regulations, to simply and rapidly recovering from data incidents no matter the cause, Code42 is central to any organization’s data security strategy. Code42 is headquartered in Minneapolis, Minnesota, and backed by Accel Partners, JMI Equity, NEA and Split Rock Partners. For more information, visit code42.com.

Contact:
Code42
Gerri Dyrek
Vice President, Corporate Marketing
844-333-4242
gerri.dyrek@code42.com

Media Contact:
CJ Martinez
612-504-0014
cj.martinez@code42.com

Source: Code 42

 

 

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LONDON, UK — December 07, 2017 — /BackupReview.info/ — One of the leading data management and data storage companies in the UK, Servnet offers a wide variety of network services so customers and businesses can plan, build, manage, and support their network infrastructure. They specialise in providing seasoned end-to-end networking solutions through a well-managed approach due to their strong alliance with globally renowned names such as Cisco, Palo-Alto, HP, and Brocade. Their network services cover all of the mandatory aspects such as design, installation, test, and support that form the constituents of a well-designed wireless infrastructure. These solutions can be customised as per their clients’ requirements and they employ the latest technology and methodologies to empower large enterprises and growing companies to allow room for innovation in their network.

Servnet, founded in 2003, has become one of the most sought-after names in the industry across the UK for providing a wide range of network solutions at the most competitive prices. For 14 years they have provided their services with supreme agility, consistency, and innovation and have delivered genuine business benefits to their clients. Besides providing network services, they also offer cloud management services, hardware maintenance and support, storage administration, backup solutions, hyper-convergence, virtualisation, data management, disaster recovery, storage analytics, and much more. They have also created a niche for themselves in the market for providing sophisticated services that include the best cloud backup, backup solutions, and offsite backup.

Talking more about their network services, Nick Morgan, MD for Servnet stated, “Our highly-trained technical consultants cover a wide array of solution sets including switching, routing, network security, and management tools that extend from the office LAN through to the core network and wider WAN channel.”

About Servnet
Servnet is a data storage and data management solutions provider, specializing in on premise, cloud, and hybrid-cloud technologies. Their focus is primary storage, backup, and recovery, disaster recovery, business continuity, and storage analytics including all aspects of virtualisation, server technology, hyper-convergence, and networking. Since 2003, Servnet has provided a wide range of technology solutions that have been delivered within budget and have exceeded their clients’ expectations. Their aim is to deliver customer satisfaction without compromise.

For more information, please visit: http://servnetuk.com/Solutions/Network

Contact:
Servnet
P: +44 (0)203 040 5400
E: info@servnetuk.com
W: www.servnetuk.com

Address:
Servnet
2nd Floor. 10 Gough Square
London, EC4A 3DE, UK

Source: Servnet

 

 

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PALO ALTO, CA – Dec. 7, 2017 — /BackupReview.info/ — ScaleGrid, a rising leader in database hosting and management, has just announced shared hosting for their MongoDB management plans on Amazon Web Services (AWS). Their new Shared Cluster plan is immediately available, in addition to their Dedicated Cluster and Bring Your Own Cloud database management plans.

ScaleGrid’s Shared Cluster plan covers an unlimited number of databases and comes with their full suite of premium database management tools, including slow query analysis, alerts, web command line and automated monitoring. Shared Clusters supports MongoDB version 3.4.9 with a 3-node replica set, Snappy Compression and WiredTiger storage engine on cloud provider AWS. Their all-inclusive pricing includes all network, disk, machine and management costs for $10 per GB.

Dharshan Rangegowda, ScaleGrid CEO and Founder shares “we’re very excited to bring our full suite of database management features to our Shared Cluster plan and drive the market forward at a reduced cost.” He continues to explain “one of the greatest benefits of our shared hosting is the ability to enable compression, allowing our customers to significantly save on their hosting costs while retaining high speeds and little to no load on their system.”

These MongoDB Shared Cluster plans are highly-available and hosted in Docker containers. ScaleGrid’s database hosting and management solution also provides dynamic scaling, free backups, and allows its users to retain full admin access to their MongoDB clusters.

ScaleGrid plans to make the shared model available in additional AWS regions in the near future, along with availability on other Cloud providers like Azure and DigitalOcean.

About ScaleGrid
ScaleGrid provides a fully managed Database-as-a-Service (DBaaS) solution used by thousands of developers, startups, and enterprise customers including UPS, Dell, and Adobe. The ScaleGrid platform supports MongoDB and Redis on both public and private clouds, including Amazon AWS, Microsoft Azure, and DigitalOcean, and handles all your database operations at any scale so you can focus on your product instead of operations.

Contact:
ScaleGrid
support@scalegrid.io
www.scalegrid.io

Source: ScaleGrid

 

 

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High-Speed Access to ExtFS, Btrfs, XFS from Your Windows PC

FREIBURG, Germany, December 6, 2017 — /BackupReview.info/ — Paragon Software, a recognized file systems and storage management expert, releases Linux File Systems for Windows. Now you can easily access disks and partitions formatted under the most common Linux file systems directly from your Windows PC. Linux File Systems for Windows by Paragon Software offers high-speed access to Linux file systems and supports Secure Boot protocol — there’s no need to turn off the driver when working with Linux volumes.

Features:

· Create, read, modify, copy, delete files on ExtFS volumes.
· Read files on Btrfs, XFS volumes.
· Full support for Secure Boot protocol.

Supported Operating Systems:

· Windows 7, 8/8.1, 10 (x64/x86)
· Windows Server 2008, 2012, 2016 (x64)

Availability:
Download a 10-day trial version from https://backstage.paragon-software.com/home/linuxfs-windows/

The trial period can be extended by sharing a post about the product on Facebook.

If you have already purchased Paragon ExtFS for Windows or Paragon ExtFS for Windows Professional, you can upgrade your product free via MyParagon account at https://my.paragon-software.com/#/login

New users can purchase Linux File Systems for Windows for $19.95.

About Paragon Software
Since 1994, Paragon Software has been delivering reliable software products and technology solutions that every day help users, IT professionals, and businesses keep data healthy and safe. We offer file systems and storage management, deployment and migration of heterogeneous appliances and systems, data protection, business continuity and disaster recovery for hybrid environments. Our global business partners include AJA, Asus, QNAP, Western Digital, ZTE, and many others.

Contact:
Katia Shabanova
Paragon Software Group
Head of Public Relations
P: +49 (0) 76159018 ext. 181
Katia.Shabanova@paragon-software.com
www.paragon-software.com

Source: Paragon Software Group

 

 

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In conjunction with Human Rights Day, company invites NGOs to apply for free use of the app

TEL AVIV, Israel – December 06, 2017 — /BackupReview.info/ — In support of the international right to privacy in any form, and in recognition of Human Rights Day on December 10, Phantom.me debuts the first app able to deliver true, comprehensive mobile phone privacy. Using the AES 256 encryption standard that protects classified information, and with no visible screen icon, the app supports browsing, picture taking, file storing, chatting, sharing, importing, and exporting – all in a mode that is virtually invisible and thus, inaccessible to third parties at the device level. Phantom.me announced it would make its one-of-a-kind app available for free, with the help of qualifying non-governmental organizations (NGOs), to people across the globe who are being persecuted and fear for their safety. This is an effort to protect people who have an acute need for a true privacy solution on their mobile phones.

Having stood the test of time since its December 10, 1948 proclamation by the United Nations General Assembly, the Universal Declaration of Human Rights (UHDR) set out fundamental human rights to be universally protected. Article 12 of the UHDR includes the stipulation that “No one shall be subjected to arbitrary interference with his privacy.”

“The right to privacy was important enough to be internationally recognized 70 years ago, and today it’s more relevant than ever,” said Miki Balin, Founder & CEO of Phantom.me. “Mobile phone information inherently falls under the right to privacy, and we developed Phantom.me to be 100% trusted technology that keeps mobile phone activity and data within complete control of phone owners.”

For additional assets, experience the complete interactive press release here: https://phantom-me-1.reportablenews.com/pr/phantom-me-app-supports-right-to-privacy

According to the Pew Research Center, 77% of adults globally own a smartphone, and most do nothing to protect what they access and share on their phones. If a mobile phone is lost or stolen, or subject to illegal remote data collection, it’s too easy for personal photos, documents, browsing history, or private chats to fall into the wrong hands. In other cases, people who are oppressed or persecuted are often in real danger as their private mobile data is compromised or their location revealed.

Features of the app include:

  • Phantom.me has no icon or other evidence the app is installed on a mobile phone; login is done using the phone keypad by entering the user’s master password.
  • Features include all primary phone use, from browser to camera, storage, import and export ability, chat, and share – all confidential and fully discrete.
  • Phantom.me maintains zero information on app users, e.g. keeps no record of app users, their master password, activity, or data. The app servers show no evidence or traceable activity of users. Optional cloud backup is provided to users.
  • The app prevents screenshots and screen video capturing.
  • Additional privacy upgrades can be achieved using two-factor authentication, disguised push notifications, and more.
  • The Phantom.me app can be accessed for download through www.phantom.me or Google Play.
    • Android operating system; iOS pending.
    • Monthly and annual subscription; first month free.

“Technology allows us to have important information and every detail about our personal lives, beliefs and convictions – through images, chats, and what we research and share online – in the palms of our hands,” noted Balin. “This is acceptable until access to such information violates our legal and fundamental right to privacy, resulting in any kind of abuse, oppression, or harm. Phantom.me is designed to prevent this.”

An anonymous Phantom.me beta tester shared, “The ability to browse from my phone without leaving a fingerprint would be ideal, although there are Free VPN services available I am always very skeptical of such things. The added benefit of the chat function and capture function also appeal to me greatly.”

Download Phantom.me App from Google Play – https://play.google.com/store/apps/details?id=com.phantom.me

About Phantom.me
Phantom.me has developed a trusted, comprehensive tool that gives mobile phone owners complete mobile privacy and control over their personal data at the device level. Within the Phantom.me app, users can browse, chat, store, share, and import and export data with complete privacy. As a supporter of the United Nations’ Declaration of Human Rights, and global laws protecting privacy in all forms, Phantom.me offers this app as a much-needed layer of protection for sensitive and personal data on mobile phones. The company, established in 2015, is based in Tel Aviv, Israel. For more information, or to download the app, please visit www.phantom.me or Google Play.

Contact:
Rainier Communications
Joanne Stanway / Candice Perodeau
1-508-475-0025, ext. 117 / 112
Phantom@rainierco.com

Source: Phantom.me

 

 

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Storage Made Easy’s File Fabric with IBM’s new compliance-enabled vaults protect data in-place from deletion or modification as required for regulations like SEC Rule 17a-4(f) and FINRA (Rule 4511)

LONDON, UK – 6th December 2017 — /BackupReview.info/ — Storage Made Easy (SME)™ announced support today, in their enterprise File Fabric™ solution, for compliance-enabled vaults, a new immutable storage capability for the on-premises IBM Cloud Object Storage System.

Regulatory requirements, especially for financial data, call for electronic records to be held on non-erasable media for specific retention periods, usually many years. Historically this has meant transcribing sensitive data to tape or optical media and storing it securely off-site. Management of unstructured documents often accessed through a shared file system is particularly difficult. New mandates that records are still readily accessible creates additional headaches.

Storage Made Easy’s File Fabric with IBM’s new compliance-enabled vaults protect data in-place from deletion or modification as required for regulations like SEC Rule 17a-4(f) and FINRA (Rule 4511). Organizations are able to take a policy-based approach to data security, access, compliance and now the data lifecycle without copying data between systems or moving it offsite.

File Fabric can leverage compliance-enabled vaults for ForeverFile™, an archive and ransomware protection feature, and for the Cloud File Server giving end users and legacy applications unified access to on-premises and cloud storage. The ForeverFile feature provides a persistent, and now indelible, backup of primary storage, continuously archiving data in real-time. Files can be recovered instantly by administrators or end users. Through the Cloud File Server users see compliant storage as a hierarchical permissioned file system where documents and other electronic records are automatically retained for predetermined periods.

Kamran Yousaf, CTO of Storage Made Easy said, “We are very excited to support this new feature for IBM Cloud Object Storage. Customers have been asking us for regulatory compliance that provides an immutable means of referring and accessing statutory data”.

About Storage Made Easy (SME)
The Storage Made Easy™ Enterprise File Fabric™ enables IT to regain control of “cloud data sprawl” to unify on-premises and on-cloud files into a single easily managed converged infrastructure with policy-based controls for governance, audit and security.

The File Fabric solution provides a “blanket” enterprises wrap around all their data: on premises, within public and private clouds, as well as on third-party software vendor clouds (SharePoint Online and Salesforce for example).

Customers use the SME File Fabric product to unify corporate data to enable workgroup collaboration with universal controls for security, encryption, audit, and data access. Companies will have access to a greater understanding of where and how sensitive data is stored, transferred, and accessible with particular focus on how companies are able to police and audit data to ensure enforcement of the General Data Protection Regulation (GDPR) in addition to other regional data legislation.

Storage Made Easy is the trading name of Vehera LTD.

Follow us on Twitter @SMEStorage and visit us at www.StorageMadeEasy.com to learn more.

Press Contact
Ana de Jorge, Business Development Director
ana.dejorge@storagemadeeasy.com
+44 (0)2086 432 885

Source: Storage Made Easy

 

 

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TORONTO, ON – Dec. 5, 2017 — /BackupReview.info/ — ioFABRIC Inc. today announced that premium IT services provider Xenium IT Corp has chosen ioFABRIC as part of its Xenium X Protect offering, a simple, turnkey data protection and data availability solution that eliminates the risk of ransomware, data loss and downtime.

Xenium is a premium provider of IT services, focusing on setup and support of networking infrastructure, server installations and specialized applications. With knowledge of customers’ changing IT needs, coupled with the escalating risk of losing data from cyberattacks, Xenium developed its X Protect offering, which leverages ioFABRIC’s multi-site, multi-cloud data fabric to store data in an immutable format that cannot be altered. “We had immediate traction, a pipeline and deployment at several customer sites within 30 days of signing up. Offering a managed service with a subscription price, keeps us closer to our customers,” said Frank Kuschmierz, Xenium CEO.

“While ioFABRIC’s data fabric was developed as a data management solution, it provides complete ransomware protection out of the box. With our X Protect offering, we install storage hardware at the customer site, and that data gets duplicated and encrypted offsite using the ioFABRIC platform. X Protect manages the entire process—for the user nothing changes with how data is accessed except it is 100% secure from ransomware,” added Kuschmierz.

Xenium X Protect uses core ioFABRIC functionality bundled with premium value added services such as back up validation, ransomware screening and instant recovery, so data is always safe and easily recoverable. X Protect automatically manages a copy of data on-premises and a copy in the cloud, providing always-available data for business continuity. If local access to data is interrupted for any reason, X Protect automatically fails-over to the cloud copy. In addition to ensuring business-critical information is stored and backed up safely, data is encrypted to meet security and compliance requirements, as well as compressed to reduce storage costs.

“Juniper Research predicts that by 2019 the cost of cyber crimes will reach $2.1 trillion. Ransomware is avoidable with a solution like X Protect where organizations can be sure they they’ll never lose data and will never have to pay a ransom to get their data back,” said ioFABRIC CEO and Co-Founder Steven Lamb. “X Protect targets data protection for small to mid-sized organizations.”

About ioFABRIC Inc.
ioFABRIC Inc. is a data management company whose software delivers a multi-site, multi-cloud data fabric that ensures complete data protection and availability with artificial intelligence and industry-unique cost optimization features. ioFABRIC Vicinity ensures storage is always available, always protected, and always evergreen. Vicinity creates a data fabric supporting applications running on servers, VMs, containers, and clouds. Vicinity is sold through ioFABRIC’s reseller and distribution channel as licensed software or by white-labeling it with additional hardware and/or software. For more information visit www.iofabric.com

Follow on LinkedIn – https://www.linkedin.com/company/9315375
Follow on Twitter – https://twitter.com/ioFABRICinc

Contact Agency:
Judy Smith, JPR Communications
818-798-1475
judys@jprcom.com

Source: ioFABRIC Inc.

 

 

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KANATA, ON – December 6, 2017 — /BackupReview.info/ — HubStor, the intelligent cloud archive, today announced the availability of optical character recognition (OCR) support for images stored in HubStor. Customers can now search within scanned documents and standard image formats such as TIFF, JPEG, PNG and multi-page PDF files.

HubStor integrates data classification features with the indexing and OCR process to automatically detect and tag private or sensitive data residing in images, such as credit card numbers and other Personally Identifiable Information (PII).

HubStor also lets customers apply OCR indexing to particular datasets within their cloud archive so that clients are not required to incur the cost of OCR processing entire corpus of content. Instead, customers can restrict OCR processing to specific folders, date ranges, file types or security permissions.

OCR is a critical feature for long-term retention cloud solutions like HubStor for the following reasons:

Compliance – Organizations that need to comply with the E.U.’s General Data Protection Regulation (GDPR) will be able to identify personal data held within scanned documents and pictures and perform proper data governance practices to meet compliance requirements easily.

Legal – Organizations with eDiscovery requirements have a more comprehensive searchable archive.

IT and Datacenter and Transformation – IT teams operating under datacenter transformation mandates can replace legacy OCR practices on-premises with HubStor’s fully managed Software-as-a-Service (SaaS) approach.

“Customers can use HubStor’s OCR support retroactively against content they already have in the service,” said Geoff Bourgeois, CEO, HubStor. “Going forward, with the OCR feature enabled, any new content coming into HubStor – whether from file systems, SharePoint, email or other data sources – will have automatic OCR processing if the content meets the indexing rules defined by the customer.”

The new OCR features in HubStor are available now.

About HubStor
HubStor is an intelligent secondary storage solution available as Software-as-a-Service (SaaS) in the Microsoft Azure cloud platform. With a global customer base, enterprise clients use HubStor for secure cloud archiving, hybrid cloud file servers, Office 365 backup, ransomware recovery, legal hold and WORM compliance.

HubStor is a Microsoft Partner and a member of the Microsoft Enterprise Cloud Alliance.

Media Contact:
Elizabeth Lam, VP Marketing
HubStor Inc.
liz@hubstor.net

Source: HubStor

 

 

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Expands Data Security Suite with Purchase of Award-Winning Cloud-to-Cloud Backup Service

SAN ANTONIO, TX – December 05, 2017 –/BackupReview.info/ — Jungle Disk today announced it has acquired SafetyNet, the first backup for QuickBooks Online, from Jobber, a cloud and mobile software platform for home service businesses, at QuickBooks Connect Toronto. This acquisition enhances Jungle Disk’s data security suite, adding an award-winning cloud-to-cloud backup for QuickBooks Online, storing a safe, second copy of a small business’s critical financial records. SafetyNet is available through the Jungle Disk website with seamless authentication and authorization through Intuit account integration.


Video: Bret Piatt, CEO at Jungle Disk

“Thousands of businesses have used Jungle Disk’s online backup software to protect the QuickBooks data stored on their personal computer or office server for the past decade,” said Bret Piatt, CEO at Jungle Disk. “With the addition of SafetyNet to Jungle Disk’s data security suite, customers can now easily protect their critical financial records stored in Intuit’s software-as-a-service (SaaS) accounting solution.”

Businesses who run QuickBooks Pro, Premier, or Enterprise can use Jungle Disk Encrypted Backup to protect the data files stored on their computers, a network attached storage (NAS) device or a server in their office. Using the Jungle Disk Backup Vault technology, copies of files can be kept for years to meet compliance requirements and record archiving needs.

“Lost, corrupted or destroyed financial records can significantly harm a small business making it difficult and more expensive to audit,” said Raul Rios, partner at RSM US LLP. “It’s important for businesses to have data backup and controls in place to ensure duplicate copies of important records are kept safe from accidents or cyberattacks.”

Jungle Disk pioneered the market for encrypted cloud storage and backup of laptops, desktops, servers and network storage devices. With the addition of SafetyNet, Jungle Disk continues to lead the small business data protection market by operating the first QuickBooks Online backup. The offering is available in three editions, including:

  • SafetyNet Starter - The starter edition is a free tier providing seven days of daily backup versions and up to 1GB of data. Authentication is integrated with QuickBooks Online and the first backup can be completed in minutes with no credit card information required. In five minutes, and for no additional expense, businesses can add an extra tier of protection to their financial records.
  • SafetyNet Small Business - The small business edition is an $8 monthly subscription service per QuickBooks Online instance with unlimited data storage including a full year of backup versions. The Small Business edition also includes phone, web chat and ticket based technical support from the Jungle Disk team of data security experts. With a year of versions, businesses gain additional protection from fraud, embezzlement and other malicious activities that can avoid detection for longer periods of time.
  • SafetyNet Accountant - The accountant edition is a $25 monthly subscription for QuickBooks Online Accountant providing backups for up to five instances and also includes all of the features in the Small Business edition. Each additional instance is $5 per month. SafetyNet Accountant is in early access and now accepting applications from CPAs and accounting firms. The service makes it simple for accounting firms to keep snapshots of records before and after bookkeeping or records updates creating a separate secure audit trail.

SafetyNet began in 2014 at the QuickBooks Connect conference. A team from Jobber entered an application pitch event and won the Best New App category. Since its founding, SafetyNet has continued to sign up bookkeepers, accountants, and small business owners using QuickBooks Online.

“SafetyNet addresses an important need and really hit a nerve in the accounting community when we put it out into the world in 2014,” said Sam Pillar, CEO at Jobber. “We’re really proud of SafetyNet, but our mission is to make the people in home services successful, and our core focus in that pursuit is on Jobber. The Jungle Disk team is full of experts in backup and data security and will lead SafetyNet to a bright future.”

To learn more about the addition of SafetyNet to the Jungle Disk data security suite, visit the Jungle Disk Blog – https://www.jungledisk.com/blog/2017/12/05/jungle-disk-acquires-safetynet/

Financial details of the transaction will not be disclosed.

About Jungle Disk
Jungle Disk, the #1 data security suite for main street, provides businesses network security and backup solutions to protect critical data from system failure, human error and cyberattacks. Headquartered in San Antonio, TX, the Jungle Disk team now serves over 25,000 customers across the globe with data centers in North America and Europe. For more information, visit www.jungledisk.com

Contact:
Jungle Disk
Christina Weaver
210-775-4461
Christina@jungledisk.com

Source: Jungle Disk

 

 

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Latest eDiscovery Platform speeds response to time-sensitive Subject Access Requests (SARs)

Mountain View, CA – December 5, 2017 – /BackupReview.info/ – Veritas Technologies, a leader in multi-cloud data management, today unveiled advances to the company’s eDiscovery Platform with new data classification features designed to help compliance and investigation teams ensure regulatory compliance, avoid massive fines and mitigate reputational damage. The new technology also helps organizations to manage personal identifiable information (PII) and Subject Access Requests (SARs).

Within the European Union, individuals already have the right to make SARs and they can ask an organization to deliver all of the personal data that the organization holds about them. In addition, individuals can request the purposes for which that data is being processed and which organizations receive it. These requests will soon become of global significance as the forthcoming General Data Protection Regulation (GDPR) enhances data subjects’ rights over personal data and will require that organizations adhere to a month time limit on SAR responses. However, meeting this time frame may be difficult, as many organizations have limited visibility into what data they have and where it is located.

SAR preparedness is a critical component of any GDPR compliance strategy and there are a number of ways organizations are preparing to become GDPR ready. New Veritas research released today reveals that many businesses around the world are starting to embrace a compliance culture that extends across the entire company. To read the latest press release on this research, click here.

According to Veritas research, data continues to grow at an annual rate of 49 percent globally¹, and as a result, organziations are storing more data on-premises and in one or more clouds. Because of this fragmentation, many organizations have limited visibility into what data they have and where it is located, so finding relevant personal data in a timely fashion becomes a significant challenge.

Veritas’ latest eDiscovery Platform directly addresses these challenges by helping organizations quickly pinpoint personal data and review it to assess what personal data should be disclosed and what may be lawfully withheld. In addition, the eDiscovery platform will deliver a response package electronically that sufficiently addresses the GDPR’s SAR requirements so businesses can help ensure regulatory compliance, avoid massive fines, and mitigate reputational damage.

Defensible Data Discovery with Integrated Data Classification
Veritas eDiscovery Platform now includes complete integration with the Veritas Classification Engine by delivering  powerful intelligence into data risks on-premises and in the cloud. Through this new integration, customers can quickly scan and tag data, using a pre-designed set of classifications. This helps to ensure that sensitive or risky information is properly managed and protected. The Platform also enables enterprises to adhere to SAR requests by locating where PII exists across their entire organization and driving actions that help appropriately retain or delete this data, when necessary.

This is a major advancement that helps organizations reduce the overall number of files required for review by culling out data required by the business. In addition, customers can prioritize review efforts by stack ranking the items that are most relevant to analyze. This innovation is critical in helping organizations adhere to mandatory compliance guidelines under new regulations, such as GDPR.

“Data is growing at an exponential rate and we are continuing to see a global rise in industry-specific and data protection regulations,” said Rama Kolappan, vice president, Product Management and Alliances, Veritas. “Organizations are in urgent need of tools that can accurately review, cull and manage relevant data regardless of where it resides within an organization. With the release of our latest eDiscovery Platform, we are helping customers respond quickly and efficiently to requests and manage their regulatory and investigative matters with a single, easy-to-use application.”

Expediently Review and Redact Data to Meet Stringent Timelines
The latest version of eDiscovery Platform includes a new set of review and redaction tools that allow for smarter and faster review. Bulk Redaction is a new feature that can automatically comb through a data set and mask all sensitive data in categories pre-determined by the reviewer across the entire corpus in one single motion.  This capability helps organizations to ensure that they are not accidently leaking risky data that should have been withheld (such as personal data relating to another individual) when responding to a SAR.

Additionally, eDiscovery Platform now includes pre-set redaction codes to ensure consistency throughout the document review process and to enable users to demonstrate to individuals why particular data items were withheld. This release also includes new annotation capabilities that simplify how case handlers mark-up review documents and share notes with each other to better support collaborative workflows for data sets that require multiple reviewers.

The Veritas eDiscovery Platform is available today as software or as an appliance, bringing together a complete solution for customers that need to deploy in less than 24 hours. For more information on the Veritas eDiscovery Platform, please visit here – https://www.veritas.com/product/information-governance/ediscovery-platform

About Veritas Technologies
Veritas Technologies empowers businesses of all sizes to discover the truth in information—their most important digital asset. Using the Veritas platform, customers can accelerate their digital transformation and solve pressing IT and business challenges including multi-cloud data management, data protection, storage optimization, compliance readiness and workload portability—with no cloud vendor lock-in. Eighty-six percent of Fortune 500 companies rely on Veritas today to reveal data insights that drive competitive advantage. Learn more at www.veritas.com or follow us on Twitter at @veritastechllc.

Forward-looking Statements: Any forward-looking indication of plans for products is preliminary and all future release dates are tentative and are subject to change at the sole discretion of Veritas. Any future release of the product or planned modifications to product capability, functionality, or feature are subject to ongoing evaluation by Veritas, may or may not be implemented, should not be considered firm commitments by Veritas, should not be relied upon in making purchasing decisions, and may not be incorporated into any contract.

Veritas, the Veritas Logo, NetBackup, Backup Exec and Enterprise Vault are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.

[¹] – Source: 2017 Veritas Data Genomics Report 

PR Contacts
US Contact
Veritas Technologies
Dayna Fried +1 925 493 9020
dayna.fried@veritas.com

EMEA Contact
Veritas Technologies
Brooke Hamilton +44 (0) 7713697268
brooke.hamilton@veritas.com

APJ Contact
Veritas Technologies
Belinda Lim +65 64275564
belinda.lim@veritas.com

Source: Veritas

 

 

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PlumChoice managed IT services gains momentum fueled by SMB cloud demand

LOWELL, MA – December 05, 2017 — /BackupReview.info/ — PlumChoice, Inc., the leading provider of white-label technical services for cloud and Internet of Things (IoT) companies, announced that its managed services business, PlumChoice Business Services, is experiencing significant momentum resulting from small-to-medium-sized businesses’ (SMBs) increasing adoption of cloud solutions.

Spurred by the growing SMB demand, especially for Microsoft cloud solutions, PlumChoice Business Services has grown its monthly recurring revenues by more than 20 percent since January 2017. Additionally, nearly 100 percent of its clients have adopted cloud technologies, compared to about 70 percent as of December of 2016.

As more SMBs require cloud-based solutions to fuel their growth, PlumChoice managed IT services will offer companies strategic counsel as they migrate to the cloud for backup, disaster recovery, and productivity. The company provides strategic consulting and business-critical support, from application adoption and migration to ongoing use and maintenance, thereby easing cloud migration concerns and providing SMB business leaders with IT peace of mind.

“We’ve spent the past four years building and refining our expertise around Microsoft cloud-based technologies, and are now in a great position to capitalize on the increased SMB demand for managed cloud services involving backup, disaster recovery and security,” said Alexander Straffin, director of managed services for PlumChoice. “Managing IT resources has become more complicated than ever for SMBs, with the cloud landscape constantly changing and increased security threats looming. We’ve assembled an incredible team of engineers who have the experience and knowledge to help SMBs leverage technology to grow their business.”

PlumChoice Business Services now offers a strengthened suite of IT management, risk assessment and support services, available 24/7, backed by a team based in Boston, MA. Targeted companies who would benefit the most from these managed IT services include companies from 20 – 250 employees, which rely heavily on technology but may not have the required IT resources available to manage it.

PlumChoice Business Services will proactively manage all aspects of an SMB’s IT infrastructure, enabling them to quickly adopt new technology while allowing business users to focus on their core responsibilities.

PlumChoice Business Services has also launched a newly-designed website to further support the business – http://business.plumchoice.com/

“PlumChoice technicians truly do things differently,” said Elaine Baker of Kowal Associates, a telemanagement consulting firm. “Instead of simply resolving the issue at hand with a temporary fix, I am given options that will enhance functionality. PlumChoice is constantly looking out for my company’s best interest.”

About PlumChoice:
PlumChoice helps cloud solution providers and distributors, communications service providers, and IoT service providers and manufacturers deploy and sell support services that drive product adoption, resulting in greater market penetration. We work on behalf of major brands to help end users install, configure, integrate, troubleshoot and use brands’ products and software. In turn, PlumChoice’s partners experience greater customer satisfaction and lifetime value, lower overhead, increased profitability, and quicker time to market. For information about PlumChoice, please visit www.plumchoice.com

Contact:
Matter for PlumChoice
Erik Arvidson
978-518-4542
plumchoice@matternow.com

Source: PlumChoice

 

 

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Kasten Enables Enterprises to Build, Deploy and Manage Stateful Containerized Applications at Scale With Introduction of its K10 Platform and Open Source Project Kanister

LOS ALTOS, Calif. and AUSTIN, Texas, Dec. 05, 2017 — /BackupReview.info/ — Today at KubeCon + CloudNativeCon, Kasten, the cloud-native data management company, emerged from stealth and released its K10 platform. K10 uses a novel application-centric approach to enable enterprises to meet business continuity and compliance requirements around stateful container based applications running at scale on public and private Kubernetes deployments. Additionally, the company announced an open source project called Kanister - an extensible framework for application-level data management. Kasten K10 and Kanister are used by enterprises, including a top 10 retailer in Europe and a leading global telecommunications provider.

The company is backed by well-known Silicon Valley angels and executives from Google, Amazon and Facebook. These include Amarjit Gill, who has more than $2 billion in exists as a serial founder plus multiple large exists as an investor, as well as Amit Singh, founder of Osmeta which Facebook acquired, and Dan Dobberpuhl, who is a serial entrepreneur and microprocessor luminary.

Amarjit Gill said: “Containerization of the enterprise is occurring at more accelerated pace than any other infrastructure change, including the transition to virtual machines. With this shift, enterprise-grade data management for cloud-native environments has emerged as a key area for IT organizations. I am honored to once again support this experienced enterprise-focused leadership team, and I believe that they are well positioned to capitalize on this massive opportunity.”

Kasten was founded by Niraj Tolia (CEO) and Vaibhav Kamra (VP of Engineering), who bring deep technical expertise in the areas of containers, Kubernetes, storage and distributed systems. Previously they held senior leadership positions and delivered multiple enterprise-ready solutions at companies like Maginatics (acquired by EMC), Dell EMC, HPE and Microsoft.

“Kasten was founded to solve the data management pain we experienced firsthand in working with stateful applications in containerized environments,” said Niraj Tolia, Kasten co-founder and CEO. “Kasten’s mission is to eliminate the friction and adoption roadblocks observed with enterprises when working with persistent state in container orchestration platforms such as Kubernetes. Our application-centric K10 platform has been purpose built to bridge both the tools and DevOps gap and reinvent cloud-native data management for the enterprise.”

Data management is the real hurdle for stateful workloads
Enterprises have derived tremendous business value from the agility, resiliency and portability that cloud-native platforms have unlocked. While running stateless application in this fashion has become commonplace, IT organizations are still struggling with the transition for stateful workloads which make up a significant portion of the traditional enterprise applications in production today. Having largely overcome the initial hurdles around storage provisioning in containerized environments, enterprises experience pain points related to ongoing data management and satisfying business continuity and compliance requirements which are inevitable with persistent data.

While the challenges partly stem from the fact that existing data management tools are very infrastructure and VM-focused and do not effectively translate to a cloud-native world, the primary issue is that proper data lifecycle management is at odds with most implementations of the DevOps model in the enterprise. Operators do not have the visibility and tools to do data management at scale, while relying on developers to address these requirements with sufficient depth is sub-optimal and insufficient. The result is ad-hoc and error prone processes without clear ownership which inevitably crumble at scale, impede business agility and often lead to severe production issues including data loss.

Kasten K10 is ops focused and dev friendly
Kasten addresses these challenges by introducing a unique application-centric data management platform. Starting with the application but also deeply integrating with the infrastructure, the solution balances the needs of both operators and developers. Operators control data protection and mobility for the entire application stack via dynamic policies and have global visibility into business requirements compliance. Developers can choose the most appropriate data store and remain focused on core application logic but are able to extend the platform to meet custom requirements using Kanister when needed. As a result, enterprises are finally free to fully adopt and reap the benefits of cloud-native platforms regardless of the type of workload.

“There has been a tremendous developer adoption of containers and cloud-native infrastructure over the last two years. However, to gain full production acceptance in the enterprise, containers need to work just as well for the needs of IT operations since a lot of the traditional IT requirements still apply, just in a much more dynamic and granular way,” said Torsten Volk, EMA, Managing Director. “Kasten K10 is a product that balances developer and operator focus and helps address the tools and skills gap that has emerged in this ecosystem.”

Key Capabilities

  • Policy-driven Automation - In a cloud-native environment, applications come and go rapidly and scale dynamically. Even though IT operators may not be involved in some of these transitions, Kasten K10 makes it possible to proactively define policies and data management workflows that will be triggered automatically for both existing and future applications.
  • Compliance Monitoring - Kasten K10 provides a unified view of data management operations across applications in a cloud-native environment. More specifically, it enables operators to monitor the compliance metrics they are responsible for and easily identify applications that need attention.
  • Data Protection - Kasten K10 offers facilities for robust application-centric data protection. The platform captures and orchestrates life cycle management operations for both application configuration and persistent data. The Kanister framework allows for deep integration with specific applications.
  • Data Mobility and Manipulation - To truly harness the power of cloud-native environments, stateful applications need to be fully portable, including the persistent data component. Kasten K10 delivers foundational mechanisms for moving data sets and performing customer-defined transformations.

Use Cases

  • Test/Dev Workflows - The ability to provide developers with a high-fidelity replica of their production environment is key for identifying and correcting problems early. Kasten K10 simplifies the process of re-creating dev and test environments, while providing enterprise grade features like data masking and access controls.
  • Backup and Recovery - While modern applications often utilize redundant highly-available data stores that are not susceptible to single point of failure, Kasten K10 layers the ability to protect and recover data in cases of accidental or malicious data loss, a key requirement for enterprises. Further, K10 enables the modernization of traditional applications by removing data protection operational roadblocks.
  • Cloud Migration - For a number of reasons, including but not limited to achieving additional agility and resiliency or unlocking savings potential, enterprises are looking for workload portability. Kasten K10 makes it possible to move an entire application stack, including the data, within different regions of the same cloud and across public or private clouds.
  • Disaster Recovery - Providing business continuity in the case of catastrophic failure remains a table stakes requirement for enterprises. Kasten K10 dramatically simplifies the ability to recover from outages by enabling policy based replication of data and application state between clusters for fast orchestrated recovery.

Availability
Kasten K10 is available starting today. For more information, visit Kasten at www.kasten.io. To download Kanister, go to https://github.com/kanisterio

About Kasten
Kasten reinvents the data management toolset for the modern cloud-native infrastructure for the purpose of empowering enterprises to easily build, deploy and manage stateful containerized applications at scale. Founded in 2017 by experts in the areas of Kubernetes, storage and distributed systems, Kasten is headquartered in Los Altos, CA. For more information, visit www.kasten.io or follow @kastenhq on Twitter.

Media and Analyst Contact:
Amber Rowland
amber@therowlandagency.com
+1-650-814-4560

Source: Kasten

 

 

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Boxborough, Mass. – December 5, 2017 — /BackupReview.info/ — Egenera, a leading provider of wholesale cloud services to the channel today announced that it has signed a strategic partnership with Brigantia Partners, the largest subscription community of independent technology resellers and MSPs in the United Kingdom. Under the agreement, Brigantia is offering Egenera’s Xterity Cloud Services to its extensive network of UK-based partners.

“We’re seeing demand for cloud ramping up significantly among UK MSPs and solution providers,” said Iain Shaw, commercial director, Brigantia. “End users are asking for cloud and the channel is actively looking for competitively priced, high quality services with top notch support and management. Brigantia can now deliver with Xterity.”

Egenera’s Xterity Cloud Services deliver a full range of dedicated, managed, private and public cloud services, including Infrastructure as a Service (IaaS), Disaster Recovery as a Service (DRaaS), Backup as a Service (BaaS), and cloud migration exclusively through the channel.

With Xterity, resellers can quickly enter the cloud services market with no up-front capital or ongoing maintenance costs. Unlike reselling cloud services from large, commodity cloud vendors, Xterity delivers the margins resellers need to develop a profitable and sustainable cloud services business.

“Brigantia delivers tremendous value to its MSPs and solutions providers in the UK and we’re looking forward to partnering with such a significant force in the UK market,” said Till Brennan, vice president, EMEA Sales, Egenera.

About Brigantia
Brigantia Partners Limited was a management buyout from Techgate plc in January 2016. Originally founded in 1996, as a sales aid business IT leasing brokerage, over the past twenty years Brigantia has evolved into the largest subscription partner services community in the UK with hundreds of technology channel partners. Brigantia exists to add value to its partners’ businesses either by reducing costs or by increasing sales. Beyond increasing profits, Brigantia aims to add capital value to its partners’ businesses. Brigantia is headquartered in Northern England but also has a London office. For more information, visit www.brigantia.com or call 44-20-3358-0078.

About Egenera
Egenera is a leading provider of wholesale cloud services to the channel. Xterity, Egenera’s cloud service, offers Infrastructure as a Service (IaaS), Backup as a Service (BaaS), Disaster Recovery as a Service (DRaaS) and cloud migration to partners seeking to deliver monthly recurring revenue cloud services with no upfront costs, and compelling margins. Headquartered in Boxborough, Mass., Egenera hosts Xterity in Tier 3 and Tier 3+ datacenters in Boston, MA, Ashburn, VA, San Jose, CA, London, Newcastle, Dublin(2) and Tokyo. For more information on the company, please visit egenera.com. Follow Egenera on Twitter, LinkedIn and Facebook.

Tweet: @Egenera teams with @Brigantia1996 to offer cloud services to UK MSPs and solution providers http://bit.ly/2iOJmqt

###

Contact:
Maryellen Edwards
Egenera
978-206-6326
medwards@egenera.com

Source: Egenera

 

 

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SINGAPORE – Dec. 5, 2017 — /BackupReview.info/ — StorageCraft®, whose mission is to protect all data and ensure its constant availability, today announced the signing of Datum Technology as a distributor to help drive an aggressive expansion in Singapore. The partnership will extend the benefits of full data security to a broad spectrum of additional small to medium Singaporean businesses.

“We are pleased to add Datum to our successful channel team. Their technical expertise, sales and support capabilities, and deep knowledge of storage technology will help us to achieve our strategic goals,” said Jason Tan, StorageCraft’s regional manager for Asia. “Strong partnerships like this one not only help keep our customers’ data safe; they also help us accomplish important business milestones for market penetration and revenue across Singapore and, ultimately, the region.”

“Partners and customers alike understand the need for backup and recovery. Our expertise at Datum can take the implementation of these technologies to the next level,” said Alan Loh, sales director at Datum Technology. “We look forward to offering StorageCraft ShadowProtect® and OneBlox solutions in the local market.”

Loh added: “The cloud is where more demanding or technologically inclined customers envision placing their next computing platform. Cloud-based apps like StorageCraft Cloud Backup and solutions like StorageCraft File Backup and Recovery offer a host of features that protect critical business data and ensure that data is always available.”

With the new agreement, Datum looks forward to a pivotal business collaboration that will achieve more than just a pure backup and storage business partnership. The company intends to penetrate the market by offering innovative technology that drives change.

Datum Technology will complement StorageCraft’s existing Singapore distributor, ACA Pacific. Principal reseller partners in the region include Adventus Asia, Toppan Management, UIC and Ricoh.

About StorageCraft
The StorageCraft family of companies, founded in 2003, provides award-winning backup, disaster recovery, system migration and data protection solutions for servers, desktops, laptops and SaaS applications in addition to powerful data analytics. StorageCraft provides business continuity and data management market services through software products that reduce downtime, improve security and stability for systems and data, and lower the total cost of ownership. For more information, visit www.storagecraft.com

StorageCraft and ShadowProtect are trademarks of StorageCraft Technology Corp. Other company and product names may be trademarks or registered trademarks of their respective owners. © 2017 StorageCraft Technology Corp. All rights reserved. The statements in the foregoing release do not alter, amend, or modify the Terms & Conditions of the StorageCraft Recovery Guarantee.

Press Contacts
Jock Breitwieser
StorageCraft Technology Corporation
Phone: +1 408.800.5625
Email: jock.breitwieser@storagecraft.com

Jason Tan
StorageCraft Technology Corp. APAC
+65 96357110
Jason.tan@storagecraft.sg

Source: StorageCraft

 

 

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The risk of losing benefits—including bonuses—for failure to comply with GDPR policies is a real possibility for employees at one in four organizations worldwide according to a study

Mountain View, CA, Dec. 5, 2017 — /BackupReview.info/ — A study from Veritas Technologies, a leader in multi-cloud data management, has found that the General Data Protection Regulation(GDPR) has the potential to drive major cultural changes in businesses worldwide. Nearly three in four  respondents plan to incentivize employees to improve data hygiene and take accountability for data compliance.

According to The Veritas 2017 GDPR Report, 88 percent of organizations around the world plan to drive employee GDPR behavioral changes through training, rewards, penalties and contracts. Almost half (47 percent) of businesses will go so far as to add mandatory GDPR policy adherences into employment agreements.

Failure to adhere to contractual guidelines could have significant implications. Nearly half (41 percent) of respondents also plan to implement employee disciplinary procedures if GDPR policies are violated.  A quarter of businesses (25 percent) would consider witholding benefits—including bonuses—from employees found to be non-compliant. At the same time, 34 percent say they will reward employees for complying with GDPR policies, as those employees are helping to promote proper data governance within their organizations, which can lead to better business outcomes.

GDPR Driving Cultural Changes
The report found that the vast majority of respondents (91 percent) admit that their organization does not currently hold a culture of good data governance or GDPR compliance. However, as indicated above, companies understand that training is critical to driving cultural changes within their organizations.

The majority (63 percent) of companies believe all employees must receive mandatory training on GDPR policies. However, respondents were also quick to identify the types of employees that should be trained: 86% believe the IT department must be prioritized,  closely followed by business direction and strategy employees (85 percent), business development/sales/channel employees (84 percent), legal employees (82 percent) and finance employees (82 percent).

“Data is one of the most critical assets within an organization, yet many businesses are struggling to implement good data hygiene practices—and that often starts with employees,” said Mike Palmer, executive vice president and chief product officer, Veritas. “However, our research shows that businesses are getting serious about driving cultural change within their organizations.”

“As businesses consider deploying new processes and policies including training, rewards and updated contracts in support of GDPR compliance, more employees will understand the role they play in protecting their organization’s data.  And, for employees that fail to take matters seriously, their bonuses and benefits may be negatively impacted.”

Business Benefits of GDPR Compliance
While avoiding stringent regulatory penalties and fines is clearly a driver for improving an organization’s compliance posture, many companies also see major business benefits that go well beyond avoiding such sanctions. The research shows that almost all businesses (95 percent) see substantial business benefits to achieving GDPR compliance, including better data management across the entire organization.

Specifically, organizations believe that once they have advanced their compliance standing, they are able to reap the following benefits:

  • Improve data hygiene: 92 percent of respondents believe that their organization will benefit from good data hygiene, which helps drive trust in the data and improve data quality, accuracy and policy enforcement
  • Generate more insights: 68 percent believe that they will gather stronger data insights about their businesses through GDPR compliance, which can play a key role in delivering better customer experiences
  • Save money: 68 percent think that their organization will save money
  • Build brand reputation: 59 percent believe that data compliance will also strengthen their reputation or relationships with their customers
  • Protect data: 51 percent of organizations believe they will be able to protect data more efficiently
  • Increase revenues: 45 percent expect to reduce costs, increase revenue or market share with better data management. One in five (22 percent) think it will ultimately help their organizations have more disposable cash, which can be used to invest in research and development (R&D) or to deploy additional resources to drive innovation
  • Hire more people: A quarter (25 percent) say enhanced data compliance will allow the organization to employ more staff to provide better customer service

“The GDPR will take effect on May 25, 2018 and will apply to any organization—inside or outside the EU—that offers goods or services to EU residents, or monitors their behavior,” added Palmer. “Companies that adhere to compliance not only reduce their risks of fines, but have an opportunity to offer customers better experiences through proper data management, which can impact customer loyalty, revenues and brand reputation.”

Veritas also announced today significant technology advancements that can help companies comply with the GDPR. Specifically, Veritas announced a key integration between its Classification Engine and its eDiscovery Platform that will help customers quickly scan and tag data, using a pre-designed set of classification policies, to ensure that sensitive or risky information is properly managed and protected. Click here to read more on that announcement.

Detailed information on the report and the full infographic can be found here – https://www.veritas.com/content/dam/Veritas/docs/infographics/gdpr-infographic-ch3-en.pdf

And, for information on how Veritas can help your organization become GDPR compliant visit https://www.veritas.com/gdpr

Methodology
Veritas commissioned independent technology market research specialist Vanson Bourne to undertake the research upon which this report is based.

A total of 900 business decision makers were interviewed in February and March across the US, the UK, France, Germany, Australia, Singapore, Japan and the Republic of Korea. The respondents were from organizations with at least 1,000 employees, and could be from any sector. To qualify for the research, respondents had to be from organizations that do at least some business with the EU.

Interviews were conducted online using a rigorous multi-level screening process to ensure that only suitable candidates had the opportunity to participate.

About Veritas Technologies
Veritas Technologies empowers businesses of all sizes to discover the truth in information—their most important digital asset. Using the Veritas platform, customers can accelerate their digital transformation and solve pressing IT and business challenges including multi-cloud data management, data protection, storage optimization, compliance readiness and workload portability—with no cloud vendor lock-in. Eighty-six percent of Fortune 500 companies rely on Veritas today to reveal data insights that drive competitive advantage. Learn more at www.veritas.com or follow us on Twitter at @veritastechllc.

Forward-looking Statements: Any forward-looking indication of plans for products is preliminary and all future release dates are tentative and are subject to change at the sole discretion of Veritas. Any future release of the product or planned modifications to product capability, functionality, or feature are subject to ongoing evaluation by Veritas, may or may not be implemented, should not be considered firm commitments by Veritas, should not be relied upon in making purchasing decisions, and may not be incorporated into any contract.

Veritas, the Veritas Logo, NetBackup, Backup Exec and Enterprise Vault are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the U.S. and other countries. Other names may be trademarks of their respective owners.

PR Contacts
US Contact
Veritas Technologies
Dayna Fried +1 925 493 9020
dayna.fried@veritas.com

EMEA Contact
Veritas Technologies
Brooke Hamilton +44 (0) 7713697268
brooke.hamilton@veritas.com

APJ Contact
Veritas Technologies
Belinda Lim +65 64275564
belinda.lim@veritas.com

Source: Veritas

 

 

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Company signs distribution agreement with South African Value-Added Distributor

BOSTON, MA – December 5, 2017 — /BackupReview.info/ — Continuum®, the exclusive provider of the only vertically integrated IT service delivery platform that enables MSPs to scale rapidly and profitably, today announced its entry into the Southern African market in partnership with Sovaton, one of the region’s leading cybersecurity-focused distributors in the channel. The distribution agreement between the two companies will bring Continuum’s fully-managed remote monitoring and management (RMM) platform and resources to MSPs across South Africa, Botswana and Zimbabwe, as part of the company’s global expansion strategy.

Sovaton will now be able to market Continuum’s RMM platform, powered by the company’s network operations center (NOC), to its network of MSPs in the region. The platform has been proven to enable the efficient management of thousands of customer endpoints for MSPs, freeing up valuable resources to focus on higher-end, more profitable tasks in a time of increasing IT skills shortages.

“Continuum RMM is designed to close the IT skills gap, with access to more than 700 skilled technicians and certified IT experts to solve the most demanding technical issues, 24/7,” said Lisa Rice, general manager, Sovaton Pty. Ltd. “We’re excited by the opportunity to partner with Continuum and look forward to developing new opportunities together, particularly in preparing organizations to manage a changing IT landscape as technical expertise continues to be in high demand.”

“Sovaton has been an impressive partner throughout our onboarding process, and we’re confident they can deliver on our plans in Southern Africa,” said Paul Balkwell, vice president of international sales, Continuum. “With Sovaton, we can now bring a fully-managed IT platform and services solution to the Southern African market, delivering not only powerful IT management solutions for their customers, but also crucial resources and expertise for service providers to help build their businesses into profitable enterprises.”

The expansion into Southern Africa is the latest step forward in Continuum’s international growth strategy. Beginning with the United Kingdom in 2014 and since followed by its expansion and distribution agreement in Australia in 2017, the company is focused on powering MSP profitability globally with its proven business model.

“Distribution agreements such as these are vital to our international growth strategy,” said Paul Balkwell. “The power of our distributors’ market expertise, combined with our fully-managed platform and transformational business model for service providers, gives us the ideal platform to continue expanding into new markets across the globe. With that strategy already paying dividends in the UK and Australia, we’re looking forward to continued success in our newest market of Southern Africa.”

About Continuum
Continuum empowers managed IT service providers, giving them the technology platform, services and processes they need to simplify IT management and deliver exceptional service to their small and medium-sized clients. Continuum’s vertically integrated service delivery model combines an unmatched SaaS-based technology suite with a world-class NOC and Help Desk, allowing them to not only remotely monitor, manage, backup and secure their clients’ IT environments from a single pane of glass, but scale rapidly and profitably. Continuum employs more than 1,400 professionals worldwide and monitors more than 1 million endpoints for its 5,800 partners, including MSPs servicing more than 60,000 SMB customers and web hosting providers protecting more than 250,000 servers with Continuum’s R1Soft product line. For more information, visit https://www.continuum.net/ or https://www.r1soft.com/ and follow on LinkedIn and Twitter @FollowContinuum.

About Sovaton
Sovaton are passionate about their products they constantly seek creative ways to generate new opportunities for their channel partners. They have the focus, expertise and energy to provide solutions for their partners and the appetite for taking carefully selected emerging vendors to market.

When it comes to technology, products, markets and trends their people are not stuck in the past. With joined-up thinking across vendor teams and locations, they always come together as one to exceed partner’s expectations.

Sovaton understands that partners need to work with a trusted distributor, and believe that their partners will be more successful if they are supported throughout the sales process. Not only do they offer them the very best technical knowledge, but continuing the aftersales care is just as important, even more so in the fast paced technology world.

Sovaton have the freedom to act quickly, adapt to changing needs and offer a truly personal service, embracing every challenge that comes their way.

Their mission is to support their partners and share their knowledge, so they can help their partners grow.

Delivering innovative IT solutions and embracing the cloud through exciting managed services and to be a vital business partner – the most valued bridge between our vendors and customers. Contributing to the growth and profitability of our customers – both vendors and resellers.

Contact:
Rebecca Ferrick
March Communications
+1-617-960-9857
continuum@marchcomms.com

Source: Continuum

 

 

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London, UK and Santa Clara, CA  – Dec. 5, 2017 — /BackupReview.info/ — Cohesity, the pioneer of hyperconverged secondary storage, today announced the appointment of Klaus Seidl as the new Vice President of Sales for the EMEA region. Seidl’s main objective is to expand the company’s activity in EMEA and in particular spearhead its expansion into the DACH market (Germany, Austria and Switzerland). The nomination of Seidl, with his proven experience in the industry, will accelerate the momentum Cohesity has fostered since its European launch a little more than a year ago. It reflects Cohesity’s aim to further intensify its growth in Europe and expand into new markets, notably DACH, where Seidl will be a worthy asset.

Klaus Seidl has been at the forefront of European growth for a number of prominent technology companies, such as Riverbed Technology, NetApp, and, most recently, SimpliVity Corporation, where he carried out the rare feat of leading the EMEA team to match US revenues.

News Facts

  • Klaus Seidl will be based in Munich where he will direct the EMEA sales effort
  • Cohesity is preparing for worldwide expansion by adding executive talent with a proven record of success, including the recently announced appointments of Rob Salmon as President and Chief Operating Officer, and Carl Eschenbach to the Board of Directors.
  • Seidl’s previous position was VP Sales EMEA at SimpliVity Corporation, where he was the first employee in Europe, joining the startup in 2013. Over the following four and a half years, he grew the organisation to over one hundred-people strong, while navigating the EMEA business to reach extraordinary figures that matched US revenues.

Comments
“The first year of European revenues was so promising for Cohesity, that the decision to expand the EMEA activity was quickly reached,” said Mark Parinello, vice president worldwide sales, Cohesity. “I have spent a lot of time with Klaus Seidl in the past month, and I know his extensive career spanning three decades will be invaluable in driving our EMEA growth and ramping up our DACH activity.”

“Cohesity is transforming the industry’s approach to secondary data, and it’s time to disrupt the secondary storage market in EMEA,” said Klaus Seidl, vice president sales EMEA, Cohesity. “I have witnessed a strong adoption of tier one hyperconverged infrastructures here in the last four years, and I am excited to be joining this innovative and exceptional team and look forward to expanding on its early success.”

About Cohesity
Cohesity makes your data work for you by consolidating secondary storage silos onto a hyperconverged, web-scale data platform that spans both private and public clouds. Enterprise customers begin by radically streamlining their backup and data protection, then converge file and object services, test/dev instances, and analytic functions to provide a global data store. Cohesity counts many Global 1000 companies among its rapidly growing customer base. CRN named Cohesity a Top 25 Disrupter and one of the 10 Coolest Hyperconverged Products of 2016. For more information, visit www.cohesity.com and follow @cohesity on Twitter.

Media Contacts
A3 Communications – the PR specialists for storage and virtualization companies
+44 (0) 1252 875 203
Mouna Sehnaoui/ Federica Monsone
Cohesity@a3communications.co.uk

Jenni Adair
Head of Corporate Communications
650-400-1871
jenni@cohesity.com

Source: Cohesity

 

 

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In a world that requires digital services to be Always-On, Ivanhoe Grammar relies on Veeam Availability solutions to improve availability and reduce backup time, cost, and storage space

SYDNEY, Australia – December 1, 2017 — /BackupReview.info/ — Veeam® Software, the Availability for the Always-On Enterprise™ innovator, today announced that Ivanhoe Grammar School has replaced its legacy data backup system with Veeam Availability Suite, including Veeam Backup & Replication™, to ensure Always-On Availability for students, teachers, parents, and alumni in an IT environment that’s 95% virtualized.  In addition to improved availability, Veeam has also reduced backup time from two days to just a few hours, costs by 75%, and storage space by 30%.

Ivanhoe Grammar School is a multi-campus, co-educational, Anglican school in Melbourne’s East district. As an educational institution, Ivanhoe regularly shares important school-related communications with 2,000 students, 3,000 parents, and 200 teachers. Like many schools today, Ivanhoe removed the need for take-home notes and paper-based communication through the implementation of an online intranet, the responsibility of a 15-person IT team.

“We moved to a fully online environment to cater to the needs of our users, and now the pressure on our IT infrastructure has never been so great.  Our services need to be available, up-and-running all the time – thousands of students, teachers, parents, and alumni depend on them,” said Matt Wojcieszak, ICT Network Administrator at Ivanhoe Grammar School. “In the past, we spent a lot of time and resources to double check that data backups were completed with our complex legacy system. Now, with Veeam Availability Suite deployed instead, our systems are Always-On. It now takes a fraction of the time to verify the efficiency and completeness of backups. The time saved means we can concentrate on other infrastructure projects such as educational research, or improving the services we provide to our community.  We also reduced licensing costs by 50% and administration costs by 75%, savings that can now be redirected to increasing student services and programs.”

From a more technical perspective, Ivanhoe Grammar School has greatly improved its Recovery Point Objective (RPO) and Recovery Time Objective (RTO).  Before the implementation of Veeam Availability software, the school used two production sites and two data recovery sites with a legacy system backing up 57 terabytes of data. The process was expensive, slow, and unreliable: “The last thing we needed or wanted was to have 50% of a team member’s time being spent on trying to run software or just trying chase after support,” said Wojcieszak. “Too tiresome, wasteful, and expensive.

“Veeam Backup & Replication took only one week to test and place into production,” he added. “Deploying it was so easy; we did not need advanced technical knowledge or expertise. It was a very happy and positive experience.”

“Today, people depend on their ability to access information online and this is no truer than in a school environment,” said Shaun McLagan, Senior Vice President for Asia Pacific & Japan at Veeam Software. “Gone are the days when parents rely on hard copy notes and newsletters stuck at the bottom of their children’s school backpack to find out important news. Today’s parents expect uninterrupted communication between teachers and the wider school community and Always-On Availability for online services. This is the new normal. With Veeam, Ivanhoe can be a trusted information and communication resource for its community.”

About Veeam Software
Veeam® recognizes the new challenges companies across the globe face in enabling the Always-On Enterprise™, a business that must operate 24.7.365. To address this, Veeam has pioneered a new market of Availability for the Always-On Enterprise™ by helping organizations meet recovery time and point objectives (RTPO™) of less than 15 minutes for all applications and data, through a fundamentally new kind of solution that delivers high-speed recovery, data loss avoidance, verified recoverability, leveraged data and complete visibility. Veeam Availability Suite™, which includes Veeam Backup & Replication™, leverages virtualization, storage, and cloud technologies that enable the modern data center to help organizations save time, mitigate risks, and dramatically reduce capital and operational costs, while always supporting the current and future business goals of Veeam customers.

Founded in 2006, Veeam has 51,000+ ProPartners and 267,500+ customers with the highest customer satisfaction scores in the industry. Headquartered in Baar, Switzerland, Veeam has offices in more than 30 countries.  To learn more, visit https://www.veeam.com or follow Veeam on Twitter @veeam.

Contacts
Veeam Software, Public Relations Manager, Corporate & Americas
Heidi Monroe Kroft
614-339-8200 x8309
heidi.kroft@veeam.com

Yulia Poslavskaya
Veeam Software, Sr. Public Relations Manager (EMEA, Emerging Markets, LATAM)
+7 812 677 50 01
yulia.poslavskaya@veeam.com

Sharmin Jassal
Veeam Software, Public Relations Manager (APAC)
+61 2 8073 5323
sharmin.jassal@veeam.com

Source: Veeam

 

 

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Gartner IT Infrastructure, Operations Management & Data Center Conference, Las Vegas, NV – Dec. 4, 2017 — /BackupReview.info/ — Cohesity, the pioneer of hyperconverged secondary storage, will be demoing its award-winning solution in booth #101 at the Gartner IT Infrastructure, Operations Management & Data Center Conference in Las Vegas, NV, Dec. 4-6, 2017 in the Sands Expo/Venetian hotel, Exhibit Hall – Hall C – Level 2.

Cohesity DataPlatform is the only hyperconverged platform designed to consolidate and manage all secondary data at web scale – including backups, test/dev copies, files, analytics data, and objects. DataPlatform provides distributed storage with best-in-class space efficiency, efficient copy data management, and native cloud integration. The platform incorporates data management functions for converged data protection, in-place analytics, and copy data management to automate DevOps workflows.

Cohesity simplifies secondary storage infrastructure by consolidating all secondary data on a single platform that is managed through an easy to navigate UI and policy-based automation.

Tweet this: See @Cohesity at the Gartner IT Infrastructure, Operations Management & Data Center Conference 2017 in Las Vegas at Booth #101: https://ctt.ec/5f9Sr #GartnerIO

News Facts

  • Who: Patrick Rogers, VP of Marketing, Cohesity and Brian Sweeney, Principle Engineer, Manhattan Associates
  • What: “Hyperconverged Secondary Storage – Data Protection and Much More”
  • Where: Gartner IT Infrastructure, Operations Management & Data Center Conference in Las Vegas, NV, Sands Expo/Venetian hotel, Bassano 2601, Level 2
  • When: Tuesday, Dec. 5, 2017 from 3:45pm-4:30pm

About the Gartner IT Infrastructure, Operations Management & Data Center Conference
Gartner IT Infrastructure, Operations Management & Data Center Conference 2017 is the premier gathering for senior IT and business leaders, offering a depth and breadth of I&O topic coverage unavailable at any other event. Gartner I&O analysts present fresh, research-based content and actionable, unbiased advice – all designed to accelerate decision-making, prioritize initiatives, and link I&O strategies to the goals of the business.

About Cohesity
Cohesity makes your data work for you by consolidating secondary storage silos onto a hyperconverged, web-scale data platform that spans both private and public clouds. Enterprise customers begin by radically streamlining their backup and data protection, then converge file and object services, test/dev instances, and analytic functions to provide a global data store. Cohesity counts many Global 1000 companies among its rapidly growing customer base. CRN named Cohesity a Top 25 Disrupter and one of the 10 Coolest Hyperconverged Products of 2016. For more information, visit www.cohesity.com and follow @cohesity on Twitter.

Media Contacts
Jenni Adair
Head of Corporate Communications
650-400-1871
jenni@cohesity.com

BOCA Communications for Cohesity
cohesity@bocacommunications.com

Source: Cohesity

 

 

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PUNE, INDIA – Dec. 4, 2017 — /BackupReview.info/ — For organisations bound by data residency laws or policies, which mandate the storage and processing of data in a defined geography and those that want data and the environment under their control, Mithi Software, announces the availability of Vaultastic to be deployed in a dedicated, private environment on the AWS cloud in your AWS account, in a region of your choice.

The solution delivers all the benefits of the Vaultastic SaaS offering, viz. Opex model, fully managed, pay as you go, full featured, full control Archival application, elastic, reliable and durable infrastructure, ediscovery and more.

While the infrastructure, application and data resides in your AWS account, fully under the customers control, they have the option to outsource the management and monitoring of it to Mithi, via limited access and controls.

Allowing them to have a dedicated setup, managed by a very competent team.

The application deployed on this dedicated setup, is the new age email archival platform. Vaultastic, gives all the control and leverage to customise the environment, which includes retention policies, on-boarding rules, access control policies, administration and ediscovery rights, and more.

About Vaultastic:
Vaultastic is a cloud email archiving solution providing Archival, Compliance, Ediscovery & Backup automation. The solution can archive mail seamlessly from G Suite, Office 365, Zimbra, Microsoft Exchange Server, IBM Notes (Lotus Notes), cPanel, MailEnable, Postmaster and other email solutions. Vaultastic is served from the AWS cloud and provides a data durability of 99.99999999999%.

About Mithi Software:
Mithi, is one of India’s leading software product company and maker of products such as Vaultastic, SkyConnect, ClrStream, Ideolve, ConnectXf etc, distinguishing itself as a provider of Cloud Email, Collaboration, Security and Archiving products that help substantially lower costs & improve productivity. Its software has been powering organisations of all sizes and spread across many enterprise segment such as healthcare, R&D establishments, financial services, education, government, BPOs, software, defence, manufacturing, banks, NGOs, Agro industries, logistics, media, Internet Service Providers, infrastructure, retail, energy & power, transportation etc.

Company and product websites:
www.vaultastic.com/solutions/vaultastic-dedicated-saas
www.vaultastic.com
www.vaultastic.com/product
www.vaultastic.com/email-archiving-plans
www.mithi.com

Contact:
Ashok Malaviya
+91-982-205-3099
ashok@mithi.com

Address:
Mithi Software Technologies
102, MayFair Court, Nachiket Park, Dr. Pai Marg, Baner Road,
Pune 411045, India

Source: Mithi

 

 

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LAS VEGAS, NV – Dec. 4, 2017 — /BackupReview.info/ –

WHO/WHAT:
Join Actifio at Gartner’s annual Gartner IT Infrastructure, Operations Management & Data Conference 2017 to see firsthand how Actifio’s data-as-a-service software is a requirement for any business serious about cloud, devops, and addressing the ever-increasing data privacy, security, and governance requirements.

Schedule a meeting with Actifio at Booth #118 to learn how Data-as-a-Service boils down to letting users access data the same way they’re used to accessing applications and infrastructure: as a service, available instantly, in the data center or across a multi-cloud implementation.

Enterprises of all sizes are embracing agile and continuous integration techniques to accelerate application development and test. Yet data, particularly when it’s large and fast-growing, remains a bottleneck, particularly when it comes to embracing cloud. Hear from Hubert Barkley, CIO (Head of IT) at Waste Industries and Brian Reagan, Actifio CMO Tuesday at 1:15 pm for Data Driven: Moving Data at the Speed of DevOps on the Exhibition Floor!

Looking for more ways to connect with Actifio? Reserve a spot to enjoy time at Topgolf on Monday night from 6:00-9:00 pm.

WHERE: 
Venetian
3355 S Las Vegas Blvd
Las Vegas, NV 89109

WHEN:
December 4-7, 2017

REGISTER:
Book a meeting at Booth #118 with Actifio on this website.

CONTACTS:
To request an interview with Actifio, please contact Meredith Kelly at meredith.kelly@biteglobal.com

For any non-media related questions, please contact events@actifio.com

About the Gartner IT Infrastructure, Operations Management & Data Conference
Gartner IT Infrastructure, Operations Management & Data Center Conference 2017 is the premier gathering for senior IT and business leaders, offering a depth and breadth of I&O topic coverage unavailable at any other event. Gartner I&O analysts present fresh, research-based content and actionable, unbiased advice – all designed to accelerate decision-making, prioritize initiatives, and link I&O strategies to the goals of the business.

About Actifio
Actifio is the world’s leading Data-as-a-Service platform. It enables thousands of users around the world to deliver their data just as they deliver their applications and infrastructure… as a service available instantly, anywhere. An enterprise-class software platform powered by patented Virtual Data Pipeline™ technology, Actifio frees data from traditional infrastructure to accelerate adoption of hybrid cloud, build higher quality applications faster, and improve business resiliency and availability. For more, visit Actifio.com or follow us on Twitter @Actifio.

Media Contact:
Meredith Kelly
Bite for Actifio
meredith.kelly@biteglobal.com

Source: Actifio

 

 

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WebsiteBackupBot.com is now offering a free trial for their new automatic website backup cloud service

Elk Grove, CA – December 3, 2017 — /BackupReview.info/ — Data loss can occur at any time, and it often takes place when it is least expected. The top source of data loss is due to hardware of system malfunctions, at 44 percent, followed by human error at 33 percent, software corruption at 14 percent and computer viruses at seven percent. As a result, it is now more important than ever to invest in website backups on a daily basis.

In an effort to make it easier to backup information contained on websites, as well as websites themselves, Website Backup Bot is now offering a free 30 day-trail to its new cloud-based, backup service.

“We provide our customers with an easy and effective way to take control and protect their data and information,” stated company representative Doran Waugh. “In addition to traditional website backups, we also offer wordpress backups for sites that use this CMS. What’s even better is that our simple user interface which means that anyone – even those who don’t consider themselves tech-savvy – can use our services.”

After the 30-day free trial, customers using the online website backup service from Website Backup Bot will find the prices for continued use are extremely affordable. In fact, there are plans to start at as little as $8 per month. The company is also offering safe and secure cloud storage, and touts their services as providing easy backups for “dummies.”

“We are excited to offer this new service and want our customers to get excited too,” continued Waugh. “This cloud based service will ensure that your website information and data is protected and secure, regardless of the issues that may arise, giving you a higher level of peace of mind. The free trial is going on now and is only offered for a limited time, so visit the site today.”

More information about the cloud-based Website Backup Bot service can be found by visiting the company’s website.

About Website Backup Bot
Website Backup Bot is a unique and innovative tool that can be used for ensuring a site and all the information contained in it are backed up in case the unthinkable happens. Some of the features of this tool include the ability to quickly and easily schedule backups, automated file management, fast one-click restores and more. The company is making regular updates to ensure the tool is continually able to protect client’s information and that it provides top-quality results for any website, regardless of industry or size.

Contact:
Doran Waugh
Website Backup Bot
+1-800-370-1716
websitebackupbot.com

Address:
Website Backup Bot
9055 Locust St., Ste. B5,
Elk Grove, CA,
USA, 95624

Source: Website Backup Bot

 

 

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December 01, 2017

The top 100 online backup companies are grouped into 4 categories, namely:

1) Consumer – for the general consumers

2) Small Medium Business (SMB) – for small and medium businesses

3) Enterprise – for large enterprise corporations

4) Enablers – for enablers, channel, white label companies

The top 100 Online Backup Companies are determined mainly based on these criteria outlined in this article: How Do I Choose the Best Online Backup Provider?

In addition to the points specified in the above link, we also take into consideration news releases companies publish in the preceding month, server stability, reports from our mystery shoppers, our own reviews, the company’s culture and ethics, users’ feedback, company corporate blogs, and more.

To read our official news release regarding our top 100 online backup companies, please click here.

The Top 100 Cloud Backup Companies for December 2017

Online Backup Reviews: Top 25 Top 75 Top 100 Online Backup Service Providers

Unless otherwise indicated, all domains are “dot com” websites.

Note: Some companies might have products and/or services in 2 or more categories.

# CONSUMER SMALL
MEDIUM BUSINESS
ENTERPRISE ENABLERS
01 Carbonite DataDepositBox Databarracks Asigra
02 IDrive Arcserve (Zetta) iomart (Backup-Technology) Veeam
03 Backblaze Carbonite (Business) KeepItSafe DataDepositBox
04 Livedrive IBackup Code42 Novastor
05 Mozy Keepit.com StorageGuardian Rubrik
06 SpiderOak Mozy (Pro) LiveVault StorageCraft
07 Acronis Backup-Everything EVault Acronis
08 Sync.com JungleDisk UKBackup CommVault
09 SugarSync DataPreserve Nasuni Arcserve (Zetta)
10 Dropbox DriveHQ eTegrity Vembu
11 ADrive ElephantDrive Box* Datto
12 KeepVault USDataVault DataStorageCorp Barracuda (Intronis)
13 MyOtherDrive Nordic-Backup Gcomm.com.au Infrascale
14 Box* Azure.Microsoft.com LongViewSystems Druva
15 Backupify** BackupDirect.net BaculaSystems Evault
16 Memopal CloudBerryLab Rackspace Actifio
17 MyPCBackup Novosoft ArmadaBackup Axcient
18 AltDrive NetMass Another9 Redstor (Attix5)
19 EazyBackup.ca SolutionUnion Egnyte Unitrends
20 Google Drive BackupVault.co.uk OBC*** Falconstor
21 OneDrive SafeDataStorage.co.uk FantasticCS.co.uk CTERA
22 Amazon Drive BackupManager GlobalDataVault IBM Spectrum Protect
23 SafeCopyBackup CloudPockets SunGard Ahsay
24 SecureBackup IASOBackup RestorePoint.net Altaro
25 Zoolz CentralDataStorage Zerto**** N2WS

To learn more about the enabling companies and their respective categories, click here.

===========

* Storage and collaboration solution good for consumers as well as enterprises.

** Backupify is a backup tool for social networking accounts (e.g. Google+, facebook, twitter, etc.)

*** OnlineBackupCompany.no (too long to fit in column)

**** Replication solution

===========

Do you have any feedback on these top 4X25 cloud backup companies picks? Are there companies listed in a wrong sector? Did we miss your favourite company? Tell us why. Click here for our directory

 

© 2017 – BackupReview.info

 

 

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December 01, 2017

The growth of the cloud backup industry, over the last decade has been dramatic. The market has witnessed the rise and fall of many startups and stabilization of others. Interestingly, the companies that have gained a strong foothold in the industry are not all similar. There is a subtle distinction in the nature and types of services they offer. Some of these companies are pure enablers, while others combine enablement functions with direct-to-market services. Yet others, may license the software from enablers with or without re-branding options and service the cloud backup service needs of their clients.

Five distinct categories can be identified as under (click on links for details):
1/ Pure Enabler
2/ Enabler & Service Provider – Channel or Direct
3/ Service Provider – Channel Only
4/ Service Provider – Channel and Direct
5/ Service Provider – Direct Only (For complete list of companies, see our top monthly ranking list)

Based on a number of factors, such as technology, features, easy of use, dedication to MSPs, channel, revenue structure, reputation, support, price entry point, value, and corporate culture of the companies, we have summarized our rankings.

The companies are categorized in their respective columns. If we have made an error in the category or companies have changed their business plan and as a result need to be categorized in a different column, please let us know.

Top Online Cloud Backup Enablers

Note: Click on company names to read their profiles

No. Company Ranking (Click links for more details)
Pure Enabler Enabler & Service Provider
Channel or Direct
Service Provider Channel Only Service Provider Channel and Direct
1 Asigra Y
2 Veeam Y
3 DataDepositBox Y
4 Novastor Y
5 Rubrik Y
6 StorageCraft Y
7 Acronis Y
8 CommVault Y
9 Arcserve (Zetta) Y
10 Vembu Y
11 Datto Y
12 Barracuda (Intronis) Y
13 Infrascale Y
14 Druva Y
15 Evault Y
16 Actifio Y
17 Axcient Y
18 Redstor (Attix5) Y
19 Unitrends Y
20 Falconstor Y
21 CTERA Y
22 IBM Spectrum Protect Y
23 Ahsay Y
24 Altaro Y
25 N2WS Y

For online backup companies that offer direct services to end users, please check out our top online backup monthly rankings. These 75 companies are listed in three columns – Consumer, SMBs and Enterprises.

I. Pure Enablers: These are companies that develop and own the online backup software. They license the product to their MSP partners. The MSPs can re-brand the product and sell services under their own banner and brand and are supported by the enabling company for deployment of the software. Pure enablers do not provide any cloud backup services themselves and do not own/host any vaults. No channel conflict. These companies may also partner with distributors and resellers for distribution or sale of licenses.

II. Enablers & Service Providers – Channel or Direct: These are companies who go direct-to-market with online backup services using software developed and owned by them or licensed from other enablers. If they own the software or have the distribution rights for the software they may license the software to their MSP partners for extending the reach of the market. MSPs can only act as channels for the Enabler or use the software (without branding) for providing services to their clients.

III. Service Providers – Channel Only: These are companies who go direct-to-market with online backup services using software developed and owned by them or licensed from other enablers. They may own/host their vaults, but go-to-market ONLY through their wholesale resellers. If they own the software or have the distribution rights for the software, they may license the software to their MSP partners for extending the reach of the market. MSPs can only act as channels for the Enabler or use the software (without branding) for providing services to their clients. They do not sell cloud backup services directly to end-user customers. No channel conflict.

IV. Service Provider – Channel and Direct: These are companies who go direct-to-market with online backup services using software developed and owned by them or licensed from other enablers. These companies license software from enablers, and own/host their vaults, but go-to-market BOTH directly to end-user customers AND through their wholesale resellers. If they own the software or have the distribution rights for the software they may license the software to their MSP partners for extending the reach of the market. MSPs can only act as channels for the Enabler or use the software (without branding) for providing services to their clients. Potential for channel conflict.

V. Service Providers – Direct Only: These are companies who develop and own their own software or license it from an enabler and own/host their vaults, but go-to-market directly to end-user customers. for providing online backup services to their clients. They do not sell cloud backup services via resellers. No channel conflict.

Below are enablers’ ranking profiles:

1. Asigra – Based in Toronto, Canada, Asigra describes itself as a company that is devoted to furthering cloud Backup, Recovery and Restore (BURR) by offering its cloud solutions entirely through its Partner ecosystem. The company prides itself on its role as a cloud service enabler and focuses all its energies on architecting a cloud solution that is agentless; differentiated with a robust backup and recovery engine and a capacity based pricing model. With over thirty years of experience and 1,000,000 deployments globally, Asigra is distinguished by its innovation and efforts at educating the data protection marketplace and driving the demand for best-of-the-breed cloud-based services. The company assumes a non conflicting role and believes in creatively nurturing its Partner ecosystem by providing its partners with value beyond the software. Asigra is committed to providing its partners with effective marketing and sales tools to help them scale their cloud backup business and position themselves as leaders within the market. With an aggressive Partner Program, Asigra partners are able to deploy cost-effective public, hybrid and private cloud solutions to consumers, SMBs and Enterprises worldwide. Service Providers Powered by Asigra, including Terremark (a Verizon company), NTT America, Centre Technologies, Highstreet IT Solutions, INFINIT Consulting, Pulsant and Backup Technology, are actively helping define standards for the industry. David Farajun, the CEO of the company does not hesitate to declare that Asigra’s success is defined by the success of its partners. For more information, visit www.asigra.com

2. Veeam – Founded in 2006, Veeam currently has 51,000+ ProPartners and 267,500+ customers with the highest customer satisfaction scores in the industry. It is headquartered in Baar, Switzerland, with has offices in more than 30 countries. Veeam® recognizes the new challenges companies across the globe face in enabling the Always-On Enterprise™, a business that must operate 24.7.365. To address this, Veeam has pioneered a new market of Availability for the Always-On Enterprise™ by helping organizations meet recovery time and point objectives (RTPO™) of less than 15 minutes for all applications and data, through a fundamentally new kind of solution that delivers high-speed recovery, data loss avoidance, verified recoverability, leveraged data and complete visibility. Veeam Availability Suite™, which includes Veeam Backup & Replication™, leverages virtualization, storage, and cloud technologies that enable the modern data center to help organizations save time, mitigate risks, and dramatically reduce capital and operational costs, while always supporting the current and future business goals of Veeam customers. To learn more, visit https://www.veeam.com or follow Veeam on Twitter @veeam.

3. DataDepositBox – DataDepositBox’s Partner programs enable more than 1,000 MSPs, and OEMs offer branded online backup and recovery services to more than 200,000 customers across sectors with a minimum monthly commitment or on an agreed commission basis. An integrated remote desktop feature of the software links mobile workers and remote offices with the service provider’s data center and creates the necessary mesh for effective anywhere, anytime, business operations. Partners can set up the entire system in a few hours. The powered by label on the partner website defines the source of the SaaS software engine that keeps the system running. The account management web portal is template based and can be customized by the Partner to their taste. The GUI facilitates personalization and management of APIs with carrier class scalability and reliability. The authorized reseller has full access to all the knowledge resources of the parent company, including marketing and sales strategies. Partners can use the logo and trademark; marketing collateral materials; online banners and email marketing templates to position themselves effectively in their chosen market. For additional information, please visit www.datadepositbox.com

4. NovaStor – NovaStor, a global company with offices in Switzerland, Germany and the U.S., markets its award-winning, Cloud, SMB and Enterprise backup and recovery products through MSPs, VARs, OEMs and System Retailers. It guarantees its Partners, Cloud, MSP, SMB and Enterprise customers personal account management, enticing discounts, extensive tailor-made product training, efficient lead generation, practical support for marketing and 24-7 local technical support. Further, it provides these Enterprise, Cloud and MSP Partners and customers with unlimited access to support forums, information portals and a variety of workshops, webinars and training sessions to promote the commercial interests of their partners. Partners and MSPs who sign up with NovaStor can expect to have the company’s full attention and support in building long-term, solid business relationships that are founded on transparency, simplicity and personal interaction. NovaStor proudly asserts on its website that its partner program constructs with all components required to to build successful companies that can capitalize on growth markets and create wealth for all stakeholders. The programs are designed to ensure that NovaStor and its partners, some of which include HP, General Mills, and Tieto, go to market with complete confidence that they will be successful together. For additional information, please visit www.novastor.com

5. Rubrik – Launched in 2014 and headquartered in Palo Alto, California, Rubrik is one of the latest companies to enter the data protection space. It has developed the world’s first Cloud Data Management platform for data protection, search, analytics, archival and copy data management for hybrid cloud enterprises. With its motto to “simplify how businesses around the World keep and use their data”, Rubrik builds beautifully simple products for businesses to meet their most challenging data management needs. Rubrik blends expertise from both consumer and enterprise worlds to pioneer a fresh approach to an old problem. It combines traditional backup with the ability to recover, manage, and secure data across public and private clouds. In its short existence, Rubrik has spread its wings in 5 continents and grown into a 600 employee corporation, and now has $150M run-rate in bookings in just 8 quarters of selling, and signed 500+ channel partners across the globe. It has received numerous industry awards including: #7 on LinkedIn’s Top Companies | Startups 2017 list, Gartner Visionary in 2017 Magic Quadrant for Data Center Backup and Recovery Solutions, Gartner Cool Vendor, Forbes Cloud 100, Forbes Next Billion Dollar Companies, Business Insider’s 51 Enterprise Startups to Bet Your Career On, InformationWeek Top 25 Vendors to Watch, CFO.com Top 20 Companies to Watch, Best of VMworld, and CRN Emerging Vendors, among others. Fortune 500 companies use Rubrik to manage data at scale while realizing data-driven services anytime, anywhere. “All Your Apps. Instantly Available.” For more information, please visit www.rubrik.com

6. StorageCraft - Utah-based StorageCraft does not operate entirely through its channel partners. It sells its cloud-based storage services directly to the customer; supporting its partners in increasing the reach of the business; sharing success while acknowledging that the success of its partners is indeed a benchmark for its own success. Partners signing up for the Reseller, MSP or OEM programs, will find that this company is focused on providing innovative ways of ensuring the growth of their partner’s business–be it hand holding them through the set up phase or guiding them through the development and growth phases. The different flavors of the ShadowProtect software that are being marketed by StorageCraft, have won several industry awards for its fast and accurate backup, reliable disaster recovery, secure data protection and is considered the gold standard for system migration for Windows Desktops and servers. The products have the proven capacity to lower costs; reduce downtime; improve security; ensure stability and integrate the remote and mobile systems with the enterprise network. For additional information, please visit www.storagecraft.com

7. Acronis - Headquartered in Burlington, MA and founded in 2002, Acronis a truly global provider of leading backup, disaster recovery, and secure file sharing and file access solutions. Acronis is a fast-growing international company with over 700 employees and over 900 partners in more than 145 countries worldwide. Acronis boasts well over 5,000,000 individual customers and over 500,000 business customers from various industries and has more than 50 patents under its name. Acronis’ award winning customer support centers offer 24/7 assistance to its customers worldwide. Acronis can help you securely migrate, protect and recover critical data wherever it resides in your physical, virtual or cloud environments. With a Unified Platform and new generation technology, its innovative solutions are designed to ease the management burden and reduce total cost of ownership, while improving your recovery time objectives. Acronis provides complete, efficient, and reliable backup solutions for desktop, server, virtual, and cloud environments, as well as leading file sharing and sync solutions for mobile devices. For more information, please visit www.acronis.com

8. CommVault – Commvault is a leading provider of data protection and information management solutions. A Gartner Leader in Data Center Backup and Recovery market for the sixth consecutive year, Commvault helps companies worldwide activate their data to drive more value and business insight and to transform modern data environments. With solutions and services delivered directly and through a worldwide network of partners and service providers, Commvault solutions comprise one of the industry’s leading portfolios in data protection and recovery, cloud, virtualisation, archive, file sync and share. Commvault has earned accolades from customers and third party influencers for its technology vision, innovation, and execution as an independent and trusted expert. Without the distraction of a hardware business or other business agenda, Commvault’s sole focus on data management has led to adoption by companies of all sizes, in all industries, and for solutions deployed on premise, across mobile platforms, to and from the cloud, and provided as-a-service. For additional information, please visit www.commvault.com

9. Arcserve (Zetta) - Arcserve is a leading provider of data protection and recovery solutions, giving organizations the assurance that they can recover their data and applications when needed. Launched in 1990, Arcserve now provides a comprehensive solution for cloud, virtual and physical environments, on premise or in the cloud. Once synonymous with legendary tape backup software, Arcserve has since been hard at work reinventing the industry. After 18 years under the CA Technologies umbrella, Arcserve struck out on its own as an independent, private data protection company. Understanding the importance of being nimble, Arcserve built out a portfolio of data protection technologies with an eye toward flexibility, scalability, and ease-of-use. The company was first to market with a unified data protection solution that offers comprehensive features and functionality, including industry-proven backup, replication, high availability, and true global deduplication—all managed from a single pane of glass. Arcserve Unified Data Protection (UDP) was launched first as a software, then as a physical appliance, and now in the cloud. Backed by unsurpassed support and expertise, Arcserve’s award-winning backup and recovery solutions are used by 45,000 end users in more than 150 countries, and distributed by over 7,500 distributors, resellers and service providers around the world. Arcserve is headquartered in Minneapolis, Minnesota with offices around the world. In 2017, Arcserve acquired Zetta (www.zetta.com) a leading company in the space that provides an enterprise-grade 3-in-1 backup, disaster recovery and archiving technology for small/medium enterprises, MSPs, VARs, and System Integrators. Zetta, features local, offsite, archiving and disaster recovery functionality integrated into a single solution. Zetta’s Smart Cloud, which integrates the functionality of backup, snapshot and replication technology, abolishes the need for a local appliance. For additional information, visit www.arcserve.com

10. Vembu – Vembu is not a direct-to-customer sales Company. This, Chennai, India based company, takes its place in the cloud backup and recovery marketplace as a cost effective, hybrid data protection product developer, catering to the needs of small and medium businesses, through the agency of its partners. With over 2000 MSPs, VARs, resellers and distributors registered and marketing its product– StoreGrid–the company categorizes as a cloud enabler–a service provider’s service provider. Vembu’s award winning software StoreGrid–is built around a simple, pay as you go licensing model that integrates business automation and RMM platforms; supports backup of Disk Image, MS SQL, MS Exchange, MS Sharepoint, MySQL, VMWare and Oracle and the interfaces are completely customizable and brandable. The company nurtures its partners by constantly interacting with them at webinars and conferences and providing them with a range of marketing strategy tools. The company’s dynamic and interactive website provides partners and their customers with access to support forums, How-to videos, knowledge bases, FAQs and other systems. For additional information, please visit www.vembu.com

11. Datto - Datto Inc. is an award-winning global vendor of backup, disaster recovery (BDR) and Intelligent Business Continuity (IBC) solutions, providing best-in-class technology and support to its 5,000+ channel Partners throughout North America and Europe. Datto is the only hybrid-cloud BDR/IBC vendor that provides instant on- and off-site virtualization, and screenshot backup verification, achieved through its Inverse Chain Technology(TM). Catering to the specific needs of the small to medium-size business market, the Datto product line is comprised of three families; Datto SIRIS 2 (SIRIS 2 Business, SIRIS 2 Professional, SIRIS 2 Enterprise), Datto ALTO 2 (ALTO 2, ALTO XL, ALTO XL Professional), and Datto NAS. Datto partners with the best technology providers in the industry to deliver the most robust and seamless BDR and business continuity solutions available, including: AutoTask, ConnectWise, Kaseya, Level Platforms, Servoyant and StorageCraft. Founded in 2007 by Austin McChord, Datto is privately held. For more information, please visit www.datto.com

12. Barracuda – Barracuda (NYSE: CUDA) simplifies IT with cloud-enabled solutions that empower customers to protect their networks, applications, and data, regardless of where they reside. These powerful, easy-to-use and affordable solutions are trusted by more than 150,000 organizations worldwide and are delivered in appliance, virtual appliance, cloud and hybrid deployments. Barracuda’s customer-centric business model focuses on delivering high-value, subscription-based IT solutions that provide end-to-end network and data security. Barracuda’s data protection business includes Barracuda Backup, a solution designed for the cloud that provides the flexibility to easily back up data wherever it resides – on premises or in the cloud – and replicate data to a secure cloud or to a private location. Barracuda Backup can be deployed as a purpose-built backup appliance, in virtual environments, or for cloud-to-cloud backup. Barracuda Backup physical appliance combines software, local storage and offside replication in a single package. Barracuda Backup Vx is a software solution for virtual environments that leverages existing compute and storage infrastructures. Barracuda Cloud-to-Cloud Backup replicates data from supported cloud environments into Barracuda’s Cloud Storage. For additional information, please visit barracuda.com

13. Infrascale – Infrascale is a parent company of SOS Online Backup (www.SOSOnlineBackup.com), a leading provider of cloud backup, recovery and archiving solutions for businesses and consumers, supporting more than 50,000 small businesses and individuals around the world. Infrascale provides the most powerful disaster recovery and cloud backup solutions in the world, and is recognized as a 2017 Gartner Leader for Disaster Recovery as a Service. Founded in 2011, the company aims to give every organization the ability to recover from a disaster — quickly, easily and affordably. Combining intelligent software with the power of the cloud, Infrascale cracks the disaster recovery cost barrier by removing the complexity and cost of standby infrastructure to restore operations in minutes with a push of a button. Infrascale equips businesses with the confidence to handle the unexpected by providing less downtime, greater security, and always-on availability. Visit www.infrascale.com or follow us on Twitter at @Infrascale for more information.

14. Druva – Druva is the global leader in Cloud Data Protection and Management, delivering the industry’s first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence–dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva’s award-winning solutions intelligently collect data, and unify backup, disaster recovery, archival and governance capabilities onto a single, optimized data set. As the industry’s fastest growing data protection provider, Druva is trusted by over 4,000 global organizations, and protects over 40 PB of data. Learn more at www.druva.com and join the conversation at twitter.com/druvainc

15. EVault – EVault ends controversies surrounding on-premise and cloud-connected storage services. This San Francisco, California based company has leveraged its two decade long experience in cloud computing, in creating a hybrid solution that connects the on-premise data stores to the offsite, remote storage cloud. The company takes pride in declaring that their software never backs down. Always backs you up. MSPs, data centers, telecommunication carriers, application providers and a host of technology providers, partner with EVault to reach out to customers and deliver hybrid cloud storage solutions that are brand able, scalable, secure and reliable. The overarching company policy dictates that the company’s executives find ways and means of reducing their carbon footprint and contribute to the creation of environmentally friendly software. Consequently, the architecture design systematically reduces overuse of hardware or energy and minimizes system activities. EVault can be purchased as a license or a service or both and partners can enjoy access to a wealth of partner resources and unfailing technical support in hybrid cloud deployments. For additional information, please visit www.evault.com

16. Actifio - Actifio is the world’s leading Data-as-a-Service platform. It enables thousands of users around the world to deliver their data just as they deliver their applications and infrastructure… as a service available instantly, anywhere. An enterprise-class software platform powered by patented Virtual Data Pipeline™ technology, Actifio frees data from traditional infrastructure to accelerate adoption of hybrid cloud, build higher quality applications faster, and improve business resiliency and availability. Actifio comes with rapid incremental forever backup and scalable instant recovery for database, NAS and file workloads in VMs, physical machines, and the Cloud; and a high-performance, scalable database cloning and instant recovery solution that is purpose-built for Oracle, MS SQL and ERP applications. Enterprise customers use Actifio to build higher quality applications faster by making high fidelity test data instantly available to authorized developers, to improve business resiliency and availability by rendering traditional backup and disaster recovery point tools obsolete, and to accelerate adoption of hybrid cloud architectures in service to those and many other enterprise use cases. Actifio captures data at a block level in native format, according to customized SLA, allowing to manage a physical copy, moved once and stored anywhere. Actifio uses unlimited virtual copies for instant access and protection, reducing business risk by minimizing application downtime, drastically reducing backup windows, and delivering lower RTOs and RPOs, for any size dataset across a wide variety of enterprise applications. Actifio delivers maximum advantage with lower TCO by reducing license, infrastructure, and operational costs, and by eliminating multiple point tools, data sprawl and manual processes. Actifio is Agile, Resilient, Independent, Secure and Scalable. For more, visit Actifio.com or follow us on Twitter @Actifio.

17. Axcient – Axcient (founded in 2006 at Mountain View, California), is a privately held company backed by Allegis Capital, Peninsula Ventures and Thomvest. The Company provides cloud services through a network of MSPs, distributors and resellers. A dedicated management team is geared to develop its partner programs and provide continuous support with a variety of training options and co-marketing choices. Certification of at least one member of the staff as Axcient Support Technician is a precondition to partnership. The company does not encourage development or modification of Axcient’s appliances or request for phone based trainings. The frictionless partnership philosophy is extended to partner relations and indirectly to customer relations. The Axcient platform combines ease of use with unprecedented uptime guarantees to the small and medium business segment. Users can expect to enjoy cost savings with pay as you go service features, zero investment in infrastructure, license or software expenditures. The service integrates the best elements of on-premise data protection and online disaster recovery services to ensure customer satisfaction. For additional information, please visit www.axcient.com

18. Redstor (Attix5) - Founded in the UK in 1998, and headquartered in Reading, UK, Redstor is a well-respected and trusted global provider of cloud backup and disaster recovery software and services. Redstor is a fast growing, international, data management software as a service (SaaS) business. In the fall of 2015, Redstor acquired Attix5, a South African based cloud backup enabling company. For almost two decades, Redstor has been the Data Management & Security Company of choice for businesses and organisations looking for a trusted advisor to manage and secure their data. Redstor’s focus is on partner-enabled cloud backup as a service (BAAS), delivering these services either through its own storage platforms around the world, or by supplying its Backup Pro software to power its partners’ own service platforms. Redstor-powered services are currently available through hundreds of partners worldwide. As an ISO 27001 and ISO 9001 certified organisation, Redstor combines technical excellence with proven processes to deliver innovative, flexible and secure cloud services that reduce risks and cost to end users. Redstor platform currently addresses Backup, DR and Archiving and its journey is towards incorporating security, access and insight, all managed and controlled from one place. Restor gives its customers control over their most valuable asset — their data — wherever, whenever, all from a single console. For more information, visit www.redstor.com

19. Unitrends - Headquartered in Burlington, MA, Unitrends increases uptime, productivity and confidence in a world in which IT professionals must do more with less. Unitrends leverages high-availability hardware and software engineering, cloud economics, enterprise power with consumer-grade design, and customer-obsessed support to natively provide all-in-one enterprise backup and continuity. The result is a “one throat to choke” set of offerings that allow customers to focus on their business rather than backup. Unitrends eliminates backup complexity and stress with all-in-one enterprise backup and continuity. Unitrends provides simpler, better, and smarter IT solutions, allowing you to get more free time with all-in-one backup appliances powered by simplicity. Unitrends solutions are pre-integrated and optimized with high-speed performance, deduplication, and predictive analytics needed to protect diverse environments. Built-in ransomware detection and SLA Policy Automation save time and deliver complete confidence in recovery. Learn more by visiting www.unitrends.com or follow on Twitter @Unitrends and LinkedIn.

20. FalconStor - Headquartered in Melville, NY, FalconStor Software, Inc. is a publicly traded company on the OTC. It is a leading storage software company offering a converged data services software platform that is hardware agnostic. Our open, integrated flagship solution FreeStor® reduces vendor lock-in and gives enterprises the freedom to choose the applications and hardware components that make the best sense for their business. We empower organizations to modernize their data center with the right performance, in the right location, all while protecting existing investments. FalconStor’s mission is to maximize data availability and system uptime to ensure nonstop business productivity while simplifying data management to reduce operational costs. Our award-winning solutions are available and supported worldwide by OEMs as well as leading service providers, system integrators, resellers and FalconStor. The Company is headquartered in Melville, N.Y. with offices throughout Europe and the Asia Pacific region. For more information, visit www.falconstor.com or call 1-866-NOW-FALC (866-669-3252).

21. CTERA Networks - CTERA Networks revolutionizes storage and data protection for SMBs and branch offices with Cloud Attached Storage®, a hybrid solution that combines secure cloud storage services with on-premises storage appliances for a seamless user experience. Current solutions for data storage and data protection – such as file servers and backup tape drives – are unnecessarily expensive and disparate. Since SMBs and branch offices are in short supply of IT staff and data management practices are often non-existent, there is a real need for a cost-effective, all-in-one solution for centralized storage and secure off-site data protection. Cloud Attached Storage by CTERA is the answer to the storage and data protection woes of SMBs and remote/branch offices (ROBO). Integrating reliable cloud storage with appliances that are integrated cloud storage gateways and network attached storage (NAS) devices, it provides much needed reliability and storage flexibility, bundled as an easy-to-use, remotely managed storage service. CTERA has designed its technology to cater to the needs of service providers, and is partnering with leading cloud service providers, MSPs and resellers to deliver managed storage, hybrid local/off-site backup and file sharing services to their customers. CTERA Networks is privately held and backed by Benchmark Capital. For additional information, please visit www.ctera.com

22. IBM Spectrum Protect - A solution by IBM, one of the leading technology companies, IBM Spectrum Protect™ (ISP) can simplify data protection where data is hosted in physical, virtual, software-defined or cloud environments. With ISP, you can choose the right software to manage and protect your data, while also simplifying backup administration, improving efficiencies, delivering scalable capacity and enabling advanced capabilities. ISP provides a single data protection platform and simplified administration for virtual and physical machines, using snapshots and backups. It is easy to use, provides policy-based multi-site replication, and flexible restore capabilities, allowing companies to scale and adapt quickly to changing business needs, without compromising security, privacy. It scales quickly and reduces backup infrastructure costs by more than half. ISP also feature: Automated deployment steps, Built-in cloud integration, Scalable performance, Multi-site replication, Optimized data protection, Reduced backup infrastructure costs, and Virtualized, software-defined infrastructures. For more information, visit: www.ibm.com

23. Ahsay - Based in Hong Kong, Ahsay is one of the pioneering companies in the industry, having developed online backup software in 1999. Ahsay Backup Software Development Company Limited has been listed on the GEM Board of The Stock Exchange of Hong Kong Limited since 8th of October 2015. Ahsay, as an online backup software developer, is mainly engaged in (i) software license sales, (ii) software license leasing, (iii) software upgrades and maintenance services, (iv) other services, and (v) sale of hardware devices. Ahsay focuses on providing its self-developed backup software products and service to customers which include IT consultants, web hosting companies, telecommunication companies and managed service providers (“MSPs”) in Europe and North America. Although Ahsay is being used by thousands of resellers and end users, it prefers to keep low profile, issuing minimal press releases and avoiding the industry media. Ahsay’s software comes with robust backup features, allowing service providers to offer whitelabel solutions to their end customers. Ahsay is the largest backup software provider in Hong Kong. For more information about the Group, please visit: www.ahsay.com.hk

24. Altaro - Founded in 2009, and headquartered in Malta, Altaro is a fast-growing developer of Altaro VM Backup, an easy to use and affordable backup and recovery solution specializing in backup for virtualized environments, built specifically for small and mid-market businesses, with up to 50 servers, and is trusted by over 40,000 small and mid-market businesses globally. Altaro has grown rapidly over the years with the flagship solution Altaro VM Backup, which gained traction as the natural choice for Hyper-V and VMware data backups and recovery. Altaro VM Backup was born out of a need which the company faced in the early days of its startups. Backing up and restoring VMs was a needlessly complicated process without the use of a 3rd party tool, while existing backup solutions were expensive, still complicated to configure and use and was unreliable when restore was needed. Altaro is backed by an outstanding, personal support team, who are determined to help you succeed in protecting your environment. It provides customers with full-featured, affordable backup software that is intuitive and easy to use, well priced and most of all very secure. Altaro maintains 99% of customers satisfied, and empowers more than 7,000 Partners. For more information, visit: www.altaro.com

25. N2WS - Headquartered in Tel Aviv, Israel, and founded in 2012, N2W Software is the leading provider of enterprise-class backup, recovery and disaster recovery solutions for Amazon EC2, RDS and Redshift. N2W mission is to provide enterprise-class data protection for production environments, deployed in the public cloud. Used by hundreds of customers worldwide to backup thousands of production servers, N2W’s Cloud Protection Manager (CPM) from N2W Software was designed and built from the ground up to meet the backup and DR requirements of the most demanding customers migrating to the public cloud. CPM is now a leading enterprise-class backup, recovery, and disaster recovery solution specifically optimized for Amazon’s AWS EC2, RDS and Redshift infrastructure. CPM is the preferred backup solution for Fortune 500 companies, enterprise IT organizations and Managed Service Providers operating large-scale production environments in AWS. N2WS markets itself as the “#1 Backup for AWS”. For more information, visit www.n2ws.com

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www.BackupReview.info releases ranking of the top 100 online backup companies, categorized into four sectors: Consumer, SMB, Enterprise, and Enablers; based on predefined standardized criteria, to help users select the appropriate online backup company.

December  01, 2017 - BackupReview.info publishes the December 2017 list of top ranking cloud backup companies, categorized into four sectors: Consumer, SMB, Enterprise, and Enablers. The list comprises of 25 companies under each category, for a total of 100 online backup solutions, based on standardized criteria defined on its site. This standardization of selection criteria goes a long way towards enabling users select the right online backup service for their specific needs.

“From 2005 to 2009, we ranked the top 25 companies on a monthly basis in one basket; and that was not easy to identify the solutions easily. Then in 2009, we added 50 more companies and started ranking the top 75 companies in three sectors – Consumer, SMB and Enterprise solutions. And beginning the October 2011 ranking, we have added a fourth column that identifies and ranks the top enablers”, said editor Ezra Brook.

The top companies are presented in order of their rankings.

With hundreds of companies offering seemingly the same service, choosing the best online backup provider could be challenging. Users need a standard set of criteria on which to evaluate the different services and understand which one would suit them the best. Factors that generally play a role in selecting online backup service include service requirements such as: cost per GB, cost per PC or per account, security, speed (backup and restore), reliability, uptime, quality, customer service, accessibility and financial standing of the company.

For more details, check our criteria – How Do I Choose the Best Online Backup Provider.

The top 5 cloud backup companies, from each sector include:

  • Consumer: Carbonite, IDrive, Backblaze, Livedrive, and Mozy
  • SMB: DataDepositBox, Arcserve, CarboniteBusiness, IBackup, and Keepit.com
  • Enterprise: Databarracks, iomart, KeepItSafe, Code42, and StorageGuardian
  • Enablers: Asigra, Veeam, DataDepositBox, NovaStor, and Rubrik

The complete list of the top 100 cloud backup companies for December 2017 is found here.

BackupReview.info’s reviews, daily up to date news, articles and monthly rankings of the top online backup services, are supplemented with the voices from online backup and data storage companies. The CEO Interview spotlight section features interviews with CEOs/VPs and other senior executives of online backup and data storage companies. The ranking of the top 100 online backup companies is the endpoint of dedicated research and hours of hard work on the part of our research team. Interviews with key personnel in the online backup and data storage industry, reviews, articles on backup basics and links to third party websites on the site, bring a 360 degree view of the online backup and data storage industry.

About the company:

BackupReview.info has been running since 2004 and is dedicated to serving the online backup and data storage industry. By providing all relevant information, BackupReview helps potential users make the right choice for online backup solution.

The site’s daily posts are published in a number of other websites, including Twitter, and its complimentary blog. The complete list of sites, where BackupReview’s posts are published, is found here.

Feature highlights of the site include: Daily up to date cloud backup and storage news, directory of online backup companies, articles on backup basics, reviews of online backup services by its editors, and from other review sites, and aggregated online backup companies’ corporate blogs.

For more information, please visit: http://www.backupreview.info/.

Contact:

BackupReview.info

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CTERA’s Military-Grade File Services Platform Earns FIPS 140-2 Certification, Fueling Continued Momentum in Federal and Defense Sectors

NEW YORK, NY – November 30, 2017 — /BackupReview.info/ — CTERA Networks today announced that the CTERA Enterprise File Services Platform is Federal Information Processing Standards Publication 140?2 (FIPS 140-2) validated. The security designation represents the highest level of data encryption and one of the reasons why the world’s most security-conscious organizations – including federal and defense organizations – choose CTERA for their digital transformation initiatives.

CTERA provides a cyber-hardened platform that enables modern content collaboration and data protection certified to meet the requirements of the most sensitive workloads, using end-to-end security with customer controlled key management and authentication.

The FIPS 140-2 validation process is known for its rigor and is required for providing services to highly secure organizations like U.S. federal government and defense agencies. Many vendors list their systems as ‘compliant’ with FIPS 140-2, but not all have been validated by a third-party testing laboratory to meet requirements for areas such as random number generation, key management, and approved algorithms. CTERA’s edge filers, software agents, and Portal are all included under the validated designation.

“CTERA fills a void in the federal sector created by cloud solutions that cannot offer total privacy, security, compliance, and ownership of organizational data,” said Shawn Harbert, Senior Solutions Architect at World Wide Technology, Inc., a leading technology integrator. “CTERA’s highly secure approach to content collaboration and data protection strengthens our defense solutions portfolio and helps us engage the most security-conscious organizations in the world.”

“The modernization of aging file services is a top priority for government and defense agencies, but cloud transformation initiatives introduce security risks that are unacceptable for these types of organizations,” said Aron Brand, CTO, CTERA. “CTERA addresses these challenges with an on-premises, private file services platform that delivers the same resiliency, productivity and elasticity as cloud based file services, while meeting the stringent security requirements of FIPS 140-2.”

CTERA has powered the file services initiatives of several of the world’s largest and most secure government and defense organizations. In 2016 CTERA was awarded a contract from DISA (Defense Information Systems Agency) to provide private cloud content collaboration services to the U.S. Department of Defense (DoD), and added support for Common Access Cards authentication technology (CAC) for government-issued smartcards. CTERA has since expanded its presence across various DoD agencies, federal organizations, and government defense contractors.

CTERA’s proven military-grade architecture includes advanced security features beyond encryption including Active Directory/LDAP and single sign-on (SSO) integrations, multi-tenancy, data loss prevention (DLP), and antivirus support – all from an in-firewall deployment. The FIPS 140-2 certification is another proof point of CTERA’s commitment to offering the most secure enterprise file services platform to its global defense customers.

Supporting resources:
CTERA CTO blog post: To FIPS or Not to FIPS? – http://www.ctera.com/company/blog/to-fips-or-not-to-fips
FIPS 140-2 Non-Proprietary Security Policy: CTERA – https://csrc.nist.gov/csrc/media/projects/cryptographic-module-validation-program/documents/security-policies/140sp2852.pdf
CTERA End-to-End Security – http://www.ctera.com/technology/end-to-end-security/

About CTERA
Trusted by Fortune 100, government organizations and leading service providers, CTERA provides the only cyber-hardened and completely unified file sharing and data protection platform that allows enterprise IT to address the full continuum of global file services from the cloud infrastructure of their choice. CTERA is leading the digital transformation of enterprises to cloud-enabled file services, with millions of corporate users 10s of thousands of cloud-enabled offices worldwide.

Contact:
InkHouse
Jill Rosenthal
ctera@inkhouse.com

Source: CTERA Networks

 

 

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  • Revenue of $129.3 Million, Up 26 Percent Year-Over-Year
  • Billings of $141.5 Million, Up 26 Percent Year-Over-Year
  • Cash Flow from Operations of $14.1 million, up $20.9 Million Year-Over-Year
  • Free Cash Flow of $6.3 million, Up $17.2 Million Year-Over-Year

REDWOOD CITY, CA – Nov. 29, 2017 — /BackupReview.info/ — Box, Inc. (NYSE:BOX), a leader in cloud content management, today announced financial results for the third quarter of fiscal 2018, which ended October 31, 2017.

“In Q3, we continued to extend our lead in cloud content management by innovating on our core products and by unveiling new capabilities like Box Skills and Box Graph that will help enterprises bring AI and machine learning to their content in Box,” said Aaron Levie, co-founder and CEO of Box. “By making Box the most intelligent and secure cloud content management platform, we are becoming more and more critical to powering our customers as they modernize their businesses and drive digital transformation.”

“We are driving operational efficiencies across our business as evidenced by a year-over-year improvement of $21 million in our cash flow from operations to $14 million,” said Dylan Smith, co-founder and CFO of Box. “With our ability to balance innovation, growth and profitability, we are well-positioned to achieve our $1 billion revenue target in the coming years.”

Fiscal Third Quarter 2018 Financial Highlights

  • Revenue for the third quarter of fiscal 2018 was a record $129.3 million, an increase of 26% from the third quarter of fiscal 2017.
  • Deferred revenue as of October 31, 2017, was $253.0 million, an increase of 31% from October 31, 2016.
  • Billings for the third quarter of fiscal 2018 were $141.5 million, an increase of 26% from the third quarter of fiscal 2017.
  • GAAP operating loss in the third quarter of fiscal 2018 was $42.6 million, or 33% of revenue. This compares to GAAP operating loss of $37.8 million, or 37% of revenue, in the third quarter of fiscal 2017.
  • Non-GAAP operating loss in the third quarter of fiscal 2018 was $17.0 million, or 13% of revenue. This compares to a non-GAAP operating loss of $17.3 million, or 17% of revenue, in the third quarter of fiscal 2017.
  • GAAP net loss per share, basic and diluted, in the third quarter of fiscal 2018 was $0.32 on 135 million shares outstanding, compared to a GAAP net loss per share of $0.30 in the third quarter of fiscal 2017 on 128 million shares outstanding.
  • Non-GAAP net loss per share, basic and diluted, in the third quarter of fiscal 2018 was $0.13, compared to non-GAAP net loss per share of $0.14 in the third quarter of fiscal 2017.
  • Net cash provided by operating activities in the third quarter of fiscal 2018 totaled $14.1 million. This compares to net cash used in operating activities of $6.8 million in the third quarter of fiscal 2017.
  • Free cash flow in the third quarter of fiscal 2018 was positive $6.3 million. This compares to negative $10.9 million in the third quarter of fiscal 2017.

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 measures and certain key metrics to their nearest comparable GAAP measures at the end of this press release.

Business Highlights since Last Earnings Release

  • Grew paying customer base to 80,000 businesses, including new or expanded deployments with leading organizations such as Conair, Foster Farms, HGST, LionsGate, Nuclear Regulatory Commission and U.S. Food and Drug Administration.
  • Hosted the most successful BoxWorks to date, which attracted a record number of attendees representing Fortune 1000 companies and featured partners such as Google, IBM and Microsoft.
  • Announced that Box using Azure is generally available. Box using Azure is the first product milestone in the expanded partnership between Box and Microsoft, which also enables both companies to co-sell Box offerings that leverage Azure.
  • Unveiled Box Skills, a framework for applying state-of-the-art machine learning tools such as computer vision, video indexing and sentiment analysis to content stored in Box. At BoxWorks 2017, Box showcased skills powered by Google Cloud, IBM Watson and Microsoft Cognitive Services.
  • Announced Box Skills Kit, a set of developer resources for building custom skills for Box.
  • Introduced Box Graph, an intelligent network of content, relationships and activity that will power new experiences and services for Box users and enterprises. The first new experience, Feed, is a personalized activity feed that leverages machine learning to recommend content for each user.
  • Announced the general availability of Box Relay, a new workflow product co-developed with IBM that allows users to easily build, manage and track their own workflows.
  • Released Box’s integration with Apple’s new Files app as part of iOS 11.
  • Announced that Box was positioned as a visionary in the Content Services Platform Magic Quadrant report by Gartner.

Outlook

  • Q4 FY18 Guidance: Revenue is expected to be in the range of $136 million to $137 million. GAAP and non-GAAP basic and diluted earnings per share are expected to be in the range of ($0.27) to ($0.26) and ($0.08) to ($0.07), respectively. Weighted average basic and diluted shares outstanding are expected to be approximately 137 million.
  • Full Year FY18 Guidance: Revenue is expected to be in the range of $505 million to $506 million. GAAP and non-GAAP basic and diluted earnings per share are expected to be in the range of ($1.19) to ($1.18) and ($0.45) to ($0.44), respectively. Weighted average basic and diluted shares outstanding are expected to be approximately 134 million.

All forward-looking non-GAAP financial measures contained in this section titled “Outlook” exclude estimates for stock-based compensation expense, intangible assets amortization and certain legal settlement and related costs. Box has provided a reconciliation of GAAP to non-GAAP earnings 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.

The access details for the live conference call are:
+ 1-866-393-4306 (U.S. and Canada), conference ID: 2475079
+ 1-734-385-2616 (international), conference ID: 2475079

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:
+ 1-855-859-2056 (U.S. and Canada), conference ID: 2475079
+ 1-404-537-3406 (international), conference ID: 2475079

Box has used, and intends to continue to use, its Investor Relations website (www.box.com/investors), as well as certain Twitter accounts (@boxhq, @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 measures and certain key metrics to their nearest comparable GAAP 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 and uncertainties, including statements regarding Box’s expectations regarding the size of its market opportunity, the demand for its products, its ability to scale its business and drive operating efficiencies, its ability to achieve its revenue target of $1 billion in the coming years, expectations regarding its ability to achieve positive free cash flow for its fourth quarter and for its full fiscal year ending January 31, 2018, profitability, the timing of recent and planned product introductions and enhancements, the short- and long-term success, market adoption and benefits of such product introductions and enhancements, and the success of strategic partnerships, as well as expectations regarding its revenue, GAAP and non-GAAP earnings per share, the related components of GAAP and non-GAAP earnings per share, and weighted average basic and diluted outstanding share count expectations for Box’s fiscal fourth quarter and full fiscal year 2018 in the section titled “Outlook” above. 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; (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) risks associated with Box’s ability to manage its rapid growth effectively; (6) Box’s limited operating history, which makes it difficult to predict future results; (7) 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; (8) Box’s ability to provide timely and successful enhancements, new features and modifications to its platform and services; (9) actual or perceived security vulnerabilities in Box’s services or any breaches of Box’s security controls; and (10) Box’s ability to realize the expected benefits of its third-party partnerships.

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 Quarterly Report on Form 10-Q filed for the fiscal quarter ended July 31, 2017. 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 operating loss, non-GAAP operating margin, non-GAAP net loss, non-GAAP net loss per share, billings and free cash flow. 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 measures and certain key metrics to their nearest comparable GAAP measures at the end of this press release.

Box uses these non-GAAP financial measures and key metrics for financial and operational decision-making 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 (1) they allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making and (2) they 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 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.

Non-GAAP operating loss and non-GAAP operating margin. Box defines non-GAAP operating loss as operating loss excluding expenses related to stock-based compensation (“SBC”), intangible assets amortization, and as applicable, other special items. Non-GAAP operating margin is defined as non-GAAP operating 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. Furthermore, unlike cash compensation, the value of stock options, which is an element of Box’s ongoing stock-based compensation expense, is determined using a complex formula that incorporates factors, such as market volatility, that are beyond Box’s control. For restricted stock unit awards, the amount of stock-based compensation expenses is not reflective of the value ultimately received by the grant recipients. 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 acquisition-related 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, one that is not typically affected by operations during any particular period. Box further excludes expenses related to certain litigation because they are considered by management to be special items outside Box’s core operating results.

Non-GAAP net loss and non-GAAP net loss per share. Box defines non-GAAP net loss as net loss excluding expenses related to SBC, intangible assets amortization, and as applicable, other special items. Box defines non-GAAP net loss per share as non-GAAP net loss divided by the weighted average outstanding shares. Box excludes expenses related to certain litigation because they are considered by management to be special items outside Box’s core operating results.

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 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 and, after adjusting for any shifts in relative payment frequencies, a leading indicator of future revenue. 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 will help 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 given that it is calculated using exclusively revenue and deferred revenue, both of which are financial measures calculated in accordance with GAAP.

Free cash flow. Box defines free cash flow as cash provided by (used in) operating activities less purchases of property and equipment, principal payments of capital lease obligations, 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. Box specifically identifies adjusting items in the reconciliation of GAAP to non-GAAP financial measures. Historically, these items have included restricted cash used to guarantee a significant letter of credit for Box’s Redwood City headquarters. Box considers 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.

The accompanying tables have more details on the reconciliations of non-GAAP measures and certain key metrics to their nearest comparable GAAP measures.

About Box
Box (NYSE:BOX) is the cloud content management company that empowers enterprises to revolutionize how they work by securely connecting their people, information and applications. Founded in 2005, Box powers 80,000 businesses globally, including AstraZeneca, General Electric, P&G, and The GAP. Box is headquartered in Redwood City, CA, with offices across the United States, Europe and Asia. To learn more about Box, visit http://www.box.com.

BOX, INC.

 

CONDENSED CONSOLIDATED BALANCE SHEETS

(In Thousands)

October 31, January 31,
2017 2017
(unaudited)
ASSETS
Current assets:
Cash and cash equivalents $ 172,857 $ 177,391
Accounts receivable, net 95,868 120,113
Prepaid expenses and other current assets 13,915 10,826
Deferred commissions 13,331 13,771
Total current assets 295,971 322,101
Property and equipment, net 118,278 117,176
Intangible assets, net 63 543
Goodwill 16,293 16,293
Restricted cash 26,543 26,781
Other long-term assets 9,621 10,780
Total assets $ 466,769 $ 493,674
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 11,334 $ 6,658
Accrued compensation and benefits 22,098 30,415
Accrued expenses and other current liabilities 18,074 17,713
Capital lease obligations 18,071 13,748
Deferred revenue 225,194 228,656
Deferred rent 2,147 751
Total current liabilities 296,918 297,941
Debt, non-current 40,000 40,000
Capital lease obligations, non-current 26,667 21,697
Deferred revenue, non-current 27,812 13,328
Deferred rent, non-current 45,943 44,207
Other long-term liabilities 3,129 1,769
Total liabilities 440,469 418,942
Stockholders’ equity:
Common stock (1) 13 13
Additional paid-in capital 1,033,917 960,144
Treasury stock (1,177 ) (1,177 )
Accumulated other comprehensive loss (30 ) (120 )
Accumulated deficit (1,006,423 ) (884,128 )
Total stockholders’ equity 26,300 74,732
Total liabilities and stockholders’ equity $ 466,769 $ 493,674

(1) As of October 31, 2017, the number of shares of the registrant’s Class A common stock outstanding was 118,867 and the number of shares of the registrant’s Class B common stock outstanding was 17,223.

BOX, INC.

 

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In Thousands, Except Per Share Data)

(Unaudited)

Three Months Ended Nine Months Ended
October 31, October 31,
2017 2016 2017 2016
Revenue $ 129,304 $ 102,811 $ 369,467 $ 288,679
Cost of revenue(1)(2) 34,471 27,115 99,972 82,576
Gross profit 94,833 75,696 269,495 206,103
Operating expenses:
Research and development(2) 34,812 29,652 102,388 84,824
Sales and marketing(2) 81,670 66,796 225,604 186,454
General and administrative(1)(2) 20,910 16,999 63,037 49,087
Total operating expenses 137,392 113,447 391,029 320,365
Loss from operations (42,559 ) (37,751 ) (121,534 ) (114,262 )
Interest expense, net (287 ) (222 ) (802 ) (587 )
Other income (loss), net 277 (22 ) 560 609
Loss before provision for income taxes (42,569 ) (37,995 ) (121,776 ) (114,240 )
Provision for income taxes 355 238 519 670
Net loss $ (42,924 ) $ (38,233 ) $ (122,295 ) $ (114,910 )
Net loss per common share, basic and diluted $ (0.32 ) $ (0.30 ) $ (0.92 ) $ (0.91 )
Weighted-average shares used to compute net loss pershare, basic and diluted 134,636 128,275 133,044 126,712
(1) Includes intangible assets amortization as follows:
Three Months Ended Nine Months Ended
October 31, October 31,
2017 2016 2017 2016
(in thousands) (in thousands)
Cost of revenue $ $ 506 $ 365 $ 2,804
General and administrative 39 39 116 116
Total intangible assets amortization $ 39 $ 545 $ 481 $ 2,920
(2) Includes stock-based compensation expense as follows:
Three Months Ended Nine Months Ended
October 31, October 31,
2017 2016 2017 2016
(in thousands) (in thousands)
Cost of revenue $ 2,814 $ 1,986 $ 7,945 $ 5,328
Research and development 9,705 7,730 28,419 21,602
Sales and marketing 8,208 6,744 23,882 18,390
General and administrative 4,796 3,457 12,290 9,750
Total stock-based compensation $ 25,523 $ 19,917 $ 72,536 $ 55,070
BOX, INC.

 

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(unaudited)

Three Months Ended Nine Months Ended
October 31, October 31,
2017 2016 2017 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss $ (42,924 ) $ (38,233 ) $ (122,295 ) $ (114,910 )
Adjustments to reconcile net loss to net cash used in operating activities:

 

Depreciation and amortization 9,913 8,710 29,250 31,515
Stock-based compensation expense 25,523 19,917 72,536 55,070
Amortization of deferred commissions 5,393 4,251 15,751 13,627
Other (124 ) 13 (83 ) 96
Changes in operating assets and liabilities:
Accounts receivable, net 12,023 (10,825 ) 24,245 13,547
Deferred commissions (4,616 ) (3,667 ) (13,235 ) (10,073 )
Prepaid expenses, restricted cash and other assets 2,746 1,670 (2,959 ) 4,107
Accounts payable (2,592 ) 2,353 4,469 2,069
Accrued expenses and other liabilities (4,828 ) (1,036 ) (8,721 ) (20,250 )
Deferred rent 1,413 424 3,132 3,078
Deferred revenue 12,167 9,594 11,022 6,185
Net cash provided by (used in) operating activities

 

14,094 (6,829 ) 13,112 (15,939 )
CASH FLOWS FROM INVESTING ACTIVITIES:
Sales of marketable securities 240
Maturities of marketable securities 7,057
Purchases of property and equipment (3,003 ) (1,892 ) (4,800 ) (13,639 )
Proceeds from sale of property and equipment 2 8 31 84
Net cash used in investing activities (3,001 ) (1,884 ) (4,769 ) (6,258 )
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of borrowing costs (93 )
Proceeds from exercise of stock options, net of repurchases of early exercised stock options 4,002 3,388 9,415 7,603
Proceeds from issuances of common stock under employee stock purchase plan 8,640 6,710 17,521 15,726
Employee payroll taxes paid related to net share settlement of restricted stock units (11,284 ) (4,726 ) (26,219 ) (13,594 )
Acquisition related contingent consideration (991 )
Payments of capital lease obligations (4,781 ) (2,178 ) (12,693 ) (5,439 )
Net cash (used in) provided by financing activities

 

(3,423 ) 3,194 (12,967 ) 4,203
Effect of exchange rate changes on cash and cash equivalents (88 ) (12 ) 90 53
Net increase (decrease) in cash and cash equivalents 7,582 (5,531 ) (4,534 ) (17,941 )
Cash and cash equivalents, beginning of period 165,275 173,331 177,391 185,741
Cash and cash equivalents, end of period $ 172,857 $ 167,800 $ 172,857 $ 167,800
BOX, INC.

 

RECONCILIATION OF GAAP TO NON-GAAP DATA

(In thousands, except per share data)

(unaudited)

Three Months Ended Nine Months Ended
October 31, October 31,
2017 2016 2017 2016
GAAP operating loss $ (42,559 ) $ (37,751 ) $ (121,534 ) $ (114,262 )
Stock-based compensation 25,523 19,917 72,536 55,070
Intangible assets amortization 39 545 481 2,920
Expenses related to a legal verdict(1) (1,664 )
Non-GAAP operating loss $ (16,997 ) $ (17,289 ) $ (48,517 ) $ (57,936 )
GAAP operating margin (33 ) % (37 ) % (33 ) % (40 ) %
Stock-based compensation 20 19 20 19
Intangible assets amortization 1 1
Expenses related to a legal verdict(1) (1 )
Non-GAAP operating margin (13 ) % (17 ) % (13 ) % (21 ) %
GAAP net loss $ (42,924 ) $ (38,233 ) $ (122,295 ) $ (114,910 )
Stock-based compensation 25,523 19,917 72,536 55,070
Intangible assets amortization 39 545 481 2,920
Expenses related to a legal verdict(1) (1,664 )
Non-GAAP net loss $ (17,362 ) $ (17,771 ) $ (49,278 ) $ (58,584 )
GAAP net loss per share, basic and diluted $ (0.32 ) $ (0.30 ) $ (0.92 ) $ (0.91 )
Stock-based compensation 0.19 0.16 0.55 0.43
Intangible assets amortization 0.02
Expenses related to a legal verdict(1)
Non-GAAP net loss per share, basic and diluted $ (0.13 ) $ (0.14 ) $ (0.37 ) $ (0.46 )
Weighted-average shares outstanding, basic and diluted 134,636 128,275 133,044 126,712
GAAP net cash provided by (used in) operating activities $ 14,094 $ (6,829 ) $ 13,112 $ (15,939 )
Purchases of property and equipment (3,003 ) (1,892 ) (4,800 ) (13,639 )
Payments of capital lease obligations (4,781 ) (2,178 ) (12,693 ) (5,439 )
Free cash flow $ 6,310 $ (10,899 ) $ (4,381 ) $ (35,017 )
Net cash used in investing activities $ (3,001 ) $ (1,884 ) $ (4,769 ) $ (6,258 )
Net cash (used in) provided by financing activities $ (3,423 ) $ 3,194 $ (12,967 ) $ 4,203

(1) Included in general and administrative expenses in the condensed consolidated statements of operations.

BOX, INC.

 

RECONCILIATION OF GAAP REVENUE TO BILLINGS

(In thousands)

(unaudited)

Three Months Ended Nine Months Ended
October 31, October 31,
2017 2016 2017 2016
GAAP revenue $ 129,304 $ 102,811 $ 369,467 $ 288,679
Deferred revenue, end of period 253,006 192,598 253,006 192,598
Less: deferred revenue, beginning of period (240,839 ) (183,004 ) (241,984 ) (186,413 )
Billings $ 141,471 $ 112,405 $ 380,489 $ 294,864
RECONCILIATION OF GAAP NET LOSS TO NON-GAAP NET LOSS PER SHARE GUIDANCE

(In thousands)

(unaudited)

For the Three Months
Ended January 31, 2018
For the Year Ended
January 31, 2018
GAAP net loss per share range, basic and diluted $(0.27-0.26) $(1.19-1.18)
Stock-based compensation 0.19 0.74
Intangible assets amortization - -
Non-GAAP net loss per share range, basic and diluted $(0.08-0.07) $(0.45-0.44)
Weighted average shares outstanding, basic and diluted 136,667 133,970

Contacts
Box, Inc.
Investors:
Stephanie Wakefield, +1 650-209-3463
VP, Investor Relations
swakefield@box.com
or
Alice Kousoum Lopatto, +1 650-209-3467
Director, Investor Relations
alopatto@box.com
or
Media:
Denis Roy, +1 650-543-6926
press@box.com

Source: Box

 

 

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