JOHANNESBURG, SA – 7 Mar. 2016 — / — Redstor, a global developer of data backup software and provider of cloud backup and DR cloud services has been named in London Stock Exchange’s (LSE) 1,000 Companies to Inspire Britain report. Now in its third year, the annual report identifies some of the fastest-growing and most dynamic small and medium-sized enterprises in the UK.

Founded in 1998, Redstor has seen significant growth and continued success since starting up. In January 2016, the firm announced a 20% increase in the company’s gross profit as well as a 50% increase in its development team. Today, Redstor has over 300 partners worldwide and its services are used by over 25 000 end users.

In September 2015, the Reading-based firm acquired South African software developer Attix5. The deal, which was completed for an undisclosed sum, saw Redstor transition from a UK-based cloud services provider into an international software and services business with over 70 staff and three global offices.

Following the publication of the report, Paul Evans, Redstor Co-Founder and CEO, comments: “We are extremely proud to be part of the 1 000 Companies to Inspire Britain report; flying the flag for UK enterprises. Redstor has always been an ambitious company with global aspirations and we have been very fortunate to see continued growth, both organically and through the acquisition of Attix5.”

Evans continues: “The past year in particular has been a very exciting time for the firm as we have more than doubled the size of the team and now have offices in both the UK and two in South Africa. Within the next year we will be investing in expanding the team, our partner network and customer base within and outside of the UK.”

Writing in the report, Chancellor George Osborne said: “UK high-growth businesses are leading the charge in rebuilding our economy. These companies are the backbone of the British economy. They create high-quality, well-paid jobs, innovate and drive economic growth.”

Xavier Rolet, chief executive of the LSE, said: “High growth SMEs are the driving force behind the UK economy, developing the skills, jobs and growth we need. But ambition alone is not enough; their success must be highlighted and their growth properly supported with appropriate finance.”

Founded in the UK in 1998, Redstor is a well-respected and trusted global provider of cloud backup and disaster recovery software and services.

Redstor’s focus is on partner-enabled cloud backup as a service (BAAS), delivering these services either through their own storage platforms around the world, or by supplying their Backup Pro software to power their 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.

Editorial Contacts
Kevin Winfield
(0118) 973 9370

Gloria Malan
(082) 340 2876

Source: Redstor



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