Tintri Achieves Triple Digit Growth as It Continues to Expand Global Footprint and Cloud Deployments; Forges Strategic Partnerships
Tintri, the leading producer of smart storage for virtualization and cloud environments, recently announced record results for its recently completed fiscal year. Tintri delivered another year of triple digit sales growth, welcoming hundreds of new enterprise customers, including Accenture, Chevron, Comcast, Mitsubishi, Panasonic, SK Telecom and Toyota. Tintri counts among its customer base 11 million-dollar accounts and 5 of the top 15 companies in the Fortune 100.
The company’s continued success was driven by increased adoption of application-aware storage. Tintri grew virtual machines deployed in production to 300,000, managing close to 30PB of workloads on more than 1500 systems. Gartner positioned Tintri as a visionary in its 2014 Magic Quadrant for General-Purpose Disk Arrays. Additionally, Tintri was recognized by InfoWorld as a Technology of the Year award winner.
Tintri started 2014 with a $75 million funding round, which it used to accelerate growth and expand its global footprint. New customers in Australia, China, Japan and Korea boosted Tintri’s 400 percent sales growth in Asia. In August 2014, Tintri entered into a global OEM and reseller agreement with Fujitsu, which began with joint go-to-market efforts in Japan.
The company’s rapid global expansion was boosted by distribution relationships with global solution providers including Arrow in EMEA, Avnet in Australia and New Zealand, Networld in Japan and CDW in the United States. In a recent Piper Jaffray survey based on feedback from distributors and resellers in North America and Europe, Tintri was shown to exhibit the strongest increase in demand, well ahead of other storage vendors.
Product Innovation and Ecosystem Integration
Standing out from numerous new products Tintri introduced in the past year are Tintri VMstore™ T800 series and Tintri OS 3.1, which became available in November 2014. The new VMstore models support the highest VM density in the industry. The VMstore T880 is capable of supporting up to 3500 VMs, 100TB of effective capacity and up to 140,000 IOPS in a single 4U system. The T800 series represented three quarters of the total systems sold in Q4.
Tintri deepened its integration with VMware with Tintri Storage Replication Adapter for VMware vCenter Site Recovery Manager, Tintri Management Pack for VMware vRealize Operations™ and Tintri vSphere Web Client Plugin. Tintri also announced support for VMware vSphere Virtual Volumes (VVOL) and VMware Integrated OpenStack.
Tintri added support for Microsoft’s Server Message Block (SMB) 3.0 protocol stack and native integration with Microsoft Hyper-V Manager and System Center Virtual Machine Manager (SCVMM). In doing so, Tintri became the first storage provider to provide VM-level operations for all three major hypervisor environments—VMware vSphere, Microsoft Hyper-V and Red Hat Enterprise Virtualization.
Cloud represents one of the fastest growing use cases for Tintri. Organizations such as F5 Networks, Panasonic and Department of Defense turned to Tintri to build on-premise private cloud for rapid scaling and automation. Tintri is also widely deployed by cloud service providers worldwide including Amatis Networks, CT4, Green Cloud and Rogers Communications to deliver IaaS, DaaS and DRaaS, and other hosted private cloud services to enterprises.
“We achieved so many milestones in 2014 and the excitement at Tintri is palpable,” said Ken Klein, Chairman and CEO of Tintri. “As changes in the data center continue, and businesses prioritize applications, they need storage that does the same. The launch of the VMstore T800 series is an example of our commitment to challenging the storage quo. Organizations have been quick to adopt our message and our solutions, growing our business across the globe. We established relationships with strategic partners, including Fujitsu, and set the channel up for success. It was an awesome year, and we’ll be accelerating this momentum in 2015 and beyond.”