Nimbus Joins the Hypergrowth Club
Nimbus is the third startup to have announced triple-digit gains within past week. The company, which produces speedy flash storage systems for cloud applications and databases, reported a 415 percent year-over-year sales increase in 2012.
“We are delighted to have achieved this tremendous milestone,” stated Thomas Isakovich, CEO and founder of Nimbus Data. “Shipping over a petabyte of flash memory in the past month demonstrates flash memory’s rise as the torch-bearer for next-generation primary storage and Nimbus’ technology leadership and operational maturity. We foresee continued rapid adoption of Nimbus Data solutions as the storage industry goes through perhaps its greatest paradigm shift in decades.”
Nimbus says that the bulk of the revenue was generated by Gemini, an array that the company launched in August last year. The third-generation all-flash storage system eliminates single-point of failure, features built in data protection software and can reportedly run with no issues for a decade.
Whiptail, another flash storage startup, published its own 2012 milestones yesterday. The company claims that its revenue tripled in the past 12 months, and also credits its success to a new product.
Whiptail’s arrays may not be as durable as Gemini, but the company claims that they offer a bigger bang for your enterprise IT buck than any other product. The startup’s systems have smaller power footprints than rivaling flash platforms, and one of the newest additions to the line-up is among the fastest arrays on the market, performing at 4 million IOPS and 40GB/second throughput.
Whiptail’s release was published a few days after Tokutek its own announcement. The MySQL database vendor boasts that it managed to double the number of enterprise customers in 2012, although there was no mention of how much this affected the bottom line.
Here with more analysis on both Whiptail and Nimbus is Wikibon senior analyst Stu Miniman, who appeared on this morning’s NewsDesk program with Kristin Feledy.
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