#USA #Boston #Hybrid Cloud #IT Efficiency #Nasuni

Nasuni's Remarkable Growth in FY 2024

Nasuni, a prominent unified file data platform, has recently announced record results for its fiscal year ending December 31, 2024. The company has established itself as a leader in enterprise file storage and data management, particularly in hybrid cloud environments, amidst predictions from Gartner that unstructured file data will triple by 2028. The Nasuni File Data Platform is recognized for its scalability, security, and AI-driven solutions that consolidate storage, streamline collaboration, and enhance organizational resilience globally.

During FY 2024, Nasuni demonstrated substantial operational leverage, achieving an impressive 26% increase in revenue while remaining profitable and cash flow positive. The company has also expanded its team to nearly 600 employees, with many located in its Boston headquarters, along with branches in the UK, Ireland, India, and other regions.

Customer Growth and Industry Impact

Nasuni saw significant growth in its customer base, managing a total capacity of over 500 petabytes. More than half of its clients expanded their implementation during the year, leading to over 600 expansions recorded throughout the year. Notable clients include brands like Mattel, Autodesk, Tetra Tech, Dow, Dyson, and Boston Scientific, as well as the state of Arizona.

Tony Rubenacker, IT Director of Cloud, Platform, and Data Centers at Dow, stated, "We were able to globally deploy Nasuni Appliances and leverage Blob Storage in Azure, creating a more optimized environment in terms of cost, efficiency, performance, and security."

Moreover, Nasuni has been honored with the NorthFace ScoreBoard Service Award by the Customer Relationship Management Institute (CRMI) for the fourth consecutive time and was ranked first in the G2's Winter 2025 Enterprise Grid Report for Cloud File Storage.

Transformative Milestones in Products and Business

Several key factors have contributed to Nasuni's success:

• - $1.2 billion Valuation: Backed by Vista Equity Partners, this valuation drives innovation and global expansion.
• - Rebranding and Vision Alignment: A refreshed brand identity underscores Nasuni's commitment to hybrid cloud environments, cybersecurity resilience, and AI-driven data management.
• - AI Integration: Enhanced compatibility with Microsoft Copilot improves analytics capabilities for enterprise data.
• - Nasuni IQ: The introduction of a data intelligence tool enables AI-driven workflows and smarter data management.
• - Partner Ecosystem: A revamped partner program supports channel partners in the burgeoning $145 billion hybrid cloud market.
• - Strong Business Model: The company maintains an impressive gross revenue retention rate of 97.3%.
• - Monumental Deals: Nasuni completed the largest TCV deal in its history, a 6-year contract worth $46 million.
• - Industry Leadership: Hosting the fifth annual CloudBound event series, highlighted by TechTarget as the Data Storage Conference of the Year 2024, which provided IT leaders insights into hybrid cloud and AI-driven data management.

Industry Recognition and Performance

In 2024, Nasuni reached a significant achievement by receiving over 100 customer reviews on Gartner Peer Insights, with an average rating of 4.7 stars, showcasing the company's unwavering commitment to customer satisfaction. Additionally, Nasuni was recognized in Gartner's Hype Cycle™ for Storage Technologies 2024 Report in the categories of Hybrid Cloud Storage and Hybrid Cloud File Data Services. The company was also named a finalist for AWS Storage Partner of the Year and featured in CRN's Edge Computing 100 and Cloud 100 lists.

Paul Flanagan, CEO of Nasuni, stated, "As companies increasingly adopt hybrid cloud strategies, Nasuni is poised for continued growth in 2025 and beyond. Our focus remains on driving innovation, supporting partner success, and delivering industry-leading solutions that enable customers to manage, protect, and leverage their data at scale."

For more information about Nasuni and its transformative unified file data platform, visit www.nasuni.com.

About Nasuni

Nasuni is a leading unified file data platform designed for enterprises facing exponential increases in unstructured data, combining storage and data services into a single hybrid cloud solution. Nasuni's approach ensures business resilience and enhanced data management while providing solutions that improve IT efficiency and reduce infrastructure costs by up to 65%. The platform eliminates the need for additional cybersecurity measures or separate backups and disaster recovery. Nasuni replaces the inefficiencies associated with legacy infrastructure with an optimized infrastructure flow, meeting modern business expectations for data analytics and business insights.

Companies worldwide rely on Nasuni across various sectors, including manufacturing, media, advertising, construction, consumer brands, and energy. The company's headquarters is located in Boston, Massachusetts, and it offers services in over 70 countries. More information can be found at www.nasuni.com.