Pivot3 Announces Record Growth in Revenue and Customer Base for First Half of 2012

AUSTIN, Texas--(BUSINESS WIRE)--Pivot3, a leading supplier of Virtual Desktop Infrastructure (VDI) and Video Surveillance Serverless Storage Appliances, today announced record growth in revenue, customers and resellers, marking the 14^th consecutive quarter-over-quarter growth for the company.

“Less than one year after launching vSTAC VDI, interest in the product has exceeded our expectations, and we’ve built a solid foundation for an exciting new business sector for the company”

Doubling its revenue each year over the past four years, Pivot3 also recently signed its 600^th customer and shipped its 7,000^th vSTAC appliance. Through its patented Serverless Computing™ software innovation, Pivot3 delivers radically simplified and integrated shared storage and virtual servers in a simple, scalable appliance.

Pivot3 delivers mission critical surveillance storage and compute infrastructure to some of the most recognizable customers around the world. The first to deliver affordable high performance scale out converged storage and compute appliances with bandwidth and RAID controller performance that dynamically scales with appliances to meet video recording needs, Pivot3 also offers no single point of failure and automatic failover for both the storage and the virtualized video management applications.

Pivot3 vSTAC VDI appliances provide an affordable enterprise-class VMware View virtual desktop infrastructure with high performance, high availability and no single point of failure. Pivot3 was the first partner certified in the VMware Rapid Desktop program.

“Less than one year after launching vSTAC VDI, interest in the product has exceeded our expectations, and we’ve built a solid foundation for an exciting new business sector for the company,” said Rich Bravman, chief executive officer of Pivot3. “Building on this base, I see tremendous opportunity for the rest of fiscal year 2012. Interest in the VDI market is expanding, and we look forward to fueling that growth by delivering a solution which radically changes, and simplifies, the way organizations view storage.”

Pivot3 was the first storage appliance vendor in the world to deliver the full benefits of virtualization with the vSTAC OS scale-out, block storage-based RAID storage architecture. Recently granted patent protection around the core idea of a virtualization layer within a scale-out block storage-based RAID storage system, Pivot3 is the only technology company that can deliver scale-out block storage appliances that are also able to host a wide variety of operating systems and applications for virtual desktop infrastructure, video surveillance and other use cases.

Within the past quarter, Pivot3 has also gained significant traction in VDI reseller momentum. In June, the company completed the first phase of its planned market entry by signing its 20^th VDI reseller partner, and its fifth international distribution partner. The company has also grown its worldwide reseller base through the VMware View Channel Ready program, now with over 60 solution providers.

Find the latest news and information about Pivot3 vSTAC™ VDI, P Cubed and vSTAC Watch online:

Additional Pivot3 information for VMware resellers and partners can also be found on VMware Partner Central.

About Pivot3

Pivot3 was founded in 2003 on the idea that today's stack of virtual servers, shared storage and networks could be radically simplified and integrated through software innovation in order to drive down complexity and cost while dramatically increasing scale-out performance. Today, Pivot3 has over 600 customers across the globe deploying Pivot3 vSTAC™ Serverless Storage appliances. Pivot3 products are deployed in the data protection, virtual desktop infrastructure, digital video surveillance and rich media markets and have seen particular success in the public sector, transportation, education and retail vertical segments. The company has won numerous awards and was most recently selected by the Wall Street Journal for the prestigious "2011 Next Big Thing" category. To learn more about Pivot3, visit www.pivot3.com.