Tintri Sees Strong Growth in Q3
Tintri, Inc., a leading producer of VM-aware storage (VAS) for virtualisation and enterprise cloud, has announced that in the company’s fiscal year Q3 that ended 31 October, 2016, Tintri experienced strong demand for its enterprise cloud and all-flash storage solutions.
During this period, Tintri closed more deals over $1 million than in any other quarter in company history, with a customer base that now includes more than 20 percent of the Fortune 100 companies. Demand for the Tintri T5000 Vmstore all-flash series increased rapidly during the first year since it was introduced to the market in August 2015.
“The third quarter was a great success for Tintri,” said Ken Klein, chairman and CEO of Tintri. “The company saw strong sales to enterprises and service providers seeking to simplify the deployment and management of enterprise cloud. By deploying Tintri’s all-flash storage platform with its web services architecture, customers are achieving Amazon-like agility with automation and scale in their data centre.”
Enterprise cloud for organisations and service providers has become a major source of growth for Tintri as IT budgets shift from traditional IT infrastructure to the cloud. More than one third of Tintri customers have built cloud infrastructures with Tintri storage. In Q3, Tintri introduced a number of solutions geared to help customers build enterprise cloud.
During the quarter, former Cisco Systems CTO, Charles Giancarlo, joined the Tintri board of directors, and Tintri added new regional offices in Washington, DC and Chicago.
Read the full official press release from Tintri here.