Home > Boards > US Listed > Computers - Hardware > Seagate Technology (STX)

Reduxio Experiences Record Growth With a 200 Percent

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
chmcnfunds Member Profile
 
Followed By 71
Posts 11,686
Boards Moderated 0
Alias Born 12/25/09
160x600 placeholder
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 2/14/2020 4:20:58 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 2/14/2020 4:11:40 PM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/14/2020 12:59:14 PM
Seagate Technology’s Lyve Labs Opens Doors in Tel Aviv to Enable Innovations Business Wire - 2/13/2020 4:30:00 AM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/12/2020 6:03:24 AM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/7/2020 11:31:47 AM
Initial Statement of Beneficial Ownership (3) Edgar (US Regulatory) - 2/6/2020 4:10:07 PM
Amended Statement of Ownership (sc 13g/a) Edgar (US Regulatory) - 2/6/2020 9:14:50 AM
Quarterly Report (10-q) Edgar (US Regulatory) - 2/5/2020 6:04:37 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 2/4/2020 4:09:55 PM
Seagate Technology Reports Fiscal Second Quarter 2020 Financial Results Business Wire - 2/4/2020 4:05:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/31/2020 4:07:19 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/23/2020 4:05:53 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/17/2020 4:18:46 PM
Seagate Technology to Report Fiscal Second Quarter 2020 Financial Results on February 4, 2020 Business Wire - 1/7/2020 4:01:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 1/6/2020 4:10:53 PM
Seagate’s Lyve Drive Mobile System Activates the Datasphere at CES 2020 Business Wire - 1/6/2020 4:00:00 AM
The Next-Gen Seagate Gaming SSD Built for Elite Performance Business Wire - 1/6/2020 4:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 12/23/2019 5:46:11 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 12/23/2019 5:44:55 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 12/20/2019 4:18:17 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 12/10/2019 4:32:39 PM
Correction to U.S. Tech Companies Prop Up China's Vast Surveillance Network Article on Tuesday Dow Jones News - 11/27/2019 6:03:00 AM
U.S. Companies Prop Up China's Surveillance Network -- WSJ Dow Jones News - 11/27/2019 3:02:00 AM
U.S. Tech Companies Prop Up China's Vast Surveillance Network Dow Jones News - 11/26/2019 12:17:00 PM
chmcnfunds   Thursday, 06/02/16 09:13:59 AM
Re: None
Post # of 549 
Reduxio Experiences Record Growth With a 200 Percent Increase in Customers, New Resellers, Key Hires and Global Offices

Superior Customer Support and "To The Second" Data Recovery Driving Forces Behind Customer Acquisition and Retention

SAN FRANCISCO, CA -- (Marketwired) -- 06/02/16 --

Reduxio today announced record growth across all aspects of its business, including a 200 percent increase in new customers, a new headquarters location, four new sales offices, a significant number of value-added resellers (VARs) and key hires in the executive and sales teams. This growth reflects the adoption its experiencing by mid-market companies across a range of industries, including technology, manufacturing, education, research and public service, for its enterprise storage system that removes typical cost barriers with a simple-to-manage hybrid-flash system.

"When we started Reduxio, we started with a clean sheet of paper to deliver what today's enterprise customers required from their storage systems," said Mark Weiner
, CEO and co-founder of Reduxio. "Our new architecture eliminates many of the frustrations and productivity traps that users of legacy systems have settled for. In a very short period of time, we have seen enthusiastic validation and adoption of our solution across a wide range of industries and companies. One hundred percent of our customers are reference-able, which is unheard of for an early stage IT infrastructure company."

Since unveiling its HX550 at VMworld 2015, Reduxio's been busy working with mid-market companies in industries such as financial management (Scale Venture Partners); technology (Catbird, Array Networks and Hightail); education (Eldorado County Education Office of Education); research (La Jolla Institute for Allergy and Immunology); public service (California Public Utilities Commission); and manufacturing (Nissin Foods and Ventura Coastal).

"The technology -- particularly the speed -- and the level of service from Reduxio has been incredible," said Shane Thorson
, principal architect at Catbird. "For example, one weekend our cooling had gone out and none of our other alarms had gone off, and the Reduxio guys called us on the phone and said 'you might want to check your system as the heat in the box is starting to rise very rapidly.' The support has been fantastic."

In addition to new customers, Reduxio also expanded its presence in the U.S. and internationally with new sales team offices and hires, including a new headquarters in San Francisco. Expanding its strong leadership team, in March Reduxio announced the hire of successful startup veteran Mike Grandinetti
as chief marketing and corporate strategy officer, based in the new Boston office.

Other recently opened new offices and key hires include:

Boston: Dmitry Gorbatov
, senior systems engineer
Atlanta: Wade O'Harrow
, regional sales manager, southeast and Fred Nix
, presales engineer
New York: Ken Smallwood
, sr. systems engineer and Atul Chowdary
, sales manager
Holland: Bert van der Zande
, sales manager
Israel: Effie Glass
, sales representative



Reduxio also began working with 15 new VAR's in since January 2016 in regions around the world. These include in the U.S.: Groupware, Adaptive Integration, Business Technology Architects, StreamNetworks and Axcelerate Networks; Israel: Consist and Meprolight; and Netherlands: Storedata, IT Force, Poland and V-Wave, Switzerland.

To learn more about Reduxio and to request a demo, click here: http://innovate.reduxio.com/get-demo

About Reduxio:

Reduxio's groundbreaking technology liberates companies' data no matter where it lives -- on disk, SDD or flash. The company's enterprise hybrid storage array gives customers the freedom to do with their data what they need to do, when they need to, safely, reliably and with blinding speed. Reduxio delivers all-flash performance at the cost of disk-based systems, providing the first-ever built-in data protection that allows to-the-second recovery without upfront administration. Reduxio is backed by Seagate Technology PLC (NASDAQ:STX), a world leader in storage solutions, Jerusalem Venture Partners (JVP), Carmel Ventures and Intel. Learn more at www.Reduxio.com and follow us on Twitter and LinkedIn.

Source: Reduxio

This article appears in: News Headlines

Referenced Stocks: STX

Read more: http://www.nasdaq.com/press-release/reduxio-experiences-record-growth-with-a-200-percent-increase-in-customers-new-resellers-key-hires-20160602-00494#ixzz4AQYSMkFc
____________________________________________

STX

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist