CTERA Continues Sharp Growth Trajectory in 2021 

CTERA has announced record results for 2021, led by increasing demand for its multi-cloud global file system. CTERA grew the annual recurring revenue for its edge-to-cloud solutions by 43% in 2021 as new and existing customers learned to deal with post-pandemic work environments. For data-driven enterprises, managing the continued growth of unstructured data has led to transitions from legacy data centre-focused storage environments to providing fast data access closer to where the users are – at the edge.

 

New customer acquisition occurred in several key markets, including the US Federal Government, which grew over 300%, with significant wins with organisations such as the Veterans Affairs and the US Air Force.

 

“CTERA has created a compelling solution that enables organisations of all sizes to build next-generation file-service infrastructures that can replace traditional network-attached storage environments,” said Enrico Signoretti, Research Product Manager, GigaOm. “CTERA’s attention to multi-tenancy and security issues drove its success in large enterprises, regulated industries and public administrations. At the same time, CTERA’s platform can start with a minimal configuration that is appealing to medium-sized organisations, and smaller ones can take advantage of the product in a SaaS fashion through many service providers across the globe that adopted the solution for their customers.”

 

“2021 was a year of expanding our reach into existing markets and earning the trust and reputation for secure offerings in distributed file storage for whole sectors. Today, as security breaches are more the norm than the exception, it is a corporate imperative to provide the most secure and credentialed platforms possible,” said Liran Eshel, Founder & CEO of CTERA. “We have doubled down to ensure we meet the most stringent requirements for security designation, and this stance has powered our customer growth over the past year. We look forward to 2022 and supporting enterprises that require scalability, flexibility and security more than ever before.”

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