Kaminario, the leading all-flash array storage provider for midrange enterprises, today announced it has achieved more than 100% quarter-over-quarter growth in bookings in Q4 2014, with the majority of customers choosing to expand their implementations following initial purchase. Kaminario also announced it has raised an additional $15 million toward its recently oversubscribed round of $53 million in December due to strong demand from investors. The company’s total funding now stands at $143M.
“Kaminario is at the leading edge of a revolution in storage,” said Brian Abrams, Partner at Lazarus, a US-based hedge fund. “More companies than ever are looking to implement flash in their data centers, and Kaminario’s all-flash array offers an unprecedented combination of value and performance. This funding round strongly positions Kaminario to capitalize on its recent progress and grow exponentially in the months and years ahead.”
Kaminario’s growing roster of customers spans across many industries, including an elite institution of higher education, a national food distributor, and a top federal agency in the United States. The company will continue to bolster its portfolio in 2015, planning to expand into five new regions in Europe — yet another indicator of the company’s bullish forecasts for product demand.
“We believe that all-flash is the future of storage, and we’re committed to developing a comprehensive, top-tier product that supports the broad scope of our customers’ requirements,” says Dani Golan, founder and CEO of Kaminario. “The growth and recognition we’ve experienced in 2014 attests to our dominance in industry innovation, our understanding of customer needs and product roadmap delivery. We’re both humbled and invigorated by how far we’ve come and will continue working to achieve our mission of making flash storage accessible, affordable and beneficial for every enterprise.”
Kaminario’s impressive Q4 results cap a year of significant company milestones and industry recognition, including: