Pivot3 Named to JMP Securities Super 60 List of the Hottest Privately Held CompaniesJuly 5, 2017
Pivot3, the technology leader of hyperconverged infrastructure (HCI) solutions for the software-defined datacenter, today announced it has been named to the Super 60 list of the hottest privately held companies in internet security, networking and storage by JMP Securities, a full-service investment bank. This marks the second consecutive year for Pivot3 to receive this recognition.
The JMP Securities Super 60 report (previously known as the Fast 50) recognizes private companies that are disrupting technology titans with strong operational foundations as well as sustainable technological differentiation.
As a pioneer in hyperconvergence, Pivot3 is shaping the next generation of enterprise datacenters and challenging legacy IT giants with solutions that provide superior performance, scale and efficiency. In April 2017, Pivot3 launched its next-generation HCI platform Acuity, providing the industry’s first priority-aware solution based on NVMe PCIe flash that enables IT to simply and predictably run multiple enterprise workloads. Acuity delivers six times the performance of conventional HCI solutions.
After acquiring flash storage and Quality of Service innovator NexGen Storage in early 2016, Pivot3 has steadily gained momentum by securing $55 million in funding, launching several breakthrough products in the market and receiving recognition as a leader and visionary in top industry analyst reports. The company experienced record growth throughout 2016, increasing total revenue by more than 80 percent – including a more than 200 percent increase in Q4 revenue from Q4 2015.
"This recognition from JMP Securities validates the success and growth we have seen over the past year, and we’re honored to be included among this elite group of rising industry leaders," said Ron Nash, CEO at Pivot3. "Businesses are demanding more from hyperconvergence, and Pivot3 is committed to meeting this demand with technology that addresses the evolving needs of the datacenter."