Verge.io | November 09, 2022
Verge.io, a leader in private cloud software, today announced that it saw the second straight quarter of record quarter-over-quarter growth driven by both new customer acquisition and existing customer expansion. To further capitalize on these transformative opportunities, the company appointed Mike Wall as chairman of its board of directors.
In Q3 Verge.io closed over 3x more annual recurring revenue (ARR) than Q2, for the 2nd best quarter in company history. This continued upward trajectory is the result of existing customers increasing their deployment of the Verge-OS virtualization software and acquisition of new customers replacing their incumbent implementations due to cost, complexity, inability to scale and lack of ransomware protection. Additionally, Verge.io increased sales velocity, even closing new logos in a matter of weeks.
Verge.io also ended Q3 with the strongest pipeline in company history. Multiple transformative opportunities were added to the pipeline that would exponentially increase top line. In addition, numerous new distribution channels are under review that would dramatically increase sales velocity in 2023.
These successful results are in part due to Verge.io’s recent expansion of sales and marketing efforts to educate potential customers on the company’s ability to simplify the software defined data center into a single, powerful piece of software that runs on commodity hardware. These efforts, a newly launched website and a new technical wiki and online self-paced training system have earned the attention of analysts and editors.
To help continue the momentum that Verge.io is building, the company recruited Mike Wall to serve as its chairman. Wall spent 15 years at Intel, ran its storage division, then spent time at a few VC-backed early-stage ventures in the storage space. His repeated, high-multiple exits in the space further positions Verge.io to capitalize on recent growth to add market valuation.
“Coming off of a record-breaking quarter makes this is an exciting time to be a part of the Verge.io team and I look forward to helping continue the sales velocity that we’ve achieved,” said Wall. “From increasing our market visibility to growing our pipeline of global customers to quickly closing sales opportunities, we’ve developed a strong foundation for success. The future is bright for further building our business and providing customers with the cost and IT simplicity that they need.”
“Such strong quarter-over-quarter success shows that our efforts to provide a single piece of software that simplifies the data center process and offers a secure multitenancy for clouds is resonating in the marketplace, We are very pleased with the results of Q3 2022 given that we launched our website only 7 months ago and most of our sales team has only been in place for 6 months. From increased bookings with new and existing customers, expanded partnership opportunities and adding experience to our executive board, Verge.io is poised to continue its pattern of growth as we provide a better alternative to traditional legacy cloud architectures that are too complex and require too much management.”
Yan Ness, Verge.io CEO
Verge-OS software delivers virtualized data centers with more compelling economics and efficiencies than competing platforms. Verge-OS abstracts compute, network, and storage from commodity servers and creates pools of raw resources that are simple to run and manage by an IT generalist. A single license replaces disparate hypervisor, network, storage, data protection, and management tools to simplify technology stacks. Secure virtual data centers based on Verge-OS include all enterprise data services like global deduplication, disaster recovery, continuous data protection, snapshots, long-distance synch, and auto-failover.
Verge.io provides a simpler way to virtualize data centers and end IT infrastructure complexity. The company’s Verge OS software is the first and only fully integrated virtual cloud software stack to build, deploy and manage virtual data centers. Verge-OS delivers significant capital savings, increased operational efficiencies, reduced risk, and rapid scalability.
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VyOS Networks Corporatio | September 21, 2022
VyOS Networks Corporation, the company that develops the VyOS Network Platform and provides support services, announced today that it was featured as a challenger and a fast mover in GigaOm Radar for network operating systems reports for SMB, enterprise and cloud/managed service provider segments. The full report is available to everyone interested upon request.
"We are proud to get featured in GigaOm Radar reports this year again. We are glad that our effort to provide our customers with a stable and feature-rich platform is recognized,"
Yuriy Andamasov, VyOS Networks Corporation CEO
"There is more to VyOS than market reports cover, however. GigaOm Radar makes a comparison of products where their use cases overlap. Still, VyOS also covers unique use cases that other vendors don't, such as custom embedded hardware support and modification of VyOS itself," adds Daniil Baturin, VyOS Networks Corporation CTO.
VyOS is an open-source network operating system. Its slogan is "a universal router" because it supports multiple deployment scenarios and roles: bare-metal hardware from small boards to large servers, all popular virtualization platforms including VMware, KVM, and Microsoft Hyper-V, and multi-cloud support for major hyperscalers like Amazon Web Services, Microsoft Azure, Google Cloud and Oracle Cloud Infrastructure.
VyOS supports multiple dynamic routing protocols via FRRouting, various VPN protocols, and other network routing and security features, available through a unified stateful CLI and an HTTP API for management automation.
About VyOS Networks Corporation
VyOS Networks Corporation is a company started by the VyOS open-source project founders and maintainers to provide services for it and ensure sustainable development.
Lightbits | November 21, 2022
Lightbits, the first software-defined and architected for NVMe® over TCP (NVMe®/TCP) data platform for any cloud, today announced that x-cellent technologies, a German-based technology consultancy, will integrate their high-performance, persistent storage running on Intel® high-performance technologies into their metalstack.cloud infrastructure. metalstack.cloud is a new cloud service offering that was initiated by x-cellent technologies on base of Open-Source solutions like Gardener as an alternative to public cloud solutions. metalstack.cloud targets customers and developers who require a secure tech platform to run Kubernetes as a Service for their applications from different industries and market domains, such as manufacturing companies, software companies, consulting companies, and startups. The service is produced and operated in Germany.
metalstack.cloud is a set of microservices that implements Kubernetes (K8s) as a service on bare metal and enables elastic cloud infrastructure. It leverages K8s clusters so that end users can easily, securely, and cost-effectively launch their apps on the platform without having to worry about server hardware, networking, and storage management. The architecture is based on their open-source software, metal-stack.io, which was developed for the highly regulated financial sector and is being used successfully by CSPs, including Finanz Informatik Technologie Service (FI-TS), which is also the developer of metal-stack.io and a Lightbits customer. By using metalstack.cloud end users have access to a full K8s stack to develop and run their applications on and can be up and running within 15 minutes.
“We have found Lightbits to be a perfect match for K8s workloads, a much simpler, and higher performing alternative to Ceph and other enterprise storage solutions, We have integrated Lightbits software with Intel high-performance hardware into our state-of-the-art Platform as a Service (PaaS), metalstack.cloud, because it allows us to manage the entire infrastructure of the data center with a lot of flexibility and in a highly available way.”
Stefan Majer, Chief Technology Officer at x-cellent technologies GmbH
The combined solution of Lightbits software with Intel high-performance technologies delivers an unmatched combination of performance, resiliency, and cost-efficiency for any cloud. Together, the companies are helping customers address their complex data center needs enabling CSPs, like metalstack.cloud, to deliver fast, resilient, and secure services to their clients. The solution can be used as a high-performance data platform for any orchestration environment, such as OpenStack, or to run container-based applications in a Kubernetes environment as well as virtualized applications in a VMware vSphere environment.
“We are proud that x-cellent technologies have chosen Lightbits for their cloud platforms. It’s a good match, as their business philosophy closely aligns with our own—build state-of-the-art cloud data platforms that are simple to consume and deliver an unbeatable price-to-performance ratio at scale,” said Eran Kirzner, CEO at Lightbits Labs. “Our solutions help rid customers of the costly dependencies to hyperscalers, and vendor lock-in, but without compromising high-performance, security, scalability, and ease of use.”
metalstack.cloud is in beta release, with general availability in 2023.
About Lightbits Labs
Lightbits Labs® (Lightbits), is on a mission to make high-performance block storage simple, scalable, and cost-efficient for any cloud. Lightbits offers a Cloud Data Platform that delivers efficiency, simplicity, and agility for modern data centers. Inventors of the NVMe® over TCP (NVMe/TCP) protocol, Lightbits is leading the digital data center transformation by making software-defined storage that is easy to deploy at scale and delivers performance equivalent to local flash to accelerate cloud-native applications in bare metal, virtual, or containerized environments.
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UiPath | September 08, 2022
UiPath a leading enterprise automation software company, today announced it has strengthened its global sales leadership team with the addition of Mark Gibbs and the promotion of Ryan Mac Ban – each of whom brings decades of experience in enterprise technology and sales leadership.
Mark Gibbs joins UiPath as Senior Vice President and Managing Director of EMEA. He joins UiPath from SAP, where he held several international roles and most recently served as President of SAP Greater China where he oversaw SAP’s overall businesses in Mainland China, Hong Kong, Macau and Taiwan. Previously Chief Operating Officer of SAP Asia Pacific Japan, Gibbs was instrumental in revitalizing the company’s business in the market, recording solid double-digit revenue growth. Under his leadership, SAP built strong relationships both internally and externally that were key to accelerating and furthering the company's footprint and reputation across the market.
“Mark’s decision to join UiPath is further evidence of our ability to attract world-class talent as we drive toward our objective of increasing market penetration in the region, UiPath has the industry’s most compelling vision for customers and I’m excited about the expertise Mark brings to enhance our operations in EMEA.”
Chris Weber, UiPath Chief Business Officer
In addition, UiPath veteran Ryan Mac Ban has been promoted to Senior Vice President of Sales for the Americas. He previously served as Senior Vice President for Worldwide Growth Sales at UiPath where grew the overall Growth business significantly year over year, with UiPath being recognized for the first time as a Leader in the IDC MarketScape for Worldwide Cloud Testing Platforms*. Previously to UiPath, Mac Ban served in several sales leadership roles at VMware and most recently served as Senior Vice President, Worldwide Sales for Networking, Security, and Automation. He’s also served in sales leadership positions at Cisco.
“Ryan has an impressive history of scaling large enterprise software companies, and his sales approach aligns perfectly with our values,” continued Weber. “As we make our vision of the fully automated enterprise a reality, scaling customers successfully is our number one goal. Ryan’s experience and passion for customers will be a great combination toward extending our leadership position throughout the Americas.”
UiPath has a vision to deliver the Fully Automated Enterprise™, one where companies use automation to unlock their greatest potential. UiPath offers an end-to-end platform for automation, combining the leading Robotic Process Automation (RPA) solution with a full suite of capabilities that enable every organization to rapidly scale digital business operations.