Leading Cloud Backup Provider Attributes Nearly 900 Percent Revenue Growth to Consistent Execution, Technology Excellence and Exceptional Partner Satisfaction
Boston, MA, Dec. 11, 2012 — Intronis, Inc., provider of the world’s leading cloud backup and recovery solution for the IT channel, today announced it ranked 126th on Deloitte’s Technology Fast 500™, a listing of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Intronis grew 893 percent during this period, making it the highest ranking channel-focused backup and recovery vendor on the list.
Intronis’ interim CEO Jay Bolgatz says it’s been a banner year for the company and credits its notable revenue growth to Intronis’ unrivaled dedication to partner success, as well as its continued investment in technology innovation, strong business development and partner enablement activities. In 2012, the company grew its partner base by more than 30 percent year-over-year and welcomed 74 new associates to the company despite a challenging U.S. economy.
“Our inclusion on the Deloitte Technology Fast 500 demonstrates Intronis’ ongoing success and growing market influence within the IT services industry and among managed service providers worldwide,” said Bolgatz. “By staying true to our partners and focusing on and investing in innovation, execution and partner enablement, Intronis has maintained its high Net Promoter Score (NPS) of 78, which is practically unheard of for a software company of our size.”
Further enabling Intronis’ growth, the company recently announced it received $12 million in additional funding from new investor Greenspring Associates, with participation from OpenView Venture Partners and the company’s executive management team. Bolgatz said Intronis will use the funding to build on its market momentum, hire additional associates, drive greater technology innovation and expand its market reach in the U.S. and abroad.
“The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy,” said Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS). “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of Intronis for this impressive accomplishment.”
Intronis also earned several awards throughout 2012 from the ASCII Group, an organization serving the technology channel. These honors included Best Customer Support and Best Revenue Generator for its channel partners.
“It’s been a great year for Intronis, thanks to our partners and we’re looking forward to building on our mutual success in 2013,” concludes Bolgatz.
About Deloitte’s 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Intronis Cloud Backup and Recovery is a world-class cloud backup solution for the IT channel. Intronis provides the industry’s easiest to use secure data solution for offsite and local backup, which generates a monthly recurring revenue stream to add to your business. Intronis offers the best, deepest Exchange, SQL backup on the market, supports virtualized environments with native VMware backup and is integrated to major solutions in the MSP ecosystem. Partners receive expert, customer support from our U.S.-based team. The solution has been field tested by thousands of MSPs, and the company has been named Best Revenue Generator seven times and Best Customer Support three times by members of ASCII.