The Object First, company specialising in immutable backup storage solutions, announced today an impressive 600% growth in subscriptions during the second quarter of 2024, in comparison with the same period of the previous year. This significant increase highlights the growing demand for technologies to protect against cyber threats, especially ransomware
The CEO of Object First, This is David Bennet., expressed his enthusiasm for the company's performance: "We are seeing strong growth in all areas of our business, including new products, expansion of the network of partners and customers, and robust reserves.. Bennet attributes the success to the company's unique approach to providing safe and efficient storage solutions, specially developed for integration with Veeam
The company's flagship product, or Ootbi (Out-of-the-Box-Immutability), recorded a remarkable increase in sales. The 64TB and 128TB versions saw increases of 1.580% and 425%, respectively, in comparison to the previous year. The company also closed several six-digit deals during the quarter.
In June, during VeeamON 2024, Object First has announced a capacity expansion., now offering Ootbi devices with up to 192TB in a single node, allowing clusters of up to 768TB of immutable storage. This upgrade aims to meet the demand for more storage capacity without compromising performance or safety
Object First's global expansion is also remarkable, with a 300% increase in the number of business partners in the second quarter of 2024. The company established new partnerships in North America and Europe, In addition to expanding its network of distributors in several European countries
Object First's growth has not gone unnoticed by the industry.. The company was included in the CRN's Storage 100 2024 list, and two of their leaders, Meredith Frick and Kelly Wells, were recognised in the CRN 2024 Women of the Channel list
This exceptional growth reflects organizations' growing concern about data security and the need for robust backup solutions, Especially in a scenario where ransomware threats continue to evolve and intensify.
