PHD Virtual Business Booms with More than 250% increase in Disaster Recovery Business and 35% Year-O

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PHD Virtual Business Booms with More than 250% increase in Disaster Recovery Business and 35% Year-Over-Year Growth

New Products and More Resellers Help Thrust PHD Virtual to a Leading Position in the Converging Disaster Recovery and Data Protection Markets

PHILADELPHIA--(BUSINESS WIRE)-- PHD Virtual Technologies, a pioneer in virtual backup and disaster recovery assurance solutions, announced today its 14th consecutive record quarter highlighting a 35-percent year-over-year growth and enhanced momentum as a leader of data protection and disaster recovery solutions.


During this quarter, PHD Virtual closed two of the largest transactions in the company's history, added over 137 new resellers and grew partner deal registrations by 60% quarter-over-quarter.

Tweet This: @PHDVirtual Nails 14th Consecutive Quarter of Record Growth With a 250% increase in its DR Businesshttp://bit.ly/ZiAxyl

"Rapid product development of leading-edge, yet cost-effective, DR solutions has given us propulsion into a prime position that is proven with our extensive customer list and continued consecutive record growth," said James Legg, CEO, PHD Virtual Technologies. "We continue to push hard on product innovation to help our customers focus on their core business without worry that their data and applications are protected and recoverable. This past month, we became the first company to guarantee that your applications will be recovered within SLAs and the response has been overwhelming."

PHD milestones this quarter include the following:

  • Recorded 35% YOY revenue growth in bookings
  • Closed two of the largest deals in the company's history
  • New customers signed brings PHD to more than 6,500 customers
  • Grew partner deal registrations 60% QoQ
  • Signed agreements with five new distributors worldwide
  • Registered 137 new partners to become resellers
  • More than 4,000 products downloaded
  • Introduced new products PHD Virtual Backup 6.5, ReliableDR 3.2 and Recovery Management Suite
  • PHD Virtual Backup Named Finalist in SVC Awards 2013 for Backup and Recovery Product of the Year

During this past quarter, PHD introduced several new products and upgrades including its award-winning:

PHD Virtual Backup 6.5- provides the most advanced methods of virtual and cloud-based data protection and now provides recovery for Microsoft Exchange and Microsoft SharePoint.

ReliableDR 3.2- a disaster recovery assurance solution that 100% automates recovery - including failover and failback - within service level agreements and gives companies unprecedented integration of traditionally separate backup and disaster recovery processes by automating failover and recovery verification with PHD Virtual Backup. CertifiedReplica automates failover and recovery verification for PHD Virtual Backup.

Recovery Management Suite (RMS)- a new unified solution that provides data protection and guaranteed disaster recovery for virtual and cloud environments to help eliminate risk of recovery failures.

As part of PHD Virtual's mission to give customers the freedom to leverage the best virtual backup product with their hypervisor of choice, PHD also announced plans to support Microsoft Hyper-V, in December 2013, making it the only agentless virtual backup company to support all three industry-leading companies - Microsoft®, Citrix® and VMware®.

"PHD has gained significant traction - a 35% boost in bookings YOY - in an incredibly competitive marketplace," said Dave Simpson, Senior Storage Analyst, 451 Research. "The acquisition of VirtualSharp, with its DR assurance software, enables them to take advantage of the converging disaster recovery and backup/recovery markets."

Supporting Resources

PHD Virtual Technologies: http://phdvirtual.com/
More PHD Virtual News: http://phdvirtual.com/newsandevents
Twitter: https://twitter.com/PHDVirtual
Facebook: http://www.facebook.com/PHDVirtualTechnologies
LinkedIn: http://www.linkedin.com/groups?gid=1992663&mostPopular=&trk=tyah

RSS Feeds: PHD Virtual news releases: http://www.phdvirtual.com/rss/news-and-events.xml

About PHD Virtual Technologies

PHD Virtual provides the best value in data protection and disaster recovery assurance for virtual and cloud environments. More than 6,500 customersworldwide rely on its solutions that reduce the risks and costs of recovery, are easier to use and far more affordable than competitive alternatives. PHD Virtual has been transforming data protection and recovery assurance since 2006. For more information, please visit: http://www.phdvirtual.com/.



Grau PR (for PHD Virtual)
Lisa Grau, 760-207-9090
lisa@graupr.com

KEYWORDS:   United States  North America  Pennsylvania

INDUSTRY KEYWORDS:

The article PHD Virtual Business Booms with More than 250% increase in Disaster Recovery Business and 35% Year-Over-Year Growth originally appeared on Fool.com.

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