StorMagic Revenue and Competitors

Bristol, USA

Location

N/A

Total Funding

Estimated Revenue & Valuation

  • StorMagic's estimated annual revenue is currently $9M per year.(i)
  • StorMagic's estimated revenue per employee is $130,500

Employee Data

  • StorMagic has 69 Employees.(i)
  • StorMagic grew their employee count by -21% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$41M2630%$3.3MN/A
#2
$1460M73813%$1.1B$6.3B
#3
$33.3M216-6%N/AN/A
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Underpinned by simplicity, cost-effectiveness and flexibility, StorMagic SvSAN removes the need for a physical SAN in some of the world?s most demanding environments by converting the disk, flash and memory of two servers into a virtual SAN. Perfect for deployments across any number of remote or branch offices as well as IoT projects that require a small IT footprint as well as the uptime and performance necessary to process large quantities of data at the edge of the enterprise. Our typical customers have distributed IT operations in locations like retail stores, branch offices, factories, warehouses and even wind farms and oil rigs. In all of these deployments, SvSAN enables small hyperconverged clusters with an unrivaled level of simplicity and affordability. SvSAN integrates seamlessly with existing virtualized environments and enables centralized deployment and management for anything from one to thousands of sites, removing the need for dedicated specialist IT staff at each site and significantly lowering the cost of management. SvSAN is deployed by over a thousand customers across 72 countries and is available as a pre-configured hyperconverged solution through both Cisco and Lenovo, as well as through our network of channel partners around the world. StorMagic was founded in 2006 by two experienced storage entrepreneurs with the vision to find the simplest, most cost-effective way to store and manage data through software. The founders realized that if data was stored within servers instead of a SAN, and was synchronously mirrored to other servers and presented as a virtual SAN, then end users? total cost could be lowered dramatically. With this architecture, data would be both stored and processed on the same platform, which is now known as hyperconverged infrastructure and is increasingly seen as a key tool in any CTO?s armoury for efficient infrastructure management.

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N/A

Total Funding

69

Number of Employees

$9M

Revenue (est)

-21%

Employee Growth %

N/A

Valuation

N/A

Accelerator

StorMagic News

2022-04-17 - Hyper-Converged Infrastructure Market Size, Scope And ...

StorMagic, Sangfor Technologies, StarWind, Fujitsu, IBM, Riverbed Technology, NEC Corporation, Lenovo, Diamanti, Hitachi Vantara.

2022-03-30 - StorMagic Appoints Erik Murrey as Chief Technology Officer

Prior to StorMagic, Murrey served as CTO and VP of engineering for StrongBox Data Solutions where he led the global engineering team to...

2021-10-27 - DCIG Competitive Comparison Report on HCI Video Surveillance Edge Solutions Now Available

"ARQvault eliminates vendor lock-in, and its scalability and automated tiering optimize performance and reduce storage costs by at least 50 percent." - Bruce Kornfeld, Chief Marketing and Product Officer BRISTOL, England (PRWEB) October 27, 2021 StorMagic®, simplifying storage and security fro ...

2021-05-13 - StorMagic Recognized as a 2021 Gartner Peer Insights Customers’ Choice for Hyperconverged Infrastructure Software North America

“We are excited to have received the 2021 Customers’ Choice distinction, which is a testament to how much our end user customers value our products and services.” -Bruce Kornfeld, Chief Marketing and Product Officer BRISTOL, England (PRWEB) May 13, 2021 StorMagic®, simplifying storage and secu ...

2021-05-05 - StorMagic Achieves Record Revenue and Exceeds FY21 Sales Forecast by 24 Percent

“As StorMagic stays on a focused path to deliver what customers need to better store, protect and use data at the edge, we are proud to announce that the company has closed its most successful financial year in our history." - Brian Grainger, CRO of StorMagic BRISTOL, England (PRWEB) May 05, 20 ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$15.7M6913%N/A
#2
$15.5M69-8%N/A
#3
$14.1M693%N/A
#4
$13.9M7015%N/A
#5
$7.5M70-5%N/A