Global Demand for Secure File Services Drives Record Results for CTERA in 2017

NEW YORK, March 12, 2018 (GLOBE NEWSWIRE) -- CTERA Networks, the global leader in secure enterprise file services, today announced record results for fiscal year 2017, more than doubling its enterprise software subscription revenue year-over-year. By combining unified and accelerated file services with military-grade security, CTERA provides the full range of modern enterprise file services and continues to drive strong customer traction across Fortune 100 enterprises, global government organizations, and leading cloud service providers.

“The modernization of corporate file services is a major priority around the world, but for many organizations the requirements for data security and performance come first,” said Liran Eshel, CEO and co-founder of CTERA. “Our record results in 2017 are indicative of CTERA’s unique position in the market enabling world-leading organizations to efficiently transition from legacy infrastructure to secure, cloud-based file services. No other solution provider offers modern file collaboration and data protection that can provide consistent performance and security from edge to cloud.”

CTERA’s 2017 business highlights include:

Customer Traction
CTERA continued to add world-leading organizations to its global customer community, including McDonald’s and new commands within the U.S. Department of Defense, and also expanded its implementations at numerous tier-1 financial services firms and leading service providers.

Product Enhancements

  • CTERA announced version 6.0 of the Enterprise File Services Platform, adding smart caching capabilities to its edge filers and endpoint agents that deliver infinite file capacity and content access to branch office environments and corporate users.
  • CTERA added support for universal ACLs, making it simple for users to migrate legacy office file systems to a desktop or laptop experience. CTERA is the only technology vendor that enables NT-ACLs to follow collaboration policies across office file servers, desktops and even mobile devices.
  • CTERA earned certification for FIPS 140-2, a U.S. federal government data encryption standard.

Strategic Partnerships
CTERA continued to expand its alliance partnerships in 2017 with leading global cloud and software-defined storage providers. It announced strategic reselling agreements with IBM and HPE, and grew business with Dell EMC and AWS, as well as with world-leading cloud service providers: Telefonica, Orange, Swisscom, Telecom Italia, and Bezeq.

Industry Recognition
CTERA was recognized in 2017 by the leading industry analysts, including Gartner, IDC, and Forrester. CTERA was mentioned as a selected vendor in Gartner reports across multiple categories, including Cloud Storage Gateways, Enterprise Endpoint Backup, Integrated Backup Appliances and Information Dispersal Algorithms, and was named by Gartner to the 2017 Magic Quadrant for Content Collaboration Platforms.

Supporting Resources:

Trusted by Fortune 100, government organizations and leading service providers, CTERA provides the only cyber-hardened and completely unified file sharing and data protection platform that allows enterprise IT to address the full continuum of global file services from the cloud infrastructure of their choice. CTERA is leading the digital transformation of enterprises to global file services for edge to cloud, with millions of corporate users and tens of thousands of offices worldwide.

Contact information
Joanne Hogue
Smart Connections PR
(410) 658-8246