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Portworx Achieves Triple-digit Growth In Q1 2020

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Kubernetes storage platform Portworx has announced 136% growth in revenue year over year for Q1 2020 and 92% growth in revenue from Q4 2019.

Portworx said it added many new customers and repeat purchases in Q1 including Kroger, Audi, Nvidia and LogDNA, and now counts more than 145 customers, including 54 Global 2000 or Government accounts.

Additionally, Portworx was named the #1 Kubernetes storage platform by GigaOm Research’s inaugural report on the Kubernetes market.

Portworx’s increase in revenue demonstrates the growing confidence from customers, as well as the market need for full stack management for container-based applications running on Kubernetes at a time when digital transformation is seen as a critical competitive advantage.

“Portworx has found success throughout the years by listening to enterprises in the cloud-native storage space and building solutions to their real-world problems. It’s that solution-focused drive that helps us provide customers with all the backup, storage and data protection solutions they need to address their ever-changing business requirements,” said Murli Thirumale, CEO and co-founder, Portworx.

“Our company’s first-quarter momentum is the result of constant conversations with customers and partners. As the industry shifts and our customers’ needs evolve, we will embrace challenges and continue to learn with them. We plan to keep our foot on the pedal and look forward to continued growth and success in 2020 and beyond,” Thirumale added.