ExaGrid posts 3 record-breaking quarters in a row while maintaining positive cash and P&L status
MARLBOROUGH, Mass.-Thursday 7 October 2021 [ AETOS Wire ]
(BUSINESS WIRE)-- ExaGrid®, the industry’s only Tiered Backup Storage solution, today announced that it had an all-time record bookings and revenue in the quarter ending September 30, 2021. This accomplishment was on the back of ExaGrid’s record-breaking quarters in Q1 and Q2 2021, increasing both bookings and revenue to a new all-time high.
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ExaGrid’s revenue grew over 57% as compared to Q3 2020, and grew 10.4% sequentially from Q2 2021 to Q3 2021. In addition, ExaGrid was cash positive in the quarter for fourth quarter in row. ExaGrid added a record 153 new customers in Q3 2021, including 43 six- and seven-figure deals, and has more than 3,10
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