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Smart Cloud Virtana Achieves 63% Sales Growth in Q1 2021

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MarTech Cube
Smart Cloud Virtana Achieves 63% Sales Growth in Q1 2021

Virtana, the AI-powered unified observability for hybrid cloud company, today announced that it achieved a record-breaking 63% sales growth in Q1 2021 compared to the same quarter a year ago. The company exceeded Q1 2021 sales goals by 111%, after beating the Q4 2020 goal by 109%. Virtana also began operating cash flow positive and EBITDA positive. Virtana sales from cloud-focused products and services experienced a 10x increase from Q4 2020 to Q1 2021, with 200% cloud customer acquisition growth.

Growth in sales is the result of customer adoption of the new software-as-a-service (SaaS) based Virtana Platform and the proven on-premises workload placement solution VirtualWisdom. Virtana’s solutions provide continuous and deep high-fidelity data insights into IT operations and cloud management, crucial to a faster, successful transition to a digital economy.

 

https://www.martechcube.com/smart-cloud-virtana-achieves-63-sales-growth-in-q1-2021/

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