LeftHand Networks today announced it has achieved 110 percent year-over-year revenue growth in the fiscal year ended June 30, 2008. LeftHand Networks attributes its notable growth to strong customer demand for iSCSI SANs, larger SAN deployments and significant repeat business from existing customers, as well as its VMware go-to-market partnership and substantial channel expansion.
“Achieving triple digit revenue growth and surpassing key milestones of 3,000 customers and 11,000 systems sold is gratifying and reflects the significant advantages that LeftHand Networks’ SANs deliver to the market,” said Bill Chambers, founder and CEO, LeftHand Networks. “With an annual sales growth rate of 110 percent this year, compared with IDC’s market projection of 50 percent growth for the IP SAN market, LeftHand Networks continues to gain share and drive innovative product advancements.”
The company also claims demand has grown for LeftHand Networks’ Virtual SAN Appliance (VSA) for VMware ESX Server, a VMware certified solution that provides highly available applications and storage without requiring an external SAN. The VSA is available for purchase as a standalone solution or as part of Virtualization Solution Kits consisting of LeftHand Networks’ VSA software combined with VMware virtualization software.