AUSTIN, Texas--(BUSINESS WIRE)--Pivot3, the technology leader of hyperconverged infrastructure solutions for the software-defined datacenter, today announced the company has been named one of Austin’s most promising and innovative startups by the Austin Chamber in its 2017 A-List of the Hottest Startups. Pivot3 was recognized in the Scale category for its explosive growth throughout 2016.
Pivot3 was one of 17 winners representing Austin's most fundable, scalable and innovative startups driving increased venture capital funding to Central Texas, as selected by the Austin Chamber's Innovate Austin initiative and South by Southwest Interactive.
Pivot3 experienced record growth throughout 2016, increasing total revenue by over 80 percent – including a more than 200 percent increase in Q4 earnings from Q4 2015 –with significant deals secured across multiple key industry verticals. The company also recently won AustinInno’s Tech Madness tournament, with the Austin tech community selecting Pivot3 as the company they think will grow the most in the next five years.
“Austin is a hotbed of innovation, and it’s been the perfect location for Pivot3 to become an agile and aggressive hyperconverged infrastructure leader with a business model focused on sustainable growth, technology innovation and customer success,” said Ron Nash, CEO of Pivot3. “It’s refreshing to see the diversity of organizations in this year’s A-List, and we’re honored to stand alongside our Central Texas neighbors as we go beyond our borders to compete on a global scale.”
"High growth startups play an important role in Austin’s economic success. Through entrepreneurship, Austin has become an established center of innovation, with companies operating in myriad traditional and emerging industries," said Jonathan Packer, Interim Senior Vice President, Global Technology and Innovation. "This year’s A-List Award winners are a great reflection of what is happening in Austin broadly. We are thrilled to recognize an outstanding group of Austin's most innovative startups.”
Pivot3 improves the simplicity and economics of the enterprise datacenter with industry-leading hyperconverged infrastructure technology. By combining storage, compute, and networking on commodity hardware, Pivot3’s software-defined platforms let IT run multiple, mixed application workloads on a single infrastructure while guaranteeing performance to the applications that matter most. Pivot3’s agile infrastructure solutions extend performance, scale and efficiency across more of the datacenter so customers can keep pace with the demands of modern business. With over 2,400 customers in 54 countries and 18,000 hyperconverged deployments in industries such as healthcare, government, transportation, security, entertainment, education, gaming and retail, Pivot3 is redefining HCI with smarter infrastructure solutions. Recently named a Leader in the Forrester Wave™: Hyperconverged Infrastructure (HCI), Q3 2016 and a Visionary in Gartner’s 2016 Magic Quadrant for Integrated Systems, Pivot3 provides smarter infrastructure solutions for the modern datacenter. To learn more, visit http://pivot3.com/ or follow us on Twitter @Pivot3Inc.
About the Austin Chamber
The mission of the Austin Chamber of Commerce is to provide leadership that facilitates the creation of a prosperous regional economy and effective advocacy for its more than 2,800 members. Now in its seventh year, the A-List continues to highlight Austin's most promising and cutting-edge innovators and startups to support the addition of venture capital and talent to our city. For more information about the Austin Chamber of Commerce visit AustinChamber.com.