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Tintri claims record $1m+ deals in Q3

Larger customers move to cloud; driving service provider business

VM-aware storage producer Tintri says it closed Q3 with more deals over $1 million than any other quarter in company history, pushing its customer base to over 20% of the Fortune 100 companies. This comes as a direct result of the strong demand for enterprise cloud and all-flash storage solutions, it says.

“The third quarter was a great success for Tintri,” said Ken Klein, chairman and CEO of VC-funded Tintri. “The company saw strong sales to enterprises and service providers seeking to simplify the deployment and management of enterprise cloud. By deploying Tintri’s all-flash storage platform with its web services architecture, customers are achieving Amazon-like agility with automation and scale in their data centre.”

Tintri’s main focus this year has been building on its existing solutions to introduce more features allowing customers to enjoy simplified storage solutions for cloud environments. Enterprise cloud for organisations and service providers has become a major source of growth for Tintri as IT budgets shift from traditional IT infrastructure to the cloud. More than one third of Tintri customers have built cloud infrastructures with Tintri storage, it says.