Annual Recurring Revenue Increased 84% in 2015 at Nasuni
Nasuni Corporation announced record results for its fourth quarter and year ending December 31, 2015.
Highlights include:
- Record number of new customers in 2015 drove 70% growth in capacity subscription revenue from previous year.
- Production customers reached 223 at year end, an increase of 58% from 2014, while terabytes under management grew 111% during 2015.
- Annual Recurring Revenue (ARR) increased 84% in 2015, providing a basis for projected revenue growth of greater than 100% 2016.
- Subscription dollar retention rate exceeded 100% in 2015, and customer churn was less than 5%.
Nasuni Media Relations
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