Object First Reports 822% Surge in Q1 Bookings Year-over-Year

Object First, the provider of Ootbi (Out-of-the-Box-Immutability), the ransomware-proof backup storage appliance purpose-built for Veeam®, today announced a bookings surge in Q1 2024, fueled by growth in new customers and partners in North America and EMEA. Compared to Q1 of 2023, Object First bookings grew 822% worldwide and 560% in North America. The company launched Ootbi in February 2023.

"Building on a strong 2023, Object First accelerated our bookings growth in Q1 2024, anticipating the need for ransomware-proof immutable backup storage that is secure, simple and powerful," said David Bennet, CEO at Object First. "The strong growth in our partner and customer base, especially among those leveraging our larger capacity appliances, reflects the need to secure growing volumes of backup data and ensure rapid and complete recovery when disasters occur."

More Deployments, Bigger Deployments

Object First continued its record of significant growth in Ootbi deployments, recording 57 in Q1 2024, a 714% increase over Q1 2023. Of those, three were over six figures, a 200% increase over the same quarter last year. The company recorded a 700% increase in deals that included two or more Ootbi appliances, and demand for the larger capacity 128TB units grew at 1,050% year-over-year in the first quarter.

To address demand from both partners and customers to store ever-growing quantities of backup data securely, Object First announced a 192TB appliance on June 3, 2024, at the VeeamON conference, adding to the existing Ootbi portfolio of 64TB and 128TB units. This 192TB release unlocks up to 768TB of usable immutable backup storage per Ootbi cluster and integrates seamlessly with Veeam's 12.1.2 release, facilitating backup storage capacities exceeding 3 petabytes as part of a Veeam backup repository.

Partner and Customer Growth Gets Industry Recognition

Object First saw significant partner and customer growth over Q1, with customers increasing 300% worldwide over the same quarter last year, and partners 637%.

These new and expanded relationships include resellers like Insight and Sentinel Technologies; Veeam Cloud Service Providers like IT2Grow and Viyu Network Solutions (also a customer); and customers like Centerbase. Object First adoption is based on making the most advanced, secure, immutable backup storage easy to deploy and manage. As stated by Zach Young, Director of IT at Centerbase, "Most importantly, our Ootbi just works. Set it and forget it. I can't wait to budget for another one!"

Growth in EMEA is a strategic focus for Object First, and the company saw 400% growth in customers in Q1 2024 compared to the prior year. In Q1, the company announced partnerships with distributors across Europe, including Copaco (BeNeLux region), Pedab (Scandinavia - Sweden, Norway, Finland, Denmark, Poland, Balkans), and V-Valley (Spain).

This track record of growth and the value provided to partners and customers worldwide was recognized by CRN in Q1, who included Object First in the annual CRN 2024 Partner Program Guide.

To request a demo of Ootbi, click here. To learn more about Object First, please visit objectfirst.com and follow on LinkedIn and X.

About Object First

Ransomware-proof and immutable out-of-the-box, Ootbi by Object First delivers secure, simple, and powerful backup storage for Veeam® customers. The appliance can be racked, stacked, and powered in 15-minutes. Ootbi is built on immutable object storage technology designed and optimized for unbeatable backup and recovery performance. Eliminate the need to sacrifice performance and simplicity to meet budget constraints with Ootbi by Object First.