DDN Storage Named to Elite $1 Billion+ Valuation Storage Unicorn List

DataDirect Networks (DDN®) today announced that the
company has achieved recognition in the prestigious
“Storage Unicorns” list. “Storage Unicorns” are private
storage companies deemed to have a valuation of $1
billion or more – a statistical rarity of very successful
ventures. The list has been compiled by well-respected
Condor Consulting Group.
“From the very beginning, our goal at DDN has been to
create and deliver the absolute best storage solutions to
solve our enterprise, technical computing and now web/
cloud customers’ most difficult data-management
challenges,” said DDN CEO and Co-Founder Alex
Bouzari. “We are pleased and honored to be recognized
as a Storage Unicorn, but we know deep down in our
hearts that it is the hard work and unwavering
dedication of our employees and the tremendous support
of our customers and partners that have made this
journey possible. Technology advances in our ever-
faster, ever-more-connected world are creating
tremendous opportunities for DDN to continue to serve,
grow and thrive in the years to come.”
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The “Storage Unicorn” list is a spin-off of the Global
Unicorn Club list and DDN, which continues to be run
profitably by its two founders Alex Bouzari and Paul
Bloch, is one of a very small number of storage
companies to reach Unicorn status in what is a $100
billion storage industry.
“(DDN) is a clear leader in storage for all kinds of high-
demand applications; the company was founded in 1998
and is still led by the two same executives,” said Condor
Consulting’s Philippe Nicolas, in a Storage Newsletter
article announcing the report. “Finding the right mixture
between technology, team and business is a tough
journey. And for some executives, it’s a utopia they will
never realize. On the other hand, a unicorn is about the
cream of the cream, an elite group of companies. It
illustrates the good sign of investment realized and
business successes.”
Condor Consulting Group’s Storage Unicorn list was
published in June 2017 and highlights companies that
have reached a $1 billion valuation. In order to produce
the list, Condor collected data from various sites such
as Crunchbase, PitchBook, CB Insights, the media and
investors, in addition to its own formulas and tools. The
list will be updated twice each year, in June and
December.
About DDN
DataDirect Networks (DDN) is the world’s leading big
data storage supplier to data-intensive, global
organizations. With almost 20 years of experience
driving performance at scale, DDN has designed,
developed, deployed and optimized systems, software
and storage solutions that enable enterprises, service
providers, universities and government agencies to
generate more value and to accelerate time to insight
from their data and information, on premise and in the
cloud. Organizations leverage the power of DDN storage
technology and the deep technical expertise of its team
to capture, store, process, analyze, collaborate and
distribute data, information and content at the largest
scale in the most efficient, reliable and cost-effective
manner. DDN customers include many of the world’s
leading financial services firms and banks, healthcare
and life science organizations, manufacturing and
energy companies, government and research facilities,
and web and cloud service providers. For more
information, go to www.ddn.com or call
1-800-837-2298.
Media Contacts:
DDN
Michael King
Sr. Director of Marketing
mking@ddn.com
408-419-2892
IGNITE Consulting, on behalf of DDN
Linda Dellett, 303-439-9398
Kathleen Sullivan, 303-439-9365
ddn@igniteconsultinginc.com
©2017 All rights reserved. DDN Storage and DDN are
trademarks owned by DataDirect Networks. All other
trademarks are the property of their respective owners.

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