Pivot3 Recognized In Forbes’ Annual Ranking Of America’s Most Promising Companies

Pivot3 ranked number 74 on the list of 100 privately held, high-growth companies with bright futures

Pivot3, a leading supplier of video surveillance and virtual desktop infrastructure (VDI) storage appliances, recently announced it has been recognized in Forbes’ annual ranking of America’s Most Promising Companies. Pivot3 ranked number 74 on the list of 100 privately held, high-growth companies with bright futures.

With nearly 600 customers across the globe, Pivot3 provides purpose-built, scale-out storage and compute appliances for video surveillance and virtual desktop environments. Pivot3’s flagship vSTAC™ product family delivers seamlessly converged, highly available shared storage and virtual server appliances for modern virtual server and data workloads. Today, Pivot3 is the global market leader in IP SAN storage for video surveillance with over 7,000 appliances in use around the world ensuring the storage of critical video security data.

Forbes based this year’s list on a number of variables, taking into consideration company sales and employee growth, quality of management teams and investors, margins, market size and key partnerships. While making its final decisions, Forbes turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies. To refine its search, Forbes enlisted CB Insights’ Mosaic software, which scans 45,000 sources to measure a company’s health, gathering myriad signals into a final score that Forbes then used as an initial guide in producing the list.

“It is quite an honor to be recognized in Forbes’ List of America’s Most Promising Companies,” said Rich Bravman, Chief Executive Officer, Pivot3. “To be acknowledged by such a well-respected publication is a great achievement for our team and a testament to our technology, and more importantly, a marker of our commitment to our customers’ success. We have an extremely bright future ahead of us, as we have leadingstorage technology solutions, an increasing breadth of customers, strong partnerships and rapidly expanding market opportunities.”