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Nimble Storage

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Nimble Storage is a predictive flash storage technology company which gives businesses the fastest, most reliable access to data. The Company produces hardware and software products for data storage, specifically data storage arrays that use the iSCSI and Fibre Channel protocols and includes data backup and data protection features. Nimble's predictive analytics combined with flash storage radically simplify IT operations in one's data center and in the cloud.

Nimble's patented Cache Accelerated Sequential Layout architecture, designed from the ground up to effectively combine flash with high capacity drives, makes high performance affordable, simplifies and enhances disaster recovery and backup, and delivers stress-free operations.

Revenue(FY, 2017)
$402.6 M
StateClosed
TypeSubsidiary
Parent CompanyHewlett Packard Enterprise
HQSan Jose, CA, US
Founded2007
Websitenimblestorage.com
Cybersecurity ratingDMore
Nimble Storage was founded in 2007 and is headquartered in San Jose, CA, US

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Key People/Management at Nimble Storage

Suresh Vasudevan

Suresh Vasudevan

President and CEO
Dan Leary

Dan Leary

VP Marketing
Umesh Maheshwari

Umesh Maheshwari

Founder and CTO
Varun Mehta

Varun Mehta

Founder and VP of Engineering
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Nimble Storage Office Locations

Nimble Storage has offices in San Jose, Durham, New York, Chicago and in 15 other locations
San Jose, CA, US (HQ)
211 River Oaks Parkway
Durham, NC, US
1015 Swabia Court
New York, NY, US
655 Third Avenue, Suite 900
North Sydney, AU
Level 6, 111 Pacific Highway
Beijing, CN
A2 Gong Ti Bei Rd
Hamburg, DE
Kurze Mühren 1
Show all (19)

Nimble Storage Financials and Metrics

Summary Metrics

Founding Date

2007

Total Funding

$98.8 m

Investors

Sequoia Capital, GGV Capital, Accel Partners, Lightspeed Venture Partners, ARTIS Ventures, Wing Venture Capital, Employee Stock Option Fund (ESO Fund)
In total, Nimble Storage had raised $98.8 m. Nimble Storage is a subsidiary of Hewlett Packard Enterprise

Nimble Storage Revenue

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View revenue for all periods
Nimble Storage's revenue was reported to be $402.60 m in FY, 2017 which is a 24.9% increase from the previous period.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

227.7m322.2m402.6m

Revenue growth, %

42%25%

Cost of goods sold

79.0m112.6m145.7m

Gross profit

148.7m209.6m256.9m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

46.5m53.8m59.1m71.3m80.1m80.7m86.4m97.1m102.0m

Cost of goods sold

16.3m18.5m20.7m24.8m27.8m28.0m31.6m34.4m37.0m

Gross profit

30.2m35.2m38.4m46.5m52.3m52.7m54.8m62.7m65.1m

Gross profit Margin, %

65%66%65%65%65%65%63%65%64%
show all
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

208.4m211.2m184.8m

Accounts Receivable

35.3m50.4m64.3m

Inventories

12.0m16.0m21.9m

Current Assets

260.6m283.6m280.0m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

204.3m205.8m205.0m201.5m213.6m209.7m203.0m194.2m180.7m

Accounts Receivable

25.8m29.6m34.8m44.3m43.1m44.5m46.9m49.1m59.3m

Prepaid Expenses

4.2m3.1m4.9m5.1m4.9m6.0m6.3m7.4m7.8m

Inventories

7.3m9.3m10.6m12.9m13.7m14.7m15.5m18.1m20.4m
show all
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(98.8m)(120.1m)(158.3m)

Depreciation and Amortization

8.8m15.6m22.6m

Inventories

(6.2m)(3.9m)(9.0m)

Accounts Payable

8.5m7.7m8.9m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

(19.6m)(45.7m)(74.1m)(29.0m)(59.1m)(87.7m)(42.7m)(82.6m)(121.9m)

Depreciation and Amortization

1.8m3.8m6.0m3.3m6.9m11.0m5.1m10.6m16.5m

Inventories

(1.8m)(3.7m)(4.7m)(906.0k)(1.6m)(2.6m)(604.0k)(4.0m)(6.7m)

Accounts Payable

5.6m7.6m11.6m2.6m3.3m6.1m759.0k1.8m9.0m
show all
USDQ1, 2015

Financial Leverage

1.5 x
Show all financial metrics

Nimble Storage Operating Metrics

FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Enterprise Customers

40 270 1.09 k2.64 k4.97 k7.58 k10.20 k

Patents Issued

4 14 25

Patents and Patent Applications

25
Show all operating metrics

Nimble Storage Revenue Breakdown

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Nimble Storage revenue breakdown by business segment: 80.0% from Product and 20.0% from Support and Service

Nimble Storage Cybersecurity Score

Cybersecurity ratingPremium dataset

D

64/100

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Nimble Storage Online and Social Media Presence

Nimble Storage's Trends

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 Nimble Storage Frequently Asked Questions

  • When was Nimble Storage founded?

    Nimble Storage was founded in 2007.

  • Who are Nimble Storage key executives?

    Nimble Storage's key executives are Suresh Vasudevan, Dan Leary and Umesh Maheshwari.

  • How many employees does Nimble Storage have?

    Nimble Storage has 1,104 employees.

  • What is Nimble Storage revenue?

    Latest Nimble Storage annual revenue is $402.6 m.

  • What is Nimble Storage revenue per employee?

    Latest Nimble Storage revenue per employee is $364.7 k.

  • Who are Nimble Storage competitors?

    Competitors of Nimble Storage include Tintri, Groupware Technology and CrashPlan.

  • Where is Nimble Storage headquarters?

    Nimble Storage headquarters is located at 211 River Oaks Parkway, San Jose.

  • Where are Nimble Storage offices?

    Nimble Storage has offices in San Jose, Durham, New York, Chicago and in 15 other locations.

  • How many offices does Nimble Storage have?

    Nimble Storage has 19 offices.