Accellion Sees 70% Growth Year Over Year

PALO ALTO, CA--(Marketwired - Apr 15, 2014) - Accellion, Inc., the pioneer in providing secure enterprise solutions that improve mobile productivity, today announced that it had more than 70 percent growth of new recurring revenue year over year. The growth is attributed to an increasing worldwide need for private cloud file sharing solutions, with the necessary security features to protect sensitive business data.

"In the post-Snowden era, there is an increasing awareness among enterprises worldwide that they need private cloud solutions to retain control over how today's mobile workforce shares enterprise content," said Yorgen Edholm, CEO, Accellion. "Our kiteworks private cloud file sharing and mobile collaboration solution has the security functionality that IT teams require, while also featuring a mobile-first interface that provides an easy-to-use experience for users. I'm happy to see our rapid growth mirroring the rapid growth of mobile usage in the workforce."

Corporations and government agencies around the world have chosen secure mobile file sharing solutions from Accellion to improve business productivity. With kiteworks, users get a next-generation mobile solution that improves business productivity by enabling users to seamlessly access, create, edit, and share content from any device. Additionally, kiteworks' three-tier architecture provides enterprise grade security, flexibility and scalability to protect sensitive business information while enabling employees to work securely, wherever.

Companies that have recently become Accellion customers include: AVL; Barnes & Noble LLC; Blue Cross and Blue Shield of Kansas City; Catamaran RX; Cuatrecasas; Graphic Systems Group, LLC; Grupo Salinas; Hyundai Motor UK; Marico Limited; Nikon, Inc.; Pernod Ricard; and Swatch Group Ltd.

About Accellion
Accellion, Inc. is an award-winning private company that provides mobile solutions to enterprise organizations that enable increased business productivity while ensuring security and compliance. As the leading provider of private cloud solutions for secure file sharing, Accellion offers enterprise organizations the scalability, flexibility, control and security to enable a mobile workforce with the tools they need to create, access and share information securely, wherever work takes them. More than 12 million users and 2,000 of the world's leading corporations and government agencies including Procter & Gamble; Indiana University Health; Kaiser Permanente; Lovells; Bridgestone; Harvard University; Guinness World Records; US Securities and Exchange Commission; and NASA use Accellion solutions to increase business productivity, protect intellectual property, ensure compliance and reduce IT costs. For more information please visit www.accellion.com or call (650) 485-4300. Follow Accellion's Blog, Twitter, Facebook and LinkedIn.

Accellion is a registered trademark of Accellion, Inc. in the US and other countries. All other trademarks contained herein are the property of their respective owners.