MSP Cloud

N-able Technologies Reports Record Growth in 2011

By Carolyn J Dawson
MSP News™ Contributor

According to a company release, record-high performance and growth have been reported by N-able Technologies. N-able Technologies also reported record-high satisfaction ratings from its global partner base. N-able Technologies is a company specializing in remote monitoring and management automation software. The RMM software is used by managed service providers or MSPs and IT departments.

N-able Technologies has reported an increase in the number of small and mid-sized businesses using the N-able N-central platform. The company’s year-end 2011 sales report noted an increase of nearly 200 percent in the number of end-users since January 2010. As compared to the 22,000 end-users in January 2010, N-able now has more than 59,000 end-users. An increase of 235 percent in the number of devices being managed on a worldwide basis by N-able partners using N-central has also been reported.

According to Gavin Garbutt, CEO of N-able, exceptional growth across N-able’s partner base was experienced by the company.

In a release, Garbutt said, “As a company, N-able performed ahead of plan and brought to market industry-leading offerings across our technology, MSP freemium programs, technical support and sales and marketing enablement resources to help our partners rapidly expand their share of wallet with existing customers and earn new business in 2011.”

N-able has an international partner base in Australia, New Zealand, the Netherlands, Scandinavia, the U.K., Germany and South Africa. The company has reported over 40 percent increase in the international partner base. Hundreds of new international partners have been welcomed to the N-able partner community. Accel-KKR has provided N-able with a significant multi-million dollar growth equity investment.

Mike Cullen, VP of sales at N-able said, “N-able’s success internationally is unprecedented. In 2011, we saw a number of international MSPs switch to N-able to accelerate their managed services practices and we also earned the business of many aspiring MSPs. We’ve seen tremendous growth in our international business over the last three years and expect these numbers to soar in 2012.”

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