ExaGrid Systems, Inc.

https://www.exagrid.com/

ExaGrid Systems, Inc. is a private American data storage company headquartered in Marlborough, Massachusetts, founded in 2002. The company's core business revolves around developing tiered backup storage appliances. Its mission is to provide enterprises with the best backup storage solution, addressing the challenges of integrating primary storage with data backup. Bill Andrews serves as the President and CEO of ExaGrid.

ExaGrid's key offerings include tiered backup storage appliances featuring a unique disk-cache Landing Zone, a long-term retention repository, and a scale-out architecture. These products are designed to enhance backup speed, recovery time, and ransomware resilience through features like data deduplication and ransomware recovery capabilities. The company's solutions are utilized by upper mid-market to large enterprise customers across various sectors, including commercial accounts, public education, local and federal government, and universities. ExaGrid appliances are compatible with over 25 backup applications, such as Veeam, Rubrik, Commvault, NetBackup, HYCU, and Oracle RMAN Direct.

ExaGrid has demonstrated strong market performance, reporting its best Q1 bookings and revenue in Q1 2026, with double-digit revenue growth compared to Q1 2025. During this period, the company acquired 177 new customers, including 80 six- and seven-figure deals, and reached a milestone of over 5,000 active-installed customers by February 2026. ExaGrid has maintained profitability, EBITDA, and positive free cash flow for 21 consecutive quarters. The company introduced an all-flash/SSD tiered backup storage solution in January 2026 and is recognized as the world's largest independent backup storage vendor, known for its unique two-tiered backup storage approach that includes a non-network-facing tier, delayed deletes, and immutable objects for ransomware recovery.

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CID: 6187