Open source container management company exceeds revenue goals by twenty percent, reports 19 million software downloads.
Cupertino, Calif. – January 25, 2017 – Rancher Labs, a provider of container management software, today announced momentum in 2016, doubling its employees, exceeding revenue targets by twenty percent and surpassing 19 million software downloads. This growth underscores the heavy demand for its popular open source software that simplifies the deployment and running of containers in production, on any infrastructure. “2016 was a successful and rewarding year for us, with much of it achieved by the support from our deeply engaged community of developers, users, partners and customers, for which we are incredibly appreciative,” said Sheng Liang, co-founder and CEO of Rancher Labs. “The container industry is fast-moving, and we have a number of plans for this year to ensure we are even better positioned for success. We have a complete and easy-to-use solution, and are the only product on the market that supports Swarm, Kubernetes and Mesos, runs containers on all clouds and delivers these capabilities via an incredibly simple user interface.”
General Availability and Product Enhancements
In March, the company announced the general availability of Rancher, its open source container management platform, including several key enhancements since its original beta release in June 2015. Since Rancher was introduced, Rancher Labs pushed 553 releases which includes key new features such as modular infrastructure services and the ability to use the Rancher orchestration features or the integrated Kubernetes, Docker Swarm or Mesos distributions. In its most recent releases, Rancher Labs extended the Rancher infrastructure services capabilities with lifecycle management for container networking and storage plugin frameworks. These frameworks can be incorporated in customizable environments, providing straightforward and repeatable deployment of infrastructure services. In its latest release, Rancher v1.3, the company included experimental support for Windows containers.
Funding and Company Growth
In May, Rancher announced \$20M in Series B funding led by new investor GRC SinoGreen, with participation from existing investors, Mayfield and Nexus Venture Partners. This funding was allocated to supporting sales and marketing initiatives. To keep pace with demand for its product, the company expanded its employee base by 100 percent, and opened sales offices in UK, Japan and China. Rancher also saw an increase in customer acquisitions, with over thirty-five signed by the end of 2016. Rancher users, including Laterooms.com, Blippar and DemandBase, as well as others in the financial services, government, technology, healthcare and media verticals, shared their experience using Rancher at industry events.
Growing Partner Network
In October, Rancher introduced its Partner Network, a comprehensive partner program designed to expand the company’s global reach, increase enterprise adoption, and provide partners and customers with tools for success. The program supports consultancies and systems integrators, as well as resellers and service providers worldwide, with twenty partners from North and South America, Europe, Asia and Australia, including Redapt, EVRY, CamptoCamp and Treeptik. For additional information on Rancher and to learn more about Rancher Labs and the company’s open source products, please visit www.rancher.com.
About Rancher Labs
Rancher Labs builds innovative, open source container management software for enterprises leveraging containers to accelerate software development and improve IT operations. With commercially-supported distributions of Kubernetes, Mesos, and Docker Swarm, the flagship Rancher container management platform allows users to easily manage all aspects of running containers in development and production environments, on any infrastructure. For additional information, please visit www.rancher.com. Contact: Eleni Laughlin Mindshare PR (510) 406-0798 [email protected]