Press release

Aerospike® Expands Executive Bench; Accelerates Business, Product and Industry Momentum

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Sponsored by Businesswire

Aerospike®
Inc.
, the developer of the world’s leading enterprise-grade,
non-relational NoSQL database, today announced strong business momentum
in the first quarter of 2019. Aerospike has also hired three experienced technology
executives
to join its leadership team. Lenley Hensarling joins
Aerospike as Chief Strategy Officer, Bill Odell, as Chief Marketing
Officer and Alan Cyron, as Chief Financial Officer. The company also
announced strong industry analyst recognition from Forrester and
Gartner, reiterated its support for Intel Optane DC Persistent Memory
and provided details on Aerospike
Summit
(May 1-2 in San Francisco).

Strong Business Momentum in Q1 2019

Aerospike had another strong quarter in Q1 2019, continuing its pace of
double-digit revenue growth in the quarter compared to Q1 2018.
Customers’ continued confidence in Aerospike’s ability to deliver
strategic value is reflected in a sustained customer retention rate that
exceeds 90 percent. Annual expansion revenue growth rate from existing
customers was 25 percent.

“Aerospike’s unique value is the ability to fuel data in real-time to
mission-critical applications at tremendous scale, and at a fraction of
the cost of other solutions,” said John Dillon, chief executive officer,
Aerospike. “As business and consumer activity increasingly occurs on the
edge – at any time, from anywhere – enterprises need to combine
real-time decisioning and operational excellence. Aerospike customers
often cite our unrivaled blend of availability, speed, scalability and
low latency as important factors in their market success.”

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Expanded Executive Bench

Lenley Hensarling was previously Senior Vice President of Strategy and
Product Management at EnterpriseDB. He began as an engineer writing code
and moved on to hold leadership positions in engineering and product and
company management. Hensarling has worked at both start-ups and some of
the world’s largest software companies, holding product and management
roles at Novell, JD Edwards, PeopleSoft and Oracle.

Bill Odell was previously Vice President of Marketing at SonicWall, Inc.
He began his career in marketing and product management at Sun
Microsystems and has held executive level positions at a number of
start-ups and public companies including Latitude Communications,
Interlace Systems, Helpstream, Cisco Systems and Dell Software.

Alan Cyron was previously Chief Financial Officer at Engine Yard. He is
an accomplished CFO and senior executive with over 25 years experience
as CFO for various private and public companies including Engine Yard,
Navis, Axis Systems, MobileAria and Paragon Trade Brands. Prior to
becoming a CFO, Cyron was a Managing Director in the corporate finance
group at a predecessor of JPMorgan Chase advising public and private
companies.

Product and Analyst Momentum

In March 2019, Aerospike was named a “Strong Performer” in the Forrester
Wave™: Big Data NoSQL, Q1 2019
. Aerospike was one of three vendors
to improve both its Current Offering and Strategy scores from the
previous report. The company received top marks for Data Consistency,
Performance, Scalability, Global Distributed and High
availability/disaster recovery.

Also in March 2019, Aerospike received a combined 4.6/5 score in the
latest evaluation from Gartner
Peer Insights
in the Operational Database Management System
category. The score includes 16 perfect 5/5 rankings.

Earlier this month, Intel launched the Optane
DC Persistent Memory Module (PMM)
. Aerospike became the first
commercially available open database supporting this Intel Optane DC
Persistent Memory with the release of Aerospike
Enterprise Edition 4.5
in December 2018.

Aerospike Summit ’19

Aerospike hosts its second annual Aerospike
Summit
next month (May 1-2, 2019 at the Park Central Hotel in San
Francisco). Aerospike Summit is for CIOs, Chief Data Officers, Chief
Digital Officers, Business Leaders, IT Leaders, Architects,
Technologists and those looking to learn about the latest developments
and successes using Aerospike database solutions and technology to
improve their businesses and operations. Speakers
include thought leaders from Airtel, PayPal, The Trade Desk, Wayfair,
Hewlett Packard Enterprise, Intel, Nielsen and many others.

Register
here
for Aerospike Summit ’19.

About Aerospike

Aerospike is trusted by leading enterprises around the world to help
them build and deploy modern data architecture solutions with
confidence. The Aerospike enterprise-grade non-relational NoSQL database
helps companies power mission-critical, strategic operational
applications that make digital transformation possible. Powered by a
patented Hybrid Memory Architecture™ and autonomic cluster management,
Aerospike is used by enterprises in the financial services, banking,
telecommunications, technology, retail, e-commerce, ad tech, martech and
gaming industries, and is well-suited for fraud prevention, digital
wallet, online brokerage, real-time analytics and other applications
that require extreme uptime, performance and scalability. Aerospike
customers include Adobe, Bharti Airtel, FlipKart, Kayak, Nielsen, and
Snap. The company is headquartered in Mountain View, Calif.

For more information, please visit https://www.aerospike.com.