StorMagic Celebrates 20 Years of Edge Leadership

StorMagic Celebrates Two Decades of Edge Computing Leadership Amid Surging Demand for Virtualization Alternatives

Recording a 36% jump in ARR for FY2026, the company expands its executive team, partner network, and product portfolio to tackle global hardware shortages and hypervisor market shifts.

BRISTOL, England – April 14, 2026 – StorMagic®, a pioneer in simplifying on-site virtualization, marks its 20th anniversary alongside a major financial milestone: a 36% increase in annual recurring revenue (ARR) for the 2026 fiscal year (April 1, 2025 – March 31, 2026). This rapid growth aligns with an industry-wide pivot, as enterprises aggressively seek streamlined, cost-effective alternatives to legacy virtualization platforms. Since its founding in 2006, StorMagic has maintained a singular focus: equipping organizations with flexible, scalable, and highly reliable infrastructure for remote office/branch office (ROBO), distributed edge, and small datacenter environments. Today, that mission has expanded to address modern enterprise hurdles. StorMagic is actively helping IT leaders establish stable post-VMware foundations, maximize the lifespan of their current hardware assets, prepare for emerging AI workloads, and reclaim control over edge virtualization budgets.

“The past year introduced two major catalysts that accelerated the search for new virtualization vendors: the Broadcom acquisition of VMware and persistent hardware supply chain constraints coupled with rising costs. As we head into FY27, our software-defined, hardware-agnostic architecture perfectly positions us to resolve these pain points, delivering the exact same high-value proposition we have championed for twenty years.” — Susan Odle, CEO, StorMagic

Fiscal Year 2026: A Year of Accelerated Momentum

Driven by its commitment to reducing edge complexity, StorMagic achieved sweeping operational, technological, and strategic milestones over the past fiscal year.

Leadership and Financial Growth

Achieved a remarkable 36% growth in ARR year-over-year.
Appointed Susan Odle as Chief Executive Officer, Scott Mann as Senior Vice President of Worldwide Sales, and John Serino as Vice President of Marketing.
Welcomed virtualization industry veteran Dave Hallmen to the Non-Executive Board of Directors.

Product Innovation

Rolled out four major feature updates for SvHCI (versions 2.0 through 2.3), introducing robust stretch cluster capabilities, volume snapshots, and refined virtual machine import/export mechanisms.
Released SvSAN version 6.7, delivering substantial performance enhancements and broadened compatibility with the latest hypervisor ecosystems.

Strategic Partnerships and Channel Expansion

Reinforced its channel-first methodology by launching a completely redesigned Global Partner Program and an optimized Partner Portal.
Signed a global OEM agreement with SNUC and a virtual-OEM collaboration with HPE.
Forged a new global partnership with HiveRadar and an EMEA-wide distribution contract with QBS Technology Group.
Established a strategic alliance with networking hardware manufacturer Mako Networks.

Brand Evolution and Market Recognition

Executed a comprehensive corporate rebranding initiative and launched the PodMagic podcast to engage the IT community.
Secured 12 prestigious industry awards for technological excellence across edge computing, storage innovation, and data virtualization, including recognitions from the Globee Awards, DCS Awards, MSP Channel Awards, Network Computing, and the Data Breakthrough Awards.
Garnered 11 corporate and executive accolades from CRN, G2, and Network Computing, highlighting the company’s exceptional customer service, leadership, and unwavering commitment to the IT channel.

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StorMagic Celebrates 20 Years of Edge Leadership