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Bologna, Italy — 24th October 2023 — Cubbit, the innovator behind Europe's first geo-distributed cloud storage enabler, today announced a brand new distribution agreement with Exclusive Networks, a globally trusted cybersecurity specialist for digital infrastructure, whose gross sales hit $4.9 billion in 2022. This partnership marks a significant global milestone in the go-to-market plans for Cubbit's technology, and achieves strategic positioning into geo-distributed secure cloud storage S3 services for Exclusive Networks. Unlike many cloud storage providers, Cubbit's geo-distributed approach allows data to be securely stored across multiple geographical locations within a single country. This addresses nations’ specific data sovereignty concerns, helping businesses check all the compliance boxes while guaranteeing hyper-resiliency, security and control over their data.
The partnership agreement includes joint initiatives to deliver the Cubbit DS3 solution on Exclusive Networks’ X-OD platform, the company’s on demand consumption channel for all cybersecurity and Infrastructure products and services. The platform enables channel partners to buy, manage, and distribute the technology, as well as create their own subscription-based service wrappers to suit bespoke customer demand. With the ability to service more than 170 countries, Exclusive Networks will help Cubbit to dramatically scale its revenue growth objectives. Following this agreement, Cubbit will also directly open new offices in France, Germany, and the United Kingdom, bringing its cutting-edge technology to an even wider audience.
Paul Eccleston, Senior Vice President EMEA at Exclusive Networks, said, "Data is the lifeblood of any modern organisation and the ability to securely store, manage and backup data to safeguard against ransomware and other cyber threats is critical. Through its resilience, Cubbit introduces an added layer of cybersecurity. By keeping at least three copies of data per country, Cubbit ensures a more reliable and robust data protection, allowing for greater flexibility in data recovery. The addition of Cubbit to our X-OD portfolio reinforces our commitment to delivering unparalleled value to our partner ecosystem and provides an innovative solution for their customers to securely manage their growing data storage needs.”
Richard Czech, Chief Revenue Officer at Cubbit, commented, 'We are immensely proud to join forces with Exclusive Networks. This partnership embodies our shared vision of revolutionising the data storage and data management landscape, and allowing higher margins for partners, MSPs and resellers. At Cubbit, we've always been dedicated to pushing the boundaries of cloud storage, and this partnership underlines this commitment. Together, we will provide our partners with unparalleled opportunities and set new benchmarks in the industry”.
Alessandro Cillario, co-CEO and co-founder of Cubbit, explains, “Enterprises often encounter challenges such as unexpected costs with major cloud storage providers, and at the same time they have concerns about security, GDPR compliance and data sovereignty. Cubbit’s geo-distributed cloud solves all of these issues.” Cillario adds, “At Cubbit we are looking forward to working with Exclusive Networks. Together, we will offer global partners a solution that combines innovation, high margins, and peace of mind in data management.”
Since the announcement of the Next Generation Cloud Pioneers programme in April 2022, Cubbit now serves more than 170+ companies, enterprises, and institutions, including Aeroporto Marconi di Bologna, Amadori, Bonfiglioli, CNP Vita (Unicredit Group), Granarolo, Marcheno Municipality, and SCM Group.
While working to expand its team and global footprint, Cubbit is evolving its technology to become an enabler of multi-cloud and edge solutions. For more information, please visit: https://www.cubbit.io/
About Exclusive Networks
Exclusive Networks (EXN) is a global cybersecurity specialist that provides partners and end-customers with a wide range of services and product portfolios via proven routes to market. With offices in over 47 countries and the ability to serve customers in over 170 countries, we combine a local perspective with the scale and delivery of a single global organisation.
Our best-in-class vendor portfolio is carefully curated with all leading industry players. Our services range from managed security to specialist technical accreditation and training and capitalise on rapidly evolving technologies and changing business models. For more information visit: www.exclusive-networks.com
Cubbit, Europe's first geo-distributed cloud storage enabler, offers Cubbit DS3: a multi-tenant S3-compatible object store optimised for edge and multi-cloud use cases. Unlike traditional cloud storage, Cubbit’s technology doesn't store data in a few centralised data centres. Instead, files are encrypted, fragmented, redundantly stored, and distributed across geo-distributed networks called Swarms; this reduces the data risk around downtime, ransomware, and hacker attacks. The Swarm is built on recycled and dedicated computing and storage resources, helping to optimise the storage infrastructure of companies and enterprises at a fraction of the cost of traditional cloud providers while guaranteeing complete data sovereignty and avoiding lock-in. Cubbit, a Gaia-X partner, is a leading European deep tech scaleup company that has raised $12M+ and expanded its presence in 70+ countries, where its technology has been deployed with over 5,000 active nodes. In 2022, Cubbit launched its B2B solution that now counts more than 170 corporate and enterprise customers. Cubbit has received awards from CERN, Mastercard, TIM, Next Generation Internet, and Climate KIC. It is one of three winners of the EIT Digital Challenge Award 2021 given to the best European scaleups, and was chosen by EIC Scaling Up among the top 30 European deep tech scaleups.
About Next Generation Cloud Pioneers
Launched in April 2022, Next Generation Cloud Pioneers is the Cubbit programme where a selected number of pioneering Italian companies adopted Cubbit's geo-distributed cloud object storage product to create the first private B2B network in Europe.
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