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NS1 Announces Q3 2021 Growth Driven by Innovation in Products and Services

November 3, 2021 9:03 AM

With nearly 40 new customers, NS1 continues its rapid growth trajectory as the leading provider of core network services for the enterprise distributed edge

NEW YORK--(BUSINESS WIRE)-- NS1, the leader in application traffic intelligence and automation, today announced it has closed 28 consecutive quarters of annual recurring revenue growth. During Q3 2021, the company added 39 new customers, including Uber, AmerisourceBergen, and Sky Arabia, bringing its customer base to nearly 850 companies. NS1 also accelerated innovation in Q3, introducing new products, integrations, and services that deliver superior performance, flexibility, and resilience to customers at the distributed edge.

In addition to the company’s consistent growth, NS1 maintained a customer retention rate of 95%. With a Net Promoter Score of 78, the company remains in the top tier among software-as-a-service (SaaS) companies.

“Surging reliance on digital services and applications, along with increasingly distributed audiences, is putting excessive demands on internet and application infrastructure, pushing companies to the literal edge,” said Kris Beevers, co-founder and CEO, NS1. “As a result, they are turning to NS1’s software-defined core network services to provide the intelligence, automation, and agility required to support applications at the enterprise distributed edge.”

During Q3, NS1 focused its innovation efforts on products and services that simplify deployment and management, improve network visibility, and enable performance and cost optimization.

Innovation in Open Source

Innovation in Application Delivery and Observability

New Service Offerings

About NS1

The internet and applications powering our world depend on NS1. Billions of people connect to work, school, entertainment, and healthcare, and stay informed because of the company’s innovative technology. As an ally for innovators, NS1 helps our customers turbocharge their ideas in pursuit of building the better future through connecting applications and audiences at the distributed edge. NS1’s application traffic intelligence and automation portfolio makes applications faster, more reliable, and more secure everywhere. With technologies for cloud-native network services, edge-to-cloud networking, and application traffic optimization, NS1 helps eliminate the barriers between applications, users, infrastructure, and data. NS1 has more than 800 customers across the globe, including Dropbox, Fox, Salesforce, LinkedIn, and eBay, and is backed by investments from Energy Impact Partners, Dell Technologies Capital, Cisco Investments, and GGV Capital.

Media contact:

Jennifer Tanner

Look Left Marketing

[email protected]

Source: NS1

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