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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.
– 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.

About StorMagic

StorMagic builds right-sized virtualization solutions for real-world IT environments. Its software is designed to be simple to deploy, easy to manage and highly available, helping organizations keep critical applications and data running at and near the edge. Founded in 2006, StorMagic works closely with IT teams to deliver practical, reliable virtualization for organizations operating from a single site to thousands of locations.

About Version 2 Limited
Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

StorMagic Recognized by G2 Users as a Premier HCI Solution

StorMagic Named a Premier HCI Solution by Verified G2 Users

Securing spots in 19 distinct Fall 2025 reports, StorMagic earns 11 badges and climbs the Hyperconverged Infrastructure rankings.

– StorMagic®, a leader in streamlining on-site virtualization, has been highly rated by the IT professionals who use it daily. The company announced today that StorMagic SvSAN has secured a top-three position for Hyperconverged Infrastructure (HCI) software on G2, the world’s leading software marketplace. Driven entirely by authentic end-user feedback, the Fall 2025 quarterly Market Reports prominently feature StorMagic across 19 separate categories.

“Every quarter, G2 ranks the best products across thousands of reports by category, company size, geography, and report type. These reports serve as tailored guides for software buyers researching solutions that meet their specific business needs. Congratulations to StorMagic for appearing in our G2 Reports this season, thanks to the positive experiences shared by their customers.”

— Sydney Sloan, CMO of G2

The Fall 2025 G2 Market Reports highlight several major milestones for StorMagic’s growing market presence. Key performance achievements include:

  • Advancing to the #3 spot (out of 12) as a High Performer in the overarching Grid® Report for HCI Solutions.
  • Capturing second place overall in the Momentum Grid® Report.
  • Earning recognition as a High Performer across every organizational tier: SMB, Mid-Market, and Enterprise.
  • Collecting 11 total badges, highlighted by:
    Best ROI, Momentum Leader, Users Most Likely to Recommend, and Fastest Implementation.

“StorMagic is committed to helping customers all over the world manage their mission-critical on-site applications and data. We are thrilled to be recognized as a top HCI solution through G2’s verified end user reviews, which help buyers research and select software for their own organizations.”

— Bruce Kornfeld, Chief Product Officer, StorMagic

Curious about what actual IT teams are saying about SvSAN?
Read firsthand accounts or share your own experience on the StorMagic G2 review page.

About StorMagic

StorMagic builds right-sized virtualization solutions for real-world IT environments. Its software is designed to be simple to deploy, easy to manage and highly available, helping organizations keep critical applications and data running at and near the edge. Founded in 2006, StorMagic works closely with IT teams to deliver practical, reliable virtualization for organizations operating from a single site to thousands of locations.

About Version 2 Limited
Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.