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

