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April 27, 2015 12:54 PM ET

Technology Hardware, Storage and Peripherals

Company Overview of Nimble Storage, Inc.

Company Overview

Nimble Storage, Inc. provides flash-optimized storage platforms. The company’s software and storage systems handle various mainstream applications, including virtual desktops, databases, email, collaboration, and analytics. It offers systems that provide adaptive performance for high-I/O applications and high-capacity environments, including Exchange, Oracle, SharePoint, SQL Server, virtual desktop infrastructure, and server virtualization. The company sells its products through a network of value added resellers and distributors to a range of industries comprising cloud-based service providers, education, financial services, healthcare, manufacturing, state and local government, and technol...

211 River Oaks Parkway

San Jose, CA 95134

United States

Founded in 2007

838 Employees

Phone:

408-432-9600

Key Executives for Nimble Storage, Inc.

Chairman, Chief Executive Officer and President
Age: 43
Total Annual Compensation: $331.3K
Founder, Vice President of Engineering and Director
Age: 52
Total Annual Compensation: $238.8K
Chief Financial Officer
Age: 44
Total Annual Compensation: $240.0K
Vice President of Sales
Age: 47
Total Annual Compensation: $190.0K
Compensation as of Fiscal Year 2014.

Nimble Storage, Inc. Key Developments

Nimble Storage Announces Settlement Agreement with NetApp, Inc

Nimble Storage announced that it has entered into a written settlement agreement with NetApp, Inc., effective March 16, 2015, that resolves all remaining claims in the parties' outstanding litigation matters. Beginning in October 2013, NetApp initiated litigation against Nimble. The first was a lawsuit in U.S. District Court for the Northern District of California, alleging violations of the federal Computer Fraud and Abuse Act, trade secret misappropriation, and unfair competition, among other claims. The second was a lawsuit filed in May 2014 in the Superior Court of California, County of Santa Clara alleging similar claims, including trade secret and breach of contract. The terms of the settlement are confidential and are not material to Nimble's financial statements. Both cases were formally dismissed with prejudice by the U.S. District Court, Northern District of California and Santa Clara County Superior Court on March 23, 2015.

Nimble Storage Names William Jenkins to Board of Directors

Nimble Storage reported that William Jenkins has joined the company's board of directors and will serve as a member of the audit committee. According to a release from the company, Jenkins, an 18-year IT industry veteran, currently serves as president, CEO, and board member of Barracuda Networks, Inc. Prior to Barracuda, Jenkins served in a range of executive assignments at EMC through a period of rapid growth and expansion from 1998 to 2012.

Nimble Storage, Inc. Appoints William D. BJ Jenkins as Director and Member of the Audit Committee of the Board

On March 11, 2015, the Board of Directors of Nimble Storage, Inc. appointed William D. BJ Jenkins, Jr. to fill the newly created directorship and become a member of the audit committee of the Board. Mr. Jenkins will serve as a Class II director and will stand for re-election at the 2015 Annual Meeting of the Stockholders. Mr. Jenkins currently serves as the president and chief executive officer, and is a member of the board of directors of Barracuda Networks, Inc.

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