Cobalt Iron Signs Agreement With Arrow Electronics for North American Distribution of Compass Enterprise SaaS Backup Platform

LAWRENCE, Kan. — March 24, 2020 — Cobalt Iron Inc. today announced a new distribution agreement with Arrow Electronics. Arrow Electronics’ enterprise computing solutions business will represent Cobalt Iron’s Compass™ enterprise software-as-a-service (SaaS) backup platform to its entire ecosystem of partners and customers.

The agreement makes Arrow the newest member of Ironclad Partner Advantage (IPA), Cobalt Iron’s program for channel partners launched late last year. As a prominent distribution channel for data backup and security, Arrow chose to team up with Cobalt Iron based on Compass’ industry-leading position in the SaaS-based enterprise data protection market. Arrow will offer Compass to customers in North America along with technical training and support resources.

“We’re pleased to welcome Arrow Electronics to the IPA family. As the industry’s most innovative and financially rewarding partner program, IPA now has an even higher profile with the addition of Arrow — one of the top technology solutions providers in North America,” said Rodney Foreman, chief revenue officer of Cobalt Iron. “Not only does this agreement give us access to Arrow’s vast ecosystem of value-added resellers, managed service providers, and system integrators, but it’s a strong validation of Compass as a transformative SaaS-based data protection solution. Even more customers in North America will now be able to benefit from the multicloud, analytics-driven Compass approach to data backup, with robust and native protection against cyberattacks built right in.”

More information about Cobalt Iron and Compass is available at www.cobaltiron.com.

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About Cobalt Iron
Cobalt Iron is the global leader in SaaS-based enterprise data protection. The company was founded in 2013 to bring about fundamental changes in the world’s approach to data protection. Through analytics and automation, Cobalt Iron enables enterprises to transform and optimize legacy backup solutions into a simple cloud-based architecture. By leveraging the cloud, Cobalt Iron reduces overall capex by more than 50% while eliminating backup failures and inefficiencies. Processing more than 7 million jobs a month for customers in 44 countries, Cobalt Iron delivers modern enterprise data protection for enterprise customers.

Product or service names mentioned herein are the trademarks of their respective owners.

Link to Word Doc: www.wallstcom.com/CobaltIron/200324CobaltIron-ArrowElectronics.docx

Link to Photo: www.wallstcom.com/CobaltIron/CobaltIron-Arrow.png
Photo Caption: Logo compilation for Cobalt Iron and Arrow Electronics.

Follow Cobalt Iron:
Twitter: https://twitter.com/cobaltiron
LinkedIn: https://www.linkedin.com/company/cobalt-iron/
YouTube: https://www.youtube.com/user/CobaltIronLLC

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