Veeam
{{Short description|Information technology company}}
{{Advert|date=October 2024}}
{{Infobox company
| name = Veeam Software Group
| logo = Veeam Logo Bounce Oct23.png
| image =
| type = Private
| area_served = Worldwide
| foundation = {{sda|2006}}
| founders = Ratmir Timashev
Andrei Baronov
| key_people = Anand Eswaran (CEO)
| hq_location_city = (global)
Columbus, Ohio, United States (corporate){{cite web |last1=Ghosh |first1=Carrie|date=29 January 2020 |title=Columbus one of two choices for $5B cloud tech company headquarters |url=https://www.bizjournals.com/columbus/news/2020/01/29/exclusive-columbus-one-of-two-choices-for-5b-cloud.html |website=bizjournals.com |access-date=3 September 2021}}
| hq_location_country =
| num_employees = 4,300{{cite web|url=https://craft.co/veeam-software|title=Veeam Company profile |publisher=Craft|access-date=26 September 2019}}
| num_employees_year = 2020
| industry = Software industry
| products =
| services =
| revenue = {{increase}} $1 billion (2019){{cite web |title=Veeam Company Profile |url=https://www.owler.com/company/veeam |website=Owler |access-date=3 September 2021}}
| revenue_year =
| homepage = {{URL|https://www.veeam.com/}}
}}
Veeam Software Group is a privately held US-based information technology company owned by Insight Partners. It develops backup, disaster recovery and modern data protection software for virtual, cloud-native, SaaS, Kubernetes and physical workloads. Veeam Software was co-founded by two Russian entrepreneurs, Ratmir Timashev and Andrei Baronov.{{Cite web |last=Rogers |first=Bruce |title=Is Veeam The Next $Billion Virtualization and Cloud Software Company? |url=https://www.forbes.com/sites/brucerogers/2014/01/07/is-veeam-the-next-billion-virtualization-and-cloud-software-company/ |access-date=2023-06-14 |website=Forbes |language=en}}{{cite web | url=https://www.theregister.co.uk/2013/05/23/veeam_v_7/ | title=Backup bods Veeam quietly gobbling up ever-greater market share | first1=Chris | last1=Mellor | website=The Register | date=23 May 2013 }}{{cite web|url=https://www.forbes.com/sites/brucerogers/2014/01/07/is-veeam-the-next-billion-virtualization-and-cloud-software-company/|title=Is Veeam The Next $Billion Virtualization and Cloud Software Company? |first1=Bruce | last1=Rogers | work=Forbes | date=7 January 2014}}{{Cite web |title=Veeam Software News Releases |url=https://www.veeam.com/news.html?ck=1676356277100 |access-date=2023-03-15 |website=Veeam Software |language=en}} While Veeam's start was built on protecting data across virtualized workloads, it has significantly expanded to protect data across a wide variety of platforms from AWS, Azure, Google Cloud, Microsoft 365, Kubernetes, etc. Veeam's current CEO, Anand Eswaran, has been pushing Veeam's strategy to accelerate share in the enterprise with adding several layers to Veeam's partnerships. Veeam took over the #1 market share in the data protection category in the second half of 2022. The company headquarters is in Kirkland, Washington, United States.{{cite web | url=http://www.hrazg.ch/webservices/inet/HRG/HRG.asmx/getHRGHTML?chnr=1703036191&amt=170&toBeModified=0&validOnly=0&lang=2&sort=0 | title=Official company registry for Veeam Software AG in Baar, Zug, Switzerland | publisher=State of Zug | access-date=2015-01-08 | archive-url=https://web.archive.org/web/20141109160831/http://www.hrazg.ch/webservices/inet/HRG/HRG.asmx/getHRGHTML?chnr=1703036191&amt=170&toBeModified=0&validOnly=0&lang=2&sort=0 | archive-date=2014-11-09 | url-status=dead }}{{Cite web |title=Company Overview {{!}} Veeam - Global Leader in Data Protection |url=https://www.veeam.com/about.html?ck=1676356277100 |access-date=2023-03-15 |website=Veeam Software |language=en}}{{Cite web |title=Veeam Software Announces Strategic Partnership with Carahsoft Technology Corp. |url=https://finance.yahoo.com/news/veeam-software-announces-strategic-partnership-172400204.html |access-date=2023-03-17 |website=Yahoo Finance |date=15 March 2023 |language=en-US}}{{Cite web |title=Veeam Software Announces Strategic Partnership with Carahsoft Technology Corp. {{!}} Carahsoft |url=https://www.carahsoft.com/news/veeam-software-announces-strategic-partnership-with-carahsoft |access-date=2023-03-17 |website=www.carahsoft.com}}{{Cite news |last=Bishop |first=Todd |date=2024-03-29 |title=Data protection giant Veeam moves HQ to Seattle region, tops $1.5B in annual recurring revenue |url=https://www.geekwire.com/2024/data-protection-giant-veeam-moves-hq-to-seattle-region-tops-1-5b-in-annual-recurring-revenue/ |url-status=live |archive-url=https://web.archive.org/web/20241001145102/https://www.geekwire.com/2024/data-protection-giant-veeam-moves-hq-to-seattle-region-tops-1-5b-in-annual-recurring-revenue/ |archive-date=2024-10-01 |access-date=2024-11-29 |work=GeekWire |location=Kirkland, Washington}}
The name "Veeam" came from the phonetic pronunciation of the letters "VM" — virtual machine.{{Cite web|url=https://forums.veeam.com/veeam-backup-replication-f2/what-s-the-meaning-of-veeam-t29754.html |title=What's the meaning of "veeam"? |website=Veeam R&D forums |date=2015-08-17 |accessdate=2021-03-17 |publisher=Veeam}}{{Cite web |title=V.E.E.A.M. : What does it mean - where it stands for ? {{!}} Veeam Community Resource Hub |url=https://community.veeam.com/blogs-and-podcasts-57/v-e-e-a-m-what-does-it-mean-where-it-stands-for-1126 |access-date=2023-03-17 |website=community.veeam.com |date=29 June 2021 |language=en}}
History
Ratmir Timashev and Andrei Baronov met in the United States while attending Ohio State University. After selling their previous IT management software company, Aelita Software Corporation, to Quest Software in 2004;{{cite web | url= http://www.sramanamitra.com/2014/08/22/unicorn-in-the-making-veeam-ceo-ratmir-timashev-part-3/|title= Unicorn in the Making: Veeam CEO Ratmir Timashev |publisher= One Million by One Million|author= Sramana Mitra |date= August 22, 2014 |access-date= November 22, 2015}}{{cite web|url= http://www.bizjournals.com/columbus/stories/2004/03/15/daily21.html|title= Aelita buyout closes|website= Columbus Business First|date= 18 March 2004}}{{Cite web |last=Goins |first=Tony |date=Jan 29, 2004 |title=Aelita Software to be acquired by Quest Software |url=https://www.bizjournals.com/columbus/stories/2004/01/26/daily30.html |access-date=March 17, 2023 |website=bizjournals}} the two founded Veeam in 2006, opening the first Veeam office in Saint-Petersburg, Russia.
The first Veeam products, Veeam Monitor and Veeam Reporter, provided monitoring, reporting, analysis and documentation for virtual infrastructure. In 2007 Veeam released a free VM backup copy product, FastSCP,{{cite web|last=David|first=Davis|date=27 January 2009|title=The top 10 free VMware tools of 2008|url=https://searchvmware.techtarget.com/tip/The-top-10-free-VMware-tools-of-2008|access-date=5 May 2021|website=Tech Target}}{{Cite web |title=Veeam |url=https://paganresearch.io/details/veeam#:~:text=Veeam%20gained%20attention%20in%202007,58%25%20of%20the%20Global%202000. |access-date=2023-03-17 |website=paganresearch.io}} which became a basis for building Veeam's data-protection software for hardware virtualization.{{Cite web|title=Veeam Backup and Replication: An evaluation|url=https://searchvmware.techtarget.com/report/Veeam-Backup-and-Replication-An-evaluation|access-date=2021-05-05|website=SearchVMware|language=en}}
In 2014, Veeam held its first conference on data protection and availability called "VeeamON," which took place in Las Vegas, Nevada.{{cite web|url=http://blog.esg-global.com/could-veeamon-be-the-next-mms|title= Could VeeamON be the next MMS?|last1= Buffington| first1= Jason | publisher= Enterprise Strategy Group |date= 6 October 2014}}
In 2016, Veeam appointed Peter C. McKay, formerly Senior Vice President & General Manager of Americas at VMware, to the position of President and COO.{{Cite web|date=2016-06-28|title=Veeam Appoints New President And CEO {{!}} StorageReview.com - Storage Reviews|url=https://www.storagereview.com/news/veeam-appoints-new-president-and-ceo|access-date=2018-05-14|website=www.storagereview.com|language=en}}{{Cite news |title=Verizon Emea Marketing Head Madelin Becomes Relianceacsn CEO |url=https://www.iteuropa.com/pdfs/psw01072016.pdf |access-date=17 March 2023}}{{Cite web |title=Veeam Appoints Peter McKay as President and COO; Promotes William Largent to CEO |url=https://www.veeam.com/news/veeam-appoints-peter-mckay-as-president-and-coo-promotes-william-largent-to-ceo.html?ck=1676356277100 |access-date=2023-03-17 |website=Veeam Software |language=en}} McKay was promoted to a co-CEO role alongside Baronov and then in late 2018 McKay left the company during restructuring, leaving Baronov as sole CEO.{{Cite web | url=https://www.crn.com/news/cloud/co-ceo-peter-mckay-leaving-veeam-in-executive-restructuring | title=Co-CEO Peter McKay Leaving Veeam in Executive Restructuring| date=2018-10-30}}
On January 9, 2020, Insight Partners announced that they would purchase Veeam in a $5 billion deal and move the company HQ to the US.{{Cite web|url=https://www.forbes.com/sites/kenrickcai/2020/01/09/insight-partners-says-it-will-buy-cloud-company-veeam-in-5-billion-deal-move-headquarters-to-us/|title=Insight Partners Says It Will Buy Cloud Company Veeam In $5 Billion Deal, Move Headquarters To U.S.|last=Cai|first=Kenrick|website=Forbes|language=en|access-date=2020-01-09}}{{Cite web |date=2022-05-17 |title=Veeam Appoints Anand Eswaran as Chief Executive Officer |url=https://www.veeam.com/news/veeam-appoints-anand-eswaran-as-chief-executive-officer.html?ck=1642615791830 |access-date=2023-03-15 |website=Veeam Software |language=en}}{{Cite press release |last=Partners |first=Insight |title=Insight Partners to Acquire Swiss Cloud Data Management Leader Veeam in a Transaction Valued at Approximately US$5 Billion |url=https://www.prnewswire.com/news-releases/insight-partners-to-acquire-swiss-cloud-data-management-leader-veeam-in-a-transaction-valued-at-approximately-us5-billion-300984017.html |access-date=2023-03-17 |website=www.prnewswire.com |language=en}}
In 2020, Veeam appointed Bill Largent, former chairman of the Board, as CEO and chairman.{{Cite web|date=2020-01-09|title=Insight Partners to Acquire Swiss Cloud Data Management Leader Veeam in a Transaction Valued at Approximately US$5 Billion|url=https://www.prnewswire.com/news-releases/insight-partners-to-acquire-swiss-cloud-data-management-leader-veeam-in-a-transaction-valued-at-approximately-us5-billion-300984017.html|access-date=2021-05-03|website=Veeam Software|language=en}}{{Cite web |date=2020-11-15 |title=Veeam Software announces another quarter of double-digit growth - Channel Post MEA |url=https://channelpostmea.com/2020/11/15/veeam-software-announces-another-quarter-double-digit-growth/,%20https://channelpostmea.com/2020/11/15/veeam-software-announces-another-quarter-double-digit-growth/ |access-date=2023-03-17 |language=en-US}} The next year Anand Eswaran replaced Largent as CEO.{{Cite web |date=2021-12-20 |title=Veeam appoints Anand Eswaran as Chief Executive Officer |url=https://internationalsecurityjournal.com/veeam-appoints-anand-eswaran/ |access-date=2023-03-17 |website=internationalsecurityjournal.com |language=en-GB}}
The company has a number of international offices, including regional headquarters for EMEA in Paris, France, for the Americas in Columbus, Ohio, for the Middle East in Dubai and for the Asia-Pacific region in Sydney, Australia.{{Cite web|title=Veeam Software - contacts|url=https://www.veeam.com/contacts.html|access-date=2021-05-05|website=Veeam Software|language=en}}{{Cite web |title=Veeam |url=https://paganresearch.io/details/veeam |access-date=2023-03-17 |website=paganresearch.io}} The company's largest R&D center is in Prague, Czechia.{{Cite web |title=Veeam Invests $150 Million to Expand its Main R&D Center, Creating 500 New Jobs in Czech Republic |url=https://www.veeam.com/news/veeam-invests-150-million-to-expand-its-main-rd-center-creating-500-new-jobs-in-czech-republic.html?ck=1676356277100 |access-date=2023-03-15 |website=Veeam Software |language=en}}{{Cite web |title=Career at Veeam Software – Czech Republic |url=https://cz.careers.veeam.com// |access-date=2023-03-17 |website=Veeam Software |language=en}}{{Cite news |date=2018-07-05 |title=Veeam expands presence in EMEA with new R&D centre |url=https://www.ec-mea.com/veeam-expands-presence-in-emea-with-new-rd-centre/ |access-date=2023-03-17 |website=GEC News Wire |language=en-US}}
Software
In 2008, with 10 employees, the company released Veeam Backup & Replication,{{Cite web |date=2022-06-27 |title=What does VEEAM stand for! - Veeam History - Cloud Whales |url=https://cloudwhales.co.uk/2022/06/27/what-does-veeam-stand-for-veeam-history/ |access-date=2023-03-17 |language=en-US}} a tool that provided VMware vSphere VMs with incremental backups and image-based replication, with built-in data deduplication and compression.{{cite web|url=http://virtualization.info/en/news/2008/03/release-veeam-backup-10.html|title=Release: Veeam Backup 1.0|date=March 3, 2008|publisher=Virtualization.info|access-date=November 16, 2015}}{{Cite news |last=express.de |first=software |title=Veeam Backup & Replication 12 Release Notes |url=https://www.software-express.de/static/9f3b3b6b073925fa87799d03f71ffbba/veeam_backup_12_release_notes.pdf}} Veeam Backup & Replication started supporting Microsoft Hyper-V in 2012.{{cite web|url=https://www.vmguru.com/2011/12/veeam-backup-replication-v6-released/|title=Veeam Backup & Replication v6 released|author=Sander Martijn|date=December 1, 2011|publisher=VMGuru|access-date=November 16, 2015}}{{Cite web |title=Veeam Announces Support for Windows Server 2012 Hyper-V |url=https://www.veeam.com/news/veeam-announces-support-for-windows-server-2012-hyper-v.html?ck=1676356277100 |access-date=2023-03-17 |website=Veeam Software |language=en}}
In 2015, the company extended its product line with a free backup utility for physical endpoints — Veeam Endpoint Backup FREE; it supports PCs running 32- and 64-bit versions of Microsoft Windows OS and integrates with Veeam Backup & Replication.{{cite web|url=https://www.theregister.co.uk/2015/06/15/veeaming_all_the_way_to_the_bank/|title=Veeam-ing all the way to the bank: No IPO for these VM replicants|last1=Mellor|first1=Chris|date=15 June 2015|website=The Register}}{{Cite web |title=Veeam Backup and Replication System Requirements |url=https://www.veeam.com/backup-replication-system-requirements.html?ck=1676356468264 |access-date=2023-03-17 |website=Veeam Software |language=en}} In the same year, it released Veeam FastSCP for Microsoft Azure, a tool for copying files between on-premises and Microsoft Azure VMs.{{cite web|author=Adam Armstrong|date=6 May 2015|title=Veeam Introduces FastSCP For Azure & Management Pack v8 For System Center|url=https://www.storagereview.com/news/veeam-introduces-fastscp-for-azure-management-pack-v8-for-system-center|publisher=StorageReview}}
In 2016, it launched Veeam Backup for Microsoft Office 365, for backing up Office 365 Exchange servers,{{cite web|url=http://searchdatabackup.techtarget.com/news/450402746/With-Microsoft-Office-365-backup-Veeam-breaks-into-new-market|title=With Microsoft Office 365 backup, Veeam breaks into new market|date=10 November 2016|publisher=Searchdatabackup Techtarget}}{{Cite news |last=Software |first=Veeam |date=2019 |title=Veeam Backup for Microsoft Office 365 |work=Veeam |url=https://portal-data-cn.obs.cn-north-4.myhuaweicloud.com/marketplace/public/app/attachment/20191111/ea58cfae-f904-4db4-a4df-cbf3b80b0a97/1911110341246646.pdf}}{{Cite web |title=Flexible Engine: Veeam Backup for Microsoft Office 365 deployment guide |url=https://cloud.orange-business.com/wp-content/uploads/2020/09/veeam-backup-for-microsoft-office-365-on-fe-deployment-guide-v1-2.pdf |access-date=2024-11-29 |website=Orange Business}}{{Cite web |title=Backup Office 365 data with Veeam Backup for Microsoft 365 |url=https://www.veeam.com/backup-microsoft-office-365.html?ck=1677502390942 |access-date=2023-03-17 |website=Veeam Software |language=en}} and Veeam Availability Orchestrator, a multi-hypervisor disaster recovery orchestration software with documenting, testing and reporting capabilities.{{Cite news|url=https://www.vladan.fr/what-is-veeam-availability-orchestrator/|title=What is Veeam Availability Orchestrator? {{!}} ESX Virtualization|date=2018-03-02|work=ESX Virtualization|access-date=2018-05-14|language=en-US}}{{Cite book |last=Software |first=Veeam |title=Veeam Availability Orchestrator |publisher=Veeam |year=2020}}{{Cite web |title=Veeam Availability Orchestrator {{!}} VMBackupWorks.com |url=https://www.vmbackupworks.com/Veeam-Availability-Orchestrator.asp |access-date=2023-03-17 |website=www.vmbackupworks.com}}
In 2017, it introduced three new products: Veeam Agent for Microsoft Windows (successor to Endpoint Backup) and Veeam Agent for Linux — for physical workload data protection with various backup/restore scenarios including cloud,{{cite web|url=http://www.running-system.com/veeam-agents-for-windows-linux/|title=Touching the physical world: Veeam Agents for Windows & Linux|date=3 March 2017|publisher=Running System}}{{Cite web |title=Compare Veeam Agent for Linux vs Veeam Agent for Microsoft Windows |url=https://www.peerspot.com/product_comparisons/31753-31754 |access-date=2023-03-17 |website=www.peerspot.com}}{{Cite book |last=Martin |first=Ronn |title=Veeam Agents for Microsoft Windows and Linux on IBM Cloud |publisher=Veeam |year=2017}} and Veeam Availability Console — a free tool for managing Veeam-powered data protection and disaster recovery in distributed infrastructures and enabling BaaS and DRaaS services delivered through service providers.{{Cite news|url=http://techgenix.com/veeam-availability-console/|title=Veeam Availability Console offers multi-tenant environment management|date=2017-12-14|work=TechGenix|access-date=2018-05-14|language=en-US}}
In 2020, Veeam announced 16 major releases. This includes Veeam Backup & Replication™ v10, Veeam ONE™ v10, Veeam Backup for Nutanix AHV v2, Veeam Service Provider Console v4, Veeam Backup for Microsoft Azure v1, Veeam Availability Orchestrator v3, Veeam Backup for Microsoft Office 365 v5 and Veeam Backup for AWS v3.{{Cite news |date=2021-02-10 |title=Veeam Reports 22% Growth in 2020 as Demand for Modern Data Protection Increases from Businesses of All Sizes |language=en |work=Bloomberg.com |url=https://www.bloomberg.com/press-releases/2021-02-10/veeam-reports-22-growth-in-2020-as-demand-for-modern-data-protection-increases-from-businesses-of-all-sizes |access-date=2023-03-17}}{{Cite web |date=2022-05-17 |title=Veeam Reports 22% Growth in 2020 as Demand for Modern Data Protection Increases from Businesses of All Sizes |url=https://www.veeam.com/news/veeam-reports-22-percent-growth-in-2020-as-demand-for-modern-data-protection-increases-from-businesses-of-all-sizes.html?ck=1676356277100 |access-date=2023-03-17 |website=Veeam Software |language=en}}
Acquisitions
In 2008, the company acquired nworks to further integrate VMware management with Microsoft and Hewlett-Packard enterprise system management platforms.{{cite web |url=https://www.networkworld.com/article/2281154/virtual-server-management-marriage--veeam-acquires-nworks.html |title=Virtual server management marriage: Veeam acquires Nworks |last=Dubie |first=Denise |date=June 24, 2008 |website=Network World |publisher=IDG Communications |access-date=March 3, 2021}}{{Cite web |last=Katarina |first=BCC Services / |title=Veeam |url=http://www.bccservices.com/infrastructure-solutions/security-management-backup-and-colaboration/veeam/ |access-date=2023-03-17 |website=BCC services |language=en-US}}{{Cite web |title=Veeam Software Acquires nworks |url=https://www.veeam.com/news/veeam-software-acquires-nworks.html?ck=1676356277100 |access-date=2023-03-17 |website=Veeam Software |language=en}}
This resulted in two new products:
- Veeam nworks Management Pack for VMware to directly integrate VMware management into Microsoft System Center Operations Manager
- Veeam nworks Smart Plug-In for VMware to directly integrate VMware management into HP OpenView
In 2012, both products were renamed to Veeam Management Pack and Veeam Smart Plug-In, omitting the word "nworks."{{Cite web |last=Software |first=SEP |date=2016 |title=How to Sell SEP sesam against Veeam Benefits of SEP sesam vs. Veeam |url=https://www.sepsoftware.pl/fileadmin/user_upload/Partner_Lounge/SEPsesam_HowToSell_against_VeeamEN_web.pdf}}
In 2017, Veeam acquired N2WS, a company providing cloud-native enterprise-grade backup and disaster recovery solutions for Amazon Web Services (AWS). For this, the R&D team works in collaboration followed by the acquisition of N2WS by Veeam.{{Cite news|url=https://searchdatabackup.techtarget.com/news/450433230/Veeam-acquisition-of-N2WS-enhances-cloud-protection|date = 16 January 2018|title=Veeam acquisition of N2WS enhances cloud protection|website=TechTarget|access-date=2018-05-14|language=en-US}}{{Cite web |last=N2WS |first=Veeam |title=About N2WS Backup & Recovery |url=https://d1.awsstatic.com/Marketplace/solutions-center/downloads/N2WS-datasheet.pdf}} In 2019, Veeam sold N2WS back to its original founders after discussions with the US Government.{{Cite web|date = 1 November 2019| title=Veeam cloud backup sells back N2WS, adding AWS and Azure products|url=https://searchdatabackup.techtarget.com/news/252473322/Veeam-cloud-backup-sells-back-N2WS-adding-AWS-and-Azure-products|website=TechTarget}}{{Cite web |last=Kovar |first=Joseph F. |date=2019-10-21 |title=Veeam Sells Its N2WS Business Due To Government Concerns |url=https://www.crn.com/news/storage/veeam-sells-its-n2ws-business-due-to-government-concerns |access-date=2023-03-17 |website=CRN |language=en}}
In 2020, Veeam acquired Kasten, a market leader in backup and disaster recovery solutions for Kubernetes.{{Cite web|last=Adshead|first=Antony|date = 6 October 2020|title=Veeam buys Kasten to get a boost in Kubernetes backup|url=https://www.computerweekly.com/news/252490101/Veeam-buys-Kasten-to-get-a-boost-in-Kubernetes-backup|website=computerweekly.com}}{{Cite web |date=2021-10-22 |title=Veeam Acquires Kasten to Accelerate Protection of Kubernetes-Native Workloads On-Premises and Across Multi-Cloud Environments |url=https://www.veeam.com/news/veeam-acquires-kasten-to-accelerate-protection-of-kubernetes-native-workloads-on-premises-and-across-multi-cloud-environments.html?ck=1676356277100 |access-date=2023-03-17 |website=Veeam Software |language=en}}{{Cite web |title=Veeam |url=https://www.kasten.io/veeam |access-date=2023-03-17 |website=www.kasten.io |language=en}}
References
{{Reflist|30em}}
External links
{{Commons category}}
- {{Official website|https://www.veeam.com/}}
Category:Privately held companies of Switzerland
Category:Software companies of the United States
Category:Software companies of France