Veeam Software is a

privately held A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is ...

US-based

information technology Information technology (IT) is the use of computers to create, process, store, retrieve, and exchange all kinds of data . and information. IT forms part of information and communications technology (ICT). An information technology system ...

company owned by

Insight Partners Insight Partners (previously Insight Venture Partners) is an American venture capital and private equity firm based in New York City. The firm invests in growth-stage technology, software and Internet businesses. History Insight Partners was ...

that develops backup,

disaster recovery Disaster recovery is the process of maintaining or reestablishing vital infrastructure and systems following a natural or human-induced disaster, such as a storm or battle.It employs policies, tools, and procedures. Disaster recovery focuses on ...

and modern data protection software for virtual, physical and multi-cloud infrastructures. The company's headquarters are in

Baar, Switzerland Baar () is a municipality in the canton of Zug in Switzerland. History Baar is first mentioned in 1045 as ''Barra''. Geography Baar has an area, , of . Of this area, 51% is used for agricultural purposes, while 25% is forested. Of the rest ...

and

Columbus, Ohio Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, an ...

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five ma ...

. The name "Veeam" came from the phonetic pronunciation of the letters "VM" —

virtual machine In computing, a virtual machine (VM) is the virtualization/ emulation of a computer system. Virtual machines are based on computer architectures and provide functionality of a physical computer. Their implementations may involve specialized har ...

History

Ratmir Timashev Ratmir Vilyevich Timashev is a Russian IT entrepreneur, founder and former CEO of Veeam Software. He also owns ABRT Venture Fund, which invests in early stage IT startup companies. He has been listed in The Top 25 Innovators of the Year by ''CRN ...

and Andrei Baronov met in the United States while attending Ohio State University and eventually founded Veeam in 2006. Timashev and Baronov had sold their previous IT management software company,

Aelita Software Corporation Aelita Software Corporation is a software company that provided enterprise network management tools for improved security, usability, and control. Aelita software has developed solutions for Microsoft Windows 2000 and 2003 migration and domain rec ...

, to

Quest Software Quest Software, also known as Quest, is a privately held software company headquartered in Aliso Viejo, California, United States. Quest provides cloud management, software as a service, security, workforce mobility, and backup & recovery. The ...

in 2004;

Dell Dell is an American based technology company. It develops, sells, repairs, and supports computers and related products and services. Dell is owned by its parent company, Dell Technologies. Dell sells personal computers (PCs), servers, data ...

subsequently acquired Quest Software in 2012. In June 2016, Dell announced the sale of its software division, which included Quest, to

Francisco Partners Francisco Partners is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. Founded in August 1999 and based in San Francisco with offices in London and New York City, Franci ...

and

Elliott Management Corporation Elliott Investment Management is an American investment management firm. It is also one of the largest activist funds in the world. It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limit ...

. The first Veeam products, Veeam Monitor and Veeam Reporter, provided virtual-infrastructure monitoring, reporting, analysis and documentation. Later, in 2010, the company combined both products to form Veeam ONE. Veeam gained attention in 2007 with its free VM backup copy product, FastSCP, which became a basis for building Veeam's data-protection software for

hardware virtualization Hardware virtualization is the virtualization of computers as complete hardware platforms, certain logical abstractions of their componentry, or only the functionality required to run various operating systems. Virtualization hides the physic ...

. In 2014, Veeam held its first conference on data protection and availability called "VeeamON," which took place in

Las Vegas Las Vegas (; Spanish language, Spanish for "The Meadows"), often known simply as Vegas, is the List of United States cities by population, 25th-most populous city in the United States, the most populous city in the U.S. state, state of Neva ...

Nevada Nevada ( ; ) is a state in the Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, ...

. In 2016, Veeam appointed Peter C. McKay, prior senior vice president and general manager, Americas with VMware, as president and COO. In 2017, Peter McKay and Andrei Baronov were promoted to the company's co-CEO roles. In late 2018, Andrei Baronov was promoted to CEO. On January 9, 2020,

announced that they would purchase Veeam in a $5 billion deal and move the company to the US. On 22 July 2020, It has been reported that Gartner, Inc. has placed Veeam Software in the 2020 Magic Quadrant for Data Center Backup and Recovery Solutions Leaders. In 2020, Veeam appointed Bill Largent, prior chairman of the board, as CEO and chairman. The company has a number of international offices, including regional headquarters for

EMEA EMEA is a shorthand designation meaning Europe, the Middle East and Africa. The acronym is used by institutions and governments, as well as in marketing and business when referring to this region: it is a shorthand way of referencing the two ...

Paris, France Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), ma ...

, for the Americas in

, for the

Middle East The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabia (including the Arabian Peninsula and Bahrain), Asia Minor (Asian part of Turkey except Hatay Province), East Thrace (Europ ...

Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics ...

and for the

Asia-Pacific Asia-Pacific (APAC) is the part of the world near the western Pacific Ocean. The Asia-Pacific region varies in area depending on context, but it generally includes East Asia, Russian Far East, South Asia, Southeast Asia, Australia and Pacific Isla ...

region in

Sydney, Australia Sydney ( ) is the capital city of the States and territories of Australia, state of New South Wales, and the most populous city in both Australia and List of cities in Oceania by population, Oceania. Located on Australia's east coast, the metro ...

Software

In 2008, with 10 employees, the company released

Veeam Backup & Replication Veeam Backup & Replication is a proprietary backup app developed by Veeam for virtual environments built on VMware vSphere, Nutanix AHV, and Microsoft Hyper-V hypervisors. The software provides backup, restore and replication functionality for ...

, a tool that provided

VMware vSphere VMware vSphere (formerly VMware Infrastructure 4) is VMware's cloud computing virtualization platform. It includes an updated vCenter Configuration Manager, as well as vCenter Application Discovery Manager, and the ability of vMotion to move ...

VMs with

incremental backups An incremental backup is one in which successive copies of the data contain only the portion that has changed since the preceding backup copy was made. When a full recovery is needed, the restoration process would need the last full backup plus al ...

and image-based

replication Replication may refer to: Science * Replication (scientific method), one of the main principles of the scientific method, a.k.a. reproducibility ** Replication (statistics), the repetition of a test or complete experiment ** Replication crisi ...

, with built-in

data deduplication In computing, data deduplication is a technique for eliminating duplicate copies of repeating data. Successful implementation of the technique can improve storage utilization, which may in turn lower capital expenditure by reducing the overall amou ...

and

compression Compression may refer to: Physical science *Compression (physics), size reduction due to forces *Compression member, a structural element such as a column *Compressibility, susceptibility to compression *Gas compression *Compression ratio, of a c ...

. Veeam Backup & Replication started supporting Microsoft Hyper-V in 2012. 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. In the same year, it released Veeam FastSCP for Microsoft Azure, a tool for copying files between on-premises and Microsoft Azure VMs. In 2016, it launched Veeam Backup ''for Microsoft Office 365'', for backing up

Office 365 Microsoft 365 is a product family of productivity software, collaboration and cloud-based services owned by Microsoft. It encompasses online services such as Outlook.com, OneDrive, Microsoft Teams, programs formerly marketed under the name ...

Exchange servers, and Veeam Availability Orchestrator, a multi-hypervisor disaster recovery orchestration software with documenting, testing and reporting capabilities. 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, 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. 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.

Acquisitions

In 2008, the company acquired nworks to further integrate VMware management with

Microsoft Microsoft Corporation is an American multinational corporation, multinational technology company, technology corporation producing Software, computer software, consumer electronics, personal computers, and related services headquartered at th ...

and Hewlett-Packard enterprise system management platforms. This resulted in two new products: * Veeam nworks Management Pack for VMware to directly integrate VMware management into Microsoft

System Center Operations Manager System Center Operations Manager (SCOM) is a cross-platform data center monitoring system for operating systems and hypervisors. It uses a single interface that shows state, health, and performance information of computer systems. It also pro ...

. * Veeam nworks Smart Plug-In for VMware to directly integrate VMware management into

HP OpenView HP OpenView is the former name for a Hewlett-Packard product family that consisted of network and systems management products. In 2007, HP OpenView was rebranded as HP BTO (''Business Technology Optimization'') Software when it became part of the ...

. In 2012, both products were renamed to Veeam Management Pack and Veeam Smart Plug-In, omitting the word "nworks." In 2017, Veeam acquired N2WS, a company providing cloud-native enterprise-grade backup and disaster recovery solutions for Amazon Web Services (AWS). In 2019, Veeam sold N2WS back to its original founders after discussions with the US Government. In 2020, Veeam acquired Kasten, a market leader in backup and disaster recovery solutions for

Kubernetes Kubernetes (, commonly stylized as K8s) is an open-source container orchestration system for automating software deployment, scaling, and management. Google originally designed Kubernetes, but the Cloud Native Computing Foundation now maintai ...

References

External links

* {{Official website, https://www.veeam.com/ Privately held companies of Switzerland Software companies of the United States Software companies of France Software companies of Switzerland Swiss brands Software companies established in 2006