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Veeam

December 15, 2023

Veeam Software was co-founded by Ratmir Timashev and Andrei Baronov (Russian entrepreneurs) [4] and is now a privately held US-based information technology company owned by Insight Partners that develops backup, disaster recovery and modern data protection software for virtual, cloud-native, SaaS, Kubernetes and physical workloads.[5][6][7] 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 2H'22. The company headquarters is in Columbus, Ohio, United States.[1][8][9][10][11]

Veeam Software Group
TypePrivately held company
IndustrySoftware industry
Founded2006
FoundersRatmir Timashev
Andrei Baronov
Headquarters
(global)
Columbus, Ohio, United States (corporate)[1]
Area served
Worldwide
Key people
Anand Eswaran, CEO
Revenue $1 billion (2019)[2]
Number of employees
4,300[3] (2020)
Websitewww.veeam.com

The name "Veeam" came from the phonetic pronunciation of the letters "VM" — virtual machine.[12][13]

History edit

Ratmir Timashev and Andrei Baronov met in the United States while attending Ohio State University and eventually founded Veeam in 2006. They opened first Veeam office in Saint-Petersburg, Russia which was main R&D facility of Veeam for a long time.Timashev and Baronov had sold their previous IT management software company, Aelita Software Corporation, to Quest Software in 2004;[14][15][16] Dell subsequently acquired Quest Software in 2012.[17][18] In June 2016, Dell announced the sale of its software division, which included Quest, to Francisco Partners and Elliott Management Corporation.[19]

The first Veeam products, Veeam Monitor and Veeam Reporter, provided virtual-infrastructure monitoring, reporting, analysis and documentation. In 2010, the company combined both products to form Veeam ONE.[20][21] Veeam gained attention in 2007 with its free VM backup copy product, FastSCP,[22][23] which became a basis for building Veeam's data-protection software for hardware virtualization.[24]

In 2014, Veeam held its first conference on data protection and availability called "VeeamON," which took place in Las Vegas, Nevada.[25]

In 2016, Veeam appointed Peter C. McKay, prior senior vice president and general manager, Americas with VMware, as president and COO.[26][27][28] In 2017, Peter McKay and Andrei Baronov were promoted to the company's co-CEO roles. In late 2018, Baronov was promoted to CEO.[29]

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.[30][31][32]

On 22 July 2020, it was reported that Gartner, Inc. had placed Veeam Software in the 2020 Magic Quadrant for Data Center Backup and Recovery Solutions Leaders.[33][34]

In 2020, Veeam appointed Bill Largent, prior chairman of the board, as CEO and chairman.[35][36]

In 2021, Veeam appointed Anand Eswaran as CEO and a member of the company's Board of Directors.[31][37]

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.[38][39] The company's largest R&D center is in Prague, Czechia.[40][41][42]

Software edit

In 2008, with 10 employees, the company released Veeam Backup & Replication,[43] a tool that provided VMware vSphere VMs with incremental backups and image-based replication, with built-in data deduplication and compression.[44][45] Veeam Backup & Replication started supporting Microsoft Hyper-V in 2012.[46][47]

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.[48][49] In the same year, it released Veeam FastSCP for Microsoft Azure, a tool for copying files between on-premises and Microsoft Azure VMs.[50][51]

In 2016, it launched Veeam Backup for Microsoft Office 365, for backing up Office 365 Exchange servers,[52][53][54][55] and Veeam Availability Orchestrator, a multi-hypervisor disaster recovery orchestration software with documenting, testing and reporting capabilities.[56][57][58]

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,[59][60][61] 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.[62][63]

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.[43][64][65]

Acquisitions edit

In 2008, the company acquired nworks to further integrate VMware management with Microsoft and Hewlett-Packard enterprise system management platforms.[66][67][68]

This resulted in two new products:[66]

  • 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."[69]

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.[70][71] In 2019, Veeam sold N2WS back to its original founders after discussions with the US Government.[72][73]

In 2020, Veeam acquired Kasten, a market leader in backup and disaster recovery solutions for Kubernetes.[74][75][76]

References edit

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  76. ^ "Veeam". www.kasten.io. Retrieved 2023-03-17.

External links edit

 
Wikimedia Commons has media related to Veeam Software.
  • Official website

December 15, 2023
veeam, software, founded, ratmir, timashev, andrei, baronov, russian, entrepreneurs, privately, held, based, information, technology, company, owned, insight, partners, that, develops, backup, disaster, recovery, modern, data, protection, software, virtual, cl. Veeam Software was co founded by Ratmir Timashev and Andrei Baronov Russian entrepreneurs 4 and is now a privately held US based information technology company owned by Insight Partners that develops backup disaster recovery and modern data protection software for virtual cloud native SaaS Kubernetes and physical workloads 5 6 7 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 2H 22 The company headquarters is in Columbus Ohio United States 1 8 9 10 11 Veeam Software GroupTypePrivately held companyIndustrySoftware industryFounded2006FoundersRatmir Timashev Andrei BaronovHeadquarters global Columbus Ohio United States corporate 1 Area servedWorldwideKey peopleAnand Eswaran CEORevenue 1 billion 2019 2 Number of employees4 300 3 2020 Websitewww wbr veeam wbr comThe name Veeam came from the phonetic pronunciation of the letters VM virtual machine 12 13 Contents 1 History 2 Software 3 Acquisitions 4 References 5 External linksHistory editRatmir Timashev and Andrei Baronov met in the United States while attending Ohio State University and eventually founded Veeam in 2006 They opened first Veeam office in Saint Petersburg Russia which was main R amp D facility of Veeam for a long time Timashev and Baronov had sold their previous IT management software company Aelita Software Corporation to Quest Software in 2004 14 15 16 Dell subsequently acquired Quest Software in 2012 17 18 In June 2016 Dell announced the sale of its software division which included Quest to Francisco Partners and Elliott Management Corporation 19 The first Veeam products Veeam Monitor and Veeam Reporter provided virtual infrastructure monitoring reporting analysis and documentation In 2010 the company combined both products to form Veeam ONE 20 21 Veeam gained attention in 2007 with its free VM backup copy product FastSCP 22 23 which became a basis for building Veeam s data protection software for hardware virtualization 24 In 2014 Veeam held its first conference on data protection and availability called VeeamON which took place in Las Vegas Nevada 25 In 2016 Veeam appointed Peter C McKay prior senior vice president and general manager Americas with VMware as president and COO 26 27 28 In 2017 Peter McKay and Andrei Baronov were promoted to the company s co CEO roles In late 2018 Baronov was promoted to CEO 29 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 30 31 32 On 22 July 2020 it was reported that Gartner Inc had placed Veeam Software in the 2020 Magic Quadrant for Data Center Backup and Recovery Solutions Leaders 33 34 In 2020 Veeam appointed Bill Largent prior chairman of the board as CEO and chairman 35 36 In 2021 Veeam appointed Anand Eswaran as CEO and a member of the company s Board of Directors 31 37 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 38 39 The company s largest R amp D center is in Prague Czechia 40 41 42 Software editIn 2008 with 10 employees the company released Veeam Backup amp Replication 43 a tool that provided VMware vSphere VMs with incremental backups and image based replication with built in data deduplication and compression 44 45 Veeam Backup amp Replication started supporting Microsoft Hyper V in 2012 46 47 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 amp Replication 48 49 In the same year it released Veeam FastSCP for Microsoft Azure a tool for copying files between on premises and Microsoft Azure VMs 50 51 In 2016 it launched Veeam Backup for Microsoft Office 365 for backing up Office 365 Exchange servers 52 53 54 55 and Veeam Availability Orchestrator a multi hypervisor disaster recovery orchestration software with documenting testing and reporting capabilities 56 57 58 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 59 60 61 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 62 63 In 2020 Veeam announced 16 major releases This includes Veeam Backup amp 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 43 64 65 Acquisitions editIn 2008 the company acquired nworks to further integrate VMware management with Microsoft and Hewlett Packard enterprise system management platforms 66 67 68 This resulted in two new products 66 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 OpenViewIn 2012 both products were renamed to Veeam Management Pack and Veeam Smart Plug In omitting the word nworks 69 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 amp D team works in collaboration followed by the acquisition of N2WS by Veeam 70 71 In 2019 Veeam sold N2WS back to its original founders after discussions with the US Government 72 73 In 2020 Veeam acquired Kasten a market leader in backup and disaster recovery solutions for Kubernetes 74 75 76 References edit a b Ghosh Carrie 29 January 2020 Columbus one of two choices for 5B cloud tech company headquarters bizjournals com Retrieved 3 September 2021 Veeam Company Profile Owler Retrieved 3 September 2021 Veeam Company profile Craft Retrieved 26 September 2019 Rogers Bruce Is Veeam The Next Billion Virtualization and Cloud Software Company Forbes Retrieved 2023 06 14 Mellor Chris 23 May 2013 Backup bods Veeam quietly gobbling up ever greater market share The Register Rogers Bruce 7 January 2014 Is Veeam The Next Billion Virtualization and Cloud Software Company Forbes Veeam Software News Releases Veeam Software Retrieved 2023 03 15 Official company registry for Veeam Software AG in Baar Zug Switzerland State of Zug Archived from the original on 2014 11 09 Retrieved 2015 01 08 Company Overview Veeam Global Leader in Data Protection Veeam Software Retrieved 2023 03 15 Veeam Software Announces Strategic Partnership with Carahsoft Technology Corp Yahoo Finance 15 March 2023 Retrieved 2023 03 17 Veeam Software Announces Strategic Partnership with Carahsoft Technology Corp Carahsoft www carahsoft com Retrieved 2023 03 17 What s the meaning of veeam Veeam R amp D forums Veeam 2015 08 17 Retrieved 2021 03 17 V E E A M What does it mean where it stands for Veeam Community Resource Hub community veeam com 29 June 2021 Retrieved 2023 03 17 Sramana Mitra August 22 2014 Unicorn in the Making Veeam CEO Ratmir Timashev One Million by One Million Retrieved November 22 2015 Aelita buyout closes Columbus Business First 18 March 2004 Goins Tony Jan 29 2004 Aelita Software to be acquired by Quest Software bizjournals Retrieved March 17 2023 Rusli Evelyn M 2 July 2012 Dell Acquires Quest The New York Times Dell to buy Quest Software for 2 4 billion Reuters 2012 07 02 Retrieved 2023 03 17 Miller Ron Confirmed Dell sells software division to Francisco Partners and Elliott Management TechCrunch Retrieved 2017 12 19 Release Veeam ONE 1 0 Virtualization info September 7 2010 Retrieved November 16 2015 Veeam announces Veeam ONE for VMware a single solution for VMware management Veeam Software Retrieved 2023 03 17 David Davis 27 January 2009 The top 10 free VMware tools of 2008 Tech Target Retrieved 5 May 2021 Veeam paganresearch io Retrieved 2023 03 17 Veeam Backup and Replication An evaluation SearchVMware Retrieved 2021 05 05 Buffington Jason 6 October 2014 Could VeeamON be the next MMS Enterprise Strategy Group Veeam Appoints New President And CEO StorageReview com Storage Reviews www storagereview com 2016 06 28 Retrieved 2018 05 14 VERIZON EMEA MARKETING HEAD MADELIN BECOMES RELIANCEACSN CEO PDF Retrieved 17 March 2023 Veeam Appoints Peter McKay as President and COO Promotes William Largent to CEO Veeam Software Retrieved 2023 03 17 Co CEO Peter McKay Leaving Veeam in Executive Restructuring 2018 10 30 Cai Kenrick Insight Partners Says It Will Buy Cloud Company Veeam In 5 Billion Deal Move Headquarters To U S Forbes Retrieved 2020 01 09 a b Veeam Appoints Anand Eswaran as Chief Executive Officer Veeam Software 2022 05 17 Retrieved 2023 03 15 Partners Insight Insight Partners to Acquire Swiss Cloud Data Management Leader Veeam in a Transaction Valued at Approximately US 5 Billion www prnewswire com Press release Retrieved 2023 03 17 Veeam Named a Leader and Positioned Highest in Ability to Execute in the Gartner 2020 Magic Quadrant for Data Center Backup and Recovery Solutions businesswire 22 July 2020 Retrieved 18 August 2020 Peer Insights Gartner What is Enterprise Backup and Recovery Software Solutions Insight Partners to Acquire Swiss Cloud Data Management Leader Veeam in a Transaction Valued at Approximately US 5 Billion Veeam Software 2020 01 09 Retrieved 2021 05 03 Veeam Software announces another quarter of double digit growth Channel Post MEA 2020 11 15 Retrieved 2023 03 17 Veeam appoints Anand Eswaran as Chief Executive Officer internationalsecurityjournal com 2021 12 20 Retrieved 2023 03 17 Veeam Software contacts Veeam Software Retrieved 2021 05 05 Veeam paganresearch io Retrieved 2023 03 17 Veeam Invests 150 Million to Expand its Main R amp D Center Creating 500 New Jobs in Czech Republic Veeam Software Retrieved 2023 03 15 Career at Veeam Software Czech Republic Veeam Software Retrieved 2023 03 17 Desk EC News 2018 07 05 Veeam expands presence in EMEA with new R amp D centre Enterprise Channels MEA Retrieved 2023 03 17 a b What does VEEAM stand for Veeam History Cloud Whales 2022 06 27 Retrieved 2023 03 17 Release Veeam Backup 1 0 Virtualization info March 3 2008 Retrieved November 16 2015 express de software Veeam Backup amp Replication 12 Release Notes PDF Sander Martijn December 1 2011 Veeam Backup amp Replication v6 released VMGuru Retrieved November 16 2015 Veeam Announces Support for Windows Server 2012 Hyper V Veeam Software Retrieved 2023 03 17 Mellor Chris 15 June 2015 Veeam ing all the way to the bank No IPO for these VM replicants The Register Veeam Backup and Replication System Requirements Veeam Software Retrieved 2023 03 17 Adam Armstrong 6 May 2015 Veeam Introduces FastSCP For Azure amp Management Pack v8 For System Center StorageReview Software Trends resources softwaretrends com Retrieved 2023 03 17 With Microsoft Office 365 backup Veeam breaks into new market Searchdatabackup Techtarget 10 November 2016 Software Veeam 2019 Veeam Backup for Microsoft Office 365 PDF Veeam Business Services Orange 2020 Flexible Engine Veeam Backup for Microsoft Office 365 deployment guide a href Template Cite book html title Template Cite book cite book a last has generic name help Backup Office 365 data with Veeam Backup for Microsoft 365 Veeam Software Retrieved 2023 03 17 What is Veeam Availability Orchestrator ESX Virtualization ESX Virtualization 2018 03 02 Retrieved 2018 05 14 Software Veeam 2020 Veeam Availability Orchestrator Veeam Veeam Availability Orchestrator VMBackupWorks com www vmbackupworks com Retrieved 2023 03 17 Touching the physical world Veeam Agents for Windows amp Linux Running System 3 March 2017 Compare Veeam Agent for Linux vs Veeam Agent for Microsoft Windows www peerspot com Retrieved 2023 03 17 Martin Ronn 2017 Veeam Agents for Microsoft Windows and Linux on IBM Cloud Veeam Veeam Availability Console offers multi tenant environment management TechGenix 2017 12 14 Retrieved 2018 05 14 NEW Veeam Availability Console 1 Cloud Backup and DRaaS for Service Providers Veeam Software Official Blog 2017 11 14 Retrieved 2023 03 17 Veeam Reports 22 Growth in 2020 as Demand for Modern Data Protection Increases from Businesses of All Sizes Bloomberg com 2021 02 10 Retrieved 2023 03 17 Veeam Reports 22 Growth in 2020 as Demand for Modern Data Protection Increases from Businesses of All Sizes Veeam Software 2022 05 17 Retrieved 2023 03 17 a b Dubie Denise June 24 2008 Virtual server management marriage Veeam acquires Nworks Network World IDG Communications Retrieved March 3 2021 Katarina BCC Services Veeam BCC services Retrieved 2023 03 17 Veeam Software Acquires nworks Veeam Software Retrieved 2023 03 17 Software SEP 2016 How to Sell SEP sesam against Veeam Benefits of SEP sesam vs Veeam PDF Veeam acquisition of N2WS enhances cloud protection TechTarget 16 January 2018 Retrieved 2018 05 14 N2WS Veeam ABOUT N2WS BACKUP amp RECOVERY PDF a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link Veeam cloud backup sells back N2WS adding AWS and Azure products TechTarget 1 November 2019 Kovar Joseph F 2019 10 21 Veeam Sells Its N2WS Business Due To Government Concerns CRN Retrieved 2023 03 17 Adshead Antony 6 October 2020 Veeam buys Kasten to get a boost in Kubernetes backup computerweekly com Veeam Acquires Kasten to Accelerate Protection of Kubernetes Native Workloads On Premises and Across Multi Cloud Environments Veeam Software 2021 10 22 Retrieved 2023 03 17 Veeam www kasten io Retrieved 2023 03 17 External links edit nbsp Wikimedia Commons has media related to Veeam Software Official website Retrieved from https en wikipedia org w index php title Veeam amp oldid 1184950544, wikipedia, wiki, book, books, library,

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