Veeam

Veeam Software is a privately held information technology company that develops backup, disaster recovery and intelligent data management software for virtual, physical and multi-cloud infrastructures.[3][4] The company’s headquarters are in Baar, Switzerland.[5]

Veeam Software Group GmbH
Privately held company
IndustrySoftware industry
Founded2006
FoundersRatmir Timashev
Andrei Baronov
Headquarters
Baar
,
Switzerland
Area served
Worldwide
Key people
William H. Largent, CEO
Revenue US$0963 million[1] (2018)
Number of employees
4,300[2] (2020)
Websitewww.veeam.com

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

History

Ratmir Timashev and Andrei Baronov founded Veeam in 2006. Timashev and Baronov had sold their previous IT management software company, Aelita Software Corporation, to Quest Software in 2004;[6][7] Dell subsequently acquired Quest Software in 2012.[8] In June 2016, Dell announced the sale of its software division, which included Quest, to Francisco Partners and Elliott Management Corporation.[9]

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.[10] Veeam gained attention in 2007 with its free VM backup copy product, FastSCP[11], which became a basis for building Veeam's data-protection software for hardware virtualization.

In 2014, Veeam held its first conference on data protection and availability called "VeeamON," which took place in Las Vegas, Nevada.[12]

In 2016, Veeam appointed Peter C. McKay, prior Senior Vice President and General Manager, Americas with VMware, as President/COO.[13] 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.[14]

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.

On January 9, 2020, Insight Partners announced that they would purchase Veeam in a $5 billion deal and move the company to the US.[15]

Software

In 2008, with 10 employees, the company released Veeam Backup & Replication, a tool that provided VMware vSphere VMs with incremental backups and image-based replication, with built-in data deduplication and compression.[16] Veeam Backup & Replication started supporting Microsoft Hyper-V in 2012.[17]

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.[18] In the same year, it released Veeam FastSCP for Microsoft Azure, a tool for copying files between on-premises and Microsoft Azure VMs.[19]

In 2016, it launched Veeam Backup for Microsoft Office 365, for backing up Office 365 Exchange servers,[20] and Veeam Availability Orchestrator, a multi-hypervisor disaster recovery orchestration software with documenting, testing and reporting capabilities.[21]

In 2017, it introduced three new products: Veeam Agent for Microsoft Windows and Veeam Agent for Linux — for physical workload data protection with various backup/restore scenarios including cloud,[22] 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.[23]

Acquisitions

In 2008, the company acquired nworks to further integrate VMware management with Microsoft and Hewlett-Packard enterprise system management platforms.[24]

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."

In 2017, Veeam acquired N2WS, a company providing cloud-native enterprise-grade backup and disaster recovery solutions for Amazon Web Services (AWS).[25]

gollark: I don't even have a soldering iron, so probably not.
gollark: Though the USB-C port, which is also degraded a bit, probably can't be replaced without... very tricky soldering?
gollark: I see. Well, if I can obtain batteries and stuff, that's cheaper than buying a new one.
gollark: I don't even have screwdrivers for the weird tiny... hexagram... screws it uses.
gollark: Replacement screens are something like £20 for my phone on ebay, but I have no idea how to actually install them...

References
  1. StorageNewsletter (January 10, 2018). "$963 Million in 2018 Total Bookings for Veeam". StorageNewsletter.com. Retrieved January 10, 2018.
  2. "Veeam Company profile". Craft. Retrieved 26 September 2019.
  3. Mellor, Chris (23 May 2013). "Backup bods Veeam quietly gobbling up ever-greater market share". The Register.
  4. Rogers, Bruce (7 January 2014). "Is Veeam The Next $Billion Virtualization and Cloud Software Company?". Forbes.
  5. "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.
  6. Sramana Mitra (August 22, 2014). "Unicorn in the Making: Veeam CEO Ratmir Timashev". One Million by One Million. Retrieved November 22, 2015.
  7. "Aelita buyout closes". Columbus Business First. 18 March 2004.
  8. RUSLI, EVELYN M. (2 July 2012). "Dell Acquires Quest". The New York Times.
  9. Miller, Ron. "Confirmed: Dell sells software division to Francisco Partners and Elliott Management". TechCrunch. Retrieved 2017-12-19.
  10. "Release: Veeam ONE 1.0". Virtualization.info. September 7, 2010. Retrieved November 16, 2015.
  11. Dubie, Denise (5 September 2007). "Veeam takes on virtual management". Network World. Archived from the original on 1 November 2008. Retrieved 11 January 2015.
  12. Buffington, Jason (6 October 2014). "Could VeeamON be the next MMS?". Enterprise Strategy Group.
  13. "Veeam Appoints New President And CEO | StorageReview.com - Storage Reviews". www.storagereview.com. 2016-06-28. Retrieved 2018-05-14.
  14. "Co-CEO Peter McKay Leaving Veeam in Executive Restructuring". 2018-10-30.
  15. 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.
  16. "Release: Veeam Backup 1.0". Virtualization.info. March 3, 2008. Retrieved November 16, 2015.
  17. Sander Martijn (December 1, 2011). "Veeam Backup & Replication v6 released". VMGuru. Retrieved November 16, 2015.
  18. Mellor, Chris (15 June 2015). "Veeam-ing all the way to the bank: No IPO for these VM replicants". The Register.
  19. Adam Armstrong (6 May 2015). "Veeam Introduces FastSCP For Azure & Management Pack v8 For System Center". StorageReview.
  20. "With Microsoft Office 365 backup, Veeam breaks into new market". Searchdatabackup Techtarget. 10 November 2016.
  21. "What is Veeam Availability Orchestrator? | ESX Virtualization". ESX Virtualization. 2018-03-02. Retrieved 2018-05-14.
  22. "Touching the physical world: Veeam Agents for Windows & Linux". Running System. 3 March 2017.
  23. "Veeam Availability Console offers multi-tenant environment management". TechGenix. 2017-12-14. Retrieved 2018-05-14.
  24. Dubie, Denise (24 June 2008). "Virtual server management marriage: Veeam acquires Nworks". Network World. Archived from the original on 20 March 2009. Retrieved 11 January 2015.
  25. "Veeam acquisition of N2WS enhances cloud protection". SearchDataBackup. Retrieved 2018-05-14.
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