Veeam Surpasses $1 Billion in Bookings As It Accelerates Cloud Data Management Leadership

Unequivocal Cloud Data Management leader becomes the next
billion-dollar software company, surpasses 350,000 customers and
outlines how it will begin the next stage of its growth by harnessing
the power of its partnerships

MIAMI–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/availability?src=hash” target=”_blank”gt;#availabilitylt;/agt;–VeeamON– Veeam® Software,
the leader in Backup solutions that deliver Cloud Data Management™,
today announced that it has exceeded $1 billion in annual bookings,
joining an elite group of software companies to achieve this milestone.
On its journey to the billion-dollar mark, Veeam has also surpassed
350,000 customers, adding new customers at a rate of more than 4,000
each month, illustrating the success of the first act in its evolution.
At VeeamON 2019 in Miami,
Veeam is unveiling how it will accelerate its leadership in Cloud Data
Management and begin the next stage of its success story.

“Veeam created the VMware backup market and has dominated it as the
leader for the last decade. This was Veeam’s Act I and I am delighted
that we have surpassed the $1 billion mark; in
2013 I predicted
we’d achieve this in less than six years and we
have,” said Ratmir Timashev, Co-Founder and EVP Sales & Marketing at
Veeam. “However, the market is now changing. Backup is still critical,
but customers are now building hybrid clouds with AWS, Azure, IBM and
Google, and they need more than just backup. To succeed in this changing
environment, Veeam has had to adapt. Veeam, with its 60,000+ channel and
service provider partners and the broadest ecosystem of technology
partners, including Cisco, HPE, NetApp, Nutanix and Pure Storage, is
best positioned to dominate the new Cloud Data Management in our Act II.
Our vision and strategy for the hybrid cloud will see us deliver the
kind of success others can only dream of.”

For more than a decade, Veeam has been the leading provider of backup,
recovery and replication solutions. Initially focused on server
virtualization for VMware environments, in recent years, Veeam has
expanded on this core offering, delivering integration with multiple
hypervisors, physical servers and endpoints, along with public and
SaaS-based (Software as a Service) workloads, while partnering with
leading cloud, storage, server, HCI and application vendors to provide
the most robust Cloud Data Management platform on the market.

Veeam’s partner-centric strategy and ability to adapt to the market has
been the cornerstone of its success and is the foundation for Act II. In
January, Veeam launched Veeam
Availability Suite™ 9.5 Update 4
, delivering new major capabilities
that provide easy cloud migration and cloud mobility, cloud-native
backup, cost-effective data retention, and portable cloud-ready
licensing, increased security and data governance, and solutions to make
it easier than ever for service providers to deliver Veeam-powered
services to market. Today, the company also announced the new with
Veeam
TM program, which sees Veeam partnering with
premier enterprise storage and hyperconverged (HCI) vendors to provide
customers with comprehensive secondary storage solutions that combine
Veeam software with industry-leading storage and HCI infrastructure
hardware and management stacks. Solutions have already been announced
with ExaGrid and Nutanix.

“From day one, we have focused on partnerships to deliver customer
value. Working with our storage and cloud partners, we are delivering
choice, flexibility and value to customers of all sizes. The new with
Veeam
program epitomizes this approach, and this strategy will help
us extend our leadership even further,” added Timashev.

The company’s ability to continually change and adapt to the market,
understand its audience, innovate at pace and analyze how industry
inflection points affect customers has seen it become the unequivocal
leader in Cloud Data Management — a market that will be worth more than
$15B by 20201.

For more information, please visit https://www.veeam.com.

About Veeam Software

Veeam is the leader in backup solutions that deliver Cloud Data
Management. Veeam Availability Platform™ is the most complete backup
solution for helping customers on the journey to achieving success in
the 5 Stages of Cloud Data Management. Veeam has 350,000+
customers worldwide, including 82% of the Fortune 500 and 67% of the
Global 2,000, with customer satisfaction scores at 3.5x the industry
average, the highest in the industry. Veeam’s global ecosystem includes
64,000 channel partners; Cisco, HPE, NetApp and Lenovo as exclusive
resellers; and 22,500+ cloud and service providers. Headquartered in
Baar, Switzerland, Veeam has offices in more than 30 countries. To learn
more, visit https://www.veeam.com or
follow Veeam on Twitter @veeam.

1Source: Gartner, IDC and Veeam internal estimates

Contacts

Veeam Software Director, Global Public Relations
Heidi Monroe
Kroft, 614-339-8200 x8309

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