Company’s Profile: Veeam Software
In agentless data protection for VMware servers
This is a Press Release edited by StorageNewsletter.com on January 14, 2011 at 2:59 pmCompany
Veeam Software
(the name comes from VM)
Headquarters
Columbus, Ohio; European HQs in Reading, UK; and APAC HQs in Sydney, Australia; R&D in St. Petersburg, Russia
Founded in
2006 by the team previously behind Aelita Software, in Windows Server management solutions. Initial product free FastSCP tool is used by 120,000 professionals to help manage VMware. In June 2008, the company acquired nworks, created by former people of HP OpenView, adding enterprise management solutions that bridge the gap between VMware and enterprise systems management frameworks from Microsoft and HP.
Financial funding
Self funding
Revenues and profitability
NA but the company is cash flow positive
Main executives
- Ratmir Timashev, founder, president and CEO: founder of Aelita Software in 1997, acquired by Quest Software in 2004
- William H. Largent, CFO: was CEO of Applied Innovation and COO and CFO of Aelita
- George Sidoris, VP WW sales: led direct sales and systems integrator programs for the Federal Government sales team at Quest after being at Aelita Software
- Rick Hoffman, VP channel and alliances: joined Quest through its acquisition of Aelita where he held a similar position
- Carrie Reber, VP WW marketing and Doug Hazelman, senior director, product strategy: also coming from Quest an Aelita
- Daniel Fried, EMEA MD: was at VMware as director, partner Sales, Southern EMEA.
Number of employees
Approximately 350
Technology
Concerning its current flasgship product, Backup & Replication, that includes five pending patents, it provides agentless image-based backup and replication, and near-CDP for ESX and ESXi hosts that includes five pending patents.
It lets recover an entire VM or an individual object from any application or file system – all from the same image-level backup. There is also the possibility to verify the recoverability of each backup. The transfers on NAS or SAN are based on blocks with de-dupe (1:3 to 1:6 ratio in average) and compression (adds 25%) but the backup is done in proprietary format – not native one -.
Main functionalities are:
- Instant VM Recovery: to restore a virtual machine from a backup file in minutes.
- U-AIR (Universal Application-Item Recovery): to recover individual items from any virtualized application, on any OS, without additional backups, agents or software tools.
- SureBackup Recovery Verification: to verify the recoverability of every backup of a virtual machine.
- On-Demand Sandbox: to create test VMs from any point in time to troubleshoot problems or test workarounds, software patches, or new application code.
- Instant File-Level Recovery for any OS or file system: to recover a VM or an individual file from the same image-level backup.
Price range
€600 per CPU for standard edition, €900 for enterprise edition of Veeam Backup & Replication
Roadmap
Software for Microsoft Hyper-V and also adapted to desktops
Technology partners
Dell, EMC/DatacDomain, EMC/VMware, HP, Intel, Microsoft, Netex, Netgear, Quantum, StarWind, TwinStrata
Distribution
Indirect only, by wholesalers and VARs
Number of customers
Around 15,000 for all its software
Competitors
Include Acronis, Ardeao Logic, Arkeia, Quest/BakBone, EMC/VMware, IBM, STORserver, Symantec, Vizioncore
Comments
44% of respondents indicated that concerns around backup and recovery
prevented them from virtualizing certain mission-critical workloads,
according to a survey in USA and Europe from Vanson Bourne for Veeam.
Furthermore, CIOs highlighted several shortcomings of using traditional
tools for virtual machine backup of which the top three included high
costs (51%), slow recovery (40%), and the need to install an agent
(40%).
Veeam has here a product to answer with its recent Veeam Backup &
Replication v5 with fast recovery, without agent - that's very rare -, and
at a simple pricing per CPU (not like Symantec).
There are very good software specialists in Russia, mainly in security
but also here in virtualization. At the beginning, Veeam got a lot of
success with free software FastSCP to copy files from ESX to Windows,
Windows to ESX, or directly ESX to ESX.
Veeam, with all its R&D in this country, is currently on one of the
hottest storage market: the backup of virtualization infrastructure, with
competitors but with a dedicated innovative solution.
Being profitable, it could be acquired for a good price or try an IPO in two to three years.
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