Open main menu

Wikipedia β

Veeam Software is a privately held information technology company that develops backup, disaster recovery and data management software for virtual, physical and cloud-based workloads.[3][4] The company reduces downtime, and ensures the system availability required by service-level agreements. The company’s headquarters is in Baar, Switzerland.[5]
The name "Veeam" came from the phonetic pronunciation of the letters ”VM,” as in virtual machine.

Veeam Software
Privately held company
Industry Software industry
Founded 2006
Founder Ratmir Timashev
Andrei Baronov (Co-CEO, CTO and Co-Founder)
Headquarters Baar, Switzerland
Area served
Key people
Peter McKay (Co-CEO and President)
Revenue Increase US$0827 million[1] (2017)
Number of employees
2000+[2] (2015)



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] On June 2016, Dell announced the sale of their 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 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.[12] Veeam Backup & Replication started supporting Microsoft Hyper-V in 2012.[13]

In 2014 Veeam held its first conference on data protection called "VeeamON", which took place in Las Vegas, Nevada.[14]

In 2015 Veeam extended its product line with a free backup utility for physical endpoints: Veeam Endpoint Backup FREE. This utility supports PCs running 32- and 64-bit versions of Microsoft Windows OS and integrates with Veeam Backup & Replication.[15] In the same year Veeam released Veeam FastSCP for Microsoft Azure, a tool for copying files between on-premises and Microsoft Azure VMs.[16]

In 2016 Veeam launched Veeam Backup for Microsoft Office 365, a software utility for backing up Office 365 Exchange servers. [17] In 2017 Veeam introduced Veeam Agent for Microsoft Windows and Veeam Agent for Linux. Both applications are dedicated to physical workloads data protection with various backup / restore scenarios incl. cloud. [18]

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.


In 2008, Veeam acquired Nworks to further integrate VMware management with Microsoft and Hewlett-Packard enterprise system management platforms.[19]
This resulted in two new products:

  • Veeam nworks Management Pack for VMware allowed users to directly integrate VMware management into Microsoft System Center Operations Manager.
  • Veeam nworks Smart Plug-In for VMware allowed users 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".

Awards and honorsEdit

Ratmir Timashev was named one of the top 25 innovators of 2013 and 2015 by CRN Magazine.[20][21]
Late 2015 Veeam won "Backup and Recovery/Archive Product of the Year" from SVC Awards.[22]
In 2017, Veeam was included for the second consecutive year as one of the “Leaders” in the Gartner Magic Quadrant for Data Center Backup and Recovery Software. [23]


  1. ^ StorageNewsletter (January 10, 2018). "$827 Million in 2017 Total Bookings for Veeam". Retrieved January 10, 2018. 
  2. ^ "22% Y/Y Growth for Veeam in 2015". StorageNewsletter. January 27, 2016. 
  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. 
  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". September 7, 2010. Retrieved November 16, 2015. 
  11. ^ Dubie, Denise (5 September 2007). "Veeam takes on virtual management". Network World. 
  12. ^ "Release: Veeam Backup 1.0". March 3, 2008. Retrieved November 16, 2015. 
  13. ^ Sander Martijn (December 1, 2011). "Veeam Backup & Replication v6 released". VMGuru. Retrieved November 16, 2015. 
  14. ^ Buffington, Jason (6 October 2014). "Could VeeamON be the next MMS?". Enterprise Strategy Group. 
  15. ^ Mellor, Chris (15 June 2015). "Veeam-ing all the way to the bank: No IPO for these VM replicants". The Register. 
  16. ^ Adam Armstrong (6 May 2015). "Veeam Introduces FastSCP For Azure & Management Pack v8 For System Center". StorageReview. 
  17. ^ "With Microsoft Office 365 backup, Veeam breaks into new market". Searchdatabackup Techtarget. 10 November 2016. 
  18. ^ "Touching the physical world: Veeam Agents for Windows & Linux". Running System. 3 March 2017. 
  19. ^ Dubie, Denise (24 June 2008). "Virtual server management marriage: Veeam acquires Nworks". Network World. 
  20. ^ Bent, Kristin (29 October 2013). "The Top 25 Innovators Of 2013". CRN Magazine. 
  21. ^ Kuranda, Sarah (3 August 2015). "The Top 25 Innovators Of 2015". CRN Magazine. 
  22. ^ SVC Awards (15 December 2015). "2015 WINNERS AND RUNNERS-UP". SVC. 
  23. ^ Dave Russell; Pushan Rinnen; Robert Rhame (31 July 2017). "Magic Quadrant for Data Center Backup and Recovery Software". Gartner. 

External linksEdit