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Veeam Software

Veeam Software
Privately held company
Industry Computer software
Hardware virtualization
Founded 2006
Founder Ratmir Timashev
Andrei Baronov
Headquarters Baar, Switzerland
Area served
Worldwide
Key people
William H. Largent (CEO)
Peter McKay (COO)
Doug Hazelman (VP)
Products Veeam Backup & Replication
Veeam ONE
Veeam Management Pack
Veeam Endpoint Backup
Veeam Agent for Linux
Services Veeam Cloud Connect
Revenue Increase US$0607.4 million (2016)
Number of employees
2000+ (2015)
Website www.veeam.com

Veeam Software is a privately held information technology company that develops backup, disaster recovery and virtualization management software for VMware and Hyper-V virtual environments. The company focuses on products that increase the resistance of virtualized workloads, reduce downtime, and ensure the system availability required by service-level agreements. The company’s headquarters is based in Baar, Switzerland.
The name "Veeam" came from the phonetic pronunciation of the letters ”VM,” as in virtual machine.

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;Dell subsequently acquired Quest.

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. Veeam gained attention in 2007 with its free VM backup copy product, FastSCP 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. Veeam Backup & Replication started supporting Microsoft Hyper-V in 2012.


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