January 24, 2017 12:12 AM ET

Software

Company Overview of Veeam Software, Inc.

Company Overview

Veeam Software, Inc. develops software solutions for virtualization management and data protection for VMware vSphere and Microsoft Hyper-V. It offers Veeam Management Suite, a set of solutions for VMware backup and management for VMware deployments; Veeam ONE, a VMware monitoring, capacity planning, change management, reporting, and chargeback solution; and Veeam Reporter, an enterprise reporting, change management, and capacity planning solution for virtual infrastructure. The company also provides nworks Management Pack for VMware, a solution that provides VMware infrastructure monitoring and management directly in Microsoft System Center; nworks Smart Plug-in for VMware, a VMware monitor...

8800 Lyra Drive

Suite 350

Columbus, OH 43240

United States

Founded in 2007

Phone:

678-353-2140

Fax:

614-675-9494

Key Executives for Veeam Software, Inc.

Chief Executive Officer and Director
Age: 60
President, Chief Operating Officer and Director
Co-Founder and Director
Age: 49
Co-Founder and Director
Chief Financial Officer
Age: 50
Compensation as of Fiscal Year 2016.

Veeam Software, Inc. Key Developments

Veeam Software Announces Revenue Results for the Full Year 2016

Veeam Software announced revenue results for the full year 2016. The company reported 28% year-on-year growth and $607.4 million in total revenue bookings, fueled by accelerated enterprise and cloud revenues which were driven by the critical need for enterprises of all sizes to ensure they are available 24.7.365 in the Hybrid Cloud world.

Veeam Software Succeeds Against Symantec’s Infringement Challenge

Veeam Software announced that the patent infringement cases Symantec brought against the company more than four years ago are finally over with the federal district court’s dismissal with prejudice of the consolidated legal actions. The Court and the United States Patent and Trademark Office (USPTO) have vindicated Veeam’s innovative approach to delivering Availability solutions for the Always-On Enterprise, demonstrating that vendors seeking to prolong the longevity of legacy technologies cannot suppress innovation and crush the innovative approaches of disruptive providers with unsubstantiated legal claims. Veeam has triumphed after a four-year dispute initiated by Symantec because Symantec’s legacy physical backup products could not compete with Veeam's innovative approach to delivering Availability solutions for the Always-On Enterprise. Industry giant Symantec, concerned about Veeam's increasing success, initiated two separate lawsuits in the U.S. District Court in the Northern District of California - the first lawsuit filed in February, 2012, with the second filed in October, 2012 - claiming that Veeam’s products infringed several of Symantec's data storage, restore and backup patents. With these decisions, all of the patent claims Symantec asserted against Veeam have been found either invalid by the USPTO or dropped from the lawsuits with prejudice by Symantec. With the recent Federal Circuit decision affirming the USPTO’s decision that the asserted claims on the last remaining Symantec patent were not patentable, its efforts to remove Veeam as a competitor effectively came to an end. In all, the USPTO found as unpatentable the asserted claims of seven Symantec Patents: U.S. Patent Nos. 7,831,861; 7,024,527; 8,117,168, 7,480,822, 7,093,086; 6,931,558; and 7,191,299. The U.S. District Court for the Northern District of California has now dismissed all eight asserted patents with prejudice.

Centre for Addiction and Mental Health Deploy's Veeam to Ensure 24.7.365 Availability of the Critical Applications and Data Used by Physicians and Staff

Veeam Software announced that Toronto’s Centre for Addiction and Mental Health has deployed Veeam to ensure 24.7.365 Availability of the critical applications and data used by physicians and staff to deliver the right care at the right time in the right place. Slow, unreliable recovery of their Microsoft Hyper-V virtual machines (VMs) made CAMH vulnerable to downtime and data loss. This also complicated critical business processes such as upgrading Microsoft SharePoint, used to document staff training, scheduling and procedures. Additionally, CAMH data was increasing by up to 25% each year, primarily in SharePoint and public-facing web sites that patients and families rely on for vital resources such as emergency treatment information. To eliminate these vulnerabilities, CAMH needed a solution that would guarantee 24.7.365 Availability and was highly scalable.

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