Veeam Software, innovative provider of backup, replication and virtualisation management solutions for VMware vSphere and Microsoft Hyper-V, announced record results for the second quarter of 2013 (Q2 13), continuing its history of accelerated growth of sales, partners and employees based on its Modern Data Protection solutions.
Total bookings revenue increased 100% in Q2 13 compared to the same period in 2012, and new license bookings revenue grew 96% over the same period. Veeam is also reporting 299% growth in Veeam Backup &
Replication for Microsoft Hyper-V business in the second quarter of 2013 compared to the same period in 2012.
“The anticipation of the new Veeam Backup & Replication v7 combined with the acceleration of our backup and replication for Hyper-V business has produced the best quarter in Veeam’s six year history,” says Ratmir Timashev, CEO of Veeam.
“The combined growth of our customers, partners and employees has made the addition of Peter Ruchatz as chief marketing officer a much needed appointment. His proven record in developing successful global technology product marketing and branding programmes that scale will be an invaluable asset as we continue to gain worldwide market share in modern data protection.”
Ruchatz joins Veeam from Salesforce.com where he was vice president marketing, EMEA central region. Previously, he spent seven years at Microsoft in field and product-marketing roles, first as business group lead in Germany, followed by five years spearheading business applications marketing for North America, then as global product-marketing lead over go-to-market programs, compete and pricing.
Earlier in his career, Ruchatz spent five years at The Boston Consulting group leading strategy and operational efficiency programs for clients in the technology sector.
Veeam also announced Insight Venture Partners as a new strategic business partner, and as part of this relationship, Insight acquired a minority share. As one of the most respected VC and private equity firms in the systems management, virtualisation and security industries, Insight will use its expertise to guide Veeam in identifying and exploiting new growth opportunities in the next several years.
As part of the agreement, Insight MD, Michael Triplett, will join Veeam’s board of directors. Triplett has been instrumental in investments in more than 20 fast growth companies.
“Veeam’s growth trajectory really garnered our attention,” said Triplett. “Our successful history of working with Timashev and his team at Aelita makes this an exciting business partnership. We’re looking forward to helping Veeam scale and expand globally to achieve prominent goals in both market share and revenue.”
Veeam received a number of prestigious industry honors during Q2 13, including the following:
* Positioned by Gartner in the “Visionaries” quadrant of the Magic Quadrant for Enterprise Backup/Recovery Software;
* Named Best of TechEd 2013 in the Backup and Recovery category. The Best of TechEd awards, co-sponsored by Microsoft and Windows IT Pro, recognise Microsoft partners that offer innovative products and services for the industry;
* HP AllianceOne Partner of the Year Award for Converged Storage at HP Discover in Las Vegas; and
* Silver in the 2013 “Rising Star” Award at the European GTDC Summit in Barcelona. The Global Technology Distribution Council represents all the leading IT distributors from all over the world.