In the world of data management, protection and security, it's never one-size-fits-all. Every company has a unique set of issues that need securitization. Data sets are like snowflakes. Many companies see their data security needs grow and morph as they progress into the future, constantly needing updated data protection systems to cope with the ever-advancing tide. As the world's technology becomes more intricate and continues to get smarter, new data safety, storage, and management needs arise, and shifting protection needs are an inevitability for most companies across any vertical.
Data is the lifeblood of any company and its accessibility can make or break a company's productivity, creative momentum, and bottom line. Yet, data protection and security must team with accessibility when it comes to an organization's data management. These factors working in balanced harmony will only aid in propelling a company forward, safely promoting its agility and innovation.
Data protection requirements continue to evolve, and solutions that offer innovative accessibility and the safeguarding of data information have never been more critical. Full backup and on-demand cloud migration and security tools, data recovery, and other workload management services will always require cutting-edge systems provided by reliable, progressive service vendors.
Veeam, founded in 2006, is an established global leader in Cloud Data Management and modern data protection solutions. Focused on simplifying backups, Veeam has quickly skyrocketed to the top of its industry, claiming leadership when it comes to providing protected data recovery in all environments - virtual, physical, cloud and containers - for enterprises and small businesses alike.
Insight Partners Acquires Veeam
Over a year ago, private equity and venture capital firm Insight Partners acquired 100 percent ownership of Switzerland-headquartered Veeam. With the acquisition, Veeam became a US-owned and US-managed company with an established United States-based leadership team.
Veeam's growth trajectory significantly accelerated following the acquisition in 2020. Veeam continued expanding into new markets with offices in over 35 countries catering to more than 400,000 customers in 160 countries around the world.
Insight Partners, a scaleup investor based in the US and operating out of New York City, purchased Veeam to sustain the company's impressive expansion to date while simultaneously offering capital, operational guidance, and a broad global network to propel Veeam's long-term growth and stability.
Veeam, currently based in Baar, Switzerland, touts a collection of more than 200 industry awards acquired over the last decade. Veeam's growth is unparalleled. The acquisition by Insight Partners enables Veeam to accelerate Act II, its evolution into Hybrid Cloud, expand the company's reach into new markets, while still maintaining its impressive growth trajectory on a global stage.
When Insight Partners acquired Veeam at a value of $5B, it added Veeam to an expansive network of scaleup software companies that work as a network to provide one another a community to foster growth and innovation. Insight Partners network includes companies from a long list of verticals both in the B2B and B2C sectors. Veeam joined companies like Twitter, Shopify, Saks Fifth Avenue, Shutterstock, Qualtrics, and Tumblr to name only a fraction of the entire list.
Veeam not only joined a community of thriving businesses each with unique global intentions, but the data protection pioneer also bolstered its US-based leadership stationed in offices in multiple US cities like Columbus, OH. Veeam also promotes a US-based Board of Directors, which it enhanced in the transition into Insight's care.
Like William Largent, CEO, Chuck Garner, CFO, and other US-based Veeam and Insight Partners leadership, these American executive team heavyweights bring decades of leadership experience. Their strategic operations and organization have streamlined Veeam's business model into more radical growth in only one years' time.
Additionally, Veeam's high customer retention rates, profitability, and market domination made its acquisition by Insight evident and seamlessly successful.
With its single-platform approach, delivering unmatched backup and disaster recovery solutions for 400,000 customers worldwide, including more than 80% of the Fortune 500 and over two-thirds of the Global 2000, Veeam is positioned to continue its domination in the coming years.
The Solutions that Shape a Global Data Powerhouse
As more businesses migrate to Cloud Data Management, Swiss-based Veeam continues to lead the industry and expand worldwide to keep business' data-accessible, data-protected, and data-driven.
Offering a single platform for Cloud, Virtual, SaaS, Kubemetes, and Physical, through unrivaled innovation in its products, the company moves forward, delivering simple, flexible, and reliable solutions.
As a market leader, it is all about agility and competitive advantage. That's why the software vendor has structured products for both enterprise and small businesses.
Its single platform for modern data protection has seen Veeam continually enjoy steady global growth over the last decade. Veeam offers these unique products with competent attributes serving small and large enterprise operations across all environments like Microsoft, AWS, MAC, IBM Cloud, Google Cloud, and many more.
Veeam's customers are always sure of quality services and know that Veeam will offer the right product that perfectly meets their data protection needs. With almost half a million customers worldwide, its product innovation has made it possible to leave each customer satisfied and confident that they are in good hands.
US-owned Veeam's Globally Diverse Customer
With Veeam's current leadership and Board of Directors running the show from their offices in the US, the data protection leader still enjoys an intensely diverse customer base from an expansive global market. Veeam's products have helped customers sustain and even boost their businesses during the COVID-19 pandemic outbreak.
Its customer base spans all verticals including motor industry leaders such as Volkswagen Argentina, movie industry giants, municipalities like Helsingor, also supplying data protection to construction companies, sporting industry leaders such as PUMA, financial and banking companies, the health sector like the Eastern Ontario Health Unit, IT firms, government ministries and many more.
The company's customers give top ratings for products and services, maintaining the industry's highest client retention rate over the last decade. This ability to retain and satisfy their customers makes Veeam a global powerhouse, commanding market dominance among competitors.
Swiss-based and US-managed, with a Powerful Global Influence
A better understanding and experience of the company is only possible by contacting Veeam today. In addition, you can download the free trial for a firsthand experience of Veeam's powerful data solutions available for your business as well as solutions for all your cloud data management needs. Headquartered in Baar, Switzerland since its conception to recently becoming a definitively US-leadership-based and US-owned company in 2020 thanks to Insight Partners, Veeam will never allow itself to stay boxed in by borders. Veeam has always been poised to deliver the best cloud data management solutions to customers from every single corner of the globe and will continue to expand its reach far into the future.
Veeam is the global leader in intelligent data management for the Hyper-Available Enterprise. Founded in 2006, today we have more than 300K customers worldwide, 55K channel partners, Cisco, HPE, and NetApp as exclusive resellers and nearly 19,000 cloud and service providers. Headquartered in Baar, Switzerland, Veeam has offices in more than 30 countries. To learn more, visit https://www.veeam.com or follow Veeam on Twitter @Veeam.
There's a new expectation of today's data - that it moves to a new state of intelligence, able to automatically anticipate need and meet demand, and move securely across multi-cloud infrastructures. Getting there requires a new approach that merges the traditional disciplines of data backup and recovery, data protection, and data security. Moving from policy-based to behavior-based management to make data both intelligent and ultimately, self-governing.
As the leader in Availability across multi-cloud environments and a Forbes Cloud 100 company, Veeam is uniquely positioned to help customers along their journey to Intelligent Data Management. We are trusted by 75% of the Fortune 500 and recognized as a Leader in the 2017 Gartner Magic Quadrant for Data Center Backup and Recovery.