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Veeam Goes Voom

A half-dozen years ago virtualization startups were all the rage. It seems that once or twice a week I was meeting with the head of this or that new company. So where are they now? Some are out of business, some are still around in a low-key way and some got sold (Microsoft bought its fair share).

One in particular stood out. One that was utterly aggressive in making its name known. And that name was Veeam.

Many companies have names that don't mean a darn thing -- most names that actually make sense have been taken. At first blush Veeam may seem like nonsense, but it actually indicates VM. It took me a while to figure that out.

The company's main aim is storage for virtual environments. The idea is that building backup from scratch for virt is superior to adapting existing products. So far so good for the company founded six years ago.

Veeam last week announced its 50,000th customer. And sales continue to shine, rising 43% this past quarter compared to last year.

There is talk of a public offering at some point, but my guess is there is any number of flush-with-cash vendors that might want to pounce instead. The tools support VMware and Hyper-V but I think companies in either field could be candidates.

Posted by Doug Barney on 10/29/2012 at 1:19 PM


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Reader Comments:

Sat, Sep 21, 2013 Anupama IMHO you've got the right anwres!

IMHO you've got the right anwres!

Mon, Nov 12, 2012

What absolute tripe from the commenter on Oct29. We currently run a Symantec backup product for a fairly large environment. The product is unreliable and years behind Veeam in terms of innovation for virtual environments. But OK, I'll give you the tape argument! If you look at Veeam's portfolio they have some very very large customers using their product...

Tue, Oct 30, 2012 Steve RTP

I chose Veeam and threw out Symantec NetBackup for our virtual environments at my company. We just happen to be a Fortune 50 as well. Last I checked we are the definition of enterprise. I don't agree with the commentor above me at all. If Symantec wasn't stale and innovated like Veeam we would possibly still be a customer. Frankly we love Veeam and their innovation. The product does dedupe and they do integrate with some SAN snapshots now I think too. Just outstanding performance and no we don't need tape. We aren't stuck in the 90's. Steve

Mon, Oct 29, 2012

Veeam has never been an enterprise worthy product. Yes, it's a decent product for workgroup environments, but for an enterprise, nope ! One cannot even benchmark say an enterprise worthy/ready product like Veritas NetBackup against Veeam. The results would be meaningless. Veeam does not and cannot play in the same level as big players like Veritas. You ask a Veeam rep about integration with array-based snapshot or dedup and they'd absolutely have no idea what you're talking about or why would you need that anyways. Ask them about backup to tape and they say what? We don't do that, no tapes, sorry. That 50,000th customer is another one of those one-server small shops?Whatever !

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