26 Feb 2014
Story image

Record breaking Veeam approaches 100,000th customer

Veeam Software added over 34,000 new customers in 2013, totalling over 91,500 current paid customers on the company’s books, with the business expecting to reach and announce their 100,000th customer in early 2014.

Announced as part of record revenue results for the fourth quarter and full year of 2013, the upcoming milestone helps mark the company’s 24th consecutive quarter in which quarterly bookings revenue has grown by more than 50 percent over the same period during the previous year.

The provider of Protection for the Modern Data Centre also reports that during 2013, annual bookings revenue grew 58 percent over 2012, while new license bookings revenue increased 53 percent over the same period.

Total bookings revenue grew 55 percent in Q4 of 2013 compared to the same period in 2012; new license bookings revenue increased 52 percent over that same period.

“Veeam’s success in 2013 is a testament to the success of Veeam Backup & Replication v7, which once again raised the standard for protection for the modern data centre,” says Ratmir Timashev, CEO, Veeam.

“Our reputation for reliable, high- performance software makes our customers proclaim, ‘It Just Works!’ has made us one of the fastest growing software companies in the world.

“We’re excited for 2014 as we continue our journey to achieve $1 billion in revenue within the next five years.

“In fact, we feel so strongly about the value and capabilities of our solutions that this quarter, we have extended our “Switch to Veeam – Protection for Modern Data Centre” competitive replacement program with up to 20% additional savings that enables IT organisations to put Veeam in their modern data centre for the same price as – or often much less than – the annual renewal cost of their existing legacy backup solution.

“This program will likely deliver Veeam’s 100,000th customer in early 2014.”

Veeam’s Cloud Provider Program also continues to grow revenue at a year-over-year rate of more than 100 percent, which is faster than the overall growth of the company.

Recent stories
More stories