Veeam Software has won its 100,000th customer and posted record revenue results for the first quarter of 2014.
The provider of solutions that deliver Availability for the Modern Data Center closed Q1’14 with 48 percent year-over-year growth of new license bookings.
In addition, total bookings revenue growth for Q1 2014 was 56 percent for the same period, marking Veeam’s 25th consecutive quarter in which quarterly total bookings revenue has grown by more than 50 percent over the same period during the previous year.
“Veeam continues to bridge the gap between the requirements of the Always-On Business and IT’s ability to effectively deliver business continuity and IT resilience to the majority of businesses,” says Ratmir Timashev, CEO, Veeam.
“Businesses are facing challenges such as data loss, long recovery times, unreliable data protection and a lack of visibility into their IT environments.
"Advanced data protection from Veeam, combined with virtualisation, the cloud and other enabling technologies, completes the modern data center and ensures that the critical applications of our more than 100,000 customers remain always on from any place, at any time, on any device.
"Our recent partnershipwith NetApp as a part of Veeam Backup & Replication v8 is a testament to our ongoing mission to enable the Always-On Business by providing advanced data protection to the modern data center.”
Additional highlights of Q1’14 include:
· Customer Growth:
More than 9,400 new customers were added in Q1, surpassing the milestone of 100,000 paid Veeam customers with the company acquiring new customers at a rate of 3,000 each month.
· New Partner Margins and Growth:
As a 100 percent channel-based organisation, Veeam increased incentives and support to its worldwide partner base of 25,000 ProPartners.
Veeam also launched its Veeam Certified Engineer (VMCE) certification, enabling partners to build professional services and solutions around Veeam within their own virtualisation practices.