In 2015, the company extended its product line with a free backup utility for physical endpoints - Veeam Endpoint Backup FREE it supports PCs running 32- and 64-bit versions of Microsoft Windows OS and integrates with Veeam Backup & Replication. Veeam Backup & Replication started supporting Microsoft Hyper-V in 2012. In 2008, with 10 employees, the company released Veeam Backup & Replication, a tool that provided VMware vSphere VMs with incremental backups and image-based replication, with built-in data deduplication and compression. The company's largest R&D center is in Prague, Czechia. The company has a number of international offices, including regional headquarters for EMEA in Paris, France, for the Americas in Columbus, Ohio, for the Middle East in Dubai and for the Asia-Pacific region in Sydney, Australia. In 2021, Veeam appointed Anand Eswaran as CEO and a member of the company's Board of Directors. In 2020, Veeam appointed Bill Largent, prior chairman of the board, as CEO and chairman.
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had placed Veeam Software in the 2020 Magic Quadrant for Data Center Backup and Recovery Solutions Leaders. On 22 July 2020, it was reported that Gartner, Inc. On January 9, 2020, Insight Partners announced that they would purchase Veeam in a $5 billion deal and move the company HQ to the US. In late 2018, Andrei Baronov was promoted to CEO. I n 2017, Peter McKay and Andrei Baronov were promoted to the company's co-CEO roles. McKay, prior senior vice president and general manager, Americas with VMware, as president and COO. In 2014, Veeam held its first conference on data protection and availability called "VeeamON," which took place in Las Vegas, Nevada.
Veeam gained attention in 2007 with its free VM backup copy product, FastSCP, which became a basis for building Veeam's data-protection software for hardware virtualization. Later, in 2010, the company combined both products to form Veeam ONE. The first Veeam products, Veeam Monitor and Veeam Reporter, provided virtual-infrastructure monitoring, reporting, analysis and documentation. In June 2016, Dell announced the sale of its software division, which included Quest, to Francisco Partners and Elliott Management Corporation. They opened first Veeam office in Saint-Petersburg, Russia which was main R&D facility of Veeam for a long time.Timashev and Baronov had sold their previous IT management software company, Aelita Software Corporation, to Quest Software in 2004 Dell subsequently acquired Quest Software in 2012. Ratmir Timashev and Andrei Baronov met in the United States while attending Ohio State University and eventually founded Veeam in 2006. The name "Veeam" came from the phonetic pronunciation of the letters "VM" - virtual machine. The company headquarters is in Columbus, Ohio, United States. Veeam Software is a Russian-founded and now privately held US-based information technology company owned by Insight Partners that develops backup, disaster recovery and modern data protection software for virtual, cloud-native, SaaS, Kubernetes and physical workloads.
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