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Veeam Software is a privately held information technology company developing backup, disaster recovery and virtualization management software for VMware and Hyper-V virtual environments.Company’s headquarters is based in Baar, Switzerland. The company focuses on virtualization and the name "Veeam" came from the phonetic pronunciation of the letters "VM", as in virtual machine.

Veeam was founded in 2006 by Ratmir Timashev and Andrey Baronov after they sold their previous IT management software company, Aelita Software Corporation, to Quest Software in 2004,which is now owned by Dell.Some of the management team from Aelita also joined Veeam.

The first products released by Veeam were Veeam Monitor and Veeam Reporter, tools for virtual infrastructure monitoring, reporting, analysis and documentation. The company 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.

In 2008, with only 10 employees, the company released its first Veeam Backup & Replication which provided incremental backups built with data deduplication and compression, and image-based replication.

By 2014, Veeam gained more than 1200 employees and was headquartered in Baar, Switzerland, with 17 international offices worldwide, including regional headquarters for EMEA in Paris, France, the Americas in Columbus, Ohio, the Middle East in Dubai and Asia-Pacific in Sydney, Australia. In 2014, Veeam held its first conference on data protection – VeeamON, which took place in Las Vegas, Nevada.

For more information on Veeam www.veeam.com