2015 Saw a 22-Percent Year-Over-Year Growth for Veeam with 34-Percent Year-Over-Year Revenue Growth in Enterprise Orders
Veeam Software announced a number of highlights from its FY 2015 results, which include record total bookings revenue of US$474 million, a 22-percent increase over the previous fiscal year, and 34-percent year-over-year revenue growth in enterprise orders.
The company also reported a 94-percent year-over-year revenue growth specifically for Veeam Availability Suite Enterprise Plus edition, 54-percent year-over-year revenue growth for all editions of Veeam Availability Suite, 36-percent year-over-year revenue growth for the Veeam Cloud & Service Provider (VCSP) program, and 34-percent yearover-year revenue growth in enterprise orders
“2015 was a record year for Veeam because we collaborated closely with our partners, alliances, and customers to deliver innovative availability solutions that solve real-life business challenges. We will surpass the half-billion dollar revenue mark in 2016 and fully expect our momentum to continue, carrying us toward our goal of $1 billion in annual revenue by 2018. With Veeam Availability Suite v9, we fully leveraged our strong history of innovation to create an availability solution that enables us to expand into the enterprise sector further than ever before,” said Ratmir Timashev, CEO of Veeam.
In the fourth quarter of 2015, Veeam reported that since the company first introduced its flagship product – Veeam Backup & Replication – in February 2008, it has generated more than US$1.5 billion in revenues.
It also reported 55-percent growth in total bookings revenue in Q4 2015 compared to Q3 2015, added close to 15,000 total paid customers in Q4 2015, expanded to 37,000 ProPartners worldwide, and has now employed more than 2,000 people worldwide.
Ratmir Timashev, CEO of Veeam.