Veeam’s software already provided backup and disaster recovery (DR) across on-premises and public cloud environments including AWS, Microsoft Azure, and IBM Cloud. The deal further strengthens the company’s protection for AWS deployments, said Peter McKay, co-CEO and president at Veeam.
AWS is the leading public cloud infrastructure-as-a-service (IaaS) vendor, with 44.2 percent of the market. “The acquisition of N2WS certainly makes Veeam one of the largest cloud-native public cloud backup and DR suppliers for IaaS,” McKay said in an email.
N2WS’ flagship product, Cloud Protection Manager, was built specifically for AWS. It uses Amazon snapshots to automate backup and recovery for EC2 instances, EBS volumes, RDS, Redshift, and Aurora clusters. Customer include Coca-Cola, Southwest Airlines, Cisco, Dyson, Time Inc., Harvard University, and Oracle.
N2WS will continue to operate as a separate company, and Jason Judge will stay on as CEO. Veeam will integrate N2WS’ technology into its platform and will “soon” launch a package of special offers and incentives for Cloud Protection Manager customers, McKay said.
“People who buy Veeam can get a license of N2WS for 60 days,” he explained. “When the fully integrated version becomes available, they can then upgrade to that version. So right away we’re going to allow the customers to leverage that technology as we’re merging the technologies together.”
Veeam is headquartered in Baar, Switzerland, and has offices in more than 30 countries. It claims more than 282,000 customers and 53,000 partners including AWS, Microsoft, VMware , Dell EMC, Cisco, Hewlett Packard Enterprise (HPE), and NetApp.
Earlier this month, Veeam reported a 62 percent year-over-year increase in large enterprise deals in 2017, and 500 percent annual growth for deals over $1 million. It earned $827 million in total bookings revenue in 2017 — an increase of 36 percent compared to 2016 — and is “well poised to be a billion-dollar software company by the end of 2018,” McKay said.