Commvault

Last updated
Commvault Systems, Inc.
Commvault
Company type Public
Industry Information technology, software
Founded1996;28 years ago (1996)
Headquarters
Tinton Falls, New Jersey
,
U.S.
Area served
Worldwide
Key people
Sanjay Mirchandani (CEO & president)
ProductsCommvault Complete Data Protection, Commvault Backup & Recovery, Commvault Disaster Recovery, Commvault HyperScale X, Commvault Activate, Metallic
Services
  • Data protection
  • cloud data management
  • disaster recovery
  • archiving
RevenueIncrease2.svg US$839 million (2024)
Increase2.svgUS$75 million (2024)
Increase2.svgUS$169 million (2024)
Total assets Increase2.svgUS$944 million (2024)
Total equity Increase2.svgUS$278 million (2024)
Number of employees
2,882 (2024)
Website commvault.com
Footnotes /references
Financials as of March 31,2024. [1]

Commvault Systems, Inc. is an American publicly traded data protection and data management software company headquartered in Tinton Falls, New Jersey. Commvault enterprise software can be used for data backup and recovery, cloud and infrastructure management, retention and compliance.

Contents

Commvault is headquartered in Tinton Falls, New Jersey and has 29 offices globally, including those in Beijing, Shanghai, Mumbai, Dubai, Israel, France, Germany and Brazil.

History

Commvault was originally formed in 1988 as a development group in Bell Labs focused on data management, backup, and recovery; it was later designated a business unit of AT&T Network Systems. [2] [3] After becoming a part of Lucent Technologies, the unit was sold in 1996 and became a corporation, with Scotty R. Neal as CEO. [3]

In March 1998, Bob Hammer joined Commvault as chairman, president and CEO, and Al Bunte joined as vice president and COO. [3] In 2000, the company began releasing products aimed at managing network storage. [2] In March 2006, Commvault filed for an initial public offering, [2] and officially went public later that year as CVLT on NASDAQ. [4] At the end of 2013, the company moved from its space in Oceanport, New Jersey, to its new $146 million headquarters at the former Fort Monmouth in Tinton Falls, New Jersey. [5]

On February 5, 2019, Sanjay Mirchandani replaced the retiring Hammer as president and CEO, and Nick Adamo was announced as chairman of the board. [6] [7] Mirchandani joined Commvault from Puppet, an Oregon-based IT automation company, where he served as CEO. [8]

Software

Commvault software is an enterprise-level data platform that contains modules to back up, restore, archive, replicate, and search data. It is built from the ground-up on a single platform and unified code base. It has four product lines: Complete Backup and Recovery, HyperScale integrated appliances, Orchestrate disaster recovery, and Activate analytics. [4] [9] The software is available across cloud and on-premises environments. [9]

Data is protected by installing agent software on the physical or virtual hosts, which use operating system or application native APIs to protect data in a consistent state. Production data is processed by the agent software on client computers and backed up through a data manager, the MediaAgent, to disk, tape, or cloud storage. All data management activity in the environment is tracked by a centralized server, the CommServ, and can be managed by administrators through a central user interface. End users can access protected data using web browsers and mobile devices.

In 2008, Commvault launched a new remote operations management service for storage management for small and midsize businesses. [10] In 2009, the company's backup software product Simpana version 8 offered the industry's first global embedded software deduplication, allowing users to deduplicate data no matter where it is stored. [11] In 2015, following the release of Simpana version 10, the product was renamed Commvault Software. [12] In 2017, Commvault began to sell its Hyperscale Backup data protection appliances, following up a year later by adding high capacity Hyperscale appliances, and the standalone Remote Office Appliance. [13] [14] Also in 2017, Commvault and Cisco Systems announced ScaleProtect, combining HyperScale software reference architecture with the Cisco Unified Computing System, giving enterprise customers the ability to manage secondary data in a cloud-like, on-premises solution. [15] [13] On July 17, 2018, the company announced a newly packaged set of four products under the name Commvault Complete: Commvault Complete Backup & Recovery, Commvault HyperScale, Commvault Orchestrate, and Commvault Activate. [16] [17] On October 14, 2019, Commvault launched Metallic, a SaaS backup and recovery service for the mid-market, allowing customers to backup on-premises data to their own backup system, their public cloud, Metallic's public cloud, or a combination of both. [18]

Commvault has partnered with companies including Cisco Systems, [15] Hewlett Packard Enterprise, [19] Microsoft, [20] Amazon Web Services, [21] IBM, [22] and Google. [23]

Services

Commvault provides consulting services for customers. The company advises customers with setting up new data management systems from the architecture design to the implementation and monitoring. In the remote managed service, Commvault manages the software in production for their customers. [24]

Acquisitions

On 4 September 2019, Commvault announced that it would acquire software-defined storage startup Hedvig, with the acquisition valued at $225 million. [6] [25] The acquisition was completed in October 2019. [26]

On 1 February 2022, Commvault announced that it has acquired Israel based cyber security company TrapX. [27]

On the 16th of April 2024, Commvault announced the acquisition of Appranix, a company specializing in Cyber Recovery in cloud platforms. [28]

In September 2024, Commvault announced the planned acquisition of Clumio, which provides autonomous backup and recovery of cloud data; the acquisition is expected to close in October 2024, be funded with cash on hand, and be immediately accretive to ARR and revenue. [29] The $47M purchase price is well below the $261M raised by Clumio since 2017. [30]

See also

Related Research Articles

Quantum Corporation is a data storage, management, and protection company that provides technology to store, manage, archive, and protect video and unstructured data throughout the data life cycle. Their products are used by enterprises, media and entertainment companies, government agencies, big data companies, and life science organizations. Quantum is headquartered in San Jose, California and has offices around the world, supporting customers globally in addition to working with a network of distributors, VARs, DMRs, OEMs and other suppliers.

NetApp, Inc. is an American data infrastructure company that provides unified data storage, integrated data services, and cloud operations (CloudOps) solutions to enterprise customers. The company is based in Cork City, Ireland. It has ranked in the Fortune 500 from 2012 to 2021. Founded in 1992 with an initial public offering in 1995, NetApp offers cloud data services for management of applications and data both online and physically.

Acronis International GmbH, simply referred to as Acronis, is a Swiss cybersecurity and data protection technology company with its corporate headquarters in Schaffhausen, Switzerland and global headquarters in Singapore. Acronis develops on-premises and cloud software which integrate cybersecurity, backup, disaster recovery, and endpoint management. Acronis has 15 offices worldwide. Its R&D centers, Acronis Labs, are based in Bulgaria, the United States, Italy, Serbia and Singapore. Acronis has 55 cloud data centers around the world, including the United States, France, Singapore, Japan, and Germany.

Fortinet, Inc. is a cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls, endpoint security and intrusion detection systems. Fortinet has offices located all over the world.

Unitrends Inc., a Kaseya company, is an American company specializing in backup and business continuity.

EVault is a part of Carbonite, and a brand name for some of Carbonite's product offerings. EVault and its partner network develop and support on-premises, cloud-based, and hybrid backup and recovery services for mid-market customers in need of data backup, data recovery, disaster recovery, regulatory compliance, and cloud storage or online backup services. The company primarily serves customers in heavily regulated industries—financial services, legal, and health care, as well as in government, education, telecommunications, and charity/nonprofit sectors. Headquartered in Boston, Massachusetts, United States, the company has sales, service, and data center operations in North America and EMEA.

arcserve

Arcserve is a provider of data protection, replication and recovery solutions for enterprise and mid-market businesses. Arcserve was founded in 1983 as Cheyenne Software. Software vendor CA Technologies, which was then known as Computer Associates, acquired Cheyenne in 1996 and continued to develop and market the Arcserve product under the same brand.

<span class="mw-page-title-main">StorSimple</span>

StorSimple was a privately held company based in Santa Clara, California, marketing cloud storage. It was funded by venture capital from Index Ventures, Redpoint Ventures, Ignition Partners, and Mayfield Fund for a total of $31.5 million.

<span class="mw-page-title-main">CTERA Networks</span> Multinational enterprise software company

CTERA Networks is a privately held enterprise software company headquartered in New York and Israel. The company has regional offices in the UK, Italy, France, Spain, Germany, and Australia. As of 2021, the company is designated as the leading vendor in distributed cloud file storage by GigaOm.

<span class="mw-page-title-main">Nimble Storage</span>

Nimble Storage, founded in 2008, is a subsidiary of Hewlett Packard Enterprise. It specializes in producing hardware and software products for data storage, particularly data storage arrays that utilize the iSCSI and Fibre Channel protocols, and includes data backup and data protection features.

<span class="mw-page-title-main">Virtual Computing Environment</span> American computer hardware brand

Virtual Computing Environment Company (VCE) was a division of EMC Corporation that manufactured converged infrastructure appliances for enterprise environments. Founded in 2009 under the name Acadia, it was originally a joint venture between EMC and Cisco Systems, with additional investments by Intel and EMC subsidiary VMware. EMC acquired a 90% controlling stake in VCE from Cisco in October 2014, giving it majority ownership. VCE ended in 2016 after an internal division realignment, followed by the sale of EMC to Dell.

Zadara is a cloud computing company founded in 2011, with headquarters in Irvine, California. The company develops computer software that it markets as storage-as-a-service, which can be used for cloud or on-premises servers, a model sometimes called private cloud.

Code42 American software company

Code42 is an American cybersecurity software company based in Minneapolis specializing in insider risk management. It is the maker of the cloud-native data protection product Incydr and security microlearning product Instructor.

Asigra Inc. is a company that produces a cloud backup and recovery software platform known as Asigra Cloud Backup. The company is privately held and is headquartered in Toronto, Canada.

<span class="mw-page-title-main">Nexenta Systems</span> Software company

Nexenta by DDN, Inc., is a subsidiary of DataDirect Networks that sells computer data storage and backup software. It is headquartered in San Jose, California. Nexenta developed NexentaStor, NexentaCloud, NexentaFusion, and NexentaEdge. It was founded as Nexenta Systems, Inc., in 2005.

<span class="mw-page-title-main">Dell Software</span> Former software division of Dell, Inc.

Dell Software was a former division of Dell with headquarters in Round Rock, Texas, United States. Dell Software was created by merging various acquisitions by Dell Inc., the third-largest maker of PCs and now a privately held company, to build out its software offerings for data center and cloud management, information management, mobile workforce management, security and data protection for organizations of all sizes.

<span class="mw-page-title-main">Veeam Backup & Replication</span> Backup and disaster recovery software

Veeam Backup & Replication is a proprietary backup app developed by Veeam for virtual environments built on VMware vSphere, Nutanix AHV, and Microsoft Hyper-V hypervisors. The software provides backup, restore and replication functionality for virtual machines, physical servers and workstations as well as cloud-based workload.

Cohesity is an American privately held information technology company headquartered in San Jose, California with offices in India and Ireland. The company develops software that allows IT professionals to backup, manage and gain insights from their data across multiple systems or cloud providers. Their products also include anti-ransomware features, Disaster Recovery-as-a-Service, and SaaS management.

<span class="mw-page-title-main">CloudEndure</span> American cloud computing company

CloudEndure is a cloud computing company that develops business continuity software for disaster recovery, continuous backup, and live migration. CloudEndure is headquartered in the United States with R&D in Israel.

<span class="mw-page-title-main">Druva</span> Software company

Druva Inc. is a privately held software company. The company provides SaaS-based data protection and management products. The company was founded in 2008, raised several rounds of funding, and grew to more than 800 employees.

References

  1. ↑ "Commvault Systems Inc. Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. May 13, 2024.
  2. 1 2 3 Shread, Paul (March 20, 2006). "CommVault Files for IPO". Enterprise Storage.
  3. 1 2 3 Mellor, Chris (December 1, 2015). "Commvault's Bob Hammer has his head in the clouds. Actually, that's a good thing". The Register.
  4. 1 2 Raffo, Dave (January 30, 2019). "Commvault CEO Hammer says goodbye, prepares handoff". Tech Target.
  5. ↑ Diamond, Michael (September 30, 2016). "Commvault in Tinton Falls: How it beat the odds". Asbury Park Press.
  6. 1 2 Grant, Nico (September 4, 2019). "Commvault to Buy Hedvig for $225 Million to Jumpstart Growth". Bloomberg.
  7. ↑ High, Peter (February 5, 2019). "Former Puppet CEO Sanjay Mirchandani Named CEO Of Commvault". Forbes.
  8. ↑ Kovar, Joseph (February 5, 2019). "Commvault Hires Former Puppet Master Sanjay Mirchandani As New CEO". CRN.
  9. 1 2 Preimesberger, Chris (August 9, 2019). "Commvault data storage product overview and insight". eWeek.
  10. ↑ "CommVault Offers Remote Operations Management Service". Inc Magazine. January 28, 2008.
  11. ↑ Keller, Megan (January 27, 2009). "CommVault's Simpana 8.0 Offers Global Embedded Software Deduplication". IT Pro Today.
  12. ↑ "Commvault Drops Simpana Brand and Adds Features". Computer Weekly. Retrieved 13 November 2019.
  13. 1 2 Kovar, Joseph (October 9, 2018). "Commvault Go: Commvault Steps Up Data Protection Game". CRN.
  14. ↑ Adshead, Antony (October 10, 2018). "Commvault tops and tails Hyperscale backup appliance offer". Computer Weekly.
  15. 1 2 Brown, Matt (November 1, 2017). "5 Things Solution Providers Need To Know About Commvault's ScaleProtect With Cisco UCS". CRN.
  16. ↑ "Commvault Unveils Four New Products For Complete, Scalable Backup & Recovery And Modern Data Management For Progressive Enterprises Of All Sizes". Commvault.com. Retrieved 13 November 2019.
  17. ↑ Armstrong, Adam. "Commvault Announces Commvault Activate". Storage Review. Retrieved 13 November 2019.
  18. ↑ Mellor, Chris (October 14, 2019). "Commvault guns for mid-market with Metallic SaaS backup and recovery". Blocks and Files.
  19. ↑ Asturias, Diego (October 25, 2019). "Q&A: Commvault, HPE partner for out-of-the-box backup and recovery solutions". Silicon Angle.
  20. ↑ Yu, Johnny (October 14, 2019). "Commvault adds SaaS backup subsidiary Metallic". Tech Target.
  21. ↑ Deutscher, Maria (October 14, 2019). "Commvault's new Metallic service promises easier backup for midmarket firms". Silicon Angle.
  22. ↑ Coop, Alex (June 26, 2018). "IBM adds Commvault software to its managed services portfolio". Channel Daily News.
  23. ↑ Massey, Adam. "Commvault and Google Cloud partner on cloud-based data protection and simpler "lift and shift" to the cloud". Google. Retrieved 13 November 2019.
  24. ↑ "Support - Commvault". www.commvault.com.
  25. ↑ Kovar, Joseph (September 4, 2019). "Commvault To Acquire Hedvig In $225M Deal, Speeding Up Software-Defined Storage Vision". CRN.
  26. ↑ Adshead, Antony (October 16, 2019). "Commvault adds Metallic SaaS backup and Hedvig features". Computer Weekly.
  27. ↑ Mellor, Chris (2022-09-22). "Commvault adds malware honeypots to Metallic". Blocks and Files. Retrieved 2024-05-14.
  28. ↑ Kovar, Joseph F. "Commvault Acquires Appranix In Cyber Resilience Move". www.crn.com. Retrieved 2024-05-14.
  29. ↑ Mitchell, Sean (2024-09-24). "Commvault to acquire Clumio to boost AWS data protection". SecurityBrief Australia. Retrieved 2024-09-25.
  30. ↑ Novison, Michael (2024-09-25). "Commvault to Boost AWS Data Protection With $47M Clumio Buy". DataBreachToday. Retrieved 2024-09-26.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.