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Veeam’s Ratmir Timashev On Public Cloud Backlash, Office 365 Growth And ‘Aggressive’ Acquisition Strategy

‘Customers think that Microsoft backs up their data. Microsoft does not back up their data. You’re responsible. If the virus gets into your email, Microsoft is not responsible. Office 365 right now is a big market for us,’ says Veeam co-founder Ratmir Timashev in an interview with CRN.

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Veeam Co-Founder Ratmir Timashev Ready For Hybrid Cloud Battle

Backed by a whopping $500 million in new funding, Veeam has an eye-popping growth plan in 2019 that includes multiple acquisitions, driving Office 365 channel sales, and major partner investments.

“I think we’ll acquire two, three, four or five companies [in the next year],” said Ratmir Timashev, co-founder and executive vice president of sales and marketing for Veaam, in an interview with CRN. “It won’t be big companies. We’re not going to buy Commvault. It’s all about innovative technologies.”

Veeam is coming off a record-breaking 2018, with bookings totaling $963 million, up 16 percent year over year. The data protection and management software star added 48,000 new customers last year with similar growth plans in 2019.

In an interview with CRN, Timashev talks about Veeam’s fastest growth area in the company’s history, M&A strategy, the “war” for hybrid cloud dominance, and the serious issue with customers buying public cloud solutions without any backup.

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