Veeam on target for billion dollar status after posting latest financial results
Cloud backup software provider Veeam says it is “well-poised” to become a billion dollar software company by the end of 2018 after posting $827 million (£611m) in total bookings revenue for 2017.
The Swiss-based company said it secured more $500,000-plus deals in 2017 than in the previous six years combined, taking its total number of customers to 282,000. Deals which were $1 million and above saw 500% growth in 2017.
Customers include more than half (57%) of the Forbes Global 2000, the company added,...