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ExaGrid's Q2 2025 Momentum Press Release
ExaGrid's Q2 2025 Momentum Press Release

National Post

time6 days ago

  • Business
  • National Post

ExaGrid's Q2 2025 Momentum Press Release

Article content MARLBOROUGH, Mass. — ExaGrid ®, the industry's only Tiered Backup Storage solution with Retention Time-Lock that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, today announced that it continues to grow and drive Free Cash Flow (FCF) and EBITDA. Article content The company is having another record bookings and revenue year and was FCF positive, P&L positive, and EBITDA positive for its 18 th consecutive quarter. ExaGrid added over 140 new customers in the quarter and the average deal size is increasing. ExaGrid has continued to have over 75% of its new logo customer bookings come from six- and seven-figure purchase orders and in Q2, 80% of the new customers were from six- and seven-figure deals. Article content ExaGrid now has more than 4,700 active upper mid-market to large enterprise customers that use ExaGrid Tiered Backup Storage to store and protect their data. ExaGrid's customer retention rate remains very high, creating a strong existing customer repeat business. Article content ExaGrid supports more than 25 backup applications and utilities including: Veeam, Commvault, NetBackup, HYCU, Oracle RMAN direct, SQL Dumps direct, HYCU, and ExaGrid recently announced support of Rubrik, and that it will add support for Cohesity DataProtect in the first half of 2026. Article content ExaGrid is a financially strong company generating positive cash each quarter and with zero debt of any kind. Article content Highlights of Q2 2025: Article content 'We are pleased that we have achieved 18 consecutive quarters of free cash flow and EBITDA. Revenue and EBITDA continue to grow year over year. We are the largest independent backup storage vendor, and we continue to add support and integration with more backup applications which offers investment protection to our existing customers and provides even more potential for top line growth,' said Bill Andrews, President and CEO of ExaGrid. 'We've hit well over 4,700 active customer installations worldwide. ExaGrid continues to have an over 70% competitive win rate (74.1% in Q2) replacing primary storage behind the backup application, as well as inline deduplication appliances such as Dell Data Domain and HPE StoreOnce.' Article content About ExaGrid Article content ExaGrid provides Tiered Backup Storage with a unique disk-cache Landing Zone, long-term retention repository, scale-out architecture, and comprehensive security features. ExaGrid's Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The Repository Tier offers the lowest cost for long-term retention. ExaGrid's scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and planned product obsolescence. ExaGrid offers the only two-tiered backup storage approach with a non-network-facing tier (tiered air gap), delayed deletes, and immutable objects to recover from ransomware attacks. Article content ExaGrid has physical sales and pre-sales systems engineers in the following countries: Argentina, Australia, Austria, Benelux, Brazil, Canada, Chile, CIS, Colombia, Czech Republic, France, Germany, Hong Kong, India, Israel, Italy, Japan, Mexico, Nordics, Poland, Portugal, Qatar, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Switzerland, Turkey, United Arab Emirates, United Kingdom, United States, and other regions. Article content Article content Article content Article content Media: Article content Article content Article content

Object First Recognized on MES Midmarket 100 List for Second Year
Object First Recognized on MES Midmarket 100 List for Second Year

Yahoo

time22-07-2025

  • Business
  • Yahoo

Object First Recognized on MES Midmarket 100 List for Second Year

Ransomware-proof, immutable backup storage solution addresses unique midmarket data backup and recovery needs BEVERLY, Mass., July 22, 2025--(BUSINESS WIRE)--Object First, the best storage for Veeam® users, today announced that it has been highlighted for the second consecutive year by MES Computing, a brand of The Channel Company, on its MES Midmarket 100 list. The annual MES Midmarket 100 recognizes technology vendors with deep knowledge of the unique IT needs of midmarket organizations. These vendors are committed to delivering future-focused products and services that support growth, innovation, and success for their midsize customers. MES Computing defines midmarket organizations as those with an annual revenue of $50 million to $2 billion and/or 100 to 2,500 total supported users/seats. Vendors were selected for the MES Midmarket 100 for their go-to-market strategy, how they innovate to better serve the midmarket, and the strength of their midmarket product portfolios. Object First's Ootbi (Out-of-the-Box Immutability) solution provides a last line of defense against ransomware for organizations of all sizes. Ransomware remains one of the most pervasive cyber threats for the mid-market, with backup repositories targeted 96% of the time. Object First ensures rapid and reliable recovery with secure, simple, and powerful backup storage that is purpose-built for Veeam. Object First's pay-per-use Consumption model is ideal for midsized organizations needing secure, high-performance backup without added complexity or cost. It's easy to deploy, requires no security expertise, and integrates seamlessly with Veeam. Leveraging S3 Object Lock for immutability and Zero Trust architecture, Object First addresses the midmarket need for reliable and secure data storage that's simple to manage and scale. "Being named to the MES Midmarket 100 list for the second consecutive year is powerful validation of our commitment to midmarket organizations," said David Bennett, CEO, Object First. "Ransomware continues to pose a serious threat to organizations of all sizes, and midsize businesses deserve enterprise-grade protection that's effective and easy to manage. That's exactly what Ootbi delivers: secure, simple, and purpose-built backup storage for Veeam. We're proud to empower our midmarket customers with cyber resilience that allows them to stay focused on what matters most: growing their business." "The Midmarket 100 showcases the technology vendors that truly understand and actively support the unique needs of midsize organizations," said Samara Lynn, Senior Editor, MES Computing, The Channel Company. "These vendors are dedicated partners who empower midmarket organizations to hurdle their toughest IT challenges so they can innovate and achieve their growth goals. We can't wait to see how these companies continue to evolve to help the midmarket thrive." This is one of several recognitions Object First has received from The Channel Company over the past year. CRN, a brand of The Channel Company, named Kelly Wells, Chief Operating Officer, Meredith Frick, Head of Partner Marketing, and Kasey King, Channel Marketing Manager, to the 2025 Women of the Channel list. Harry Kurland, Vice President of Sales Americas, was named to the 2025 CRN Channel Chiefs list, while Justin Gilbert, Channel Sales Director Americas, was recognized as a 2025 CRN Inclusive Channel Leader. About Object First Object First believes no one should ever have to pay a ransom to recover their data. Our backup storage appliance, Ootbi (Out-of-the-Box Immutability), is purpose-built for Veeam users and ransomware-proofs data for organizations of any size. Secure, simple, and powerful, Ootbi is the best storage for Veeam. To learn more, visit follow our blog, and connect with us on LinkedIn and Instagram. Subscribe to Object First's Zero Gravity podcast here. © 2025 Object First. All rights reserved. All trademarks are the property of their respective owners. About The Channel Company The Channel Company (TCC) is the global leader in channel growth for the world's top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit Follow The Channel Company: LinkedIn and X. © 2025 The Channel Company, Inc. The Channel Company logo is a registered trademark of The Channel Company, Inc. All other trademarks and trade names are the properties of their respective owners. All rights reserved. View source version on Contacts Press Contact Gabrielle RedwinePAN for Object Firstobjectfirst@

Veeam Reveals 96% EMEA Financial Firms Struggle.
Veeam Reveals 96% EMEA Financial Firms Struggle.

TECHx

time17-07-2025

  • Business
  • TECHx

Veeam Reveals 96% EMEA Financial Firms Struggle.

Home » Emerging technologies » Cyber Security » Veeam Reveals 96% EMEA Financial Firms Struggle Six months after the EU's Digital Operational Resilience Act (DORA) came into effect, Veeam® Software, the Data Resilience, announced findings from a Censuswide survey. The survey revealed that 96% of EMEA financial services organizations still feel their data resilience falls short. The study gathered insights from senior IT decision makers in the UK, France, Germany, and the Netherlands. It highlighted the challenges the sector faces in adapting to DORA, which was introduced in January 2025 to strengthen defenses against cyberthreats and ICT disruptions. 'It's promising to see that most organizations have embraced and feel confident about meeting DORA's requirements,' said Edwin Weijdema, Field CTO EMEA at Veeam. 'Achieving compliance is an important first step in ensuring your organization is resilient but given today's complex threat landscape there's more to do. New Veeam research shows that many financial institutions still see a gap in their overall resilience and face challenges in securing the necessary budget, even as DORA grows in strategic importance. The journey to operational resilience is ongoing, and it's clear that prioritizing data resilience remains critical for organizations' long-term success.' While 94% of organizations reported that DORA is now a higher priority than before the deadline, 40% called it their top digital resilience focus. Half said DORA requirements are part of their wider resilience programs. However, many continue to face obstacles: 41% reported increased stress on IT and security teams. 37% dealt with higher ICT vendor costs. 22% saw digital regulations as barriers to innovation. Despite the focus on compliance, many firms have yet to complete key requirements such as recovery testing, incident reporting, and third-party risk oversight, which 34% cited as the hardest to implement. Andre Troskie, Field CISO EMEA at Veeam said, 'It's interesting to see that third-party oversight has emerged as a particular pain point for organizations. Over a third named it the most challenging to implement, and many called for additional guidance on establishing it in the first place. An often-overlooked facet of data resilience, it's promising to see that organizations are interrogating their defences to this degree which is exactly what it was designed to do. Of course, meeting the requirements is key, but DORA was also about getting organizations to assess their resilience holistically and in that aspect, it seems to be succeeding.' Veeam's experts stressed that while compliance is crucial, true operational resilience requires ongoing effort and holistic data resilience strategies. The company also highlighted its Data Resilience Maturity Model (DRMM), developed with McKinsey, which helps firms assess and improve their resilience against evolving risks. This research emphasizes the growing importance of digital operational resilience for financial institutions across EMEA as they navigate the new regulatory landscape.

Veeam Kasten Assessed 'Awardable' for Department of Defense work in the P1 Solutions Marketplace
Veeam Kasten Assessed 'Awardable' for Department of Defense work in the P1 Solutions Marketplace

Associated Press

time15-07-2025

  • Business
  • Associated Press

Veeam Kasten Assessed 'Awardable' for Department of Defense work in the P1 Solutions Marketplace

SEATTLE--(BUSINESS WIRE)--Jul 15, 2025-- Veeam ® Software, the #1 global leader by market share in Data Resilience, today announced that Veeam Kasten has achieved 'Awardable' status through the Department of Defense (DoD) Platform One (P1) Solutions Marketplace. The P1 Solutions Marketplace is a digital repository of post-competition, 5-minute long readily-awardable pitch videos, which address the Government's most stringent requirements in hardware, software and service solutions. As organizations increasingly rely on Kubernetes for containerized applications and VMs, the need for robust data resilience – including backup and disaster recovery solutions – becomes critical. The dynamic nature of containers complicates traditional backup strategies. Without proper backup and recovery processes in place, organizations risk data loss, service disruption, financial impact, and adverse mission outcomes, making backup and disaster recovery essential for mission continuity and data integrity. Veeam Kasten provides comprehensive backup and disaster recovery, application mobility and ransomware protection for mission critical Kubernetes workloads. Whether managing large-scale migrations, ensuring resilient operations, or automating data protection and recovery, Veeam Kasten delivers unmatched reliability, security and usability. Veeam Kasten is the first enterprise-ready data protection solution to be hosted on Iron Bank – the vetted repository of assessed containers, purpose-built to enable the rapid, scalable, and secure deployment of applications across the DoD. Veeam Kasten images are available for P1 users to deploy on their Kubernetes clusters with confidence and ease, reducing deployment times from months or years to just weeks. 'As the DoD accelerates the adoption of emerging technology, the inclusion of Veeam Kasten in the P1 Marketplace demonstrates our commitment to delivering secure, data resilience for Kubernetes,' said Gaurav Rishi, Vice President of Product Management at Veeam. 'This milestone allows us to better support government agencies and contractors with a comprehensive solution for their Kubernetes application workloads, maximizing operational efficiency and enhancing data resilience in today's complex IT landscape. 'While most backup tools retrofit container support, Veeam Kasten was built for Kubernetes from day one, with native APIs, hardened images, and zero-trust architecture. Veeam Kasten is uniquely purpose-built – combining the industry's first FIPS 140-3-validated Kubernetes protection, P1 Iron Bank-hardened images, and automated SBOM generation – to enable federal agencies to meet stringent cyber resilience mandates without compromising innovation. We're excited to continue supporting the defense community with our industry-leading solutions and further strengthening Veeam Kasten's capability to secure Kubernetes data and support the DoD mission.' Veeam Kasten's video, Veeam Kasten for US Fed in Five Minutes, is now accessible by government customers on the P1 Solutions Marketplace. It presents an actual use case in which the company provides the what, why, and how of Veeam Kasten for Kubernetes and highlights how Veeam Kasten can help US Federal agencies and organizations protect their cloud native VM and container workloads. Veeam Kasten was recognized among a competitive field of applicants to the P1 Solutions Marketplace whose solutions demonstrated innovation, scalability, and potential impact on DoD missions. Government customers interested in viewing the video solution can create a P1 Solutions Marketplace account at Federal agencies can request access or schedule a product demo via For more information on Veeam, visit About Veeam Software Veeam®, the #1 global market leader in data resilience, believes every business should be able to bounce forward after a disruption with the confidence and control of all their data whenever and wherever they need it. Veeam calls this radical resilience, and we're obsessed with creating innovative ways to help our customers achieve it. Veeam solutions are purpose-built for powering data resilience by providing data backup, data recovery, data portability, data security, and data intelligence. With Veeam, IT and security leaders rest easy knowing that their apps and data are protected and always available across their cloud, virtual, physical, SaaS, and Kubernetes environments. Headquartered in Seattle with offices in more than 30 countries, Veeam protects over 550,000 customers worldwide, including 67% of the Global 2000, that trust Veeam to keep their businesses running. Radical resilience starts with Veeam. Learn more at or follow Veeam on LinkedIn @veeam-software and X @veeam. About the P1 Solutions Marketplace The P1 Solutions Marketplace is a digital repository of post-competition, readily awardable pitch videos that address the Department of Defense's (DoD) most significant challenges in hardware, software and service solutions. All awardable solutions have been assessed through complex scoring rubrics and competitive procedures and are available to Government customers with a Marketplace account. Government customers can create an account at For more information or media requests, contact: [email protected]. Supporting Q&As Why do you need Kubernetes protection? Veeam Kasten protects the unique characteristics of modern, cloud-native development in Kubernetes including data, configurations, metadata and dependencies. Kubernetes manages key data, configurations, and dependencies for modern apps. Veeam Kasten helps by safeguarding all these elements, ensuring Kubernetes workloads remain resilient, available, and secure. What does 'Awardable' mean in the Department of Defense Platform One Solutions Marketplace? 'Awardable' status means Veeam Kasten has passed DoD vetting and is pre-approved for procurement, allowing agencies to quickly acquire and deploy the solution without lengthy review processes. What platforms and environments are supported by Veeam Kasten? Veeam Kasten supports all major Kubernetes distributions, including Amazon EKS, Google GKE, Azure AKS, Red Hat OpenShift, VMware Tanzu, and on-premises Kubernetes clusters. View source version on For Veeam media inquiries, [email protected]. KEYWORD: UNITED STATES NORTH AMERICA WASHINGTON OHIO INDUSTRY KEYWORD: DATA MANAGEMENT DEFENSE SECURITY TECHNOLOGY SOFTWARE GOVERNMENT TECHNOLOGY HARDWARE SOURCE: Veeam Software Copyright Business Wire 2025. PUB: 07/15/2025 09:05 AM/DISC: 07/15/2025 09:05 AM

Organisations urged to boost data resilience as AI adoption rises
Organisations urged to boost data resilience as AI adoption rises

Techday NZ

time10-07-2025

  • Business
  • Techday NZ

Organisations urged to boost data resilience as AI adoption rises

Industry experts have emphasised the importance of data resilience as organisations accelerate their use of artificial intelligence (AI) across increasingly complex digital environments. The growing implementation of AI technologies has introduced new challenges in data architecture, prompting concerns about whether data security measures are keeping pace with rapid innovation. Adapting data protection for AI Ben Young, Field CTO APJ at Veeam, highlighted the transformative effect of AI on business data systems, stating that these changes demand urgent attention to backup processes and security protocols. On AI Appreciation Day, it is worth pausing to consider not just what AI can do but also the challenges it creates. AI is fundamentally reshaping enterprise data architecture, introducing new and often distributed compute environments, training datasets, and workflows that did not exist even two years ago. But in the rush to innovate, many businesses are forgetting to ask two critical questions: Young elaborated further, asking, "Is any of this backed up? Are the backups protected and secure?" Young referred to the findings of Veeam's 2025 Ransomware Trends and Proactive Strategies Report, which revealed that nine out of ten organisations globally had their backup repositories targeted by threat actors in the past year. He stated this points to a clear need for backups that are both secure and immutable. "This means data not only needs to be backed up; those backups need to be secure and immutable to ensure full protection," he said. Young also observed that many organisations are moving AI training workloads to the public cloud without proportionate data protection strategies. He cautioned that a reliance on as-a-service infrastructure could create a false sense of security against increasingly sophisticated threats. "At Veeam, we see organisations deploying AI training workloads in the public cloud, sometimes for the first time, without mature data protection strategies in place." "There is an assumption that as-a-service infrastructure is inherently secure, but in reality, protecting AI requires consideration of an increasingly complex data environment. That means safeguarding model outputs, ensuring rapid restore capabilities, and maintaining visibility into where data is stored, especially as markets in APJ develop strict data sovereignty regulations," Young added. "AI may be intelligent, but resilience still requires human foresight. Innovation without protection is a risk no enterprise can afford to take." AI as a resilience enabler David Allott, Field CISO APJ at Veeam, presented a complementary perspective, suggesting that recent debates tend to focus heavily on AI's threats while overlooking how AI can advance data resilience and cyber protection. On AI Appreciation Day, most conversations focus on the risks AI introduces. But in cybersecurity, we are overlooking a bigger opportunity: AI is also helping us rethink how we defend and recover. Allott described how AI is changing the way organisations manage data security, helping businesses move from reactive defence to more proactive approaches. He said, "AI is enabling security leaders across APJ move from reactive defence to proactive resilience. At Veeam, we are integrating AI to help businesses better understand and protect their data. It is not just about knowing where it is stored, but understanding what it contains, who has access, and whether it is subject to compliance issues or exfiltration risk." He addressed the visibility challenges faced by companies operating hybrid-cloud and mixed infrastructure systems, and outlined AI's role in resolving these complexities. "As companies adopt hybrid-cloud models and operate across legacy and modern infrastructure, this visibility becomes harder to achieve. AI cuts through the complexity by identifying anomalies faster, identifying misconfigurations before they become vulnerabilities, and aligning backup strategies with actual data value." Allott cautioned that while AI is not a solution to all security issues, it provides significant context and operational insight. "While AI is not a silver bullet for security, it is a tool that delivers clarity and context on how to be more resilient. For example, Veeam enables AI directly into platforms to assist with threat diagnostics and intelligent support for backup admins. Tools like VeeamONE deliver AI-powered threat detection, while Recon Scanner (a feature of Veeam Data Platform) helps identify risks before they escalate. This ensures organisations can protect the right data in the right way before threats emerge." Industry observers point out that as enterprises in the Asia-Pacific and Japan region continue to integrate AI technologies, the focus on robust backup, security, and compliance strategies will only grow in significance.

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