Commvault

#3146

Rank

$3.33B

MarketCap US

US United States

Country

Summary
Commvault Systems, Inc. provides data protection and information management software applications and related services in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; and Commvault Complete Data Protection, a data protection solution. It also provides Commvault HyperScale X, an easy-to-deploy scale-out solution; Commvault Distributed Storage Platform that offers software-defined storage built on a hyperscale architecture; Metallic Cloud Storage service, which is the easy button to adopt secure and scalable cloud storage; and Metallic Software-as-a-Service. In addition, the company provides technology and business consulting, education, and remote managed services. Further, it sells appliances that integrate the software with hardware for use in a range of business needs and use cases; and offers professional and customer support services that include data management-as-a-service under the Metallic brand. The company sells its products and services directly through its sales force, and indirectly through its network of distributors, value-added resellers, systems integrators, corporate resellers, and original equipment manufacturers to large enterprises, small and medium sized businesses, and government agencies. It supports customers in a range of industries, including banking, insurance and financial services, government, healthcare, pharmaceuticals and medical services, technology, legal, manufacturing, utilities, and energy. Commvault Systems, Inc. was founded in 1988 and is headquartered in Tinton Falls, New Jersey.

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. After becoming a part of Lucent Technologies, the unit was sold in 1996 and became a corporation, with Scotty R. Neal as CEO.In March 1998, Bob Hammer joined Commvault as chairman, president and CEO, and Al Bunte joined as vice president and COO. In 2000, the company began releasing products aimed at managing network storage. In March 2006, Commvault filed for an initial public offering, and officially went public later that year as CVLT on NASDAQ. 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.On February 5, 2019, Sanjay Mirchandani replaced the retiring Hammer as president and CEO, and Nick Adamo was announced as chairman of the board. Mirchandani joined Commvault from Puppet, an Oregon-based IT automation company, where he served as CEO.


Mission
Commvault’s mission is to provide data management solutions that put customers at the center of data protection and empower them to do more with their data.

Vision
Commvault’s vision is to be a trusted partner that empowers customers to transform data into their most valuable asset.

Key Team

Mr. James Whalen (VP of Fin. & Chief Accounting Officer)

Mr. Brian Brockway (CTO & VP)

Mr. Michael John Melnyk C.F.A. (Director of Investor Relations)

Ms. Danielle K. Sheer (VP, Chief Legal & Compliance Officer)

Ms. Isabelle Guis (Chief Marketing Officer)

Ms. Martha Delehanty (Chief People Officer)

Mr. Randy De Meno (Chief Technologist of Windows Products & Microsoft Partnership)


Recognition and Awards
Commvault’s data protection solutions have been awareded with distinction in 2019 and 2020, receving 5 stars in overall performance from CRN Magazine and other notable industry honors.

References
Commvault
Leadership team

Mr. Sanjay Mirchandani (Pres, CEO & Director)

Mr. Riccardo Di Blasio (VP & Chief Revenue Officer)

Mr. Gary Merrill (Chief Financial Officer)

Products/ Services
Management Information Systems, Security, Software
Number of Employees
1,000 - 20,000
Headquarters
Little Falls, New Jersey, United States
Established
1996
Company Registration
SEC CIK number: 0001169561
Net Income
20M - 100M
Revenue
500M - 1B
Traded as
CVLT
Social Media
Mon Feb 26 2024
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