Veeam Software Corp. had a busy year in 2020. It was bought by private equity firm Insight Partners in a multibillion-dollar deal and strengthened its position in data management across hybrid clouds. In 2021, the company is continuing with its “big enterprise push.”

In addition to maintaining relevant growth, which is the watchword of Veeam’s new management team, the company has plans for an IPO and to make future acquisitions, according to Bill Largent (pictured, left), chief executive officer of Veeam.

“You’ll see us do both of those in the future; [it’s] very important,” he said. “Without being too predictive, I would say hopefully that’s something you will see in the IPO side in the next 12, 24 months, a run like that.”

Largent and Jim Kruger (pictured, right), chief marketing officer of Veeam, spoke with Dave Vellante, host of theCUBE, SiliconANGLE Media’s livestreaming studio, during VeeamON. They discussed what Veeam expects for the coming year, some of the main areas of growth and how the company’s solutions protect against ransomware attacks. (* Disclosure below.)

Opportunities in the Kubernetes space

Known for traditionally growing organically, Veeam changed its course in October last year when it bought Kasten, which focuses on data backup, disaster recovery and mobility for Kubernetes. In the future, an IPO may boost merger and acquisition activities, according to Largent.

“It gives us that bigger currency versus just cash,” he said. “It gives us that stock currency to use on M&A activities.”

To increase revenues, Veeam sees great opportunities with Kasten in Kubernetes. “That’s a huge market expansion for us in an evolving marketplace,” Largent said. “Our goal was, “Let’s be that thought leader, let’s get the best technology that’s out there, and then you’ll see us execute really well on the sales side.’”

In the public cloud, Veeam will keep expanding its offerings to Azure, AWS and Google. “We’re continuing to bring those up to speed in a sense of size, because there’s this tremendous future,” Largent said.

Although Veeam is not a security company, its solutions allow businesses to recover from ransomware attacks. Therefore, this is also an area of market opportunity.

“That’s obviously a hot topic in the marketplace, and we have some great differentiators,” Kruger explained. “That’s part of why we’re seeing the strong growth in v11 focused on ransomware, but over 200 new features and capabilities that we have brought to market to make it easier for our customers.”

The solutions have three key pillars around simplicity, flexibility and reliability, according to Kruger.

“We’re seeing great traction there, and that’s definitely an area that we’re focused on,” he said. “And some of the capabilities give you, if you do run into that situation, the capability to recover quickly, not have to pay a ransom and keep your business running, which is a key focus for us across all of our 400,000-plus customers.”

Here’s the complete video interview, part of SiliconANGLE’s and theCUBE’s coverage of VeeamON. (* Disclosure: TheCUBE is a paid media partner for VeeamON. Neither Veeam, the sponsor of theCUBE’s event coverage, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE