Commvault |

Commvault is a provider of data protection, information management and backup software for businesses.

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Commvault Revenue, Funding, Number of Employees, Competitors and Acquisitions

COMMVAULT CEO

N. Robert Hammer

Chairman & CEO

N. Robert Hammer

Approval Rating: 76/100

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Founded:

1988

Headquarters:

Tinton FallsNew Jersey

Status:

PublicNASDAQCVLT

Industry Sector:

Data Processing Services

Application Software

Completeness:

100%

KEY STATS

Revenue

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<1M

Employees

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TOP COMPETITORS

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Commvault was founded in 1988 and its headquarters is located in Tinton Falls, New Jersey, USA. Commvault has $687.4M in revenue and 2656 employees. Commvault's top competitors are Veeam, Datto and Unitrends.

Commvault Competitive Set

COMPANYLEADERSHIPCEO SCORE

EMPLOYEES
(ESTIMATED IF PRIVATE)

TOTAL FUNDING

REVENUE
(ESTIMATED IF PRIVATE)

LIKELY OUTCOME
CommvaultCommvault ceo

N. Robert Hammer

Chairman & CEO

76/100
1Veeam ceoVeeam

Andrei Baronov

Co-CEO

75/1002,405
$851.9M
2Datto ceoDatto

Austin McChord

Founder & CEO

74/1001,250$100M$50M
3Unitrends ceoUnitrends

Paul Brady

CEO

56/100364$953.8K$83.5M
4Code42 ceoCode42

Joe Payne

President & CEO

72/100483$138.1M$49.3M
5IBM Cloud Object Storage ceoIBM Cloud Object Storage

John Morris

President & CEO

61/100214$128.6M$34.8M
6Zerto ceoZerto

Ziv Kedem

Co-Founder & CEO

74/100654$124M$10M
7Barracuda Networks ceoBarracuda Networks

BJ Jenkins

President & CEO

76/1001,490$210.1M$372.5M
8Igneous Systems ceoIgneous Systems

Kiran Bhageshpur

CEO

53/10043$41.6M$1.2M

Commvault Revenue History

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Commvault Employee History

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Commvault Leadership

NAMETITLESOCIAL MEDIA
N. Robert Hammer
N. Robert Hammer

Chairman & CEO

Chairman & CEO

Commvault Funding History

Since Commvault was founded in 1988, it has participated in 1 round of funding. In total Commvault has raised $161.1M. Commvault's funding round was on Sep 2006 for a total of $161.1M

ROUNDFUNDING DATE AMOUNTINVESTORS
IPOSep 2006$161.1M

Total: $

Commvault News

Commvault: Commvault gets a new partner in LebanonEnterprise data management vendor Commvault announced the appointment of SETS as the new authorized partner in Lebanon as the company initiates its plan to expand into newer markets. With this new tie-up, Commvault will be able to address customers across Lebanon and the Levant region. Shady Saba, Regional Director, Levant & Turkey at Commvault, said: "As we continue to deliver customers the industry's best data protection offerings we are also expanding our partner relationships to bring our solutions to new markets [...]The post Commvault gets a new partner in Lebanon appeared first on Channel Post MEA.Channel Post MEA
Commvault: Commvault 'Doubling Down' on Indirect Business GloballyCommvault, on a mission to expand its worldwide indirect sales business, selected Owen Taraniuk to lead the effort.MSPmentor
Commvault: Commvault's powerful new hyperconverged infrastructure simplifies data managementThere's an increasing awareness of and focus on secondary data serving more uses to the business, rather than simply being an insurance policy.Channel Life
Commvault: Commvault's New Head Of Worldwide Partnerships Discusses His New RoleOwen Taraniuk describes where Commvault is heading next with partners and customers in the data protection market.The post Commvault's New Head Of Worldwide Partnerships Discusses His New Role appeared first on ChannelE2E.ChannelE2E
Commvault: COMMVAULT SYSTEMS, INC. (NASDAQ:CVLT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officersthe Board of Directors of Commvault Systems, Inc. (Commvault) appointed Vivie (“YY”) Lee as a Class II Director of Commvault, to hold office until Commvault’s 2018 Annual Meeting of Stockholders. Upon appointment to the Commvault Board of Directors, YY Lee received an annual director retainer consisting of cash and restricted stock units, each in accordance with Commvault’s non-employee director compensation policy, prorated to reflect her partial year term as a director. Commvault’s non-employee director compensation policy is described under the heading “Director Compensation” on pages 35 and 36 of Commvault’s proxy statement for its 2017 Annual Meeting of Stockholders, as filed with the SEC on July 5, 2017, and is hereby incorporated by reference herein.Market Exclusive
Commvault: BRIEF-Commvault Says YY Lee Appointed To Board Of Directors* COMMVAULT SYSTEMS INC - ‍WITH ADDITION OF LEE, COMMVAULT BOARD HAS EXPANDED TO 11 MEMBERS Source text for Eikon: Further company coverage:Reuters
Commvault: Commvault powers new HPE GreenLake backup service(Telecompaper) Commvault announced that its Commvault Data Platform has been selected by Hewlett Packard Enterprise (HPE) to power its new HPE GreenLake Backup service...Telecompaper
Commvault: Commvault CMO brings data protection message to the South Pole in 2041 Foundation expeditionCommvault CMO Chris Powell is probably used to navigating the slush and icy roads during the typical winter months, but his recent expedition to the South Pole was a matter of getting used to the whiteouts and "snow quakes." When you're skiing over the snow, for example, ice crystals that have formed over time routinely [...]B2B News Network
Press Release: Commvault : Free Research Report as Commvault Delivered Record Quarterly RevenuesStock Monitor: Mitek Systems Post Earnings Reporting LONDON, UK / ACCESSWIRE / January 31, 2018 / Active-Investors.com has just released a free earnings report on Commvault Systems, Inc. (NASDAQ: CVLT) ("Commvault"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=CVLT. Commvault posted its third quarter fiscal 2018 (Q3 FY18) financial results on January 24, 2018. The leading data and information management software provider's revenue grew 7.96% on a y-o-y basis. Register today and get access to over 1,000 Free Research Reports by joining our site below:www.active-investors.com/registration-sgActive-Investors.com is currently working on the research report for Mitek Systems, Inc. (NASDAQ: MITK), which also belongs to the Technology sector as the Company Commvault Systems. Do not miss out and become a member today for free to access this upcoming report at:www.active-investors.com/registration-sg/?symbol=MITKActive-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Commvault Systems most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:www.active-investors.com/registration-sg/?symbol=CVLT Earnings Highlights and SummaryDuring the third quarter of the fiscal year 2018, Commvault posted net sales of $180.37 million compared to net sales of $167.06 million in Q3 FY17, reflecting an increase of 7.96%. Commvault's sales growth was primarily backed by its segments revenue growth. The Company's subscription-based pricing models, which represents 20.00% of the its Software revenue, made excellent progress. The Company's revenue numbers missed analysts' estimates of $182.80 million.Commvault's gross profit was $155.41 million in Q3 FY18 compared to $145.90 million in Q3 FY17, increasing 6.52% on a y-o-y basis. The Company's selling, general, and administrative expenses (SG&A) amounted to $20.39 million in the reported quarter compared to $21.61 million in the year ago same period, decreasing 5.66% on a y-o-y basis. The Company's operating income was $3.48 million in Q3 FY18 compared to $3.84 million in Q3 FY17, decreasing 9.47% on a y-o-y basis.Commvault's net loss was $58.95 million in the reported quarter compared to net income of $1.96 million in Q3 FY17. The Company's loss per share was $1.30 in Q3 FY18 compared to earnings per share (EPS) of $0.04 in the third quarter of the previous fiscal year. The decline was attributed to the recent enactment of the Tax Cuts and Jobs Act, incurring a tax expense of approximately $59.00 million in the reported quarter.Commvault's adjusted net income was $14.10 million in Q3 FY18, compared to $14.96 in Q3 FY17, reflecting a decrease of 5.77%. Adjusted earnings of the Company were $0.30 in the reported quarter, compared to $0.32 in Q3 FY17, decreasing 6.25% on a y-o-y basis. The Adjusted earnings numbers fell short of analysts' estimates of $0.31 per share.Commvault's Segment DetailsCommvault has two business segments, namely: (i) Software and Products, and (ii) Services.The Software and Products segment reported net sales of $81.44 million in Q3 FY18 compared to $78.66 million in Q3 FY17, reflecting a growth of 3.54% compared to the year ago same period. The growth was driven by an increase in EMEA enterprise revenue transactions. The segment's cost of revenue was $1.23 million in Q3 FY18 compared to $0.77 million in Q3 FY17, increasing 59.84% on a y-o-y basis.The Services segment posted net sales of $98.92 million in Q3 FY18 compared to $88.41 million in Q3 FY17, increasing 11.90% on a y-o-y basis. The segment's cost of revenue was $23.72 million in Q3 FY18 compared to $20.39 million in Q3 FY17, increasing 16.32%.Cash MattersAs on December 31, 2017, Commvault had cash and cash equivalents of $314.49 million compared to $316.41 million as on December 31, 2016. The Company's cash inflow from operating activities was $31.21 million in the reported quarter compared to a cash inflow of $26.77 million in Q3 FY17.During the reported quarter, the Company invested $80.10 million to repurchase approximately 1.50 million shares of common stock. On January 17, 2018, Commvault's Board of Directors extended the expiration date of the share repurchase program to March 31, 2019 and authorized a $100.0 million increase to the existing share repurchase program, with $133.7 million available as of the date of earnings release. Stock Performance SnapshotJanuary 30, 2018 - At Tuesday's closing bell, Commvault Systems' stock declined 1.65%, ending the trading session at $53.80.Volume traded for the day: 690.36 thousand shares, which was above the 3-month average volume of 472.63 thousand shares.Stock performance in the last month - up 2.48%; previous three-month period - up 4.77%; past twelve-month period - up 7.92%; and year-to-date - up 2.48%After yesterday's close, Commvault Systems' market cap was at $2.44 billion.The stock is part of the Technology sector, categorized under the Application Software industry.Active-Investors:Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.A-I has not been compensated; directly or indirectly; for producing or publishing this document.PRESS RELEASE PROCEDURES:The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.NO WARRANTYA-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.NOT AN OFFERINGThis document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.CONTACTFor any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: info@active-investors.comPhone number: 73 29 92 6381Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, MalaysiaCFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.SOURCE: Active-InvestorsAccesswire
Commvault: Fujitsu launches new Reference Architecture for Commvault HyperScale SoftwareFujitsu launched its new Fujitsu Reference Architecture for Commvault HyperScale Software, a new data protection solution based on pre-tested configurations andTechnuter

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Commvault Website History

Screengrabs of how the Commvault site has evloved. (Click to expand)

Commvault website history

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Nov 2016

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May 2016

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Oct 2015

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Feb 2015

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Nov 2014

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Aug 2014

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May 2014

Owler has collected 11 screenshots of Commvault's website since May 2014. The latest Commvault website design screenshot was captured in Feb 2017.

Commvault Headquarters

undefined company logo

1 Commvault Way

Tinton Falls, New Jersey 07724

732-728-5310

Driving Directions

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Commvault Summary Information

Commvault Systems, Inc. (NASDAQ: CVLT) provides data management software applications and related services. It was formed in 1988 as a development group in Bell Labs, and later became a business unit of AT&T Network Systems. It was incorporated in 1996 and headquartered in Tinton Falls, New Jersey with 2,287 employees. It provides data management software applications and related services. It develops, markets, and sells a suite of data management software applications designed to protect and manage data throughout its lifecycle. Its data protection and information management solutions provide mid- and enterprise-level organizations worldwide with a significantly better way to get value from their data. All of the applications in its end-to-end data protection and information management solutions offer flexible deployment options and are built from the ground up, on the same platform. As a result, they talk to each other, work with each other and look like each other. CommVault is there to help companies protect, access and use all of their data, anywhere and anytime, turning data into a powerful strategic asset. It makes it simple to make sure all customer data is protected and secure. Virtual native format with full indexing means you're searching the actual content, and guarantees the most immediate availability in the industry. It produces, retrieves and reviews all discoverable information, on demand so there is no need to wait for a long time. Users can also get control with secure enterprise file sharing and data access anytime and anywhere. Its product called Simpana has been listed as a leader in the Gartner Magic Quadrant for Enterprise Backup/Recovery Software. Its partners include technology vendors, such as ComSource, Bull, Coraid, Dell, Fujitsu Technology Solutions, HP, Hitachi Data Systems, Microsoft, NetApp, Oracle and VMware. CommVault went public for $161.1 million on September 22, 2006. Its top competitors include Veeam Software AG, which develops products for backing up and managing vSphere and Hyper-V virtual environments; Symantec Corp., which provides security, storage and system management solutions; and Emc Corp., a provider of Information Technology storage hardware solutions for data backup, recovery and cloud computing. N. Robert Hammer is the CEO of CommVault and he has a 95% approval rating on Owler.

Commvault's Chairman & CEO, N. Robert Hammer, currently has an approval rating of 76%. Commvault's primary competitors are  Veeam Datto Unitrends.

Visit the Commvault website to learn more.