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Commvault

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American software company

Commvault Systems, Inc.
Commvault
Company typePublic
IndustryInformation technology, software
Founded1996; 29 years ago (1996)
Headquarters,
U.S.
Key people
Sanjay Mirchandani (CEO &president)
RevenueIncreaseUS$996 million (2025)
DecreaseUS$74 million (2025)
DecreaseUS$76 million (2025)
Total assetsIncreaseUS$1.12 billion (2025)
Total equityIncreaseUS$325 million (2025)
Number of employees
3,300 (2025)
Websitecommvault.com
Footnotes / references
Financials as of March 31, 2025[update].[1]

Commvault Systems, Inc. is an American publicly tradedcybersecurity anddata protection software company. Commvault's services are used for data security,[2][3] as well as cloud and infrastructure management.

Commvault is headquartered inTinton Falls, New Jersey and has 29 offices globally, including those inBeijing,Shanghai,Mumbai,Dubai,Israel,France,Germany andBrazil.

History

[edit]

Commvault was originally formed in 1988 as a development group inBell Labs focused on data management, backup, and recovery; it was later designated a business unit ofAT&T Network Systems.[4][5] After becoming a part ofLucent Technologies, the unit was sold in 1996 and became a corporation, with Scotty R. Neal as CEO.[5]

In March 1998,Bob Hammer joined Commvault as chairman, president and CEO, and Al Bunte joined as vice president and COO.[5] In 2000, the company began releasing products aimed at managing network storage.[4] In March 2006, Commvault filed for aninitial public offering,[4] and officially went public later that year as CVLT onNASDAQ.[6] At the end of 2013, the company moved from its space inOceanport, New Jersey, to its new headquarters at the formerFort Monmouth inTinton Falls, New Jersey.[7]

On February 5, 2019, Sanjay Mirchandani replaced the retiring Hammer as president and CEO, and Nick Adamo was announced as chairman of the board.[8][9] Mirchandani joined Commvault fromPuppet, an Oregon-based IT automation company, where he served as CEO.[10]

Acquisitions

[edit]

On September 4, 2019, Commvault announced that it would acquire software-defined storage startup Hedvig, with the acquisition valued at $225 million.[8][11] The acquisition was completed in October 2019.[12]

On February 1, 2022, Commvault announced that it has acquired Israel based cyber security company TrapX.[13]

On April 16, 2024, Commvault announced the acquisition of Appranix, a company specializing in Cyber Recovery in cloud platforms.[14]

In September 2024, Commvault announced the planned acquisition of Clumio, which provides autonomous backup and recovery of cloud data; the acquisition is expected to close in October 2024, be funded with cash on hand, and be immediately accretive to ARR and revenue.[15]

In July 2025, Commvault announced intent to acquire Data and AI Security company Satori Cyber; the acquisition was completed on August 2025.[16]

Software and services

[edit]

Commvault's main product is a data protection platform that supports cloud, hyperscale, and other environments.[17][18] It is split into three packages including operational recovery, cyber recovery, and autonomous recovery.[19]

Commvault provides consulting services for customers, advising in the set-up of new data management systems from the architecture design to the implementation and monitoring. In the remote managed service, Commvault manages the software in production for their customers.[citation needed]

See also

[edit]

References

[edit]
  1. ^"Commvault Systems Inc. Annual Report (Form 10-K)".U.S. Securities and Exchange Commission. May 5, 2025.
  2. ^Moorhead, Patrick."Commvault Cloud Unifies Data Protection, Security, AI And Recovery".Forbes. RetrievedAugust 7, 2024.
  3. ^"Commvault expands, automates ransomware discovery tools | TechTarget".Data Backup. RetrievedAugust 7, 2024.
  4. ^abcShread, Paul (March 20, 2006)."CommVault Files for IPO".Enterprise Storage.
  5. ^abcMellor, Chris (December 1, 2015)."Commvault's Bob Hammer has his head in the clouds. Actually, that's a good thing".The Register.
  6. ^Raffo, Dave (January 30, 2019)."Commvault CEO Hammer says goodbye, prepares handoff".Tech Target.
  7. ^Diamond, Michael (September 30, 2016)."Commvault in Tinton Falls: How it beat the odds".Asbury Park Press.
  8. ^abGrant, Nico (September 4, 2019)."Commvault to Buy Hedvig for $225 Million to Jumpstart Growth".Bloomberg.
  9. ^High, Peter (February 5, 2019)."Former Puppet CEO Sanjay Mirchandani Named CEO Of Commvault".Forbes.
  10. ^Kovar, Joseph (February 5, 2019)."Commvault Hires Former Puppet Master Sanjay Mirchandani As New CEO".CRN.
  11. ^Kovar, Joseph (September 4, 2019)."Commvault To Acquire Hedvig In $225M Deal, Speeding Up Software-Defined Storage Vision".CRN.
  12. ^Adshead, Antony (October 16, 2019)."Commvault adds Metallic SaaS backup and Hedvig features".Computer Weekly.
  13. ^Mellor, Chris (September 22, 2022)."Commvault adds malware honeypots to Metallic".Blocks and Files. RetrievedMay 14, 2024.
  14. ^Kovar, Joseph F."Commvault Acquires Appranix In Cyber Resilience Move".www.crn.com. RetrievedMay 14, 2024.
  15. ^Mitchell, Sean (September 24, 2024)."Commvault to acquire Clumio to boost AWS data protection".SecurityBrief Australia. RetrievedSeptember 25, 2024.
  16. ^"Commvault Announces Intent to Acquire Data and AI Security Company Satori Cyber". July 24, 2025.
  17. ^Mellor, Chris (January 27, 2021)."Commvault Metallic BaaS puts stake in the ground with HyperScale X".Blocks and Files. RetrievedSeptember 3, 2024.
  18. ^Mellor, Chris (May 25, 2021)."Commvault polishes Metallic, dives deeper into SaaS and hybrid cloud with integrated product set".Blocks and Files. RetrievedSeptember 3, 2024.
  19. ^Preimesberger, Chris (August 9, 2019)."Commvault data storage product overview and insight".eWeek.
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