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Commvault

Commvault Systems, Inc. is an publicly traded that develops and provides and data protection platforms for enterprises worldwide. Founded in 1996 as a from and incorporated in , the company is headquartered in , and employs approximately 3,300 people globally as of 2025. Commvault's core offering, Commvault Cloud, is an AI-powered, SaaS-based platform designed to simplify data backup, , , and across on-premises, , and multi-cloud environments, with features including zero-trust , immutable , and automated detection to combat and cyber . The platform serves thousands of organizations worldwide, holds more than 1,500 patents as of 2025, and was named a Leader in the 2025 for Enterprise Backup and Recovery Software Solutions. Under the leadership of CEO Sanjay Mirchandani since 2019, Commvault has expanded its focus on cyber recovery and resilience, emphasizing sustainable practices such as LEED-certified data centers that have avoided over 155,000 kg of CO2 emissions as of 2025. The company trades on under the ticker CVLT and continues to innovate in data activation for AI-driven insights while prioritizing global environmental and .

Company overview

Founding and operations

Commvault traces its origins to 1988, when it was established as a specialized development group within Bell Labs, initially focused on advancing and backup technologies to meet the emerging needs of amid the late expansion. This group was later designated as a of Network Systems, laying the groundwork for innovative solutions in during a period of rapid technological growth in data handling and storage. In 1996, the group was spun off from AT&T Bell Labs and incorporated as Commvault Systems, Inc., a Delaware corporation, with its initial headquarters located at 2 Crescent Place in Oceanport, New Jersey, USA. The company relocated its headquarters in 2014 to a new facility at 1 Commvault Way in Tinton Falls, New Jersey, where it continues to operate as of 2025. As of March 31, 2025, Commvault employs approximately 3,300 people worldwide, with 37% based in the United States and the remainder distributed internationally. Commvault maintains a global operational footprint spanning multiple continents, including offices across the , , and the Asia-Pacific region, supporting its emphasis on hybrid cloud environments that integrate on-premises and -based data infrastructures. With 29 locations worldwide, the company facilitates enterprise-level data protection and management services tailored to diverse geographic and technological landscapes. This international presence enables Commvault to address the complexities of hybrid cloud operations, ensuring scalable solutions for data resilience in distributed environments.

Business focus and market position

Commvault specializes in delivering solutions, encompassing backup, , and software tailored for environments across , multi-cloud, and on-premises infrastructures. The company's enables organizations to protect critical from threats, ensure business continuity, and automate processes, addressing the escalating demands of modern IT landscapes. The firm's revenue model centers on a subscription-based software-as-a-service () offering through Commvault Cloud, alongside perpetual and term licensing options, with additional income derived from and contracts. This hybrid approach supports recurring revenue streams, including subscriptions and utility-based software, which accounted for a significant portion of total billings in recent quarters. In the data protection industry, Commvault holds a strong market position, recognized as a Leader in the 2025 for Backup and Data Protection Platforms for the 14th consecutive year. The company emphasizes AI-driven security features, advanced protection, and multi-cloud to counter rising s, integrating threat scanning and automated recovery to enhance . Financially, Commvault reported $276 million in for the second quarter of 2026, reflecting 18% year-over-year growth, and trades on the under the CVLT.

History

Origins and early development

Commvault's technological foundations were laid in 1988, when it originated as a development group within , a division of , dedicated to advancing , backup, and recovery technologies. This early effort addressed the growing demands of enterprise in an era dominated by mainframe systems, producing initial tools for efficient data archiving and protection. By the mid-1990s, the group had evolved into an Network Systems , focusing on innovative solutions for environments. In 1996, it transitioned to independence through a , incorporating as a software-focused entity in and shifting from hardware-dependent tools to a more modular, platform-agnostic architecture. This structure featured core components such as software for data capture, movement software for transfer and deduplication, and command-and-control systems for , enabling scalable management across diverse platforms. A pivotal came with the launch of the Galaxy platform in early 2000, which integrated storage management functions to support unified and in distributed, multi-vendor settings. Under early leaders Bob Hammer, who joined as president and CEO in 1998, and co-founder Al Bunte, who served as , the company emphasized this software-centric approach to meet scalability needs during the late explosion.

Expansion and public listing

In 2006, Commvault completed its (IPO) on the stock exchange under the ticker symbol , with shares priced at $14.50. The IPO raised net proceeds of approximately $80.2 million after underwriting discounts, which the company allocated toward global expansion, , and general corporate purposes. This financial milestone provided the capital necessary to scale operations beyond its early U.S.-focused roots in software, enabling investments in international infrastructure and during a period of rapid growth in enterprise backup needs. Following the IPO, Commvault experienced significant revenue expansion, with total revenues reaching about $109.5 million in 2006 and growing to $711 million by 2019. This growth was fueled by increasing adoption among large enterprises, particularly in sectors requiring robust such as and healthcare, where and recovery demands drove demand for unified solutions. Concurrently, the company advanced its product lineup with the release of the Simpana platform in 2008, which integrated , archiving, and replication functionalities into a single management console, simplifying operations across heterogeneous environments. During the mid-2000s, Commvault accelerated its international presence by establishing subsidiaries in key regions, including (such as and the ) and , to better serve multinational clients with localized support and distribution channels. This expansion aligned with the company's to broaden its global footprint, as outlined in post-IPO filings emphasizing increased distribution in , , and to capitalize on emerging markets for software. By the early , these efforts contributed to sustained revenue momentum, positioning Commvault as a key player in enterprise data protection worldwide.

Recent strategic developments

In 2019, Commvault underwent a significant leadership transition with the appointment of Sanjay Mirchandani as President and Chief Executive Officer in February, succeeding Bob Hammer who retired after over two decades at the helm. Under Mirchandani's guidance, the company pivoted its strategy toward cloud-native architectures and subscription-based models to better align with evolving customer demands for scalable, as-a-service data protection solutions. This shift emphasized recurring revenue streams, with subscription annual recurring revenue (ARR) becoming a key growth driver, reflecting a broader industry move away from perpetual licenses. Building on this foundation, Commvault launched its cloud-focused offerings in 2021 through expansions of the Metallic SaaS platform, introducing backup-as-a-service (BaaS) solutions tailored for hybrid cloud environments, including support for Kubernetes and other modern workloads. This initiative marked a deeper commitment to SaaS delivery, enabling seamless data protection across on-premises, multi-cloud, and edge scenarios while integrating AI capabilities for enhanced automation. By 2023, these efforts culminated in the formal introduction of Commvault Cloud, a unified platform powered by Metallic AI, further solidifying the company's cloud-native strategy. Amid surging ransomware attacks following the 2020 global spike, Commvault intensified investments in , particularly AI-powered threat detection to preemptively identify anomalies in backup data. Features like Threat Scan and ThreatWise, leveraging for early ransomware indicators, were rolled out to bolster proactive defense, reducing detection times and enabling air-gapped recoveries. Commvault expanded its ecosystem integrations by 2023, deepening partnerships with major cloud providers such as (AWS) and to facilitate workload migrations and native protections. These collaborations included AWS ISV Workload Migration Program participation and enhanced Azure support for cyber recovery orchestration. In 2025, Commvault achieved notable industry recognition, securing the highest rankings in five of six use cases in the Critical Capabilities for Backup and Data Protection Platforms report, underscoring its strengths in execution and vision for enterprise solutions. Financially, the company issued optimistic FY2026 guidance, projecting subscription ARR growth of 24-25% and total ARR expansion of 18-19%, signaling sustained momentum exceeding 20% in key revenue metrics amid strong adoption.

Products and services

Core data protection platform

Commvault's core data protection , Commvault Cloud, serves as an integrated designed for , , and comprehensive across on-premises, , and environments. This unifies data protection operations through a single code base, enabling organizations to safeguard diverse data estates while optimizing storage and processes. It supports scalable deployments, including petabyte-scale workloads via integrated solutions like HyperScale Flex, which facilitates high-performance and for large datasets. Key features of the platform include advanced deduplication and to reduce backup times and storage requirements by eliminating redundant data, alongside certified to secure and at rest. Automated ing capabilities enable efficient content search and eDiscovery, allowing users to index and retrieve specific data elements across vast repositories. These elements contribute to handling petabyte-scale data efficiently, with policy-driven that schedules and orchestrates backups based on predefined business rules. The platform supports a wide array of workloads, including relational databases such as and , virtualization environments like and Microsoft Hyper-V, and various file systems across operating systems. This broad compatibility ensures seamless protection for enterprise applications, virtual machines, and without requiring multiple point solutions. Architecture-wise, it relies on a centralized , the CommServe server, for and , providing a unified console for managing all protection activities. Over time, the platform has evolved from traditional legacy tools to an API-first design, incorporating architecture for enhanced scalability and integration with workflows. This shift allows for programmatic control and automation, enabling seamless embedding into modern IT ecosystems while maintaining with established environments. On November 12, 2025, Commvault released Commvault Cloud Unity, a next-generation update to the platform that unifies , cyber , and across cloud, , on-premises, and hybrid environments. Key enhancements include AI-enabled data discovery and classification, synthetic for faster post-cyberattack restores, and threat detection in systems like . This builds on Commvault Cloud by integrating capabilities from recent acquisitions such as Satori Cyber, with parts of the release available in late 2025 and further rollouts into early 2026.

Cyber resilience and cloud solutions

Commvault's Metallic SaaS platform provides managed backup and recovery services tailored for small and medium-sized businesses (SMBs), incorporating advanced features such as ransomware air-gapping and immutable storage to enhance data protection against cyber threats. This platform, now integrated into Commvault Cloud, enables automated, policy-driven backups with isolated, unalterable data copies stored in the cloud, ensuring quick recovery while minimizing exposure to ransomware attacks. The company's solutions leverage integration for and automated recovery workflows across multi-cloud environments, including AWS, , and . -powered tools scan for unusual patterns in data access and performance, flagging potential security issues like infiltration before they escalate. Automated recovery processes validate clean recovery points and orchestrate restores, reducing downtime in hybrid setups by intelligently prioritizing and sequencing workload recoveries. These capabilities extend to deep integrations with major providers, allowing seamless protection of virtual machines, databases, and applications without . Following its 2025 acquisition of Cyber, Commvault has incorporated real-time data access controls and compliance features into its platform, particularly for AI workloads. 's agentless technology enforces granular policies on data flows, monitoring and securing access to structured and used in AI and , while ensuring adherence to standards. This provides visibility into and usage, preventing unauthorized exposure in dynamic AI environments and supporting secure across teams. Commvault's cloud resilience offerings include orchestration and features for , such as alignment with GDPR and CCPA requirements. The platform automates and failback processes, coordinating recovery across on-premises and resources to maintain business continuity during outages or attacks. Built-in tools help organizations retain data within jurisdictional boundaries and access for regulatory reporting, reducing risks in global operations. In high-risk sectors like , Commvault applies these capabilities to enable zero-trust data protection, where no entity is automatically trusted and all access is verified continuously. use the platform to safeguard sensitive and against s and external breaches, incorporating immutable backups and AI-driven threat scanning to align with stringent industry standards like PCI DSS. This approach has supported rapid recovery in simulated attack scenarios, ensuring minimal operational disruption for critical workloads.

Professional and support services

Commvault offers a range of designed to assist customers in architecting, implementing, and optimizing their environments. These include services that create tailored solutions for needs, implementation support for low-risk deployments in collaboration with IT teams, and services employing proven methodologies for transitioning to environments. Additionally, health assessments provide an independent evaluation of existing strategies to identify gaps and improvement opportunities. The company provides through Managed Services, which involve of customers' data protection environments by Commvault experts to ensure security, reliability, and efficiency on a global scale. These services, often delivered via authorized partners, include 24/7 monitoring for proactive issue detection and rapid incident response to address cyber threats, such as through recovery testing in isolated environments. Training programs are available to equip IT administrators with skills for platform deployment and management, featuring resources like the Readiverse Academy for cyber resilience insights, interactive workshops on attack response, and video series on core topics. Certification paths include the Cyber Resilience Certification for strategic readiness and the Commvault Engineer Certification, which covers Command Center operations and is recommended for SaaS deployments, with two tracks for different console users. These offerings also provide continuing professional education credits through partnerships like ISC². Support services are structured in tiers to meet varying needs, with Standard Support offering case-based assistance during (Monday-Friday, 7 a.m. to 7 p.m. local time) and 24/7 access to a portal for updates and . Premium Support extends this to 24/7/365 direct access to the Center, ideal for mission-critical operations. For localized delivery, Commvault Authorized Support Partners () provide business-hour or 24/7 support with escalation to Commvault, including health checks and faster resolutions in local languages. Post-sales enablement is facilitated through Commvault Cloud Success Services, tiered as Foundational, , and to maximize value. These include proof-of-concept guidance via dedicated managers, quarterly ROI analysis with performance metrics, and implementation support such as expedited , proactive , and credits up to 25% for clients.

Acquisitions and partnerships

Major acquisitions

Commvault has pursued a strategic acquisition program to bolster its and cloud-native data protection offerings, completing four major deals by 2025 that integrate advanced technologies for distributed , application , autonomous , and AI-driven security. This approach accelerates innovation in hybrid environments by embedding acquired capabilities into Commvault's core platform, enabling faster from cyber threats and enhanced governance across multi-cloud deployments. In September 2019, Commvault acquired Hedvig, a provider of software-defined distributed storage, to expand its capabilities in cloud-native backup and scale-out . The integration of Hedvig's technology introduced flexible, elastic storage solutions that support secondary storage for backups, allowing Commvault to compete more effectively in software-defined infrastructure markets and simplify data protection for diverse workloads. This move marked Commvault's entry into primary storage innovation, broadening its addressable market beyond traditional backup to include hyper-converged and cloud-scale environments. Commvault acquired Appranix in April 2024, a cyber resilience specialist focused on automated application , to address the challenges of rapid rebuilding after or outages in cloud-native setups. Appranix's technology enables of entire applications, including configurations and dependencies, reducing downtime from days to hours for enterprises reliant on AWS, , and . Strategically, this acquisition enhances Commvault's portfolio by automating resilience testing and orchestration, positioning the company as a leader in proactive protection against evolving threats. In September 2024, Commvault announced its acquisition of Clumio, enhancing its autonomous data protection for AWS workloads with SaaS-based backup and recovery features tailored for cloud-native applications. The deal was completed in October 2024. Clumio's platform provides policy-driven, air-gapped protection that isolates data from production environments, improving recovery point objectives and supporting compliance in regulated industries. The deal strengthens Commvault's multi-cloud strategy by integrating Clumio's AWS expertise, enabling seamless extension of cyber resilience to virtual machines, databases, and S3 storage while optimizing costs through intelligent data tiering. Commvault announced its intent to acquire Cyber in July 2025, closing the deal in August 2025, to incorporate access controls and into its security framework. 's solutions provide fine-grained visibility and policy enforcement for sensitive data across cloud databases and models, mitigating risks from unauthorized access and ensuring compliance with regulations like GDPR and HIPAA. This acquisition advances Commvault's platform by fusing data protection with security controls, enabling enterprises to secure -driven workloads in hybrid environments and reducing the for emerging threats like .

Key strategic partnerships

Commvault has established a robust network of strategic partnerships to enhance its offerings, focusing on integrations with providers, hardware vendors, and channel ecosystems. These alliances enable seamless across and multi- environments, leveraging complementary technologies for optimized , , and . In October 2025, Commvault deepened its partnership with (HPE) through a (MoU) signed at , emphasizing enhanced and on the HPE GreenLake platform. This collaboration integrates Commvault's software with HPE's infrastructure, including Alletra Storage MP, StoreOnce, and Software, to deliver joint go-to-market activities, technical enablement, and training for addressing cyberthreats in the and beyond. The partnership builds on prior integrations to provide scalable, as-a-service resilience for multi- deployments. Commvault maintains deep integrations with major hyperscalers for native solutions. Through Clumio by Commvault, it offers agentless, serverless protection for AWS services such as S3 , DynamoDB databases, RDS relational databases, and EC2/EBS instances, enabling immutable backups, rapid recovery, and cost optimization exceeding 30% in some cases. Similarly, Commvault Cloud provides API-based for , covering workloads like , AI stacks, and SaaS applications with zero-trust architecture, air-gapped isolation, and automated migration to for streamlined hybrid protection. Collaborations with hardware vendors optimize storage and performance for Commvault's solutions. In August 2025, Commvault launched HyperScale Edge and Flex appliances in partnership with , HPE, , and , supporting edge locations, SMBs, and large-scale AI workloads through modular, high-performance flash storage pools for localized recovery and ransomware defense. Specifically, the HyperScale Flex integration with Pure Storage's FlashBlade enables enterprise-grade with rapid in minutes, validated for compliance under regulations like . Commvault's channel partnerships with resellers and managed service providers (MSPs) facilitate global distribution and service delivery, with expansions in 2025 enhancing ecosystem reach. Key allies include global systems integrators such as and for end-to-end implementations, alongside MSP-focused programs that enable partners to deliver as-a-service data protection. These efforts, including new enablement tools and marketplace integrations, support broader adoption in regions like the and support MSP revenue growth through cloud-optimized offerings. Following the acquisition of Satori Cyber in August 2025, Commvault has pursued joint innovations in security through co-developments with cybersecurity firms, integrating 's data governance capabilities to secure AI-driven data flows, alongside a September 2025 alliance with for privileged access management in backups, reducing risks from human and non-human identities. These synergies from the Satori integration extend Commvault's platform for compliant usage across multi-cloud setups.

Leadership and governance

Executive team

Sanjay Mirchandani has served as President and of Commvault since , leading the company's transformation into a leader through significant investments in research and development, the launch of a rapidly scaling business, and expansions in cloud-first offerings via strategic acquisitions. Prior to joining Commvault, Mirchandani was CEO of , where he expanded the user base to over 40,000 companies including 75% of 100, and held senior roles at , , and , focusing on cloud strategy and enterprise software solutions. He holds an MBA from the and a in mathematics from . Jen DiRico serves as , appointed in August 2024, where she drives long-term growth initiatives, including subscription revenue expansion that contributed to Commvault's total annual recurring revenue (ARR) surpassing $1 billion ($1.043 billion) ahead of schedule in fiscal year 2026. Under her leadership, the company reported 18% overall revenue growth in Q2 FY2026, with subscription ARR increasing 30% year-over-year to $894 million, fueled by adoption. DiRico brings over a decade of experience scaling finance and operations in high-growth tech environments, previously serving in executive roles at , including as Senior Vice President and General Manager of International. Rajiv Kottomtharayil is , overseeing the development of Commvault's protection platform and innovations in -driven security features, such as real-time data controls integrated through recent acquisitions like Satori Cyber. His work emphasizes enhancing for and modern data platforms, contributing to the company's focus on securing distributed environments. Kottomtharayil holds a in from and a in from Bombay . Alan Atkinson was appointed Chief Business Development Officer in July 2025, leading strategic technology and go-to-market alliances to foster co-development and partnerships that support Commvault's subscription growth and ecosystem expansion. A Commvault veteran since 2022 in partner leadership roles, Atkinson previously held senior sales positions at . Michelle Graff joined as Senior Vice President of Global Partners and Channel in July 2025, directing partner sales, reseller programs, and alliances to drive co-innovation and revenue growth in cloud environments. With more than 25 years in channel strategy, Graff previously served as VP of Global Channel Sales at Securiti.ai and held executive positions at , , and . The executive team collectively emphasizes AI integration, enhanced security measures, and accelerating subscription-based models, positioning Commvault to address evolving cyber threats and data management needs in cloud and AI-driven landscapes.

Board of directors

Commvault's Board of Directors comprises nine members as of November 2025, tasked with overseeing the company's strategic direction, ethical operations, and long-term value creation for stakeholders, including the review and approval of major acquisitions and partnerships. Nicholas Adamo serves as Chairman, offering expertise in finance and technology governance drawn from his prior role as Senior Vice President of sales for The Americas at Systems, where he managed over $26 billion in annual revenue, along with current board positions at companies such as Lookout and . Other key directors include Martha Helena Bejar, who brings insights on technology ethics and diversity from her experience as CEO of Red Bison Advisory Group and board service at ; Keith Geeslin, contributing acumen as a partner at with prior investments in tech firms like ; YY Lee, providing global market perspectives from her tenure as at and executive roles at ; and Charles Moran, adding business leadership and compliance knowledge from founding and serving as CEO of . In a recent development, cybersecurity executive Geoff Haydon joined the board effective October 17, 2025, enhancing its focus on managed detection and response (MDR) and operational profitability; Haydon, former CEO of Ontinue, guided the company to profitability in 2025 and brings over 30 years of experience from roles at , , and , while also serving on the Audit Committee. The board's diverse composition underscores Commvault's emphasis on cybersecurity, , and international expansion, with members collectively guiding strategic initiatives such as the August 2025 acquisition of Satori Cyber to bolster data and AI security and the June 2025 expansion of the partnership with for integrated solutions across hybrid environments.

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