Commvault Systems, Inc.
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in mil. unless spec.Company Description
- CEO
- Sanjay Mirchandani
- Full Time Employees
- 3,300
- Sector
- Technology services
- Industry
- Packaged software
- Address
- 1 Commvault Way Tinton Falls NJ United States 07724
- IPO Date
- Sep 22, 2006
- CIK
- 0001169561
- Website
- commvault.com
- Similar Companies
- Business
- Commvault Systems, Inc. (NASDAQ: CVLT) develops and provides cyber resilience and data protection platforms for enterprises worldwide. Founded in 1996 and headquartered in Tinton Falls, New Jersey, the company offers Commvault Cloud, a unified, AI-enabled, cloud-native platform that integrates data security, identity resilience, cyber recovery, backup and recovery, disaster recovery, operational recovery, autonomous recovery, and complete data protection across cloud, SaaS, hybrid, on-premises, hyperscale, and edge environments; Metallic SaaS backup solutions for workloads including VMs, databases, Kubernetes, and SaaS applications like Microsoft 365; HyperScale Edge for remote locations and HyperScale Flex for high-performance workloads; Clumio for Apache Iceberg on AWS providing air-gapped resilience for AI data lakehouses; consulting services for data management architecture design, implementation, and monitoring; remote managed services; professional support; and technology alliances such as integration with BeyondTrust Password Safe for credential risk mitigation. Commvault operates globally through offices in the Americas, Europe, Middle East and Africa (EMEA), Asia Pacific and Japan (APJ), including key locations in the United Kingdom and India, serving large enterprises, mid-market businesses, public sector organizations, and government agencies via direct sales and a network of distributors, value-added resellers, systems integrators, and OEMs. Recent developments include the April 2024 acquisition of Appranix for cloud cyber recovery; the October 2024 acquisition of Clumio for $47 million to enhance AWS cloud data protection and SaaS capabilities; the August 2025 completion of the Satori Cyber acquisition to bolster data and AI security with discovery, classification, policy management, LLM monitoring, and access controls; a $750 million convertible senior notes offering for growth and financial flexibility; surpassing $1 billion in total annualized recurring revenue in Q2 fiscal 2026 with 30% subscription ARR growth to $894 million; and new product launches including Clumio for Apache Iceberg and HyperScale appliances.
Company News
CommVault Systems, Inc. $CVLT Shares Newly Acquired by CWA Asset Management Group LLC
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Commvault Systems: Buy The Business, Respect The Print
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Commvault Announces Second Quarter Fiscal Year 2027 Earnings Release Date
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