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Object First
S3-compatible backup storage appliance designed for Veeam and created for midsize enterprises with constrained IT
About Object First
Object First is a company that specializes in object storage solutions for the backup and recovery industry. The company was founded by Veeam co-founder Ratmir Timashev and former Veeam executive David Rogov, and it is dedicated to providing on-premises backup storage that is specifically tailored for Veeam Backup & Replication software.
The company's main offering is an appliance that delivers a secure, simple, and powerful on-premises object storage solution. This appliance is designed to be ransomware-proof, providing immutable storage that protects data from being altered or deleted by malicious attacks. This is a critical feature for businesses looking to safeguard their data against the growing threat of ransomware.
Object First's business model revolves around selling this hardware appliance to mid-sized enterprises that use Veeam for their data protection needs. The target market includes organizations that require fast, reliable, and secure backup and recovery capabilities without the complexities and costs associated with cloud storage. The company's go-to-market strategy is channel-focused, working with resellers and partners to reach its customer base.
By offering a solution that is tightly integrated with Veeam's software, Object First aims to provide a seamless and optimized backup experience. This focus on a specific niche within the data protection market allows the company to address the unique needs of Veeam customers effectively.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jun 2022 | $13M | $50M | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Object First is 69K monthly website visits, down 46.9% over the last three months. Object First's team grew 1.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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