News

Root's turnaround leads biggest Central Ohio tech stories of 2024

(12/27/2024), Columbus Business First

Veeam's co-founder, Connecticut billionaire Ratmir Timashev, remains bullish on Central Ohio's future as a tech hub. His $110 million donation to OSU (where he dropped out of grad school to focus on his first startup) created the Center for Software Innovation and brought Techstars to town

IPO 'inevitable' for Veeam upon $15B valuation

(12/05/2024), Columbus Business First

Cybersecurity company Veeam Software Corp. on Wednesday hit a $15 billion valuation after private equity firm Insight Partners and other backers sold shares to new investors through a $2 billion secondary offering… The funding also sets an entrepreneurial example in Columbus, Veeam co-founder and former CEO Ratmir Timashev said Wednesday. The serial entrepreneur was introducing Demo Day for the fall cohort of Techstars Columbus Powered by the Ohio State University, a program started as part of his record $110 million donation to the school he dropped out of to form his first startup.

Construct I/O conference focuses on the future of AI and business

(10/23/2024), Ohio State University

“Construct I/O: The Builder’s Summit 2024 is a great snapshot of the Columbus tech ecosystem in action,” Timashev said. “Few places can pull off a summit like this, bringing together hundreds of students, faculty, industry professionals and entrepreneurs of all backgrounds.”

Ohio State software innovation center hosts hands-on AI summit

(10/15/2024), Columbus Business First

Attendees can learn to use generative AI to create a podcast clip or build their own chatbot at the second annual conference of Ohio State University's Center for Software Innovation… The goal is "to make Columbus the epicenter for the global digital economy," Timashev said at last year's inaugural conference, then called Startup Midwest.

Meet Wild Salmon Center Donor Ratmir Timashev

(10/09/2024), Wild Salmon Center

In 2021, tech leader Ratmir Timashev, the founder of Veeam Software, sat down to read the book Stronghold—the story of Wild Salmon Center CEO Guido Rahr’s quest to save the world’s wild salmon. Later that year, he met the man himself, while fly fishing in Bristol Bay, Alaska.

New Agentic AI Startup Launches Integrail AI Studio, Leading the Way in No-Code AI Application Development

(09/23/2024), Yahoo Finance

Integrail is excited to launch a groundbreaking platform that lets you create powerful AI applications without writing a single line of code. Designed to help organizations automate any business workflow, AI Studio makes AI accessible to everyone.

For Object First, its first and only backup source is Veeam. Why?

(07/22/24), Blocks & Files

Object First, the Veeam-only backup target hardware supplier, is in a highly penetratable growth market because it prioritizes security over low cost/TB and can easily be sold by Veeam’s channel and bought by Veeam’s customers. The startup was announced by Veeam co-founders Ratmir Timashev and Andrei Baronov in 2022.

Bookings up over 800% at backup appliance firm Object First

(06/20/24), Blocks & Files

Object First, which has developed a “ransomware-proof” backup storage appliance purpose-built for Veeam workloads, reports that its bookings for the first quarter of 2024 grew 822 percent worldwide. The company, which isn’t listed and thus doesn’t publicly report its results, didn’t drill into what the base figures were. This is when compared to the same quarter in 2023. Growth in North America alone shows a jump in growth of 560 percent. Annual growth in EMEA, now a strategic focus for Object First, was 400 percent, we’re told.

Donor sees billion-dollar potential in Techstars Columbus startups

(06/04/24), Columbus Business Journal

The Ohio State University benefactor who brought Techstars to Columbus said he sees potential unicorns among the first group of startups completing the business accelerator. "50% of them are billion-dollar companies – and it's just the first time we're doing this," Timashev said.

The Power 125, part three: Meet the most influential people in Central Ohio

(05/15/24), Columbus Business Journal

Columbus Business First’s annual ranking of the region’s most influential leaders includes 125 Central Ohio executives, thought leaders, influencers and others who are leading conversations about the region’s future.

Meet the first class of Techstars Columbus – including a Startup to Watch

(03/11/24), Columbus Business Journal

Five of the 12 startups in the inaugural class of Techstars Columbus Powered by the Ohio State University were founded in Central Ohio, according to Columbus Inno research. That includes one we picked as a Startup to Watch.

Techstars Columbus Powered By The Ohio State University Announces Inaugural Class

(03/11/24), TechStars Columbus

We’ve spent months working with leaders in Columbus, Ohio at Ohio State and across the globe to assemble a deep bench of mentors, investors and founders committed to the success of these founding teams. We’ve been blown away by the reception of the Columbus ecosystem to this program, and Techstars is deeply committed to reciprocating that by being a powerful force for entrepreneurship in the region. We set out to identify the best software companies in the world, and in our own backyard. 5 companies already have a presence in Columbus and others hail from the Bay Area, NYC, Los Angeles, Chicago, London, Florida, New Jersey, London, Berlin, Israel and Armenia.

Techstars Columbus and Ohio State announce inaugural class of innovators

(03/11/24), The Ohio State University

“We are thrilled to welcome the inaugural cohort of Techstars ventures to Columbus,” said Executive Director of the Center of Software Innovation Shereen Agrawal. “It’s been incredible to see both the expansive Techstars community and the Columbus entrepreneurial ecosystem, as always, show their support. Through this program, we are excited to continue our dedication to fostering high-impact innovation.”

Ohio State hosts Inaugural Start up Midwest to Support Tech Entrepreneurs

(10/30/23), The Ohio State University

Ohio State recently hosted its inaugural Startup Midwest: the premier event for rising technology entrepreneurs. The two-day event, hosted by the university’s Center for Software Innovation, was attended by over 300 people and featured keynote addresses from Ratmir Timashev, software entrepreneur, investor and co-founder of Veeam Software; Ohio Lt. Gov. Jon Husted; Carl Eschenbach, co-CEO of Workday; and Andrew Lang, Global CTO of JPMorgan Chase

How a persistent Ohio State professor lured a young Ratmir Timashev to Ohio

(10/30/23), Columbus Business First

Ratmir Timashev sat down with Columbus Business First to recount his journey from determined graduate student at Ohio State University to a successful software entrepreneur, setting him on a path that led to a major donation aimed at making Columbus a digital economy hub. He discussed the importance of timing and market positioning in his successful ventures, including the founding of Veeam Software, and his commitment to fostering innovation and entrepreneurship at his alma mater.

Ratmir Timashev wants Ohio State to make Columbus the innovation “epicenter”

(10/29/23), Columbus Innovation

Ratmir Timashev, in an interview with Columbus Innovation, discussed his vision for transforming Columbus into a major player in the global digital economy, spurred by initiatives like the OSU Center for Software Innovation, funded by the Timashev Family Foundation’s $110 million gift to OSU. He emphasized the potential for Columbus to not only compete with but also surpass traditional tech hubs, by fostering a strong community of innovation and entrepreneurship among students and local tech professionals.

Techstars and The Ohio State University Launch Accelerator Program for Entrepreneurs Advancing Software Innovation

(09/20/23), The Ohio State University

Techstars, the largest pre-seed investor in the world, and The Ohio State University are partnering to bring a new accelerator program to drive growth in Columbus and the greater region by investing in the most promising software startups and innovators. This new program represents one of the core features of the new Center for Software Innovation, made possible by the historic, $110 million gift from the Timashev Family Foundation to Ohio State earlier this year.

Shereen Agrawal to Lead Center for Software Innovation as Executive Director

(09/18/23), The Ohio State University

Shereen Agrawal will join The Ohio State University as the inaugural executive director of the Center for Software Innovation, effective September 18. As executive director, Shereen will be responsible for carrying out the vision of the center, building out world-class curriculum led by university and industry experts, and expanding experiential learning opportunities to prepare the future workforce.

Ohio State’s New Center for Software Innovation to host Start Up Midwest Event this Fall

(08/11/23), Columbus Innovation

Ohio State University's Center for Software Innovation will host a Midwest startups conference even before starting construction on its future home. Startup Midwest, billed as "the premier event for technology entrepreneurs," is set for Oct. 24-25 in Columbus, according to the center's website that went live this week.

Leaders Magazine - An Interview with Ratmir Timashev (Founder, Veeam Software)

(06/01/23), Leaders Magazine

Ratmir Timashev sat down with Leaders Magazine to discuss his personal and professional journey from student entrepreneur at The Ohio State University to prominent software innovator and philanthropist. Ratmir shared insights into the key elements that laid the foundation for his transition into the world of business and technology — “right time, right place, and brilliant product.”

Ohio State agrees to partnership with Kyiv School of Economics
(05/31/23), The Ohio State University
The Ohio State University announced a partnership with the Kyiv School of Economics (KSE) to collaborate on research and to share knowledge to support student education. The agreement will be implemented by Ohio State’s new Center for Software Innovation and supported initially by the John Glenn College of Public Affairs, the Fisher College of Business and the College of Engineering.

Ohio State sets purpose for $40 million of single largest donation in history
(05/18/23), NBC4 Columbus
Three months after giving the university a record-breaking $110 million to establish a software and marketing center, $40 million from Ratmir Timashev’s gift is being allocated to endowed funds to benefit the center’s staff and students, according to OSU Board of Trustees meeting materials.

Interview with Ratmir Timashev - Building a High Tech Mecca in Columbus - The Right Time The Right Place
(03/28/23), TechLife Columbus
Ben Blanquera of Rackspace Technology and cofounder of TechLife interviews Ratmir Timashev to learn more about the vision, motivation, and passion behind the recent Timashev Family Foundation donation of $110 million to The Ohio State University to create the The Center for Software Innovation.

Right time, right place
(03/16/23), The Ohio State Alumni Magazine
Most people with Ohio State ties will come to know “Timashev” for the glittering new music building or an institute for bright, aspiring entrepreneurs. Behind the name is a person — an innovator who has embodied the American Dream from his first day on campus.

Technology entrepreneur Ratmir Timashev shares secrets of success with Ohio State students
(02/22/23), Ohio State News 
The Ohio State University alumnus Ratmir Timashev visited the university’s Columbus campus on Feb. 16 to announce a historic $110 million gift from the Timashev Family Foundation to establish the Center for Software Innovation. During his visit, Timashev participated in a fireside chat with Max M. Fisher College of Business students and shared insights about software entrepreneurship, product management, sales and marketing – priorities that the newly established center will advance.

Ohio State plans software innovation center with $110M gift
(02/16/23), The Associated Press 
Ohio State University announced plans Thursday to use a $110 million donation from IT innovator and executive Ratmir Timashev’s family foundation to establish a software innovation center with the goal of becoming a new hub for new ideas, entrepreneurship and product development.

Record-setting $110M gift will launch the Center for Software Innovation at Ohio State. Gift from Ratmir Timashev and family is largest in university history.
(2/16/23), The Ohio State University 
A historic, $110 million gift from the Timashev Family Foundation to The Ohio State University will establish the Center for Software Innovation, expanding opportunities for students in entrepreneurship and advancing education in software innovation, product management, sales and marketing.

Veeam Releases New Data Platform with Direct Backup to Object Storage
(02/14/23), Channel Futures 
The storage hardware providers rolling out solutions with the new Veeam Data Platform include Cloudian, Object First, Pure Storage and Scality. Object First, a startup launched last year by Veeam founders Ratmir Timashev and Andrei Baronov, simultaneously released its on-premises S3-compatible object backup appliance.

Veeam launches Data Platform, ransomware warranty
(02/14/23), TechTarget
Object First also made its hardware for Veeam backup storage generally available Tuesday. The vendor, founded by Veeam co-founders Andrei Baronov and Ratmir Timashev, launched the Ootbi, which stands for "out-of-the-box immutability."

On achieving a more sustainable impact
(10/31/22), Fast Company 
Fast Company asked its Impact Council—an invitation-only group of forward-thinking corporate and nonprofit leaders, CEOs, innovators, and founders, including Ratmir Timashev—to tell us what “sustainable impact” means to them, and how they are leading toward it. 

Object First shares details on backup storage play 
(08/26/22), Blocks and Files 
The two Veeam founders, Ratmir Timashev and Andrei Baronov, announced their Object First company and backup storage product in June. It’s now in beta test and we just found out a load of details, including its flash cache acceleration.

Acure.io releases the free AIOps incident control and automation Saas platform for IT Ops professionals
(07/20/22), PR Newswire
Acure.io was founded in 2019 by Nikolay Ganyushkin. The company raised one round of investments. A $1.5 million seed round was led by data protection and management platform Veeam former CEO Ratmir Timashev, and supported by New Nordic Ventures.

Veeam Co-Founders Launch Object First, a New Company Purpose-Built for Veeam Customers to Ransomware-Proof Backups
(06/28/22), Businesswire
Object First, the first object storage backup storage appliance purpose-built for Veeam®, today announced its official company launch. Created by Veeam co-founders Ratmir Timashev and Andrei Baronov, Object First helps midsize enterprise organizations ransomware-proof their backups by delivering effortless out-of-the-box immutability.

Veeam founders launch Object First – for Veeam
(06/13/22), Blocks and Files 
Veeam founders Ratmir Timashev and Andrei Baronov have launched Object First to provide on-premises object storage facilities for Veeam backup.

Veeam founders launch Object First – for Veeam
(06/13/22), Blocks and Files 
Veeam founders Ratmir Timashev and Andrei Baronov have launched Object First to provide on-premises object storage facilities for Veeam backup.

Interview with Veeam co-founder Ratmir Timashev
(10/02/19), Blocks and Files
Data protector Veeam has announced its 41st consecutive quarter of double-digit growth, and is edging towards $1bn annual revenues. The company says it made its first $1m+ deal in the UK in the third 2018 quarter and gained almost 9,000 new customers in EMEA during the quarter.

BR INTERVIEW. Ratmir Timashev (Veeam Software): The data management industry is worth USD 20 billion globally
(08/02/19), Business Review
Data management is one of the main industries of today and it will become even more important as products and services become increasingly digital. The volume of data collected globally is doubling in size every 2 years and that means moving the storage on public cloud, where it has to be managed through automated processes.

Q&A: Veeam Software's Ratmir Timashev Details the 5 Stages of Data Management
(03/12/19), Biz Tech
As data explodes within businesses, Veeam Software Co-Founder Ratmir Timashev has ideas on how they can manage it intelligently. No challenge is more vital to modern business than that presented by data management. As data grows exponentially within organizations and more businesses realize the power of ­analytics, they need intelligent solutions to store and protect their data.

Veeam trumpets sales records, eyes $1bn run rate
(10/19/18), Blocks and Files
Veeam’s growth is extraordinary. Founded in 2006, the privately-owned backup vendor said it surpassed $1bn annual revenues in 2018. The company dominates the data protection of virtualized servers and is extending coverage to AIX, Solaris and other operating systems.

Ohio State University trustees approve new endowments from proceeds of energy management partnership
(06/08/18), Ohio State University News 
Trustees approved The Ohio State University Foundation Report as of April 30, 2018, including the establishment of the Bernie Frick Research Chair in Heart Failure and Arrhythmia; the Andrei Baronov and Ratmir Timashev Endowed Chair Fund in Data Analytics.

Why It’s Better to Get Fired Right Away Than a Year From Now
(02/09/17), Fortune 
Today’s answer to the question, “How can you bounce back after making a major mistake?” is written by Ratmir Timashev, co-founder of Veeam.

$5 million gift from Veeam Software Corporation to support Chemical Physics Program
(06/06/16), The Ohio State University 
Philanthropy: generosity, altruism, benevolence – a phrase that characterizes Chemical Physics alum, Ratmir Timashev. Ratmir, along with his business partner, Andrei Baronov, gifted the College of Arts and Sciences $5 million from their company, Veeam Software Corporation. Funds are intended to aid in student scholarships and teaching in Chemical Physics and Data Analysis.

Why Paranoia Is Necessary For Success
(02/02/16), Fortune 
Today’s answer to the question: What’s the best way to keep your company successful? is written by Ratmir Timashev, CEO of Veeam.

35 Business Leaders Share Their Daily Habits
(09/10/15), Time 
Take it from 35 founders, entrepreneurs, and executives who have achieved great things and credit simple daily rituals for helping them do it: “#30. Make a daily 'top three' to-do list” by Ratmir Timashev, CEO of Veeam, a data center backup company founded in 2006 that now employs more than 1,500 employees around the world and brings in hundreds of millions of dollars in revenue, with its sights on reaching $1 billion in revenue in the next five years.