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Andrei Baronov is one of the world's leading specialists in the field of system management.
Biography
Andrei Baronov met his business partner Ratmir Timashev in the summer of 1985 in the hostel of the Moscow Institute of Physics and Technology.
He graduated from the Moscow Institute of Physics and Technology in 1990, and in 1995 he received the degree of candidate of physical and mathematical sciences there, defending a dissertation.
In 1997, Andrei Baronov, together with Ratmir Timashev, co-founded the IT company Aelita Software, taking the position of technical director in it. Andrey's experience, knowledge and intuition made it possible to create a number of multi-award-winning innovative products based on architecture and basic technologies, which are a generation ahead of the solutions of competitors.
By 2004, Aelita Software had pushed back two of its closest competitors and came close to the leader of the segment - Quest Software. But Aelita employed 300 programmers in Moscow and St. Petersburg, while Quest employed just 100 in Canada. Aelita made more software products and put them on the market faster.
"We were bought because we were afraid that we would get ahead of them," Timashev said.
In 2004, this business, which grew significantly, partners sold to the American IT company Quest for $115 million, of which Andrei Baronov and Ratmir Timashev got about half of the total amount ($57.5 million).
The partners worked a little at Quest, in particular, Andrei Baronov took over the company as director of development in the division responsible for cooperation with Microsoft.
Then in 2005, Timashev and Baronov founded a venture capital fund ABRT (according to the initials of the creators). Working with Ratmir at the ABRT venture capital fund, Andrei expanded his knowledge and mastered new technologies, including the sphere. virtualizations
In 2006, together with Ratmir Timashev, he founded Veeam Software.
In May 2017, technical director Andrei Baronov was appointed co-managing director of Veeam. As Co-Managing Director and Co-Founder of Veeam Software, he is responsible for the development strategy and development of Veeam solutions and is responsible for one of the most innovative and promising product portfolios in the industry. Andrey Baronov also continued to fulfill the duties of technical director - in this capacity he controls the Veeam research and development process, market strategy and product management to further expand the company's market.
As of October 2018 - Member of the Board as Director of Veeam.
At the end of October 2018, Andrei Baronov was appointed CEO (executive director) of Veeam.
On January 9, 2020, Veeam Software was announced to be sold to Insight Partners investment company for $5 billion. As a result of this deal, which is scheduled to close in the first quarter, the manufacturer of software for backing up virtual machines and monitoring virtual environments will become a US company. Previously, its headquarters was located in Switzerland.
Veeam co-founders Ratmir Timashev and Andrei Baronov will resign from the company's board of directors, as well as from their leadership positions. They will become top executives at Insight Partners. Read more here.
2020
Fortune - $1.2 billion after the sale of Veeam
In early 2020, Veeam Software founders Ratmir Timashev and Andrei Baronov became dollar billionaires after they agreed to sell the company to the American investment fund Insight Venture Partners. Read more here.
Fortune - $750 million
By mid-April 2020, Andrei Baronov's fortune is estimated by Forbes at $750 million. Read more here.
2024: Renunciation of Russian citizenship
On February 29, 2024, it became known that the founders of the American IT companies Veeam Software and Object First Andrei Baronov and Ratmir Timashev renounced Russian citizenship. The decision is related to the current geopolitical situation.
According to Forbes, businessmen passed the procedure for renouncing Russian citizenship at the Russian Embassy in the Republic of Cyprus. As of that date, they still have the only Cypriot citizenship. At the same time, entrepreneurs live in other countries: Baronov - in Switzerland, and Timashev - in the USA.
Commenting on his decision on the social network LinkedIn, Baronov announced the "deep suffering" that causes him a special operation. At the same time, according to Forbes, he criticized the situation.
 | I'm a private citizen and I never make a public comment - especially about politics. I make a rare exception because I am "deeply shocked by the special operation." I have officially submitted all the documents necessary to renounce Russian citizenship, "Baronov wrote. |  |
He also noted that he donated millions of dollars to reputable humanitarian organizations that helped "displaced Ukrainians in Ukraine." Timashev came out of Russian citizenship in January 2024, but he does not give any comments on this issue at the end of February 2024.
Forbes magazine estimated Baronov's fortune at $770 million, Timashev - at $680 million. Their capital was formed primarily through the sale of Veeam Software to the US venture capital fund Insight Partners for $5 billion. Businessmen also created Object First, which develops a solution for storing backup copies of data with protection against ransomware viruses for Veeam clients.[1]
Notes
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