09:57 AM EDT, 06/05/2024 (MT Newswires) -- CommVault Systems ( CVLT ) said Wednesday its SaaS-delivered data protection offerings have obtained high authorization from the Federal Risk and Authorization Management Program, or FedRAMP.

The certification signifies that Commvault Cloud for Government is capable of securely managing sensitive, controlled unclassified information within cloud computing environments for government agencies and contractors, the company said.

Shares of the company were up 1.9% in early Wednesday trading.

Price: 110.49, Change: +1.63, Percent Change: +1.49