Veeam
Veeam provides data backup, recovery, and resilience software for enterprises and service providers.
The Company
Veeam sells data-resilience software intended to help organizations protect and recover workloads across on-premise, cloud, and SaaS systems. The category has become more important as ransomware, regulatory demands, and hybrid infrastructure increase the cost of downtime.
In December 2024, Veeam announced a $2 billion secondary offering that valued the company at $15 billion. Because the transaction was secondary, it is a liquidity and pricing signal rather than growth capital for the company.
Why It Matters
Veeam is a useful private-market benchmark for mature infrastructure software: meaningful recurring revenue, a security-adjacent mission, and a valuation set through a large secondary transaction rather than a conventional venture round.
Valuation History
- $15B→Dec 2024Secondary offeringSource ↗
What Changed
Insight Partners acquires Veeam, taking the company private.
A $2B secondary offering values Veeam at $15B.
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