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How Much Did Veeam Raise? Headquarters, Funding & Key Investors

Veeam has raised $645 million across multiple Series C tranches and strategic financings, including a Microsoft-aligned transaction announced in February 2025 and a $135 million tranche closed in September 2022. Founded in 2006, Veeam delivers cloud backup, replication, and disaster recovery software enabling enterprise-grade data protection, portability, and ransomware resilience. Investors such as Insight Partners and CPP Investments funded R&D in cloud-native features, storage optimization, cyber-resilient recovery, and global scaling. These investments strengthened Veeam's position as a leading provider of hybrid-cloud data protection solutions for large enterprises worldwide.

    Veeam develops secure backup, replication, and data recovery software for cloud, virtual, and physical infrastructures.
    The platform focuses on fast, reliable recovery, data portability, and cyber resilience, helping organizations ensure business continuity across hybrid environments.

    What Is Veeam and What Does It Do?

    Veeam, founded in 2006 by Ratmir Timashev and Andrei Baronov, is a Columbus-based (United States) enterprise storage and IT operations company offering cloud-native backup and replication solutions.


    Veeam employs 109 people and provides backup, replication, disaster recovery, data mobility, and storage management tools that help enterprises maintain resilient and compliant IT operations.

    How Much Funding Has Veeam Raised?

    1. Series C

    Amount Raised: $10M
    Date: January 14, 2025
    Motivation: Product enhancements and market expansion.

    2. Series C

    Amount Raised: $135M
    Date: September 15, 2022
    Lead Investors: Institutional investors
    Motivation: R&D acceleration and global enterprise growth.

    Total Funding Raised: $645 Million
    Current Valuation: $15 Billion (as of December 04, 2024)
    Latest Funding Date: February 25, 2025

    Key Investors

    1. Insight Partners

    Details: Leading global growth equity investor scaling high-growth software companies.
    Investment Focus Areas: SaaS, enterprise software, infrastructure.
    Notable Investments: Multiple global SaaS platforms.

    2. CPP Investments

    Details: Pension investment manager backing long-term high-growth companies.
    Investment Focus Areas: Infrastructure, technology, large-scale enterprise platforms.
    Notable Investments: Broad tech and enterprise holdings.

    3. Microsoft / Strategic Partners

    Details: Corporate strategic partner supporting Veeam’s cloud integration roadmap.
    Investment Focus Areas: Cloud services, hybrid infrastructure, ecosystem tools.
    Notable Investments: Strategic cloud and enterprise ecosystem initiatives.

    Where Is Veeam’s Headquarters?

    Veeam is headquartered in Columbus, United States, offering strong alignment with enterprise IT ecosystems, cloud vendors, and partner networks across North America.

    What’s Next for Veeam?

    Veeam is expected to advance cloud-native recovery, ransomware resilience, multi-cloud mobility, and orchestration workflows. The company will likely deepen partnerships with major cloud providers and scale enterprise-grade automation to simplify recovery across hybrid and distributed environments.

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