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.
Get Investor & Funding Insights with TexAu
TexAu helps sales and business teams uncover detailed fundraising information on companies like Veeam. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.
Sign Up for Free on TexAu and start uncovering detailed funding insights that give your business a competitive edge.