Veeam is the market-share leader in data resilience — backup, recovery and ransomware protection across virtual, physical, cloud, SaaS and Kubernetes estates. It is not a conventional venture story: Insight Partners bought 100% of the company for $5B in January 2020 and took it from Switzerland to a US base, and the December 2024 secondary offering that set the $15B mark was about broadening the shareholder register ahead of a possible listing rather than funding operations.
Company Profile
CEO
Anand Eswaran
Founded
2006
HQ
Kirkland, WA
Employees
5,000
Total Raised
$136.52M
Growth
Tripled in value since the $5B Insight Partners buyout in January 2020, reaching $15B in the December 2024 secondary; consistently ranked #1 in data-resilience market share and widely described as being on an IPO path
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Secondary equity offering
$2.0B
Dec 2024
TPG
$15B
Founders & Key People
Ratmir TimashevAndrei Baronov
Investors
Insight Partners · TPG · Temasek · Neuberger Berman Capital Solutions · Canada Pension Plan Investment Board
Products
Veeam Data Platform
Veeam Backup & Replication
Veeam Data Cloud (SaaS backup for Microsoft 365, Entra ID, Salesforce)
Data ProtectionData ResilienceCyber ResilienceEnterprise Software & SaaSCloud InfrastructurePrivate Equity Owned
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q4. Refreshed quarterly.