Veeam
Facts
- HQ
- Kirkland
- Sectors
- Software Development
- Employees
- 7596
- Stage
- Public
Veeam to Acquire Securiti AI for $1.725 Billion, Integrating AI and Data Security into Platform
Veeam Software announced it will acquire San Jose-based Securiti AI for $1.725 billion to enhance its data protection platform with integrated data security and AI trust technologies. The deal, expected to close in Q4 2025, will bring Securiti's CEO Rehan Jalil to Veeam as president of security and AI.
Veeam Software Valued at $15 Billion After $2 Billion Secondary Share Sale Led by TPG, HQ Moved to Kirkland, WA
Veeam Software, a data protection leader, achieved a $15 billion valuation following a $2 billion secondary share sale led by TPG, expected to close in Q1 2025. The company relocated its headquarters to Kirkland, Washington, serves 77% of the Fortune 500, and reported $1.7 billion in annual recurring revenue as of September.
Amazon Grocery SVP Tony Hoggett to Leave November 2024 for COO Role at Marc Lore’s Wonder Chain
Tony Hoggett, Amazon's SVP of worldwide grocery stores since January 2022, will leave on November 1, 2024, to become COO of Marc Lore's restaurant chain Wonder. Wonder operates 27 outlets in the Northeast and plans to pilot locations inside Walmart stores.
Madrona Hires Anna Chen to Boost Bay Area Operations; Alexandra Tibbets Returns to Microsoft; Niraj Tolia Named Veeam CTO
Madrona expands its Bay Area team by hiring investor Anna Chen to focus on enterprise software, AI, and consumer subscriptions, while Alexandra Tibbets returns to Microsoft as chief of staff and Niraj Tolia becomes CTO of Veeam Software following their acquisition of an AI startup.
GeekWire Highlights: Amazon Protests, Tesla Cybertruck Test Drive, Veeam's $1.5B Revenue, OpenPipe's $6.7M Funding, and Washington's Fusion Power Support
GeekWire's most popular technology stories for the week of March 24, 2024, covered topics including Amazon protesters opposing fossil fuel use, Tesla Cybertruck test drives in Seattle, Veeam's headquarters move and revenue milestone, OpenPipe's $6.7M funding round, and Washington state's support for fusion power development.
Veeam Software Moves HQ to Kirkland, WA, Hits $1.5B+ Annual Recurring Revenue Amid Microsoft AI Partnership
Veeam Software relocated its headquarters from Ohio to Kirkland, Washington, to leverage the local cloud ecosystem and technical talent, following its acquisition by Insight Partners. The company, a leader in data protection and ransomware recovery with over $1.5 billion in annual recurring revenue, also extended its strategic AI partnership with Microsoft.
People
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Anand Eswaran Executive, Chief Executive Officer (CEO)
