Veeam Software Raises $2B in Secondary

Veeam Software has successfully raised $2B in a Secondary at a $15B valuation led by TPG Capital.

Company Overview

Veeam Software is a Enterprise Software company headquartered in Columbus, OH, founded in 2006 with 4500+ employees.

Data backup and recovery software

Fundraising Details

• Amount Raised: $2B
• Round Type: Secondary
• Valuation: $15B
• Date: 2024-12-01
• Investors: TPG Capital

About Veeam Software

Data backup and recovery software The company is positioned in the Enterprise Software sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Columbus, OH
• Founded: 2006
• Team Size: 4500+
• Industry: Enterprise Software

What This Means

This funding round demonstrates strong investor confidence in Veeam Software's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Enterprise Software sector continues to attract significant investment as companies innovate to meet evolving market demands. Veeam Software's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $15B valuation marks an important milestone for Veeam Software, positioning the company among notable players in the Enterprise Software industry.

Looking Ahead

With this new capital, Veeam Software is well-positioned to execute on its growth strategy and continue building innovative solutions in the Enterprise Software space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-12-01. For more information about Veeam Software, visit their headquarters at Columbus, OH.