seattle representing @vly_ai @ycombinator ☔️🔥☔️ https://t.co/rTP3YNpdaU
Insight Partners sells $2 bln stake in data firm Veeam at $15 bln valuation https://t.co/wOhXsZW3JW https://t.co/iGawKxHdTo
Veeam Software, which recently relocated its HQ to the Seattle area, reaches $15B valuation https://t.co/aOGSPYf8j0
Veeam Software, a data recovery firm that recently moved its headquarters to the Seattle area, has achieved a valuation of $15 billion following a $2 billion secondary sale by Insight Partners. This significant financial maneuver positions Veeam favorably as it prepares for an initial public offering (IPO) and highlights the company's focus on data resilience. The valuation marks a notable increase from its previous $5 billion valuation, reflecting growing investor interest in the data recovery sector.
