Seattle, Washington-based Veeam was founded in 2006 and has always been focused on data resilience and recovery. Its tech covers 150 different workloads, spanning SaaS to AI, and its customers include large corporations like Shell and Deloitte as well as federal and local governments like the City of New Orleans.
“We feel we are the best platform right now as shown by our No. 1 market share,” Eswaran said. “If anything, this oversubscribed round just validated our direction.”