Veeam is all set to acquire Securiti AI for $1.725 billion. Securiti AI is a recognized leader in Data Security Posture Management (DSPM) that also spans privacy, governance, access, and AI trust across hybrid, multi-cloud, and SaaS platforms. Veeam and Securiti AI unify data resilience with DSPM, privacy, governance, and AI trust spanning production and secondary data. Together, they will help customers understand their full data estate, while providing security, along with recovery and rollback, to unleash the value of their data for AI.

With the acquisition of Securiti AI, Veeam eliminates the challenge of managing fragmented data across apps, clouds, SaaS, endpoints, and backups. CIOs, CISOs, and CDOs will have a unified command center to fully control and understand all their data, as well as secure it with near-zero data loss or business downtime, recover and rollback data and AI with precision, and safely unleash AI innovation. This single control plane across production and secondary data enables enterprises to uniformly command their entire data estate – combining Veeam’s trusted data resilience capabilities with Securiti AI’s leading DSPM, data privacy, and AI trust capabilities.

The combination of Veeam and Securiti AI dramatically mitigates these trade-offs with a single command center for all data.

“We’ve entered a new era for data. It’s no longer about just protecting data from cyber threats and unforeseen disasters; it’s also about identifying all your data, ensuring it’s governed and trusted to power AI transparently,” said Anand Eswaran, CEO at Veeam. “This is the single most critical factor in failed AI initiatives. By combining the market-leading strengths of Veeam and Securiti AI, we bring those capabilities together in a single solution to help customers understand, secure, recover, and rollback, and unleash their data to drive new business value.”

“Enterprise AI is simply not possible without data security. Securiti AI solves that and enables the safe use of data and AI,” said Rehan Jalil, CEO at Securiti AI. “Bringing together our unique capabilities with Veeam, the global leader in data resilience, creates a new value proposition for customers with one data command center delivering data resilience, DSPM, privacy, governance, and AI trust for your entire data estate. Veeam’s global reach and innovation, combined with our technology and intelligence, will provide customers with unmatched business resilience and security to fully unlock the benefits of AI.”

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Veeam Software, the data backup and recovery company that recently moved its headquarters to the Seattle area, announced plans to acquire Securiti AI for $1.725 billion.

Securiti AI, based in San Jose, Calif., helps enterprises manage data security posture, privacy, and compliance across cloud and software platforms. The deal aims to integrate Securiti’s Data Security Posture Management (DSPM) and “AI trust” technologies with Veeam’s core data resilience tools, giving companies a single platform to manage, secure, and recover their data while safely deploying artificial intelligence systems.

“We’ve entered a new era for data. It’s no longer about just protecting data from cyber threats and unforeseen disasters; it’s also about identifying all your data, ensuring it’s governed and trusted to power AI transparently,” Veeam CEO Anand Eswaran said in a statement.

Rehan Jalil, Securiti’s CEO and a cybersecurity entrepreneur, will join Veeam as president of security and AI once the deal closes, expected in the fourth quarter.

Securiti, founded in 2019, raised a $75 million Series C round in 2022.

Veeam, which reached a $15 billion valuation earlier this year, relocated its headquarters from Columbus, Ohio, to the Seattle area in 2024, citing the region’s deep technical talent pool. The company employs about 6,000 people globally and protects data for more than 550,000 customers, including two-thirds of the Global 2000.

Veeam moved its headquarters from Switzerland to the U.S. following its March 2020 acquisition by private equity firm Insight Partners — a deal that valued the company at $5 billion at the time.

Veeam CEO Anand Eswaran, who joined the company in December 2021, previously worked in the Seattle area as the corporate vice president of Microsoft Enterprise. He was most recently president at RingCentral.