Displaying items by tag: TPG Capital, TPG Tech Adjacencies (TTAD) and TPG Hybrid Solutions
Friday, 20 December 2024 11:09
Veeam, the world's #1 leader in data resilience, welcomes new investors with a $15 billion valuation
Insight Partners owned Veeam expands investor base in a $2 billion secondary equity offering led by TPG with participation from Temasek, Neuberger Berman Capital Solutions, and others
COMPANY NEWS: – Veeam® Software, the #1 global leader in Data Resilience by market share, announced an expansion of its shareholder base in a $2 billion secondary offering, valuing the company at $15 billion. This transaction was led by TPG (NASDAQ: TPG) with participation from Temasek, Neuberger Berman Capital Solutions, and other key investors, reinforcing Veeam’s position as a global leader in the rapidly growing data resilience market.
Published in
Strategy
Tagged under
- Veeam Software
- new investors
- Data Resilience
- Valuation
- Insight Partners
- expansion
- shareholder base
- Anand Eswaran
- CEO
- Global #1
- Data Replication & Protection software
- IDC Semiannual Software tracker
- Data security
- Nehal Raj
- CoManaging Partner
- TPG Capital, TPG Tech Adjacencies (TTAD) and TPG Hybrid Solutions
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