In a significant move aimed at strengthening its position in cloud data management and cybersecurity, Veeam Software has announced that it will acquire data privacy and AI-focused software company Securiti AI for approximately $1.73 billion. The acquisition signals Veeam’s intent to expand its offerings to customers seeking robust solutions to manage and secure cloud data in the era of artificial intelligence (AI).

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A Strategic Acquisition for Cloud Data Security

Securiti AI is widely recognized for its Data Command Center, a platform that unifies and protects data distributed across multiple cloud services. By integrating this technology with Veeam’s industry-leading backup and recovery software, the combined solutions will enable enterprises to safeguard critical information against cybersecurity incidents, ransomware attacks, and accidental data loss.

“This acquisition will allow Veeam to offer a more comprehensive solution for enterprises that rely on cloud data and AI-driven applications,” a company spokesperson said.

The deal also positions Veeam to better compete with rivals such as Rubrik and Commvault Systems, particularly as cyber threats continue to surge globally.

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Leadership and Operational Plans

Following the transaction, which is expected to close in the fourth quarter of 2025, Rehan Jalil, CEO of Securiti AI, will join Veeam as President of Security and AI. This leadership move underscores the strategic importance of AI and security within Veeam’s long-term growth strategy.

Veeam has confirmed that it will continue offering Securiti AI’s Data Command Center from its San Jose, California base and plans to announce integrated capabilities shortly, combining the strengths of both platforms to deliver enterprise-ready cloud data protection.

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Financial Background and Context

The acquisition comes less than a year after Insight Partners, the U.S. private equity firm and largest shareholder in Veeam, sold a $2 billion stake in a secondary transaction, valuing Veeam at $15 billion. Insight Partners originally acquired Veeam in 2020 for around $5 billion.

Morgan Stanley advised Securiti AI on the deal, while JPMorgan Chase provided financing to Veeam, highlighting strong institutional backing for the acquisition.

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Veeam’s Core Capabilities

Veeam Software specializes in helping enterprises recover data quickly following ransomware attacks, accidental deletions, or other cybersecurity incidents. Its platform supports immutable backups, ensuring that clean copies of critical data remain intact even if hackers attempt to encrypt or delete files. By integrating Securiti AI’s cloud-focused Data Command Center, Veeam aims to provide a holistic approach to data security and management for AI-driven enterprises.

This combination will allow organizations to monitor, protect, and govern cloud data with greater efficiency while meeting evolving regulatory and compliance requirements.

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Looking Ahead

The acquisition of Securiti AI is expected to accelerate Veeam’s growth in AI-powered cloud data management, expand its cybersecurity capabilities, and strengthen its position against competitors in an increasingly competitive market. Analysts predict that this deal will provide Veeam with a strategic advantage in securing sensitive enterprise data across hybrid and multi-cloud environments.

As AI adoption continues to rise across industries, enterprises are prioritizing data privacy, cloud security, and rapid recovery solutions, making this acquisition a timely move for Veeam.