Veeam Software, a Seattle-based data resilience company, has announced its acquisition of Securiti AI for $1.725 billion. Securiti specializes in AI-powered data security, privacy and compliance solutions.
According to a news release, the acquisition will combine Veeam’s data protection capabilities with Securiti’s expertise in data security posture management and governance. Together, the companies aim to give enterprises centralized control over their entire data landscape, ensuring visibility, security and compliance across both primary and backup systems, with minimal risk of data loss or disruption.
“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. 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,” Anand Eswaran, CEO at Veeam, said in a statement.
Following the close of the deal, Securiti AI CEO Rehan Jalil will join Veeam as president of security and AI.
