Veeam Reportedly Nears $1.8B Acquisition of DSPM vendor Securiti AI

Data protection giant Veeam is reportedly in advanced talks to acquire AI security and data security posture management firm Securiti for $1.8 billion, according to Bloomberg. The move would mark Veeam’s largest acquisition to date and accelerate its shift from traditional backup and recovery toward full-scale cybersecurity.

The deal follows a surge in valuations across the data protection market, fueled by rising enterprise spending on AI and data resilience. Rivals Rubrik and Commvault have both seen major valuation gains, and Veeam itself reached a $15B valuation after a $2B funding round in late 2024.

Founded in 2019 and led by Rehan Jalil, Securiti has earned top rankings from Forrester and IDC for its AI-driven data discovery, privacy, and security capabilities. Securiti AI’s revenue was $75.9 million in October 2024, about 23 times its 2024 revenue.

If finalized, the acquisition would significantly expand Veeam’s cybersecurity portfolio and position it strongly ahead of a potential IPO, though integration of Securiti’s large R&D team will be a major undertaking.