Veeam
8800 Lyra Drive, Columbus, Ohio, 43240, United States
Overview
Veeam Software is an information technology company that specializes in backup, disaster recovery, and data management solutions for cloud, virtual, and physical environments. It is one of the leading providers of data resilience solutions for businesses. eeam's solutions are designed to provide secure data backup, fast and reliable data recovery, and comprehensive data protection across cloud, virtual, and physical workloads. Its portfolio includes backup, replication, and monitoring tools for various platforms and infrastructure types.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Cloud Infrastructure
- Data Center
- Data Management
- Enterprise Software
- Software
- Virtualization
Investment portfolio
- Alcion
Led · Series A · Sep 2023
Alcion provides a backup-as-a-service platform focused on managing and securing data stored in third-party SaaS apps across Microsoft 365, including Teams. The product combines disaster recovery, anti-ransomware and anti-malware features with compliance tooling and admin alerts via email and a web dashboard. Alcion leverages AI models to detect ransomware at the file and user levels and offers recommendations and a “compliance score” to help admins maintain secure, complete backups. The company emphasizes per-seat pricing with unlimited storage and free Microsoft SharePoint backups as part of its go-to-market positioning. Alcion reports that thousands of individual users actively use its services and that a large number of customers are paying for its tools. The startup plans to expand product depth and add new data protection products for other SaaS services while integrating with customers’ broader security ecosystems. Alcion offers an AI-driven Backup-as-a-Service (BaaS) platform that protects Microsoft 365 data against ransomware, malware, corruption, and accidental loss. Built on the open-source Corso project, its fully managed SaaS product provides predictive RPO reduction, integrated threat detection and response, ransomware detection, automated responses, intelligent backup scheduling, XDR integration (e.g., 365 Defender), and default delete protection. The company emphasizes a product-led, community-driven approach and aims to deliver easy-to-use backup and restore workflows for IT administrators. Alcion emerged from stealth with a public preview and highlights rapid, simple setup and onboarding. Founded in 2022 by Niraj Tolia and Vaibhav Kamra (who previously founded Kasten), the company is headquartered in the San Francisco Bay Area. Alcion announced $8M in seed funding from prominent angel investors to exit stealth, expand its community, accelerate product development, and take the product to market.