Veeam in Talks to Acquire AI Security Firm Securiti for $1.8 Billion

Veeam Software, a global leader in data protection and ransomware recovery, is reportedly in advanced negotiations to acquire AI security and data security posture management (DSPM) firm Securiti in a deal valued at approximately $1.8 billion, according to Bloomberg. The acquisition could be announced in the coming days.

The move represents a major strategic expansion for Veeam, which aims to evolve from a backup and recovery specialist into a broader cybersecurity and compliance powerhouse. Veeam’s valuation has surged from $5 billion in 2020 to $15 billion by the end of 2024, following a $2 billion secondary offering and strong backing from TPG and Insight Partners.

Founded in 2019, Securiti focuses on data privacy, governance, and compliance across both cloud and on-premises systems. Its flagship Data Command Center uses AI-driven analytics to help enterprises identify and protect sensitive data, monitor risk exposure, and enforce regulatory controls. With roughly 1,000 employees worldwide, Securiti has a strong presence outside the U.S.

If finalized, this would be Veeam’s largest acquisition to date, complementing its core offerings with advanced AI and DSPM capabilities. The deal would strengthen its competitive edge against rivals like Rubrik, which has also expanded into AI-enhanced security.

Veeam CEO Anand Eswaran said recent acquisitions are designed to deliver greater customer value and align with the company’s focus on SaaS protection and AI innovation—further cementing Veeam’s position as a leader in the cyber-resilience and data security landscape.