Announced

TPG led a $2bn investment in Veeam.

Synopsis

TPG, a private equity firm, led a $2bn investment in Veeam, an IT services firm, with participation from Temasek and Neuberger Berman. “In a digital-first world, data is the foundation of your business. If you lose access to that data, your business stops. As enterprises embrace AI and digital initiatives, the volume and value of data continues to grow, along with the risks – ransomware, cyber threats, and other outages. Our 550k customers and over 34k partners trust Veeam to keep their data resilient and their businesses running. That trust has made us the #1 global leader in Data Resilience and fuels our commitment to propel the industry forward," Anand Eswaran, Veeam CEO.

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