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Insight-Backed Data Startup Sells $2 Billion in Secondary at $15 Billion Valuation

The Information · Rocket Drew · last updated

Veeam, which sells software used by companies to back up their data and protect their data against cyber attacks, has arranged to sell $2 billion of existing shares at a $15 billion valuation. The share sale represents a win for Insight Partners, which bought Veeam for $5 billion in 2020.

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