About Veritas Technologies
Veritas Technologies is a company based in Santa Clara (United States) founded in 1983 was acquired by Cohesity in December 2024.. Veritas Technologies has raised $18.59 million across 2 funding rounds from investors including Cohesity, The Carlyle Group and Swan Corp. Veritas Technologies has completed 8 acquisitions, including APTARE, Ejasent and Globanet. Veritas Technologies offers products and services including NetBackup, Backup Exec, and Backup Appliances. Veritas Technologies operates in a competitive market with competitors including ServiceNow, Confluent, Egnyte, Collibra and NinjaOne, among others.
- Headquarter Santa Clara, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Veritas Technologies Llc
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Products & Services of Veritas Technologies
Veritas Technologies offers a comprehensive portfolio of products and services, including NetBackup, Backup Exec, and Backup Appliances. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Leading solution for enterprise data backup and recovery operations.
Cost-effective tool for simple data protection and restoration.
Devices for deploying resilient NetBackup data protection.
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Software Development Team
110 people
Sales and Marketing
39 people
Leadership Team
27 people
Product Management Team
19 people
Senior Team
11 people
Operations Team
10 people
Advisor Team
10 people
Finance and Accounting
9 people
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Funding Insights of Veritas Technologies
Veritas Technologies has successfully raised a total of $18.59M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5.42 million completed in December 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $5.4M
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First Round
First Round
(13 Dec 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2017 | Amount | Private Equity Round - Veritas Technologies | Valuation |
investors |
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| Dec, 2017 | Amount | Debt – Conventional - Veritas Technologies | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Veritas Technologies
Veritas Technologies has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Cohesity, The Carlyle Group and Swan Corp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm focusing on tech-enabled enterprises in social and environmental sectors.
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Founded Year | Domain | Location | |
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Government agency focused on small and medium-sized businesses
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Veritas Technologies
Veritas Technologies has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include APTARE, Ejasent and Globanet. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud archiving is integrated with data protection, tiering, and retention.
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2015 | ||||
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Cloud management platforms for enterprise data and applications are provided.
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2008 | ||||
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Enterprise server management workflows are automated through specialized products.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Veritas Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Veritas Technologies Comparisons
Competitors of Veritas Technologies
Veritas Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ServiceNow, Confluent, Egnyte, Collibra and NinjaOne, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Unified IT management is delivered through a cloud-based platform.
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| domain | founded_year | HQ Location |
Cloud based data streaming analytics and governance platform
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| domain | founded_year | HQ Location |
Platform that offers data governance and file sharing solutions
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| domain | founded_year | HQ Location |
Data intelligence solutions are delivered via a cloud-based platform.
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| domain | founded_year | HQ Location |
Cloud based platform offering IT management solutions
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| domain | founded_year | HQ Location |
Cloud-based environments are delivered for application development and testing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Veritas Technologies
Frequently Asked Questions about Veritas Technologies
When was Veritas Technologies founded?
Veritas Technologies was founded in 1983 and raised its 1st funding round 34 years after it was founded.
Where is Veritas Technologies located?
Veritas Technologies is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Who is the current CEO of Veritas Technologies?
Jimoh Ovbiagele is the current CEO of Veritas Technologies.
Is Veritas Technologies a funded company?
Veritas Technologies is a funded company, having raised a total of $18.59M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $18.59M, raised on Dec 13, 2017.
What does Veritas Technologies do?
Veritas Technologies was founded in 1983 and is headquartered in Santa Clara, United States. Data governance software powered by cloud and AI technologies is provided to enterprises. Core operations encompass data management, including cloud backup, data protection, virtualization, visibility, GDPR compliance, data portability, workload portability, storage optimization, business continuity, and digital compliance. Services are tailored for enterprise-level data handling across various sectors.
Who are the top competitors of Veritas Technologies?
Veritas Technologies's top competitors include ServiceNow, Confluent and Egnyte.
What products or services does Veritas Technologies offer?
Veritas Technologies offers NetBackup, Backup Exec, and Backup Appliances.
How many acquisitions has Veritas Technologies made?
Who are Veritas Technologies's investors?
Veritas Technologies has 8 investors. Key investors include Cohesity, The Carlyle Group, Swan Corp, British International Investment, and Lok Capital.
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