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Veeam to Buy Securiti AI for $1.7B to Unite Data Resilience and AI Security

Veeam Software announced plans to acquire Securiti AI for $1.725 billion, in a deal that unites the data resilience specialist with a top provider of Data Security Posture Management (DSPM), privacy, and AI trust technologies.

The acquisition, expected to close in the fourth quarter subject to regulatory approval, will create what the companies describe as a single command center to help organizations understand, secure, recover, and manage data across hybrid, multi-cloud, and Software-as-a-Service (SaaS) environments.

Veeam said combining its data resilience capabilities with Securiti AI's DSPM, governance, and AI trust tools will enable enterprises to better secure both production and secondary data. The unified platform is designed to address challenges such as fragmented data across applications and clouds, rising cyberattacks, and stalled AI projects caused by untrusted or ungoverned data.

Key highlights of the deal as provided by a spokesperson include:

  • Ransomware threats are escalating, regulations are tightening, and AI initiatives are stalling because the data feeding them can't be trusted.
    • Industry studies show that 80-90% of AI projects fail, many due to issues with data accuracy, lineage, permissions and identity.
  • The acquisition will aim to eliminate the challenge of managing fragmented data and ensure the data feeding AI projects is accurate, governed and trusted.
  • From the combination of Veeam and Securiti AI, users can turn to a single command center to oversee all their data, helping organizations protect, recover and rollback data with precision to unleash AI innovation securely.

"We've entered a new era for data. It's no longer about just protecting data from cyber threats and unforeseen disasters; it's also about identifying all your data, ensuring it's governed and trusted to power AI transparently," said Anand Eswaran, CEO at Veeam. He added that combining the two companies' technologies will allow customers to "understand, secure, recover, and rollback, and unleash their data to drive new business value."

Rehan Jalil, CEO of Securiti AI, said the integration "creates a new value proposition for customers with one data command center delivering data resilience, DSPM, privacy, governance, and AI trust for your entire data estate." Jalil will join Veeam as President of Security and AI following the close of the acquisition.

Securiti AI's flagship offering, the Data Command Center, uses a knowledge graph to unify data intelligence and security controls across hybrid and multi-cloud environments. It also includes an agentic AI framework for automating data intelligence and governance, and a module called Gencore AI for safe enterprise AI search. The company is recognized as a leader in DSPM, AI security, and privacy.

Industry analyst Paul Stringfellow of GigaOm said the combination of Veeam and Securiti AI "bridges the gap between security, governance, compliance, and resilience," allowing organizations to gain a context-rich view of their data and apply precise controls for compliance and risk management. He added that "the combined solution not only safeguards sensitive information and prevents unauthorized access to AI models but also strengthens the ability to detect and mitigate risks swiftly, maintaining both privacy and regulatory compliance."

Veeam plans to continue offering Securiti AI's Data Command Center alongside its existing product family and will announce new integrated capabilities soon. The company will discuss the acquisition and related innovations at the VeeamON Global Launch virtual event on Nov. 19.

About the Author

David Ramel is an editor and writer at Converge 360.

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