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Investment Firm
Overview
Veritas Technologies develops and delivers backup and recovery, business continuity, information governance, and storage management solutions worldwide. It provides backup and recovery products that comprises system recovery solutions for protecting desktops, laptops, servers, and virtual machines as well as NetBackup appliances that provide backup and recovery for data centers, remote offices, and virtual environments.
Its business continuity products include InfoScale Enterprise that offers business continuity and software-defined storage for critical services across data centers, Backup Exec, a backup and recovery solution for mid-sized organizations, Disaster Recovery Orchestrator that offers disaster recovery for business applications, and Veritas Enterprise Vault, a SaaS based data archiving solution. Its information governance products include data insight that provides the tracking and reporting necessary to deliver organizational accountability for file usage and security.
Veritas Technologies also offers Integrated Classification Engine, a technology that enables organizations to scan and tag data to ensure that sensitive or risky information is properly managed and protected. Moreover, it provides education services; business critical services, consulting services, managed services that include monitoring, management, and support of backup and archiving environments, and appliance installation and custom configuration services.
Veritas Technologies offers unstructured data growth, multi-vendor hybrid cloud, healthcare, and government solutions. Its software and hardware products help Fortune 500 companies protect, identify, and manage data within environments ranging from traditional data centers to private, public, and hybrid clouds.
Veritas Technologies has its origins in Tolerant Systems founded in 1983 by former Intel employees Eli Alon and Dale Shipley, after which it became subsumed in 2004 to Symantec. It separated from Symantec on January 29, 2016, a year after Symantec sold it to the Carlyle Group.
Veritas Technologies has a strategic partnership with Microsoft. Its headquarters is in Mountain View in California.
Highlights
1995
Information Services
5001-10000
7
1
6
Early Stage Venture, Late Stage Venture
N/A
Location
United States, North America
Contact Information
Social
Profile Resume
Veritas Technologies, established in 1995 and headquartered in United States, North America., specializes in Early Stage Venture, Late Stage Venture investments across Information Technology, Software, Network Hardware, Data Storage, Financial Services, Venture Capital, Finance, FinTech, Business Development, Education. The organization boasts a portfolio of 7 investments, with an average round size of $44.9M and 6 successful exits. Their recent investments include Pirus Networks, JAFCO Asia, Bessemer Venture Partners, CRV, Globespan Capital Partners. The highest investment round they participated in was $38.0B. Among their most notable exits are Pirus Networks and JAFCO Asia. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Employees
Investment portfolio
7
2
1
6
Investments
7
Annouced Date | Organization Name | Industry | Money Raised |
---|---|---|---|
Sep 26, 2000 | 3ware | Internet | 43.0M |
May 02, 2001 | Sanrise | Self-Storage | 115.0M |
Oct 01, 2001 | Pirus Networks | Information Technology | 40.0M |
Feb 10, 2004 | 3PAR | Software | 32.0M |
Exits
6
Funding Timeline
7
0
0
Funding Rounds
7
Veritas Technologies has raised 7 rounds. Their latest funding was raised on Feb 10, 2004 from a Series D - 3PAR round.
Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
---|---|---|---|---|
Sep 26, 2000 | Series D - 3ware | - | 43.0M | - |
May 02, 2001 | Series B - Sanrise | - | 115.0M | - |
Oct 01, 2001 | Series B - Pirus Networks | - | 40.0M | - |
Feb 10, 2004 | Series D - 3PAR | - | 32.0M | - |
Investors
0
There is no funding round available on this profile
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
Annouced Date | Fund Name | Money Raised |
---|---|---|
May 10, 2013 | OTPPLESS | 1.0M |
May 11, 2013 | OTPPLESS | 1.0M |
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