Veritas Technologies

Veritas Technologies

Signal active

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

Founded

1995

Industry

Information Services

Employees

5001-10000

Investment

7

Lead Investment

1

Exits

6

Stages

Early Stage Venture, Late Stage Venture

Investor Type

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

imagePlace Mark P. Dentinger

Mark P. Dentinger

Executive Vice President and Chief Financial Officer

imagePlace Anand Kekre

Anand Kekre

Head of Technical Innovation - CTO Office

imagePlace Alex Sakaguchi

Alex Sakaguchi

Senior Director, Global Solutions Marketing

imagePlace Bill Gargiulo

Bill Gargiulo

Head of Global Customer Success

imagePlace Stuart Carter

Stuart Carter

Distinguished Engineer

imagePlace Richard Clark

Richard Clark

Senior Vice President, Worldwide Cloud Sales and Business Development

Investment portfolio

Veritas Technologies has made 7 investments. Their most recent investment was on Feb 10, 2004, when 3PAR raised $32.0M.

Veritas Technologies has made 2 diversity investments. Their most recent diversity investment was on Aug 16, 2000, when VMware raised $5.0M.

investments

7

Diversity investments

2

Lead investments

1

Number of exits

6

Investments

7

Annouced DateOrganization NameIndustryMoney Raised
Sep 26, 2000
3ware 3ware
Internet43.0M
May 02, 2001
Sanrise Sanrise
Self-Storage115.0M
Oct 01, 2001
Pirus Networks Pirus Networks
Information Technology40.0M
Feb 10, 2004
3PAR 3PAR
Software32.0M

Exits

6

Funding Timeline

Funding rounds

7

Investors

0

Funds

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 DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Sep 26, 2000
Series D - 3ware Series D - 3ware
-43.0M-
May 02, 2001
Series B - Sanrise Series B - Sanrise
-115.0M-
Oct 01, 2001
Series B - Pirus Networks Series B - Pirus Networks
-40.0M-
Feb 10, 2004
Series D - 3PAR 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 DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

Recent Activity

There is no recent news or activity for this profile.