Veritas Technologies

What Veritas Technologies does

Veritas Technologies is a private enterprise data management company headquartered in Mountain View, California, founded in 1995, with 5,001–10,000 employees and operations spanning 30+ countries. The company provides a portfolio of enterprise data protection, backup, recovery, archiving, and cyber resilience products centered on the NetBackup platform, which supports 800+ data sources, 1,400+ storage targets, and 100+ operating systems, and incorporates a deduplication engine that reduces data transfer requirements by up to 98%. Complementary products include Backup Exec (SMB), Veritas Alta cloud data management and SaaS protection, InfoScale high availability, Enterprise Vault archiving, eDiscovery Platform, Data Insight, and Merge1 unified communications capture, with cybersecurity extensions covering threat protection, cyber vaulting, and recovery orchestration.

The company sells primarily to large enterprise and regulated-industry customers (financial services, healthcare, government) through direct enterprise field sales, channel partners and VARs, cloud service provider marketplaces, and managed service providers, with annual quote-based subscription and appliance pricing. Named enterprise customers include Nasdaq, Nationwide, Sky Lakes, and Oxford Health NHS Trust. Veritas has been named a Leader in the Gartner Magic Quadrant for Enterprise Backup and Recovery Software Solutions for 19 consecutive years.

The corporate structure has been materially redrawn in 2024. In February 2024, Veritas's data protection business announced a merger with Cohesity; in December 2024, Arctera was spun off as an independent company retaining the on-premises enterprise products NetBackup, Enterprise Vault, and InfoScale. The post-restructuring Veritas Technologies LLC continues to operate under the Veritas brand, with veritas.com linking users into the Cohesity platform (cohesity.com) and the Arctera product line, and is led by CEO Sanjay Poonen. AI capabilities span anomaly detection, natural language conversational search (Gaia), predictive ransomware analytics, and automated recovery orchestration, though the depth of proprietary model development versus third-party dependency is not disclosed.

Name

Veritas Technologies

Legal name

Veritas Technologies LLC

Website

https://veritas.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Veritas Technologies provides enterprise data protection, backup, recovery, archiving, and cyber resilience software centered on the NetBackup platform, serving large enterprise and regulated-industry customers globally. Following the 2024 merger of its data protection business with Cohesity and the Arctera spin-off, the company continues operating under the Veritas brand.

Ownership category

akta.pro rank

Product category

Enterprise Data Protection Software

NAICS

Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Backup & Recovery Software (HDABAEAD)

akta.pro secondary industries

Backup & Restore Platforms (Cloud Backup) (HDABAIAB), Hybrid Cloud Storage & Backup Infrastructure (HDABAMAG), Continuity for SaaS & Cloud Apps (M365/Salesforce Backup) (HDABAIAK), Backup & DR Software Implementation & Managed Platforms (BPAEALAI)

Keywords

• Enterprise data protection
• Backup and recovery
• Cyber resilience
• Data management platform
• Cloud backup services

Headquarters

HQ city

Mountain View

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Enterprise Software Licenses: NetBackup and other enterprise software solutions sold through perpetual licenses and subscriptions to large organizations
2. Backup Appliances: Pre-configured hardware and software appliances for data protection deployment
3. Support and Maintenance Services: Business Critical Services, Managed Services, and technical support offerings
4. Education Services: Technical training and certification programs for Veritas products

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Veritas Technologies sells enterprise data management software that protects, recovers, and archives data across hybrid cloud, on-premises, and SaaS environments. Its core offering is the NetBackup backup and recovery platform, extended through Veritas Alta cloud-delivered services, InfoScale application resilience, and the Cohesity Data Cloud platform following the 2024 merger. Products are sold to large enterprises requiring data resilience, ransomware protection, regulatory compliance, and cloud workload protection.

Product overview

Veritas Technologies offers an enterprise data management portfolio that includes the industry-leading NetBackup backup and recovery platform along with integrated products for data protection, cyber resilience, and information governance. The product portfolio centers on NetBackup as the core enterprise backup software, complemented by backup appliances, SaaS protection services (Veritas Alta), and enterprise archiving solutions (Enterprise Vault, eDiscovery Platform, Data Insight). Following the merger with Cohesity, the combined entity provides a unified data security and management platform (Cohesity Data Cloud) spanning hybrid cloud, on-premises, and SaaS environments. Key products include NetBackup for enterprise backup, Backup Exec for SMB, InfoScale for high availability, Veritas Alta SaaS Protection for cloud applications, and specialized cyber resilience modules including threat detection, immutable backup storage, and automated recovery orchestration. The portfolio enables organizations to protect 1,000+ workloads, detect AI-powered threats, and recover rapidly from cyber attacks.

Differentiator

Problem solved

Functional benefit

Products and services

• NetBackup
• Backup Exec Simplified and cost-effective data recovery solution designed for small to medium businesses, providing reliable backup and restore capabilities for physical and virtual environments.
• NetBackup Appliances Pre-configured backup appliances that deliver NetBackup functionality in a turnkey hardware solution, enabling rapid deployment and simplified management of data protection operations.
• Veritas Alta SaaS Protection Multi-layered data protection service for SaaS applications including Microsoft 365, Google Workspace, Slack, and Box, providing backup, recovery, and archiving capabilities as a managed service.
• Veritas Alta Recovery Vault Fully managed cloud data retention service providing secure, scalable storage for long-term data preservation with built-in compliance and data sovereignty features.
• Veritas Alta Backup as a Service Cloud-delivered backup and recovery service enabling organizations to protect workloads without managing underlying infrastructure, offering subscription-based data protection.
• Enterprise Vault Enterprise information archiving solution that automatically captures and preserves email, documents, and other communications for compliance, eDiscovery, and storage optimization.
• eDiscovery Platform Digital forensics, investigation, and document review platform for legal and compliance teams, enabling efficient identification and collection of relevant electronic information.
• InfoScale SLA-driven resilience platform providing high availability and disaster recovery for business-critical applications, ensuring data protection and application uptime across hybrid environments.
• Cohesity Data Cloud Unified data security and management platform spanning data protection, cyber resilience, and data insights across cloud, on-premises, and SaaS environments, powered by AI for threat detection and recovery automation.
• Business Critical Services and Support Business Critical Services, Managed Services, and technical support offerings for Veritas products, plus education services for technical training and certification.

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

AI capability8 records

Feature6 records

Partnerships

Five partnerships are on record, tiered major and core.

• CohesitymajorStrategic or Co-development Partner · 1 February 2024Cohesity announced merger with Veritas's data protection business in February 2024, consolidating the competitive landscape in the data protection market. This strategic combination brings together Cohesity's modern data security platform with Veritas's enterprise backup and recovery expertise.
• AWS (Amazon Web Services)coreTechnology or IntegrationVeritas solutions support AWS environments as part of hybrid cloud data protection strategy, with customers able to store data in compliance with country-specific regulations
• Microsoft AzurecoreTechnology or IntegrationVeritas provides data protection solutions for Microsoft Azure and Microsoft 365 workloads
• Google CloudcoreTechnology or IntegrationVeritas solutions support Google Cloud Platform and Google Workspace data protection
• VMwarecoreTechnology or IntegrationVeritas provides backup and recovery solutions for VMware virtualized environments

Scale indicators2 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Cohesity: Cohesity merged with Veritas's data protection business in February 2024 and now operates as the unified platform spanning NetBackup and Cohesity Data Cloud. Both serve enterprise backup, recovery, and cyber resilience workloads across hybrid cloud environments.
• Veeam Software: Veeam is a direct competitor in enterprise and mid-market backup and recovery, with strong virtualization, cloud, and SaaS data protection offerings. It is consistently named alongside Veritas as a top vendor in Gartner's backup Magic Quadrant.
• Commvault Systems: Commvault competes directly with Veritas across enterprise data protection, backup, archiving, and disaster recovery. Both serve large enterprises with hybrid cloud and SaaS protection requirements and are consistently compared head-to-head in Gartner evaluations.
• Acronis: Acronis delivers backup, disaster recovery, and cyber protection for mid-market and enterprise customers, including SaaS and M365 workloads. It is regularly named alongside Veritas in industry market share rankings.
• Barracuda Networks: Barracuda provides data protection, backup, and ransomware defense solutions primarily for mid-market and SMB customers. It competes with both Veritas NetBackup and Backup Exec, particularly in cloud and SaaS protection.
• Zerto: Zerto specializes in disaster recovery and continuous data protection for virtualized and cloud environments. It competes with Veritas InfoScale and NetBackup for high-availability and DR workloads in enterprise settings.

Emerging players

• Rubrik: Rubrik is a cloud-native data security and backup vendor focused on enterprise and mid-market customers with zero-trust data protection. It competes with Veritas NetBackup and Veritas Alta in hybrid cloud and SaaS data protection scenarios.
• Druva: Druva delivers a 100% SaaS-based data protection platform targeting cloud-first enterprises, directly competing with Veritas Alta for M365, AWS, and hybrid cloud workloads. It represents the cloud-native challenger model that Veritas is converting toward.

Broad incumbents

• Dell Technologies: Dell's PowerProtect and Data Domain product lines compete with Veritas in enterprise backup and integrated appliance deployments. As a broad incumbent, Dell offers overlapping capabilities as part of a much larger infrastructure portfolio.
• IBM: IBM Spectrum Protect competes with Veritas NetBackup in large enterprise environments, particularly in regulated industries. As a broad incumbent, IBM bundles backup with storage, mainframe, and hybrid cloud services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/veritastechllc
• LinkedInlinkedin.com/company/veritas-technologies-corporation

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veritas Technologies