Veritas remains privately held. The stock is not listed on any public market.
Veritas has no published valuation.
No funding round for Veritas has been disclosed yet.
No investor is named on the Veritas record yet.
Veritas Technologies develops storage management software, including the enterprise backup product NetBackup, the personal and small-office tool Backup Exec, and the VxFS journaling file system and VxVM volume manager. Its customers span large enterprises that rely on the company for data protection across on-premises and cloud environments.
Headquartered in Santa Clara, California, the company traces its roots to Tolerant Systems, founded in 1983 by Eli Alon and Dale Shipley to build fault-tolerant computer systems. Veritas merged with Symantec in 2004, was carved out again in 2016 when Carlyle Group bought it for $8 billion, and sold its data protection and data security unit to Cohesity for $3 billion in 2024, with the remainder spun off as an independent company called Arctera.
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Veritas Technologies develops storage management software, including the enterprise backup product NetBackup, the personal and small-office tool Backup Exec, and the VxFS journaling file system and VxVM volume manager.
Veritas is private, so its shares are not available on public markets.
Veritas launched in 2021.
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