Veeam, which helps its users secure and recover their data, has seen its valuation spike in a recent secondary sale that was aimed at bolstering the company’s cap table before an eventual IPO. The Insight Partners-backed company said on Tuesday it had raised $2 billion in a secondary share sale that valued it at $15 billion. TPG led the investment, while Temasek, Neuberger Berman Capital Solutions and others participated. The sale will close in Q1 2025. This sale triples Veeam’s price tag since ...