# Kasten

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kasten

- Industry: Software
- Headquarters: Los Altos, US
- Website: www.kasten.io
- Total disclosed funding: $14M
- Latest round: Series A (Aug 13, 2019)
- Investors on record: 1

## About

Kasten, Inc. specializes in data protection and mobility solutions, focusing on hybrid and multi-cloud environments to safeguard applications and data across various infrastructures.Kasten, Inc., founded in 2017 and headquartered in Los Altos, US, provides data management solutions for hybrid and multi-cloud environments. In October 2020, Kasten was acquired by Veeam Software Corporation AG for USD 150 mn in cash and equity. The firm has completed a total of 2 deals to date, with Veeam Software Group GmbH leading the latest funding round. The founder’s background is not specified.Kasten, Inc. offers a suite of data protection and mobility solutions, particularly for hybrid and multi-cloud settings. The Veeam Data Platform, its flagship product, protects applications and data across physical, virtual, and cloud infrastructures. Their services include advanced backup and recovery solutions tailored for platforms such as AWS, Microsoft Azure, Google Cloud, and Kubernetes. Kasten caters to a global clientele, focusing on sectors like healthcare, finance, and government where data security is critical.Kasten, Inc. generates revenue through a subscription-based model, allowing customers flexible access to its data protection solutions. Transactions typically occur through direct sales and partnerships, utilizing various procurement channels. The company's offerings, including the Veeam Data Platform, are central to its revenue, focusing on scalable solutions for diverse operational needs.Kasten, Inc. plans to leverage its recent acquisition by Veeam Software to enhance its product offerings and expand globally. The company will utilize the investment from the USD 150 mn acquisition to develop new data protection products tailored for emerging cloud services and expand its presence in North America and Europe by 2022. This strategic initiative aims to address the increasing demand for comprehensive data management solutions across various industries.

## Funding rounds

- Series A, Aug 13, 2019, $14M — Insight Partners

## Investors

- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A