Data-resilience firm Veeam has acquired Securiti AI, a company founded by Pakistani entrepreneur Rehan Jalil, for around $1.7 billion.
According to media reports, the deal is one of the biggest global exits involving a Pakistani founder and will integrate Securiti’s data-security and AI-governance tools into Veeam’s product line.
Securiti AI develops software that helps organizations discover, protect, and manage their data across cloud platforms and SaaS applications. Its flagship platform, the Data Command Center, enables customers to control privacy, governance, and security for data used in artificial intelligence systems.
Veeam said the acquisition will strengthen its ability to secure and manage business data as more companies adopt AI. Under the agreement, Securiti’s founder and CEO, Rehan Jalil, will join Veeam as President of Security and AI once the transaction closes later this year. The deal involves a mix of cash and stock and is subject to standard regulatory approvals.
Analysts say the acquisition highlights a growing demand for tools that ensure AI systems use data responsibly while maintaining privacy and compliance. This trend has boosted the value of firms like Securiti AI, which specialize in data protection and AI governance.
For Pakistan’s tech community, the sale marks a major milestone and a proud moment. Rehan Jalil, who has an extensive background in cloud security, founded Securiti to help companies adopt AI safely and ethically.
Veeam said it will continue to offer Securiti’s products and plans to integrate its privacy, governance, and AI-trust capabilities into Veeam’s backup and recovery services. The companies believe the merger will help customers adopt AI faster while keeping sensitive data secure and recoverable.