Veeam Software: Acquired by Insight Partners
- Last year Insight Partners invested $500M in cloud data management company Veeam
- Veeam helps customers with cloud data backup and disaster recovery
- The company, which has been based in Baar, Switzerland, says that it had $1B in revenue last year
- Insight Onsite is Insight Partners strategy arm that is designed to help its portfolio companies be more successful
- It provides a range of services in key business areas, like sales, marketing and product development
- The deal expected to close in the first quarter this year
