Alcion
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Data-protection software addressing ransomware, malware, accidental loss and outages.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Series A
San Francisco-based Alcion, a security-first AI-driven data management startup co-founded by Niraj Tolia and Vaibhav Kamra (the Kasten co-founders), raises a $21 million Series A round led by Veeam, bringing its total backing to $29 million; its flagship product is a cloud platform for backing up Microsoft 365 data.
- Acquired by Veeam
On September 18, 2024, Veeam announces it has acquired Alcion (terms undisclosed) and appoints co-founder Niraj Tolia as Chief Technology Officer; the Alcion team joins Veeam to advance the Veeam Data Cloud.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.