OwnBackup Closes $15.5 Million Financing Round

Press release published by: https://www.storagenewsletter.com/
This is a Press Release edited by Storagenewsletter.com on 2018.04.13
Source URL: https://www.storagenewsletter.com/2018/04/13/ownbackup-closes-15-5-million-financing-round/

OwnBackup Ltd., in backup and recovery, announced the close of a $15.5 million round of financing co-led by new investor Vertex Ventures and existing investor Insight Venture Partners. Existing investors Innovation Endeavors, Oryzn Capital and Salesforce Ventures also participated in the round.

Serving hundreds of mid-sized companies and large enterprises across major industry, OwnBackup helps customers protect critical cloud data-securing trillions of SaaS/PaaS records every day, preventing data corruption, ensuring BC, minimizing operational disruptions and meeting compliance mandates.

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