{"id":12180,"date":"2019-05-30T16:41:44","date_gmt":"2019-05-30T16:41:44","guid":{"rendered":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/?p=12180"},"modified":"2022-10-14T18:28:53","modified_gmt":"2022-10-14T22:28:53","slug":"ownbackup-gets-23m-for-cloud-to-cloud-backup-and-recovery","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/crm\/ownbackup-gets-23m-for-cloud-to-cloud-backup-and-recovery.html","title":{"rendered":"OwnBackup Gets $23M for Cloud-to-Cloud Backup and Recovery"},"content":{"rendered":"\n

The company helps with data compliance such as GDPR in the Salesforce ecosystem<\/em><\/p>\n\n\n\n

OwnBackup<\/a>, a leading cloud-to-cloud backup and recovery vendor, today announced<\/a> the close of a $23.25 million Series C round of financing co-led by\u00a0Insight Venture Partners\u00a0and\u00a0Vertex Ventures. Existing investors\u00a0Innovation Endeavors,\u00a0<\/a>Oryzn Capital\u00a0and\u00a0Salesforce Ventures\u00a0also participated in the round. The company also announced the general availability of\u00a0OwnBackup Archiver, which empowers businesses to efficiently meet internal and external compliance policies for SaaS data.<\/p>\n\n\n\n

\u201cThanks to the unwavering support of\nour committed investment partners, we will be able to continue to scale to meet\nescalating market demand for our solutions as companies realize the need to\nclaim ownership of cloud data security concerns and proactively ensure their\ndata is protected and accessible at all times,\u201d noted OwnBackup CEO Sam\nGutmann. \u201cAs we set the bar for cloud data protection, our focus continues to\nbe growing the team and leading the pack in cloud data protection innovation.\u201d<\/p>\n\n\n\n

OwnBackup helps more than\u00a01,000 businesses\u00a0worldwide protect critical cloud data\u2014securing trillions of SaaS and PaaS records to prevent data corruption\/data loss, ensure business continuity, minimize operational disruptions and meet compliance mandates. Achieving 100 percent year-over-year revenue growth for its cloud data protection platform, OwnBackup will use the investment to build on its tremendous momentum in the Salesforce ecosystem. With plans to deepen its partner network and double both its engineering and European teams, OwnBackup will increase its presence around the globe and expand its product offerings to support a wide range of cloud data needs.<\/p>\n\n\n\n

\u201cOwnBackup has demonstrated value\nfor Salesforce customers and partners,\u201d noted Mike Wolff, SVP Global ISV\nPartners, Salesforce. \u201cOwnBackup data protection solutions are a welcome addition\nto Salesforce AppExchange, and we are thrilled by the company\u2019s steadfast\ncommitment to the Salesforce community.\u201d<\/p>\n\n\n\n

In addition to the funding, OwnBackup announced the general availability of OwnBackup Archiver which addresses regulatory compliance needs while optimizing the performance of users\u2019 SaaS platforms. The archiving tool automatically archives data and attachments that are no longer needed in production \u2013 while maintaining their integrity, data access and security to comply with a wide range of regulations and policies.<\/p>\n\n\n\n

To drive growth across Europe, OwnBackup also appointed Gareth Morris as VP of Sales for EMEA. Bringing almost two decades of enterprise software sales and leadership to his new role, Morris will focus on expanding the company\u2019s European footprint. Based in OwnBackup\u2019s London office, he will grow and manage the EMEA sales team.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company helps with data compliance such as GDPR in the Salesforce ecosystem OwnBackup, a leading cloud-to-cloud backup and recovery vendor, today announced the close of a $23.25 million Series C round of financing co-led by\u00a0Insight Venture Partners\u00a0and\u00a0Vertex Ventures. Existing investors\u00a0Innovation Endeavors,\u00a0Oryzn Capital\u00a0and\u00a0Salesforce Ventures\u00a0also participated in the round. The company also announced the general availability<\/p>\n","protected":false},"author":44,"featured_media":12181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[215],"tags":[1869,1720,1930,1931,1933,1932],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/12180"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=12180"}],"version-history":[{"count":1,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/12180\/revisions"}],"predecessor-version":[{"id":12182,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/12180\/revisions\/12182"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media\/12181"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=12180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=12180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=12180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}