OwnBackup Closes $7.5M Series B Funding

Funding Rounds

▤ Summary

OwnBackup, a Fort Lee, New Jersey-based Software-as-a-Service (SaaS) application backup and restore vendor, closed a $7.5m Series B funding.The company intends to use the funds to grow the team, scale the business, deliver innovative solutions and raise awareness of the need for more proactive protection of valuable enterprise SaaS-based data.Led by Sam Gutmann, CEO, OwnBackup provides secure, automated, daily backups of SaaS and PaaS data, as well as data compare and restore tools for disaster recovery.The company’s solutions cover data loss and corruption caused by human errors, malicious intent, integration errors and rogue applications.OwnBackup has an R&D and Support Center in Tel Aviv, Israel.

$ Funding

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Amount $7.5M Total raised
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Date July 13, 2017 Announcement date
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Investors Oryzn Capital, Salesforce Ventures, Insight Partners, Innovation Endeavors Lead investors
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Company http://www.ownbackup.com Funded company

▥ Classifications

industries
HealthTech
applications
Data Management

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▦ Linked Companies

OwnBackup
$50M to $100M