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Access here alternative investment news about Ownbackup Raises $23.25M For Data Backup And Restore Services
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Ownbackup Raises $23.25M For Data Backup And Restore Services

by venturebeat.com posted 3weeks ago 17 views
OwnBackup, a cloud-to-cloud backup and restore vendor with offices in the U.K., New Jersey, and Tel Aviv, today announced that it’s secured $23.25 million in series C financing co-led by Insight Venture Partners and Vertex Ventures, with participation from existing investors Innovation Endeavors, Oryzn Capital, and Salesforce Ventures. The fresh capital comes after a year in which revenue grew 100% year-over-year — an achievement made more impressive by the backup and recovery market’s anticipated uptick to $18.21 billion by 2026 — and it brings OwnBackup’s total raised to over $50 million, according to Crunchbase.

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