OwnBackup Raises $167.5 Million Investment from Insight Partners, Salesforce Ventures, and Sapphire Ventures
OwnBackup Raises $167.5 Million Investment from Insight Partners, Salesforce Ventures, and Sapphire Ventures
01/28/21, 2:04 PM
Location
Money raised
$167 million
OwnBackup, a leading cloud data protection platform, today announced a Series D investment of $167.5 million co-led by Insight Partners, Salesforce Ventures, and Sapphire Ventures, with participation from existing investors Innovation Endeavors, Vertex Ventures, and Oryzn Capital. Following a $50 million financing announced just six months ago, OwnBackup’s cumulative funding now totals over $267.5 million. This further underscores the expanding market for cloud data protection and OwnBackup’s position as the platform of choice for nearly 3,000 customers.