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Insight Partners, Salesforce Ventures and Sapphire Ventures led a $167.5m Series D funding round in OwnBackup.

Synopsis

Insight Partners, Salesforce Ventures and Sapphire Ventures, three investment firms, led a $167.5m Series D funding round in OwnBackup, a cloud data protection platform. The round was joined by Innovation Endeavors, Vertex Ventures, and Oryzn Capital. “The Salesforce Customer 360 Platform is helping organizations digitally transform their businesses to have a single source of truth for their customers. We're glad to elevate our support for OwnBackup's solution, which extends the capabilities of our platform by providing end-to-end data protection,” Sarah Franklin, Salesforce CMO.

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