Announced
Completed
Financials
Sources
Tags
Private Equity
Friendly
Minority
cloud data
Venture Capital
Completed
Private
data protection
Acquisition
United States
Software
Domestic
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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