Announced
Completed
Financials
Tags
cloud computing
Minority
United States
Domestic
backup solutions
Private
big data
Software
Private Equity
Venture Capital
Acquisition
Completed
Friendly
Synopsis
Insight Partners, a private equity firm, led a $65m Series B funding round in Rewind, a data backup solutions provider. Additional investors include Bessemer Venture Partners, FundFire, Inovia Capital, Ridge Ventures, ScaleUp Ventures, Atlassian Ventures and Union Ventures. “We see tremendous opportunities to backup the entire cloud and are working towards that vision. This latest round of funding will allow us to expand our reach, bring additional SaaS backup solutions to the market, and raise awareness for the need to include all cloud and SaaS applications in a business’s backup and recovery strategy," Mike Potter, Rewind Co-Founder and CEO.
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