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New Deal


Announced

Completed

Insight Partners led a $65m Series B round in Rewind.

Financials

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Transaction Value£47m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cloud computing

Minority

United States

Domestic

backup solutions

Private

big data

Software

Private Equity

Venture Capital

Acquisition

Completed

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Synopsis

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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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