Security News > 2021 > February > OwnBackup raises $167.5M to support investments in global expansion and extend platform

"Since day one, we've believed that no company operating in the cloud should ever lose data. We are laser-focused on achieving our vision of a single pane of glass for companies to manage, backup, and secure all of their SaaS data," said Sam Gutmann, CEO of OwnBackup.

"As cloud adoption and digital transformation accelerate, the data produced by and stored in SaaS applications is growing even faster. Executives recognize that their approach to cloud data management and security must evolve and adapt to a cloud-native paradigm. Our platform is purpose-built for cloud-to-cloud backup and protection and this latest round of funding is the next step in our mission to help our customers truly own their SaaS data."

"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."

The additional funds will support ongoing investments in global expansion and extend OwnBackup's platform to help companies big and small manage and secure their most mission-critical SaaS data.

"Every CIO needs to realize they-not their SaaS vendors-are ultimately responsible for their organization's data, so smart business continuity strategies are paramount. That's why we're excited to collaborate with and support OwnBackup's extraordinary leadership team as they continue to deliver incredible customer value in the Salesforce ecosystem and beyond."

"We are thrilled to continue to financially and operationally support the strong team at OwnBackup to accelerate their growth trajectory."

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