The round was co-led by Insight Partners, Salesforce Ventures, and Sapphire Ventures, with participation from existing investors Innovation Endeavors, Vertex Ventures, and Oryzn Capital. Following a $50 million financing announced just six months ago, OwnBackup's cumulative funding now totals over $267.5 million. This further underscores the expanding market for cloud data protection and OwnBackup's position as the platform of choice for nearly 3,000 customers.

OwnBackup, the leading cloud-to-cloud backup and restore platform, provides secure, automated, daily backups of SaaS and PaaS data, as well as sophisticated data compare and restore tools for disaster recovery. Helping nearly 3,000 businesses worldwide protect critical cloud data, OwnBackup covers data loss and corruption caused by human errors, malicious intent, integration errors, and rogue applications. Built for security and privacy, OwnBackup exceeds the General Data Protection Regulation (GDPR) requirements for backed-up data. Co-founded by seasoned data recovery, data protection, and information security experts, OwnBackup is a top-rated backup and restore ISV on Salesforce AppExchange and was awarded the Salesforce Appy Award in 2018. OwnBackup ranked number 25 on the 2020 Financial Times Americas' Fastest Growing Companies list and 79 on the 2020 Deloitte Technology Fast 500™ list. Headquartered in Englewood Cliffs, N.J., with R&D, support, and other functions in Tel Aviv and London, OwnBackup is the solution of choice for some of the world's largest users of SaaS applications.