![]() It was clear from our first meeting that we had an alignment in core values and rules. Inovia selected to put cash into Rewind due to the unbelievable management and ambition of the manager staff and founders. The Series A spherical was led by Inovia Capital, with participation from Ridge Ventures, Bessemer Venture Partners, ScaleUP Ventures, Fundfire, Mistral Venture Partners and some technology-focused angel buyers. The service also has the ability to back up its customers’ knowledge in a number of information facilities around the globe to make sure it could meet their distinctive data privateness, safety and compliance wants. It permits companies to get well from any downside, together with tiny information errors or massive data disasters, Rewind mentioned. ![]() They needed to construct a Shopify app in their spare time and launched the first iteration of Rewind’s product free of charge on Shopify’s app store for its retailers that June. Rewind was founded in 2015 by Ottawa know-how sector veterans Mike Potter, the chief government charles k kao net worth, and his friend James Ciesielski, chief expertise officer. ![]() Potter particularly pointed to plans to rent engineers to help Rewind launch on different SaaS platforms. Overcoming the complexities of supporting a quantity of cloud apps, the Rewind staff has efficiently created a repeatable product growth process to build and replicate solutions throughout cloud platforms.Ĭurrently a staff of 55 employees, Rewind is predicted to grow to greater than 130 using its Series A capital. We seek to transform enterprise capital by perfecting the craft of investing in folks first. Inovia Capital is a full-stack enterprise agency that companions with audacious founders to assemble enduring global know-how firms. Rewind, an information backup and recovery platform for software-as-a-service functions, has raised $65 million in a collection B spherical of funding. Based on a dramatic spike in businesses’ reliance on cloud purposes over the last three years, Rewind has protected the data of higher than eighty,000 corporations worldwide and grown its income by 1,113 p.c. Rewind right now introduced the close of a USD $15 million Series A spherical of financing led by Inovia Capital. Other participants in the funding round included Ridge Ventures and Bessemer Venture Partners. The company claims to have protected the info of greater than eighty,000 organizations worldwide, together with Badgley Mischka, Charmin, Magnolia, Pampers, and Paul Mitchel. “We see Rewind as a pillar of the cloud backup and recovery space,” he said in a statement. Insight’s other investments embrace OwnBackup, which backs up knowledge for Salesforce prospects, and Veeam, which supplies comparable services for users of Google and Microsoft 365 software. ![]() Saas Information Recovery And Backup Supplier Rewind Raises $65m ![]()
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