Rewind Bags $15 Million in Latest Series A Funding

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Rewind Bags _15 Million in Latest Series A Funding

Rewind, a backup-as-a-service (BaaS) solution provider company, has announced that it has secured $15 million in recent Series A funding. The financing round was led by Inovia Capital, in with participation from Ridge Ventures and Bessemer Venture Partners.

Mike Potter, CEO and co-founder at Rewind explains – “We are committed to giving all businesses a reliable way to protect and control the cloud data that fuels their business success. With the support of our investors, our goal is to develop advanced backup-as-a-service solutions for all top cloud apps.” 

With this funding, the company plans to deliver new, faster data protection solutions, continue expansion, and accelerate product development. Rewind is also looking forward to hiring a core business functions team – including sales, marketing, R&D, and customer services.

Source: SecurityWeek