Rewind has been a mission in order to help a business protect their SaaS and cloud data since 2015. Today more customers trust rewind top reviewed apps and bear to hold their SaaS application to run uninterrupted.
Rewind is one of the data backup and recovery platforms for SaaS applications that have raised $65 million in a series B round of funding. In 2015, founded out of Ottawa, it offered data backup services for various businesses.
Well, the rewind platform allows companies in order to back up, restore, and copy the data that maintain their business. It is easy to become complacent and ignore the potential for loss when it comes to SaaS solutions that ensure critical company data. Of course, Rewind is a cloud-based backup and disaster recovery service that will assist businesses in protecting and securing their data. The platform is quick and easy to set up, and then you can easily assure that your data is safe and there is no matter what happens. To know better points consider the post, direct to the downward passage, and earn more additional data.
Funding round in rewind platform
Rewind closes a $65M funding round that insight partners will lead, and so the investment is used to develop employee count and enhance the backup platform in order to cover more SaaS applications. As Rewind co-founder and CEO Mike Potter said, the SaaS application backup is an under-addressed market; most vendors are focusing on the big three as per saas 65m sawersventurebeat.
Well, the business will lose time or important data while their internet storefront or software development environment goes down; otherwise, in case they accidentally delete something on the platform. Of course, for consumers who rely on the SaaS application, third-party tools for creating backup copies and restoring the data are more crucial than they are for office 365 and Salesforce porter. Well, Rewind needs to attract more investors crucially as per canadian rewind 65m series januarysawersventurebeat.
Nevertheless, every platform Rewind SaaS platform is enhancing to grow, and then the fact that well-known venture capital company insight partners led the rewind series B funding round shows the newly added recognized crucial of SaaS data protection. The funding round has four numbers, and the total funding amount is $65M, as per saas 65m sawersventurebeat.
Who led the funding in Rewind?
Twelve investors fund Rewind, so Union ventures and Ridge Ventures are the most recent investors who have led the platform’s funding. Before right now, Rewind has raised a little $15 million, so most of it arrived thru a series A round announcement. With another $65 M in the bank from esteemed investors is like as Insight partners, Bessemer ventures partners, Inovia Capital, Ridge Ventures, Atlassian Ventures, Union Ventures, FundFire, and ScaleUp Ventures, the business is well-financed in order to take advantage of the rising cross-industry drive to the cloud as per know rewind saas 65m series januarysawersventurebeat.
However, why often raise its last round of funding, and so it is all about and twice down on the growth that has been seen through in the pandemic bear rapidly thru and hold of remote work. Well, the demand for cloud backup services is often developing specifically as companies are picked in order to remain remote or hold the hybrid work scenarios. Well, the latest fund round will continue to enhance the new backup solution for SaaS and recruit the talent needed to market these products.
Co-founder Mike Potter’s statement on funding
As businesses turn out to be more reliant on cloud tools and the information stored inside them, having backups may end up as popular practice for information and enterprise continuity, rewind co-founder and CEO Mike Potter told Venture Beat. While organization backup players undertake the main software program gear like Microsoft and Salesforce, the industry is hungry for the capability to expectantly backup and easily repair information from the developing listing of packages and cloud tools that preserve groups going for walks, and so that is in which Rewind gets nearer in.
Rewind is trying to bolster its function inside the statistics backup and curative space by filling an essential role in contemporary backup safety efforts and enlarging its insurance to many extra applications that corporations of all sizes have come to rely on. The employer has already announced plans to combine with SaaS an offering that includes Xero, Zen-desk, Git-Lab, Bit Bucket, Jira, Weebly, Hub-spot, Zoho, confluence, Basecamp, monday.Com, Asana, Airtable, with the individual rollouts anticipated in the future months. This move will also open Rewind’s enchantment more to the organization sphere.
The problems we are fixing for the organization are just like SMB; however, we presently provide extra SMB clients than a corporation, a CEO of Rewind Potter said. As we circulate into supporting structures which include Zendesk, jira, and Bit-bucket, we can begin seeing more organization customers.
Services offered by Rewind
Rewind is a cloud-based backup and disaster-healing carrier that allows companies of all sizes to defend their data. It’s designed to be brief and smooth to install, so you can rest assured that your facts are secure regardless of what takes place. Here’s how it works: after you’ve signed up for a rewind account, you can hook it up for your various SaaS services. Rewind helps all the large names you’re familiar with, including Shopify, Quick Books Online, Jira, Git-hub, Trello, and Big Commerce. Rewind takes a photograph of all of the facts in these offerings and securely stores it.
Relying on the mixing, backups can be written to your selected vicinity. If data is ever misplaced, that existing connection can be used immediately to repair facts to its unique location. Products and inventory are directly lowered back for your Shopify or Big Commerce instance. A transaction fact is, without delay, rewritten into Quick Books online. The Rewind platform tends to offer greater services and then increases the fund rates.
Bottom line
Rewind backs up merchandise, product editions, collections, custom fields, patron statistics, locations, orders, blogs, pages, topics, shipping zones, and so more. Since Rewind backs up your shop with a lot of granularity, if a person makes a mistake on a page or, by chance, deletes it, recovering the web page is only some clicks away.
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