- Cloud security startup OwnBackUp has raised $167.5 million in a Series D funding round.
- The firm hit unicorn status after being backed by Salesforce Ventures and Insight Partners.
- Insider got an exclusive look at the pitch deck it used to bring investors on board.
- Visit the Business section of Insider for more stories.
OwnBackUp, the cloud startup helping companies keep their data safe, is a newly minted unicorn after raising $167.5 million from backers such as Salesforce and Insight Partners.
Founded in 2015, OwnBackUp is working to revolutionize the cloud data security market, which experts predict will be worth close to $70 billion globally by 2025.
The firm promises clients secure, automated, and daily backups of online data, as well as sophisticated data restore tools for when disaster strikes and they’re in need of a quick recovery.
As well as Salesforce and Insight Partners, OwnBackUp’s Series D funding round — which took the firm to a $1.4 billion valuation — was also backed by Sapphire Ventures.
Insider got an exclusive look at the pitch deck OwnBackUp used to bring investors on board. Check it out below:
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