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Since 2015 Ottawa’s Rewind has been on a mission to help businesses protect their SaaS and cloud data.
The Rewind platform enables companies to back up, restore, and copy the critical data that drives their business.
Today Rewind closed a $19 million Series A round of financing as it looks to capitalize on and expand its “backup-as-a-service” business.
Over 80,000 customers in more than 100 countries use Rewind’s top-reviewed apps and support to ensure their software-as-a-service applications run uninterrupted.
The Series A round represents significant financing for the startup as it looks to grow its customer base within the platforms it currently operates on, like Shopify and BigCommerce, as well as new platforms like Trello.
Currently a team of 55 employees, Rewind CEO Mike Potter told BetaKit that it will use this new funding to grow to more than 130 in Ottawa.
Potter specifically pointed to plans to hire engineers and more to help Rewind launch on other SaaS platforms.