SaaS data protection provider Keepit, renowned as the world’s only independent cloud-native backup provider, has raised $50m in its latest funding round.
The investment was led by One Peak, an existing investor, and EIFO, the Export and Investment Fund of Denmark.
This funding marks the third equity investment for Keepit in the past four years, bringing its total capital raised to $90m. The company plans to use the funds to expand its global presence and enhance its innovative product offerings.
Keepit delivers vendor-independent infrastructure dedicated to protecting SaaS data. Its solutions already support 5 million users globally, empowering enterprises to secure critical data across various workloads.
The company intends to use the new funding to bolster its market reach, particularly in the US, Europe, and other high-growth regions. Additionally, Keepit aims to strengthen its network of partners while advancing its technological capabilities.
Keepit co-founders and executives Morten Felsvang and Frederik Schouboe said, “Our commitment to innovation and solving our customers’ most pressing data protection challenges is what drives us forward.
“This new funding will allow us to expand our reach and continue innovating the most advanced SaaS data protection solutions on the market. We’re thrilled to see such strong support from our investors, who understand our mission and share our vision for the future.”
David Klein, co-founder and managing partner at One Peak, added, “We have been continually impressed by Keepit’s leadership and their unwavering ability to deliver on their vision. In a time when the need for secure, independent SaaS data protection is more critical than ever, Keepit stands out as a leader with its innovative platform. We are thrilled to continue supporting the Keepit team in this exciting next chapter of their growth journey.”
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