Salesforce cloud backup startup OwnBackup Ltd. today said it has raised $15.5 million in new financing

The round was led by Vertex Ventures and Insight Venture Partners and also included Oryzn Capital, Salesforce Ventures and Innovation Endeavors, the latter the venture capital firm of former Alphabet Inc. Executive Chairman Eric Schmidt.

Founded in 2012, OwnBackup offers cloud-to-cloud backup services on the Salesforce.com Inc. Platform via the Salesforce AppExchange. The company’s service provides secure, automated, daily backups of software-as-a-service and platform-as-a-service data as well as data compare and restore tools for disaster recovering.

Pitched as complementing Salesforce’s built-in data protection mechanisms, OwnBackup covers data loss and corruption caused by human errors, malicious intent, integration errors and rogue applications. One notable feature is a data comparison tool for assessing the scope of outages that allows an administrator to send a copy to the backup environment and quickly check it against the most recent valid snapshot, allowing them to pinpoint the Salesforce files in need of recovery to avoid unnecessarily overwriting records with old information.

Since its last round in 2017, the company said, it has driven growth by expanding its market reach, continuing its technology innovation, deepening its investment in the Salesforce community and forging strategic partnerships with Sage and Veeva.

“While companies often assume that the SaaS and PaaS vendors are responsible for the data, the company owning the data is still responsible when data is corrupted by accident, malicious intent or through bad code and weak integrations,” OwnBackup Chief Executive Officer Sam Gutmann said in a statement. The company noted that it would use the new funding to double staff numbers in its U.S. and Israel offices.

Including the new round, OwnBackup has raised $26.5 million to date. As part of the new deal, Vertex Ventures’ Aviad Ariel is joining the company’s board.

Image: OwnBackup