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Rewind: Closes USD $15M Series A Funding

January 21, 2021

Rewind, an Ottawa, Ontario, Canada-based Cloud Data Protection company, closed a USD $15m Series A round of financing
The round was led by Inovia Capital with participation from Ridge Ventures, Bessemer Venture Partners, ScaleUP Ventures, Fundfire, Mistral Venture Partners
The company intends to use the funds to accelerate product development, bringing new data protection solutions to market and to strengthen its R&D, sales, marketing
Rewind also provides solutions for businesses to protect their SaaS and cloud data applications giving immediate access to comprehensive backups
The platform enables companies to back up, restore and copy the critical data that drives their business
Based on a spike in businesses’ reliance on cloud applications over the last three years, the company has protected the data of more than 80,000 businesses worldwide