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Third unicorn in a week: OwnBackup valued at $1.4b


Third unicorn in a week: OwnBackup valued at $1.4b
The US-Israeli startup, which develops cloud backup for Salesforce software, has raised $167.5 million.
The boom in the technology market, globally and in Israel, continues apace. Israeli-US startup OwnBackup, which has developed automatic cloud backup for Salesforce software, announced today that it had raised a Series D investment of $167.5 million co-led by Insight Partners, Salesforce Ventures, and Sapphire Ventures, with participation from existing investors Innovation Endeavors, Vertex Ventures, and Oryzn Capital.
The raise values OwnBackup at $1.4 billion, putting it into the Israeli technology industry s expanding unicorn club. The current round follows a $50 million round six months ago, and brings the total investment raised by the company to over $267.5 million. Just this week, two other Israeli startups joined the billion dollar club: fintech company Melio and networking software company DriveNets. ....

Tel Aviv , Daniel Gershuni , Sam Gutmann , Insight Partners , Salesforce Ventures , Sapphire Ventures , Innovation Endeavors , Vertex Ventures , Israelis Ariel Berkman , Ori Yankelev , Eran Cohen , Roi Dover , தொலைபேசி அவிவ் , நுண்ணறிவு கூட்டாளர்கள் , விற்பனையாளர் முயற்சிகள் , சபையர் முயற்சிகள் , கண்டுபிடிப்பு முயற்சிகள் , வெர்டெக்ஸ் முயற்சிகள் , ஏறன் கோஹன் , ராய் டோவர் ,