Salesforce Ventures has returned to back a $168m round for OwnBackup, valuing the data backup technology provider at $1.4bn.
US-based data backup platform operator OwnBackup has secured approximately $168m in a series D round co-led by Salesforce Ventures, the corporate venturing arm of enterprise software supplier Salesforce.
Growth equity firm Insight Partners and venture capital firm Sapphire Ventures co-led the round, which included Innovation Endeavors, Oryzn Capital and Vertex Ventures. It valued the company at $1.4bn, and it said the round brought its overall funding to about…
