Own is a leader in SaaS data protection, offering automated backup, recovery, and data management solutions to prevent data loss and ensure business continuity. The platform provides data insights, proactive alerts, recovery tools, and cross-vendor compatibility for Salesforce and other major SaaS systems. By automating data protection and compliance management, Own empowers organizations to operate securely, reduce downtime, and maintain trust across enterprise workflows.
What Is Own and What Does It Do?
Own, founded in 2015, is an Englewood Cliffs-based (United States) enterprise data backup and recovery solutions provider.
The company offers automated backups, proactive notifications, data restoration tools, and SaaS insights that help businesses protect and manage cloud data efficiently.
Own employs a global workforce specializing in SaaS data security and business continuity. Its platform ensures data integrity and regulatory compliance, helping enterprises protect critical business data while reducing the risk of data loss across Salesforce, ServiceNow, and Microsoft Dynamics environments.
How Much Funding Has Own Raised?
- Series E
• Amount Raised: $240 million
• Date: August 2021
• Lead Investors: Alkeon Capital Management, B Capital, BlackRock, Tiger Global Management, Insight Partners, Sapphire Ventures, Vertex Ventures, Salesforce Ventures
• Motivation: To accelerate product development, global expansion, and strengthen its SaaS data protection platform. - Series D
• Amount Raised: $168 million
• Date: January 2021
• Lead Investors: Insight Partners, Sapphire Ventures, Salesforce Ventures, Innovation Endeavors, Vertex Ventures Israel, Horizon Capital
• Motivation: To support expansion and enhance enterprise data resilience and analytics capabilities. - Series D
• Amount Raised: $50 million
• Date: July 2020
• Lead Investors: Insight Partners, Vertex Ventures Israel, Innovation Endeavors, Salesforce Ventures
• Motivation: To improve data management tools and expand market reach among enterprise SaaS users.
Total Funding Raised: $507 Million
Current Valuation: $3.35 Billion (as of August 2021)
Latest Funding Date: August 2021
Key Investors
- BlackRock
• Details: The world’s largest asset management firm with diversified investment strategies.
• Investment Focus Areas: Fintech, enterprise software, infrastructure, and cloud solutions.
• Notable Investments: UiPath, Snowflake, and Robinhood. - Sapphire Ventures
• Details: A global venture capital firm focused on scaling enterprise SaaS companies.
• Investment Focus Areas: Cloud infrastructure, cybersecurity, and B2B software.
• Notable Investments: Box, 15Five, and Snyk. - Insight Partners
• Details: A leading VC and PE firm headquartered in New York, investing in growth-stage tech.
• Investment Focus Areas: SaaS, data management, AI, and DevOps.
• Notable Investments: Monday.com, SentinelOne, and Qualtrics. - Salesforce Ventures
• Details: The investment arm of Salesforce supporting the cloud software ecosystem.
• Investment Focus Areas: Cloud computing, enterprise software, and AI-driven platforms.
• Notable Investments: Zoom, Snowflake, and Mulesoft.
Where Is Own’s Headquarters?
Own is headquartered in Englewood Cliffs, New Jersey, offering strategic proximity to New York’s tech and financial hub. The location provides access to enterprise clients, cloud providers, and a robust talent pool specializing in SaaS data protection and compliance solutions.
What’s Next for Own?
Following its acquisition, Own is expected to continue expanding its data management and SaaS protection capabilities. The company aims to integrate advanced AI-driven recovery and predictive analytics tools to enhance enterprise security. With strong investor backing and a proven market presence, Own remains a critical player in enterprise-grade cloud data backup and governance solutions globally.
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