Israeli Cloud Backup Startup Ownbackup Raises $3.5M

February 7, 2015 | Israeli cloud backup and recovery startup Ownbackup has raised $3.5 million in a Series A Rounds led by Eric Schmidt’s Innovation Endeavors, with additional participation from Oryzn Capital. The announcement was made this past Thursday at the demo day of Microsoft Ventures Accelerator (it’s seventh batch so far), in which the company participated. Founded in 2012 and led by CEO Sam Gutmann, OwnBackup recovers lost and corrupted data caused by human errors, malicious intent, integration errors and rogue applications. The company is the top-ranked backup and restore ISV on the Salesforce.com AppExchange and was selected as a Gartner 2015 “Cool Vendor” in Business Continuity and IT Disaster Recovery.