OwnBackup, a cloud-to-cloud data protection startup with some operations in Israel has acquired Nimmetry, an SaaS-based data integration platform.
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Nimmetry, based in Santa Clara, CA, has a significant presence in Hyderabad, India
"This acquisition accelerates OwnBackup's multi-cloud strategy. The entrance into the Indian market and the access to the talented professionals that are now part of the OwnBackup family marks the continuance of a long-term commitment on OwnBackup's part to providing industry-leading products and services to help our customers protect their mission critical SaaS data," says OwnBackup CEO Sam Gutmann.
The acquisition of Nimmetry follows the recent purchase of Merlinx in Tel Aviv, which brought elite data security experts to the OwnBackup team. OwnBackup recently secured a Series D investment of $167.5 million co-led by Insight Partners, Salesforce Ventures, and Sapphire Ventures, with existing investors Innovation Endeavors, Vertex Ventures, and Oryzn Capital.