What is Keepit?
Keepit operates as a Software-as-a-Service (SaaS) company specializing in dedicated data protection for cloud-stored data. Differentiating itself with a vendor-neutral, independent approach underpinned by a blockchain-verified solution, Keepit safeguards data across critical business applications such as Microsoft 365, Microsoft Azure AD, Google, and Salesforce. Headquartered in Copenhagen and with a global presence, the company serves thousands of businesses worldwide, ensuring the security and manageability of their cloud data.
How much funding has Keepit raised?
Keepit has raised a total of $102.5M across 3 funding rounds:
Series A
$30M
Debt
$22.5M
Other Financing Round
$50M
Series A (2020): $30M with participation from One Peak Partners
Debt (2022): $22.5M led by Silicon Valley Bank
Other Financing Round (2024): $50M supported by One Peak Partners and Danish Export and Investment Fund
Key Investors in Keepit
One Peak Partners
One Peak Partners is a growth equity firm that invests in technology companies during their scale-up phase, providing capital to exceptional entrepreneurs to transform businesses into category leaders. Their portfolio includes various tech firms, indicating a focus on scalable and innovative ventures.
Silicon Valley Bank
Silicon Valley Bank is a financial institution that historically provided banking services to technology and venture capital-backed companies, playing a key role in the startup ecosystem.
Danish Export and Investment Fund
The Danish Export and Investment Fund is a state-backed entity focused on supporting Danish companies in their export and investment endeavors, likely providing strategic financial backing and resources for growth.
What's next for Keepit?
The recent major strategic investment in Keepit signals a strong confidence from its backers in the company's future growth and market penetration. This capital infusion is likely to fuel further development of its unique SaaS data protection solutions, potentially expanding its global reach and enhancing its technological capabilities. The company's focus on vendor neutrality and blockchain verification positions it well to capitalize on the increasing demand for secure and independent cloud data management, suggesting a strategic push towards solidifying its leadership in the SaaS data protection sector.
See full Keepit company page
