At a Glance
OwnBackup announces the acquisition of RevCult to emerge as a world-class data protection platform and empower its customers to own and protect their data on any cloud platform
OwnBackup, a cloud data protection platform provider, has acquired RevCult, a provider of Salesforce security and governance solutions and SaaS Security Posture Management (SSPM), to enhance its platform with proactive data security, a press release from OwnBackup said.
OwnBackup states that SSPM would assist organizations in easily securing data by continuously eliminating configuration mistakes and mismanaged permissions, the top causes of cloud security failures. Sam Gutmann, CEO of OwnBackup, stated that despite equipping customers to remain resilient with proactive data backup and monitoring, most of their problems are preventable via the addition of proactive SSPM, which is where the acquisition would play a role.
“The addition of RevCult will allow us to innovate faster in the cloud and protect customers against the primary security issues that lead to data loss and corruption, such as lax permissions, social hacking, insider threats, poor physical security controls and other vulnerabilities,”Sam Gutmann
OwnBackup stressed that this acquisition aims to make it a world-class data protection platform and empower its customers to own and protect their data on any cloud platform. OwnBackup raised $240M in Series E this August and had acquired a SaaS data management provider, Nimmetry, and a cybersecurity firm, Merlinx, prior to RevCult.
Andreas Schenck, founder and CEO of RevCult, expressed delight at being officially a part of the OwnBackup team and said,
“I’m excited to take the product to the next level to provide even more value to customers. Not only do both companies share a passion for protecting companies’ SaaS data, but the company’s culture and values align well with OwnBackup.”Andreas Schenck