OwnBackup Closes $23.25 Million Investment to Continue Global Expansion of Its Cloud-to-Cloud Backup and Recovery Platform

LONDON, FORT LEE, N.J. and TEL AVIV, Israel, May 30, 2019 (GLOBE NEWSWIRE) — OwnBackup, a leading cloud–to–cloud backup and recovery vendor, today announced the close of a $23.25 million Series C round of financing co–led by Insight Venture Partners and Vertex Ventures. Existing investors Innovation Endeavors, Oryzn Capital and Salesforce Ventures also participated in the round. The company also announced the aggressive expansion of its international leadership team and general availability of OwnBackup Archiver, which empowers businesses to efficiently meet internal and external compliance policies for SaaS data.

"Thanks to the unwavering support of our committed investment partners, we will be able to continue to scale to meet escalating market demand for our solutions as companies realize the need to claim ownership of cloud data security concerns and proactively ensure their data is protected and accessible at all times," noted OwnBackup CEO Sam Gutmann. "As we set the bar for cloud data protection, our focus continues to be growing the team and leading the pack in cloud data protection innovation."

Owning Cloud Backup for Cloud Data
OwnBackup helps more than 1,000 businesses worldwide protect critical cloud data""securing trillions of SaaS and PaaS records to prevent data corruption/data loss, ensure business continuity, minimize operational disruptions and meet compliance mandates. Achieving 100 percent year–over–year revenue growth for its award–winning cloud data protection platform, OwnBackup will use the investment to build on its tremendous momentum in the Salesforce ecosystem. With plans to deepen its partner network and double both its engineering and European teams, OwnBackup will increase its presence around the globe and expand its product offerings to support a wide range of cloud data needs.

"OwnBackup has demonstrated value for Salesforce customers and partners," noted Mike Wolff, SVP Global ISV Partners, Salesforce. "OwnBackup data protection solutions are a welcome addition to Salesforce AppExchange, and we are thrilled by the company's steadfast commitment to the Salesforce community."

In addition to the funding, OwnBackup announced the general availability of OwnBackup Archiver, its highly anticipated product that addresses regulatory compliance needs while optimizing the performance of users' SaaS platforms. The robust archiving tool automatically archives data and attachments that are no longer needed in production "" while maintaining their integrity, data access and security to comply with a wide range of regulations and policies.

Expert Expansion
To drive growth across Europe, OwnBackup also appointed seasoned technology sales leader Gareth Morris as VP of Sales for EMEA. Bringing almost two decades of enterprise software sales and leadership to his new role, Morris will focus on expanding the company's European footprint. Based in OwnBackup's London office, he will grow and manage the EMEA sales team.

Before joining OwnBackup, Morris held various roles in which he grew and led high–performance sales teams across Europe. He previously served as the VP and GM of EMEA for Model N, regional vice president for Salesforce in the UK, and technology sales manager for Oracle. He currently also serves as a Board Advisor for TheSearchBase.

Deepening its expert bench, Nikitas Koutoupes of Insight Venture Partners, Harpinder Singh of Innovation Endeavors, and Bob DeSantis, president and COO of Conga, joined the OwnBackup Board to help the company navigate market opportunities.

"OwnBackup's visionary leadership team and pioneering products have driven extraordinary growth over the last few years. As the call for data protection in cloud environments intensifies, OwnBackup will continue to lead the market," added Koutoupes. "With OwnBackup, organizations can confidently embrace the cloud and trust that their critical data is safe and secure. OwnBackup users rely on its products to manage the disaster recovery process and ensure they have immediate access to the comprehensive backups they need to quickly restore their data and prove compliance."

For complete details on the latest OwnBackup products here or read its five–star reviews on Salesforce AppExchange.

About OwnBackup
OwnBackup, a leading cloud–to–cloud backup and restore vendor, provides secure, automated, daily backups of SaaS and PaaS data, as well as sophisticated data compare and restore tools for disaster recovery. OwnBackup covers data loss and corruption caused by human errors, malicious intent, integration errors and rogue applications. Built for security and privacy, OwnBackup exceeds the General Data Protection Regulation (GDPR) requirements for backed–up data. Co–founded by seasoned data–recovery, data–protection and information–security experts, OwnBackup is a top–ranked backup and restore ISV on Salesforce AppExchange and was named a Gartner "Cool Vendor" in Business Continuity and IT Disaster Recovery. Headquartered in Fort Lee, New Jersey, with R&D, support and other functions in Tel Aviv and London, OwnBackup is the vendor of choice for some of the world's largest users of SaaS applications.

For more information, visit http://www.ownbackup.com.

Salesforce Ventures
Salesforce is the fastest growing top five enterprise software company and the #1 CRM provider globally. Salesforce Ventures""the company's corporate investment group""invests in the next generation of enterprise technology that extends the power of the Salesforce Customer Success Platform, helping companies connect with their customers in entirely new ways. Portfolio companies receive funding as well as access to the world's largest cloud ecosystem and the guidance of Salesforce's innovators and executives. With Salesforce Ventures, portfolio companies can also leverage Salesforce's expertise in corporate philanthropy by joining Pledge 1% to make giving back part of their business model. Salesforce Ventures has invested in more than 300 enterprise cloud startups in 20 different countries since 2009. For more information, please visit www.salesforce.com/ventures.

Media Contact:
Erica Camilo
Connexa Communications for OwnBackup
C: 610.639.5644

Water Research & Education Needs to Flow Towards Developing World

By Colin Mayfield and Hamid Mehmood
HAMILTON, Canada, May 30 2019 – Post-secondary education relevant to the global water crisis is concentrated in wealthy countries rather than the poorer, developing places where it is needed most.

Meanwhile, water research is largely assessed by counting the number of papers published and their citation by other researchers rather than whether the work actually leads to successful, practical solutions.

Twin papers from UN University’s Canadian-based Institute for Water, Environment and Health highlight and document these weaknesses in the global effort to address inadequate water supply and sanitation, problems that rank among the top-10 global risks.

There’s no global source of information on water-related academic activities. To uncover trends in water-related publications, therefore, we had to devise indirect measures using several databases, including one that indexes 22,800 journals, magazines and reports from more than 5,000 publishers.

Nor is there a list of water resource-related post-secondary programs. Similar detective work was required, therefore, to locate the world’s 28,000 or so universities that offer degrees in water-related programs.

Our most troubling finding at the end of the day: altogether too little training and research takes place where water problems are most acute. Instead, global water research relies on Western – particularly US – scientific outputs.

Globally, we found, water-related research is published in 88 countries but just two of them — the United States and China — accounted for 33% of the 1.2 million papers published between 2012 and 2017.

About 70% of the academic journals that publish water research are based in just four countries — the United States, Britain, Germany and the Netherlands; 2% are in China.

All 15 countries leading in publications per million population are among the world’s wealthiest, suggesting water research does not emerge as a reaction to water scarcity but, instead, to some economic value in a supply and sanitation industry expected to be worth $1 trillion (US) in 2020.

The average number of citations for any given paper dropped precipitously, from 22 in 2012 to just three in 2017. This suggests, at least in part, that lower quality papers are being written to conform with government sponsored policies on publication, or reflects increasing pressure in academia to produce research — publish or perish.

This pressure might be critical for researchers to survive, but it is hardly conducive from a development perspective.

Meanwhile, most universities offering water-related courses are in North America, Europe and parts of Asia. In Sub-Saharan Africa, which faces severe water shortages, very few postgraduate institutions offer recognised programs on water.

And many students from water-stressed countries who attend university in North America or Europe don’t return home after graduation, depriving their countries of badly needed expertise.

Any incentive, process or practice that encourages the return of these highly-qualified students to jobs in the water sector could benefit the home country.

Given the highly autonomous nature of universities and their faculty members, it’s unreasonable to expect widespread cooperation in curriculum design and delivery but some sharing of materials would be very beneficial.

We suggest that a consortium of universities offer large-scale water studies, courses or programs using the specific expertise of their combined faculty members.

Other recommendations: encourage more women to enter the water-resources field. And find better ways to convey in a practical way the research findings, learning and knowledge in research publications to actual users in need of the knowledge.

Teacher and teaching ratings should likewise be based on outcomes — including assessments by previous students at different intervals since graduation about the quality, content and relevance of their programs.

The bottom line: When it comes to water research, the publish or perish philosophy that drives many researchers must take second place to the goal of on-the-ground results, especially in the developing world, where there also must be a more structured focus on water education.

The UN’s 2030 Sustainable Development Goals (SDGs) sets ambitious targets for improvement in water supply and sanitation. To achieve the water-related SDGs, however, we need to use insights into academic shortcomings to make reforms, and soon.

*Their papers, “Higher Education in the Water Sector: A Global Overview” and “Bibliometrics of Water Research: A Global Snapshot,” are available at www.inweh.unu.edu. UNU-INWEH is supported by the Government of Canada through Global Affairs Canada and hosted by McMaster University.