OwnBackup Acquires California-Based Nimmetry

OwnBackup, Inc. acquires Nimmetry, Inc., based in Santa Clara, CA, with a significant presence in Hyderabad, India.

Acquired company provides an unified platform for seamless integration of big and small SaaS-based data using a microservices architecture.

“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 Sam Gutmann, CEO, OwnBackup. “The amazing team at Nimmetry brings with it some of the best in class data management tools, and we are excited to leverage these existing capabilities to extend our existing and future solutions.”

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.

The acquisition of Nimmetry follows the recent purchase of Merlinx in Tel Aviv, Israel, which brought elite data security experts to the OwnBackup team. Together, the new additions solidify OwnBackup’s position as a provider of cloud services and sets the stage for continued growth in the space.

Srinivas Garikipati, Nimmetry’s CEO added: “We are excited to join OwnBackup. We have a shared vision for SaaS data protection as it relates to customers and the future of the space. We believe strongly in the market and the direction that it is headed.”