Rewind Software Completes SOC 2 Type 1 Audit
Plans to achieve SOC 2 Type 2 certification in 1Q22.
This is a Press Release edited by StorageNewsletter.com on October 27, 2021 at 2:01 pmRewind Software Inc., a backup and restoration tool for SaaS, announced its completion of the Service Organization Control (SOC) 2, Type 1 audit.
Conducted by Moss Adams LLP, this verification ensures that the company’s data control objectives and activities meet the SOC 2 standards for security and confidentiality.
The firm’s backups over 53 billion data points in top cloud apps such as BigCommerce, GitHub, QuickBooks Online, Shopify, Shopify Plus, and Trello for customers in more than 100 countries. As more leading brands turn to Rewind to ensure data and BC, establishing the integrity of Rewind’s systems to securely store and process user data is essential.
“The SOC 2 Type 1 certification is another step in Rewind’s mission to backup the cloud,” said Mike Potter, co-founder and CEO. “As more businesses turn to SaaS applications to run daily operations and grow value for stakeholders, they need the assurance that the data they rely on will always be available.“
This announcement comes on the heels of a USD $65 million Series B round of financing led by New York-based global private equity and venture capital firm Insight Partners. The latest round will allow the start-up to scale its workforce and the number of SaaS platforms it supports with backup and restoration tools. Rewind is filling the data continuity gap in SaaS tools dictated by the Shared Responsibility Model. SaaS platforms protect the data that powers their cloud infrastructure but lack the ability to restore lost user data, such as sales, marketing and code repositories, which are vital to business operations.
The company plans to achieve SOC 2 Type 2 certification in 1Q22.