H.I.G. Growth invests in Rewind Software to support the company’s expansion, product innovation and to provide secure backup and recovery solutions for cloud applications.

H.I.G. Growth Invests in Rewind to Strengthen Cloud Backup Solutions

H.I.G. Growth invests in Rewind as the investment firm partners with Ottawa based Rewind Software to accelerate the growth of its cloud data protection and recovery platform. The investment from H.I.G. Growth Partners will help Rewind expand operations, enhance product development and strengthen its position in the growing SaaS backup market.

Founded in 2015, Rewind provides automated backup and recovery services for cloud based software applications. The company currently supports more than 25,000 organizations and protects over 7 petabytes of business data across platforms such as Jira, Confluence, GitHub, Shopify, QuickBooks Online and monday.com.

Growing Demand for Cloud Data Protection

Business Fortune believes that as businesses increasingly rely on cloud applications, the need for reliable data security and recovery solutions continues to rise. Many SaaS platforms provide basic infrastructure security but do not always offer complete protection against accidental deletion, data loss or compliance challenges.

H.I.G. Growth Partners said Rewind addresses this growing requirement by helping organizations safeguard critical business information through automated backup and restoration tools.

Investment to Drive Expansion and Innovation

The latest investment will support Rewind’s continued product development and operational growth. Rewind’s platform includes automated backups, restoration capabilities and data governance features designed for companies operating in cloud environments.

Leadership Highlights Partnership Benefits

Rewind CEO Mike Potter expressed confidence in the partnership, highlighting the company’s next phase of growth.

Mike Potter, CEO of Rewind, said, “We’re thrilled to partner with H.I.G. Growth as we embark on this next stage of our journey and bring mission-critical solutions to enterprises around the globe.”

Hans Sherman, Managing Director at H.I.G. Growth, emphasized the importance of protecting business data as cloud adoption increases. He said, “Rewind’s differentiated platform closes the gap on business data left unprotected by SaaS platforms, delivering automated, compliant protection that becomes mission critical for enterprises.”

Rewind Strengthens Enterprise Security Focus

Rewind has its focus on security and compliance standards. The company aims to continue helping businesses manage cloud data risks while improving operational resilience.

The financial terms of the investment were not disclosed, but the partnership signals increasing investor interest in cloud security and SaaS infrastructure solutions.

 

FAQs

What does H.I.G. Growth invests in Rewind mean?

It refers to H.I.G. Growth Partners making an investment in Rewind Software to support its growth and expansion.

What does Rewind Software do?

Rewind provides backup and recovery solutions for cloud based software applications used by businesses.

How many organizations use Rewind?

More than 25,000 organizations worldwide use Rewind.

Which platforms does Rewind protect?

Rewind provides data protection for platforms including Jira, Confluence, GitHub, Shopify, QuickBooks Online and monday.com.

Why is cloud backup becoming important?

Businesses are increasingly dependent on cloud applications, creating a greater need for secure backup, recovery and compliance solutions.