Fundz

Keepit Secures $40 Million In Refinancing From Hsbc Innovation Banking To Boost Growth

Jan 09, 2024

Amount Raised

$40 Million

Round Type

Funding Round

CopenhagenInformation TechnologySoftwareEnterprise SoftwareSaaS

Investors

VækstfondenSilicon Valley Bank UkHSBC Innovation Banking

Description

Keepit has today announced HSBC Innovation Banking, the global, specialised banking partner for businesses in cutting-edge sectors, has provided a $40 million refinancing package in partnership with The Export and Investment Fund of Denmark (EIFO). The new funding frees up capital for further investments in international expansion, hiring, business operations, and product development as Keepit continues to scale and build out its market-leading platform for SaaS data protection.

Quick answer

Keepit raised $40 Million in a Funding Round round, dated January 9, 2024. Investors: Vækstfonden, Silicon Valley Bank Uk and HSBC Innovation Banking. Keepit is based in Copenhagen, Capital Region Of Denmark, Denmark.

How much did Keepit raise?
Keepit raised $40 Million in a Funding Round round on January 9, 2024.
Who invested in Keepit?
Vækstfonden, Silicon Valley Bank Uk and HSBC Innovation Banking are named as investors in this round.
What does Keepit do?
Keepit provides a next-level SaaS data protection platform purpose-built for the cloud.
Where is Keepit based and how big is it?
Keepit is based in Copenhagen, Capital Region Of Denmark, Denmark. Fundz records about 316 employees.
Who are the decision-makers at Keepit?
Fundz holds 2 contacts at Keepit, including the Director - Global Sales Development. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and SaaS around the same time

Companies in the same sectors as Keepit that raised within 45 days of this round, from Fundz verified event records.

  • SocialCrowd raised $1.6M (Pre-Seed) on February 15, 2024.
  • Connectbase raised $4.5M (Series C) on February 9, 2024.
  • NinjaOne raised $232M (Series C) on February 6, 2024.
  • Screendragon Ltd raised $27M (Funding Round) on February 6, 2024.
  • Croft Technology raised $704K (Seed) on January 26, 2024.
  • UpSmith raised $5M (Seed) on January 24, 2024.

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Company Information

Company

Keepit

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

Keepit provides a next-level SaaS data protection platform purpose-built for the cloud. Securing data in a vendor-independent cloud safeguards essential business applications, boosts cyber resilience, and future-proofs data protection. Unique, separate, and immutable data storage with no sub-processors ensures compliance with local regulations and mitigates the impact of ransomware while guaranteeing continuous data access, business continuity, and fast and effective disaster recovery. Headquartered in Copenhagen with offices and data centers worldwide, more than 18,000 companies trust Keepit for its ease of use and effortless, backup and recovery of cloud data.

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Related People

2 contacts
Verified contactsAnders K., Director - Global Sales Development hidden hiddenSee plans and pricing
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Keepit raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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