OwnBackup, a cloud data security firm based in Englewood Cliffs, has acquired a California software company to further bolster its data protection platform.
OwnBackup said in a statement released Tuesday that it has purchased RevCult, which provides salesforce security and governance solutions, also known as Software-as-a-Service Security Posture Management or SSPM.
“Although we’ve equipped customers to be more resilient with proactive data backup, monitoring, compare and restore capabilities, many of the problems we help them recover from are preventable through the addition of proactive SSPM,” OwnBackup CEO Sam Gutmann said. “The addition of RevCult will allow us to innovate faster in the cloud and protect customers against the primary security issues that lead to data loss and corruption, such as lax permissioning, social hacking, insider threats, poor physical security controls and other vulnerabilities.”
OwnBackup’s purchase of RevCult is the latest in a string of acquisitions, including the recent purchases of Nimmetry, a SaaS data management company, and Merlinx, a cybersecurity firm based in Tel Aviv, Israel, the company said.
“We’ve partnered with OwnBackup for several years providing SaaS data protection, and we couldn’t be happier to officially be part of their team at this high-growth stage,” RevCult founder and CEO Andreas Schenck said. “Not only do both companies share a passion for protecting companies’ SaaS data, but the company’s culture and values align well with OwnBackup.”
The financial terms of the acquisition were not disclosed.
