Own

Company Overview

Snapshot

Founded in March 2015 by Daniel Gershuni and Ariel Berkman, Own operates with over 500 employees. The company secured funding across 7 rounds from 10 investors, with Alkeon Capital Management leading one of its rounds. Own was acquired by Salesforce in September 2024, marking a significant exit for the company.

Business overview

Own provides cloud data backup solutions designed to protect organizations from data loss and corruption. Its core technology offers comprehensive backup, visual comparison, and rapid recovery capabilities for SaaS and PaaS data, including platforms like Salesforce, ServiceNow, and Slack. The company's platform ensures secure, automated daily backups and helps enterprises meet compliance regulations by providing performance and reporting tools. Own serves various industries, focusing on enterprise security, data protection, and cloud-based solutions.

Strategic signal

In November 2024, news reports indicated that post-merger workforce reductions were impacting employees, following Salesforce's acquisition of Own. This signals a period of integration and operational restructuring as the acquired company aligns with Salesforce's broader strategy, potentially affecting its immediate operational trajectory and talent retention.

Company Intelligence Q&A

When was Own acquired and by whom?

Own was acquired by Salesforce in September 2024.

Which investors participated in Own's August 2021 funding round?

In August 2021, Own received funding from Alkeon Capital Management and Sapphire Ventures.

What was a key leadership change at Own in 2023?

In May 2023, Own appointed Kevin Delane as its Chief Revenue Officer.

Did Own make any acquisitions in 2021?

Yes, Own acquired RevCult in August 2021 and Nimmetry in June 2021.

What was a notable operational milestone for Own in 2022?

In August 2022, Own achieved FedRAMP "In Process" Designation, indicating progress in meeting government security standards for cloud services.