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OwnBackup raises $15.5 million

OwnBackup, a data backup and recovery company, has closed a $15.5 million round of financing. The investment was co-led by Vertex Ventures and existing investor Insight Venture Partners.

Existing investors Innovation Endeavors, Oryzn Capital and Salesforce Ventures also participated in the round.

[Image courtesy: OwnBackup]

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Fundings

UpdateAI raises $2.3M

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Ariga raises $18M (Israel)

Tel Aviv, Israel-based Ariga, a company that provides software engineering teams with a way to manage database schema changes efficiently, has raised $18 millon in a funding round from Tiger Global and TLV Partners.
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Platformatic raises $3.5M

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Spellbook raises $10.9M (Canada)

Toronto & St. John's, Newfoundland-based Spellbook has raised $10.9 million in funding.
Series A

Axelera AI raises $50M (The Netherlands)

Axelera AI announced the addition of new investors in its Series A round, thereby raising the total amount to $50 million.