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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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Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.