Keepit secured $30 million from One Peak Partners.

Keepit, a Copenhagen, Denmark-based provider of SaaS data protection, announced that it secured a DKK 190M ($30M) capital investment round.

The funding was provided by the UK-based private equity fund One Peak Partners and will be used for business expansion across Europe and the US.

Keepit, founded in 2007 by CEO Frederik Schouboe and Morten Felsvang, developed a a Backup-as-a-Service software that specialises in protecting data from SaaS solutions such as Microsoft 365, Salesforce, Dynamics 365 and G Suite. The larger cloud providers offer uptime and data protection against intruders but don’t offer a built-in backup solution of the SaaS data, should anything happen to it.