H.I.G. Growth Completes Strategic Investment in SaaS Resilience Platform Rewind

Deep News07-29 23:50

H.I.G. Growth Partners, the growth equity investment arm of global alternative asset manager H.I.G. Capital, has announced the completion of a strategic investment in Rewind Software Inc.

Rewind provides a SaaS resilience platform that delivers enterprise-grade backup and recovery, business continuity, and data governance and retention solutions to protect against data loss and business disruption.

Headquartered in Ottawa, Canada, and founded in 2015, Rewind’s platform safeguards corporate data across 16 leading cloud applications, including Jira, Confluence, GitHub, Shopify, QuickBooks Online, and monday.com. Currently, over 25,000 organizations rely on the platform to back up, recover, and ensure the resilience of their SaaS workloads.

As AI adoption accelerates and platforms like Atlassian migrate to the cloud, demand for data protection solutions with disaster recovery capabilities is rising. The funding will be used to fuel product innovation, scale operations, and expand market reach for Rewind.

Rewind CEO Mike Potter stated that H.I.G. Growth’s experience in scaling software businesses, strengthening go-to-market strategies, and expanding channel partnerships aligns closely with the company’s strategic vision.

H.I.G. Growth Managing Director Hans Sherman noted that as AI becomes more widespread and autonomous agents process data directly within SaaS applications, the importance of data backup and recovery is rapidly increasing, and Rewind’s platform fills a critical gap in data protection for SaaS platforms.

H.I.G. Capital is a leading global alternative investment firm with approximately $75 billion in assets under management. H.I.G. Growth focuses on making majority or minority equity investments in growth companies across North America, Europe, and Latin America, with a particular emphasis on high-growth sectors such as technology, healthcare, internet, and media.

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