# Spinbackup

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spinbackup

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: www.spinbackup.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Jan 21, 2019)
- Investors on record: 3

## About

Spinbackup, Inc. provides innovative SaaS security solutions, focusing on data protection, backup automation, and cybersecurity for mission-critical applications across various sectors.Founded in 2013 in San Francisco, US, Spinbackup, Inc. is dedicated to delivering comprehensive data protection solutions. The company has undergone strategic pivots to enhance its service offerings, particularly in the cybersecurity domain. Dmitry Dontov, the founder and CEO, has played a pivotal role in shaping the company’s vision and direction. Spinbackup raised PLN 3 million in Seed funding on January 21, 2019, led by bValue with participation from TMT Investments.Spin.AI specializes in providing an all-in-one SaaS security platform designed for mission-critical applications. Their core offerings include SpinBackup, a solution that automates backups and disaster recovery for various platforms such as Google Workspace, Microsoft 365, Salesforce, and Slack, and SpinSPM, which focuses on SaaS Security Posture Management to enhance security visibility and incident response for misconfigurations, risky users, and unsanctioned applications. These products cater to the rising demand for cybersecurity among organizations in sectors such as education, healthcare, and automotive, serving over 1,500 organizations across more than 100 countries.Spin.AI generates revenue primarily through subscription-based models for its SaaS security solutions. Clients purchase subscriptions for various services, including SpinBackup and SpinRDR (Ransomware Detection and Response), tailored to meet specific organizational needs. Transactions typically involve B2B engagements, facilitating ongoing revenue streams as clients renew subscriptions and expand service usage over time, based on the scale of their operational requirements.The most recent funding round, raising PLN 3 million in December 2018, is intended to enhance the development of upcoming products aimed at improving cybersecurity measures. Spinbackup, Inc. plans to expand into new markets, targeting regions with growing demands for data protection solutions. These initiatives will leverage the latest funding to develop advanced features and increase market penetration, particularly in sectors heavily reliant on digital infrastructure, thereby positioning the company for future growth.

## Funding rounds

- Seed, Jan 21, 2019, $0.8M — TMT Investments, bValue
- Seed, Sep 7, 2017, $0.5M — AVentures Capital

## Investors

- AVentures Capital (https://capitalatlas.ai/funds/aventures-capital) — Seed
- TMT Investments (https://capitalatlas.ai/funds/tmt-investments) — Seed
- bValue (https://capitalatlas.ai/funds/bvalue) — Seed