Denmark-based cloud-native data protection and backup company Keepit A/S has closed its biggest funding round, raising $50 million.
The funding round was led by One Peak and the Export and Investment Fund of Denmark.
Keepit's total venture capital raised is now about $90 million, with previous rounds including a $30 million Series A and a $10 million Series B.
The funds will be used to enhance Keepit's product, expand its data centers and go-to-market operations, and solidify its position in SaaS data protection.