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H.I.G. Growth Backs Rewind to Scale SaaS Resilience

As businesses rush to adopt AI and migrate to cloud platforms, the risk of data loss has reached a tipping point. H.I.G. Growth Partners has announced a strategic investment in Ottawa-based Rewind Software Inc., aiming to accelerate the development of backup and recovery tools for over 25,000 corporate clients.

H.I.G. Growth Backs Rewind to Scale SaaS Resilience

Rewind currently manages over 7 petabytes of data, providing backup and recovery services across 16 major cloud applications including Jira, GitHub, and Shopify. The capital infusion from H.I.G. Growth is designed to bolster product innovation and operational scale, directly addressing the vulnerabilities introduced by autonomous AI agents that read and write data within enterprise environments.

Mike Potter, CEO of Rewind, noted that the partnership will focus on strengthening go-to-market strategies and expanding channel networks. Hans Sherman, managing director at H.I.G. Growth, emphasized that the firm views Rewind’s platform as mission-critical, particularly as enterprises grapple with the gaps in data protection left by standard SaaS providers. The investment positions the Ottawa company to further integrate its schema-aware recovery and compliance-focused governance tools into the broader market as cloud adoption continues to accelerate.

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