Polish provider of backup & disaster recovery software Xopero Software has secured over $5 million in funding led by Warsaw Equity Group. The funding should help the company expand into the global market and strengthen its current position. 

About Xopero Software

  • Founded in 2009, Xopero Software is a leading European provider of backup & Disaster Recovery software for physical, virtual, and SaaS environments. Its portfolio consists also of backup appliances and the scalable MSP platform.
  • One of the company's solutions is the GitProtect.io brand, which is already recognized as the most advanced DevOps backup technology used by industry leaders like The Wharton School, RED Digital Cinema or Telecom Argentina. It empowers developers, ops, IT leaders, security, and compliance professionals to protect source code, eliminate data loss, ensure development and business continuity, as well as meet shared responsibility and security compliance. The company has over 1,500 customers.

Investment details

Warsaw Equity Group provided the majority of the $5 million financing. Warsaw Equity Group is an independent Warsaw-based private equity firm focused on market investments between €4 million to €15 million, targeting companies offering innovative B2B solutions in the High-Tech/Industry 4.0 and ClimateTech space. In August 2024, the firm  made its most recent investment in Up Catalyst, an Estonian cleantech startup.

"This investment, which could extend to over PLN 30 million, will empower Xopero to accelerate the development and global distribution of its cutting-edge products, expanding its footprint in the rapidly growing cybersecurity market. We're confident that with their expertise and our support, Xopero is well-positioned to achieve its ambitious goals. We look forward to collaborating closely with the Xopero team to unlock new growth opportunities and build a leading position of GitProtect as a tool for DevOps backup, globally," Warsaw Equity Group  shared in the official statement on LinkedIn.

  • The round was also joined by private investors Maciej Zawadzinski and Pawel Maj.
  • The participants of the deal also stated that the funding could be further extended to $7,5 million.

According to the announcement, Xopero Software's representatives say that they have very ambitious plans. They believe that the money raised will help them to “strengthen their position as a #1 leader in DevOps data backup software with GitProtect.io and become the default backup solution”.

This fresh investment will help Xopero develop its products and reach the global market with its cutting-edge products.