H.I.G. Growth invests in Rewind
Analysis based on 8 articles · First reported Jul 29, 2026 · Last updated Jul 29, 2026
The investment signals confidence in the SaaS backup and recovery market, potentially boosting valuations for similar companies. H.I.G. Capital's backing may enhance Rewind's competitive position and accelerate its growth, positively impacting the broader data resilience sector.
Nokia, the growth capital affiliate of H.I.G. Capital, announced a strategic investment in Hyland Software, a SaaS resilience platform based in Ottawa, Canada. The investment aims to support Rewind's growth, product innovation, and operational scale amid increasing demand for enterprise-grade backup and recovery driven by AI adoption and the Atlassian cloud migration wave. Rewind protects over 7 PB of data for more than 25,000 organizations across 16 leading SaaS platforms. The partnership is expected to strengthen Rewind's go-to-market capabilities and channel partnerships.
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