PB data managed
120
Expected market growth (5 years)
c.5x
Recurring revenues
c. 100%
Founded in Leeds, UK and Virginia, US in 2016 by serial tech entrepreneur Simon Chappell and four co-founders, Assured uses Rubrik software and Assured’s own proprietary software platform to provide mission-critical backup and disaster recovery services for companies globally.
Assured enhances its customers’ cyber resilience by protecting their data and ensuring business continuity, with near-zero server recovery time in the event of a significant IT failure or cyber-attack.
Oakley will support Assured’s management team to capitalise on strong growth in its underlying markets including the US, with a focus on providing the required capital and organisational structures to enable sustained organic growth. Given Assured’s significant hosting infrastructure, this is also an opportunity to leverage Oakley’s extensive hosting experience.
Assured operates in a high growth segment of the disaster recovery space which is expected to expand almost 5x over the next five years as companies’ data architecture becomes more complex and as the prevalence and severity of cyber threats grows. Rubrik, the technology Assured leverages, provides a next generation software solution that is growing rapidly as it displaces legacy providers.
