As businesses increasingly rely on managed service providers (MSPs) to maintain IT systems and protect data, demand is growing for tools that help recover operations quickly after cyberattacks, outages, or system failures.
A startup focused on this area has now secured new funding to expand its platform and international presence. Slide has raised $70 million in a Series B funding round led by General Catalyst.
Other investors participating in the round include Base10 Partners, Outsiders Fund, futurepresent, Vine Ventures, Glynn Capital Management, Benchstrength, Top Down Ventures and Connecticut Innovations.
With the new funding, Slide plans to expand its engineering and support teams, develop additional features for its platform, and strengthen integrations with other tools used by managed service providers.
“This funding marks a major milestone in Slide’s journey,” said Michael Fass, co-founder and CEO of Slide. “In our first year, MSPs have spoken loudly and clearly: they want a modern, secure, high-performance BCDR platform from a partner who is singularly focused on their success. This funding ensures we remain independent, product-focused, and resilient—while continuing to invest in innovation and in the people who make it possible.”
Alongside the funding announcement, Slide said it is opening a new office in the United Kingdom and launching a regional data centre in Germany. The expansion is intended to support customers and partners across Europe, the Middle East and Africa.
The regional infrastructure will help address data residency and compliance requirements in European markets.
Focus on data recovery and backup tools
Slide develops software for business continuity and disaster recovery (BCDR), which helps organisations restore systems and data after disruptions such as cyberattacks or hardware failures.
The platform is designed primarily for managed service providers, who support IT operations for businesses. According to Michael Fass, the company has seen demand from MSPs looking for newer backup and recovery platforms designed for modern IT environments.
Slide was built from scratch, free of legacy technical debt, for speed, security, and, most importantly, exclusively for MSPs.
“The first year of Slide has been about reminding the channel what innovation looks like. New entrants in BCDR are very rare. The results and investment show that the channel is recognising this team’s hard work and MSP alignment. This round gives Slide the resources to expand the scope of our products and the company’s geographic reach. I could not be more excited about what comes next,” said Austin McChord, co-founder and chairman of the board.
