Skip to content

Keepit Shatters $100M ARR Milestone

Keepit Shatters $100M ARR Milestone, Unveils AI Truth Cloud for Enterprise Data Integrity

Keepit has officially crossed the $100 million Annual Recurring Revenue (ARR) threshold. This nine-figure milestone aligns with the rapid market adoption of its AI Truth Cloud—a strategic evolution that transforms SaaS data protection from a passive insurance policy into the verified, immutable foundation required for enterprise AI operations.

$100M+
Annual Recurring Revenue
13x
Growth Since Sept 2020
>55%
Compound Annual Growth Rate

From Passive Backup to the Bedrock of AI

As enterprise AI systems become deeply embedded in daily workflows, the integrity of underlying corporate data has escalated from a technical footnote to a critical business risk. Because AI models are probabilistic, any modifications an AI agent makes to enterprise data are inherited by subsequent processes. If the foundation is flawed, the entire automated ecosystem is compromised.

Keepit’s AI Truth Cloud addresses this vulnerability head-on. By maintaining data in an immutable, highly verifiable state that is strictly separated from primary SaaS providers, organizations gain an absolute source of truth. Whether recovering from a ransomware strike or rolling back an AI-induced data corruption, companies can instantly restore a single item or an entire environment to a guaranteed known-good state.

“Historically, backups simply answered whether you could recover lost files. Today, AI forces a more profound question: Do we inherently trust the data driving our business? Protection has evolved from a baseline operational cost to the bedrock of corporate trust.”

— Frederik Schouboe, Co-founder and Chief Visionary Officer

True Independence Drives Sovereign Trust

Keepit’s accelerated growth is heavily fueled by its refusal to build on hyperscalers like AWS, Google Cloud, or Microsoft Azure. Operating entirely on its own vendor-neutral cloud infrastructure across seven global data center regions, Keepit ensures structural independence. Customers retain unfettered access to their backups even during catastrophic outages at their primary SaaS provider.

This architectural separation is increasingly mandatory for organizations navigating complex data sovereignty laws, conflicting jurisdictional residency requirements, and strict regulatory frameworks.

“Crossing $100 million in ARR proves that the market demands data protection independent of the hyperscalers hosting their primary environments. We scaled this company by prioritizing data sovereignty, immutable storage, and absolute independence. As our AI initiatives accelerate, this growth trajectory is locked in.”

— Morten Felsvang, Co-founder and CEO

Global Scale and Enterprise Adoption

Supported by a 700-person workforce across the Americas and Europe, Keepit orchestrates data protection for a massive portfolio of SaaS applications, including Microsoft 365, Google Workspace, and Salesforce. Delivered through an expansive network of MSPs, aggregators, and resellers, the platform scales effortlessly from single-user setups to global conglomerates.

Keepit currently serves as the trusted data foundation for industry leaders worldwide, including:

  • Porsche Holding Salzburg
  • Carlsberg
  • Saxo Bank
  • Oxford University Innovation
  • KU Leuven
  • Luminus, HDI, freenet, and Emmi

About Keepit
At Keepit, we believe in a digital future where all software is delivered as a service. Keepit’s mission is to protect data in the cloud Keepit is a software company specializing in Cloud-to-Cloud data backup and recovery. Deriving from +20 year experience in building best-in-class data protection and hosting services, Keepit is pioneering the way to secure and protect cloud data at scale.

About Version 2 Limited
Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

The Illusion of Management: Why Distributed Infrastructure Demands a True Control Plane

The Illusion of Management: Why Distributed Infrastructure Demands a True Control Plane

For years, enterprise IT leaders have poured extensive resources and strategic focus into optimizing the centralized data center. Yet, the distributed edge—retail stores, medical clinics, branch offices, and manufacturing plants—has largely been left to accumulate hardware unchecked. If you ask an IT director for a device count at a remote site, the documented number is rarely accurate. A physical walkthrough almost inevitably reveals a much higher tally.

This discrepancy isn’t born of negligence. It is the byproduct of siloed procurement: a server for the point-of-sale system, a recorder for security cameras, a dedicated analytics appliance for loss prevention, and a standalone backup target. Each purchase made sense in isolation, but collectively, they created an unmanageable sprawl. You didn’t intentionally deploy 14,000 discrete devices; you made a dozen isolated decisions and let the sheer volume of your physical footprint multiply the complexity.

The Critical “Second” IT Decision

While enterprises have thoroughly modernized their data centers (the “first decision”), the infrastructure powering hundreds or thousands of remote sites requires a completely different architectural approach. The edge operates under different budgets, unique resource constraints, and distinct success metrics—such as eliminating truck rolls, maximizing local uptime, and increasing the ratio of sites managed per administrator.

Scale Computing was engineered specifically for this “second decision.” Unlike competitors who attempt to strip down bloated data center platforms, our architecture was purpose-built from the ground up for the edge—the precise locations where your business meets its customers, but where dedicated IT staff do not exist.

The Hidden Operational Math of Edge Sprawl

Consider the operational reality of distributed IT. Multiply the number of disparate devices at a single location by your total number of sites. Then, factor in the hidden baggage each device carries: refresh cycles, support contracts, firmware updates, security vulnerabilities, and the inevitable on-site maintenance visits.

An enterprise with 12 devices across 1,200 locations is actively operating over 14,000 independent pieces of infrastructure. If each device requires just a few manual updates a year, the administrative burden quickly consumes tens of thousands of hours—the equivalent of an entire IT department dedicated solely to manual tasks a unified platform could automate.

When hardware fails or configurations drift, a technician must be dispatched. Every “truck roll” incurs hard costs, consumes valuable time, and leaves the site operating at diminished capacity until help arrives. This decentralized operational bleed rarely appears as a single line item, but it represents the true, crippling cost of edge sprawl.

Visited vs. Managed Infrastructure
The distinction is crucial: truly managed infrastructure possesses a centralized control plane. It allows you to monitor, patch, reconfigure, and recover systems across thousands of deployments simultaneously, from anywhere. Conversely, visited infrastructure requires a physical presence.

Many organizations mistakenly believe their distributed environments are “managed” simply because helpdesk tickets are eventually closed. But if a weekend outage at a remote location requires dispatching a technician on a four-hour drive, that site is not being managed—it is merely being visited on an emergency basis. This isn’t a failure of the IT team; it is a fundamental architectural flaw caused by deploying disparate hardware without a unifying management layer.

Purpose-Built for the Realities of the Edge

Traditional IT platforms were designed for pristine data centers and struggle when pushed to the edge, demanding more space, power, cooling, and on-site expertise than distributed locations can reliably supply. Scale Computing took the opposite approach.

Our integrated platform was architected from day one for multi-site, resource-constrained operations. This means delivering reliable performance despite legacy hardware, fluctuating connectivity, limited physical footprints, and zero on-site IT support. It ensures standardized security, visibility, and management across the enterprise while gracefully accommodating the unique variables of individual sites. Importantly, our solution integrates seamlessly with your existing hardware and applications, enabling modernization at your own pace rather than forcing a disruptive “rip-and-replace.”

Unifying Compute, Connectivity, and Security

Historically, distributed enterprises have treated compute, networking, and security as separate problems—procured from different vendors, managed via disparate consoles, and supported by separate escalation paths. Yet, at the edge, these elements fail together.

Scale Computing eradicates this fragmentation by converging edge computing, SD-WAN, and managed network security into a single, cohesive platform. It empowers you to run mission-critical and AI workloads locally where data is generated, while providing continuous network monitoring and cloud-managed connectivity designed to keep thousands of sites online simultaneously.

A Modular Path to Strategic Modernization

Transforming your distributed infrastructure doesn’t require a massive, day-one overhaul. The Scale Computing platform is modular, allowing you to adopt capabilities based on your most pressing operational pain points. Whether you deploy virtualization and edge compute today, and managed network services tomorrow—or vice versa—every new capability lands on the exact same unified control plane.

This is the critical difference between strategically modernizing your IT and merely accumulating more technical debt.

Proven Performance at Scale

This architecture is not a theoretical framework; it is a globally proven installed base. Scale Computing powers over 70,000 sites for 7,000+ customers across 30 countries. From retail and healthcare to manufacturing and financial services, we keep production environments running flawlessly in locations where the nearest IT technician is hours away.

As edge workloads intensify—driven by localized AI inference, IoT, computer vision, and POS modernization—the need for resilient, autonomous infrastructure has never been more urgent. Downtime at the edge equates to immediate lost revenue, not just a temporary inconvenience. Your infrastructure must hold up without human intervention.

Strategic Execution for the Edge

To determine if your organization has a cohesive distributed infrastructure strategy, ask one defining question:

What happens when the business needs to deploy a new application to every location?

  • If your answer involves complex procurement cycles, physical shipping, scheduling, and months of on-site rollouts, you do not have a platform—you have a supply chain.
  • If your answer is that you can instantly deploy that application via a centralized console, you possess a true edge platform.

The centralized data center has rightfully received significant strategic focus. Now, it is time to make a deliberate, purpose-driven decision for the edge—the vital locations where your business actually meets its customers.

About Scale Computing
Scale Computing is a leader in edge computing, virtualization, and hyperconverged solutions. Scale Computing HC3 software eliminates the need for traditional virtualization software, disaster recovery software, servers, and shared storage, replacing these with a fully integrated, highly available system for running applications. Using patented HyperCore™ technology, the HC3 self-healing platform automatically identifies, mitigates, and corrects infrastructure problems in real-time, enabling applications to achieve maximum uptime. When ease-of-use, high availability, and TCO matter, Scale Computing HC3 is the ideal infrastructure platform. Read what our customers have to say on Gartner Peer Insights, Spiceworks, TechValidate and TrustRadius.

About Version 2 Limited
Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.