BCDR Firm Slide Raises $70M Series B To Fuel Global MSP Expansion: ‘The Train Keeps Rolling’
‘We’re using this additional funding to continue to put our foot on the accelerator so that we can grow the business, expand geographically, build out our products and bring the magic to all the places where MSPs thrive,’ says Slide CEO Michael Fass. ‘The train keeps rolling. We are approaching 1,000 MSP buying partners, and those partners have deployed close to 4,000 BCDR devices already.’
Business continuity and disaster recovery vendor Slide has raised $70 million in Series B funding to accelerate product growth, hire aggressively and expand into Europe.
The Norwalk, Conn.-based company launched in February 2025 and has raised $95 million to date, with a $25 million funding round last summer. This latest round will also support Slide’s new UK office and a new German data center that will support partners across Europe, the Middle East and Africa.
The funding was led by General Catalyst with participation from Base10, Outsiders Fund, futurepresent, Vine Ventures, Glynn Capital Management, Benchstrength, Top Down Ventures and Connecticut Innovations.
“We’re using this additional funding to continue to put our foot on the accelerator so that we can grow the business, expand geographically, build out our products and bring the magic to all the places where MSPs thrive,” Slide CEO Michael Fass (pictured) told CRN. “The train keeps rolling. We are approaching 1,000 MSP buying partners, and those partners have deployed close to 4,000 BCDR devices already.”
[Related: Slide Exec On Measuring Success: ‘We Don’t Grow If Our MSPs Don’t Grow’]
By 2027, he hopes to have between 4,000 and 5,000 partners, “or at least 20,000 devices in the field.”
Olly Ross, sales director at Hampshire, U.K.-based Hampshire Business Computers, said being a Slide partner has been refreshing, adding that their approach to innovation in the BCDR space and partner focus “is second to none.”
“We’re all excited at HBC to see how they continue to develop and I’m genuinely looking forward to what we’ll achieve together,” he told CRN in an email.
Carlson Choi, COO at Slide, said partners should expect new features and capabilities, like Linux agents. “But there are also new capabilities that become possible when you rethink the architecture,” he said. “Because our platform supports continuous development, when a feature is ready, partners get it immediately.”
The new funding will also support hiring across engineering, technical support and go-to-market teams in the United States, the United Kingdom and other regions where the company has customers.
“We have about 80 people at Slide right now, and we expect to grow substantially over the next year,” Fass said. “The magic of Slide is that we support our products like nobody else, so we need incredible engineers and great support folks to keep delivering that experience.”
International expansion is already underway, with the UK office serving as the company’s first operational hub in Europe.
“We met partners across the U.K. and Europe last year and have been signing them up consistently,” Fass said. “Until now, many of them were backing up their data to our Canadian data center for compliance purposes. With the Frankfurt data center, we can now provide regional infrastructure that meets their requirements.”
This comes as data sovereignty and privacy regulations remain a critical concern for MSPs serving enterprise customers, Choi added.
“Protecting data and meeting compliance requirements is the MSP’s job,” he told CRN. “We’re putting the infrastructure in place so they can protect their clients’ data wherever it lives.”
The funding also comes amid a lawsuit from rival vendor Kaseya, which is seeking to block Slide from selling its backup product, alleging the founders rebuilt the BCDR platform using misappropriated trade secrets and former Datto engineers. Austin McChord, Slide’s co-founder, founded Datto, which was sold to Kaseya for $6.2 billion in 2022.
“You know what would be great, if vendors in the space would follow our lead and invest their hard-earned money in making their products better,” Fass said at the time when asked about the lawsuit.
As for Slide, the next region they’re looking to jump to is Asia.
“The opportunity in this market is bigger than we expected,” Choi said. “MSPs around the world are asking us to come to their markets, and this funding gives us the ability to meet that demand.”