Spin Technology, an all-in-one SaaS data protection platform developer for “mission-critical” SaaS applications, has closed its $16 million Series A financing round. Expansion capital company and Pillsbury client, Blueprint Equity, led the financing round along with contribution from Santa Barbara Venture Partners and Blu Venture Investors.

Spin Technology intends to utilize their investment proceeds by accelerating growth, expanding Spin’s SaaS contributions and further solidify the company’s marketing, sales and engineering teams.

Investing in businesses across North America, Blueprint Equity provides expansion capital to rapidly growing enterprise software and technology-enabled services. To learn more about recent financings in which Pillsbury advised Blueprint Equity, click here, here and here.

The Pillsbury team included Corporate partner Christian Salaman, Tax partner Nora Burke and Corporate Strategy Analyst Thomas Tiop.

Click here to read the full press release.