Slide Secures $70M to Challenge BCDR Market with Modern Platform

NORWALK, Conn. – March 10, 2026 – Slide, a security-focused Business Continuity and Disaster Recovery (BCDR) company, today announced it has closed a $70 million Series B funding round. The investment, led by venture capital firm General Catalyst, is poised to accelerate the company’s challenge to an industry long dominated by established incumbents.

Founded by veterans of the BCDR space—Datto founder Austin McChord and former Datto General Counsel Michael Fass—Slide has positioned itself as a modern alternative built exclusively for Managed Service Providers (MSPs). The new capital injection, which brings the company's total funding to $95 million, will fuel an aggressive global expansion, accelerate product development, and bolster its engineering teams. The move signals a significant escalation in the battle for the loyalty of MSPs who manage the IT infrastructure for small and medium-sized businesses worldwide.

“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,” said Michael Fass, co-founder and CEO of Slide. “This funding ensures we remain independent, product-focused, and resilient—while continuing to invest in innovation and in the people who make it possible.”

A Market Ripe for Disruption

The BCDR market for MSPs has been characterized by consolidation and a growing sense of frustration among partners. Following acquisitions of major players, including Kaseya’s purchase of Datto, a segment of the MSP community has voiced concerns about declining support quality, stagnant innovation, and a shift away from partner-centric business models. This sentiment has created a significant market opportunity for a new player focused squarely on MSP needs.

Industry forums and social media discussions reveal a palpable demand for change. Many MSPs feel encumbered by solutions built on aging technology, often referred to as “legacy technical debt.” These older platforms can struggle with the performance, security, and integration demands of modern hybrid IT environments. “We’ve been looking for an alternative that feels like it was built in this decade, not the last one,” noted one MSP operations manager in an online forum. This widespread desire for a fresh approach provides a fertile ground for Slide’s value proposition.

Rewriting the BCDR Playbook

Slide’s core pitch is its clean-slate approach, promising a platform built “from scratch, free of legacy technical debt.” This is more than a marketing slogan; it represents a fundamental architectural choice. The company engineered its platform using a modern software stack and high-performance NVMe storage, from its on-premise appliances to its private cloud infrastructure. This design is intended to deliver superior speed for backup and, more critically, for recovery operations.

The use of NVMe technology is a key differentiator, promising faster boot-up operations and failover virtualization, which can reduce a client’s downtime from hours to minutes during a disaster. The company also emphasizes its “security-first” design, which includes mandatory, native data encryption both in transit and at rest at no extra cost—a critical defense against the ever-present threat of ransomware.

“The first year of Slide has been about reminding the channel what innovation looks like,” said Austin McChord, co-founder and chairman of the board. “This round gives Slide the resources to expand the scope of our products and the geographic reach of the company.”

Global Ambitions Fueled by Fresh Capital

The $70 million in new capital is earmarked for a multi-pronged growth strategy. The most immediate initiative is a significant expansion into the Europe, Middle East, and Africa (EMEA) region. Slide is concurrently opening a UK office to provide local sales and support, and launching its first regional data center in Germany.

This move directly addresses the critical data sovereignty and compliance requirements that are top-of-mind for European MSPs. With the General Data Protection Regulation (GDPR) imposing strict rules on data handling, the ability to guarantee that client data remains within EU borders is a powerful selling point. The German data center allows Slide’s partners to meet these regulatory demands while benefiting from lower latency.

This strategic entry into Europe has been met with enthusiasm. “For MSPs here, having access to Slide’s high-performance architecture, security-first design, and partner-centric approach, combined with local support and in-region data centres, is a game changer,” said Derrick Ross, director of Hampshire Business Computers Ltd. “It’s refreshing to see a vendor truly listening to the MSP community.”

Investor Conviction and Partner Expectations

That a high-profile firm like General Catalyst led the funding round underscores strong investor confidence in Slide's mission. The VC firm is known for backing companies aimed at transforming major industries. “Michael, Austin and the team understand the MSP community at a foundational level and are rebuilding a critical category with modern architecture and long-term conviction,” stated Mark Crane, Partner at General Catalyst.

This conviction is shared by other participants in the round, such as Outsiders Fund, which focuses on disrupting antiquated industries. While investor sentiment is high, the MSP community remains pragmatically optimistic. Partners who have adopted the platform praise its “rock solid” performance and highly responsive support team. However, they are also clear about their expectations for the future. Current discussions highlight the platform's strength in on-premise server and desktop backup, but also point to a need for expanded SaaS protection capabilities for applications like Microsoft 365 and Google Workspace. “The speed is incredible,” one partner wrote, “but to fully replace our current stack, we need to see their roadmap for cloud-to-cloud backup.”

With this substantial new funding and a clear strategic roadmap, Slide is now fully equipped to escalate its campaign to win over MSPs seeking a modern data protection partner. The company's blend of seasoned leadership and a fresh technology stack presents a formidable challenge to legacy providers. As Slide expands its product suite and geographical footprint, its progress will be watched closely by partners and competitors alike, all eager to see if this upstart can truly redefine the standards for business continuity in the channel.