Carbonite - About the company
Carbonite is an acquired company based in Boston (United States), founded in 2005. It operates as a Hybrid Backup and recovery for consumers and small business. Carbonite has raised $66M in funding, with last known valuation of $*****. The company has 898 active competitors, including 64 funded and 104 that have exited. Its top competitors include companies like Rubrik, Druva and Veeam.
Company Details
Carbonite provides cloud and hybrid business continuity solution to small and medium sized businesses. Its solutions include Carbonite Personal solution which offers cloud backup solutions for one computer, Carbonite Server Backup, a hybrid server backup solution that provides server backup for physical and virtual servers. It also provides monitoring and reporting solutions for the backup software.
- Website
- www.carbonite.com/
Key Metrics
Founded Year
2005
Location
Boston, United States
Stage
Acquired
Total Funding
$66M in 8 rounds
Latest Funding Round
Last Known Valuation
$***** as on Nov 11, 2019
Investors
Ranked
11th among 898 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2018
Employee Count
197 as on Jul 31, 2026
Exit Details
Acquired by OpenText (Nov 11, 2019)
Legal entities associated with Carbonite
Carbonite is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Carbonite Inc CIN: 1340127 , United States, Active | Feb 09, 2005 | $100M - $500M (As on Dec 31, 2018) | 632 (As on Dec 31, 2022) | - |
Carbonite's acquisition details
Click here to take a look at Carbonite's acquisition in detail
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Carbonite's funding and investors
Carbonite has raised a total funding of $66M over 8 rounds. Its first funding round was on Mar 01, 2006. Its latest funding round was a Conventional Debt round on Feb 07, 2019 for $*****. 3 investors participated in its latest round. Carbonite has 21 institutional investors.
Here is the list of recent funding rounds of Carbonite:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 07, 2019 | 9446638 | Conventional Debt | 6034534 | 7224226 | 2376483 | 9317549 |
Mar 2017 | 1663053 | Post IPO | 2690476 | 3056791 | 5546976 | 2304540 |
Dec 24, 2009 | 9753750 | Series C | 2211885 | 7742520 | 7333067 |
View details of Carbonite's funding rounds and investors
Carbonite's founders and board of directors
Founder? Claim ProfileCarbonite's employee count trend
Carbonite has 197 employees as of Jul 26. Here is Carbonite's employee count trend over the years:
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Carbonite's Competitors and alternates
Top competitors of Carbonite include Rubrik, Druva and Veeam. Here is the list of Top 10 competitors of Carbonite, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Rubrik 2014, Palo Alto (United States), Public | Provider of cyber resilience platform for data and identity security | $553M | 79/100 | |
2nd | Druva 2008, Santa Clara (United States), Series H | Provider of cloud-based platform for data protection, security, and governance | $475M | 78/100 | |
3rd | Veeam 2006, Columbus (United States), Acquired | Provider of data resilience and cyber security solutions for enterprises | $1.04B | 78/100 | |
4th | Acronis 2003, Schaffhausen (Switzerland), Acquired | Provider of cyber protection solutions, including backup, disaster recovery, and cybersecurity | $658M | 74/100 | |
5th | Cohesity 2013, San Jose (United States), Series F | Cloud and AI based enterprise data backup and management solutions | $810M | 72/100 | |
6th | Provider of cloud data protection and recovery for SaaS applications | $80.6M | 68/100 | ||
7th | AvePoint 2001, Jersey City (United States), Public | Cloud based platform offering data backup and recovery solutions | $90M | 67/100 | |
8th | Veritas Technologies 1983, Santa Clara (United States), Acquired | Provider of data management and cyber resilience solutions for enterprises | $18.6M | 67/100 | |
9th | Datto 2007, Norwalk (United States), Acquired | Cloud based platform offering continuity management software | $100M | 67/100 | |
10th | Semperis 2013, Hoboken (United States), Series C | Provider of Active Directory and Entra ID security and recovery solutions | $368M | 66/100 | |
11th | Carbonite 2005, Boston (United States), Acquired | Hybrid Backup and recovery for consumers and small business | $66M | 66/100 |
Looking for more details on Carbonite's competitors? Click here to see the top ones
Carbonite's Investments and acquisitions
Carbonite has not made any investments yet. Carbonite has made 7 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 07, 2019 | Acquisition | 1997 | Broomfield (United States) | |
Feb 13, 2018 | Acquisition | 2005 | Draper (United States) | |
Aug 14, 2017 | Acquisition | 2005 | Seattle (United States) |
See all acquisitions by Carbonite
Reports related to Carbonite
Here is the latest report on Carbonite's geography:
News related to Carbonite
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EngageSmart Appoints Scott Semel as Senior Vice President, General CounselBusiness Wire•Mar 01, 2022•EngageSmart, Carbonite, PTC
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Alert Logic Appoints John Post as Chief Executive OfficerPR Newswire•Jan 13, 2021•Level Blue, Carbonite
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Steve Munford Named President & Chief Executive Officer of TruliooFF News | Fintech Finance•Mar 16, 2020•Trulioo, Carbonite
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OpenText Completes Carbonite, Webroot Acquisition: 5 Things to KnowChannelE2E•Dec 24, 2019•OpenText, Carbonite, Webroot
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Tortoise Announces Expected Constituent Change Due to Merger and Acquisition ActivityBusiness Wire•Dec 23, 2019•Tortoise, Carbonite
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Lifshitz & Miller LLP Announces Investigation of AK Steel Holding Corporation, Carbonite, Inc., Continental Building Products, Inc., KEMET Corporation, The Medicines Company, Tech Data Corporation, and Tiffany & Co.PR Newswire•Dec 11, 2019•Tiffany, Tech Data, Lifshitz Law Firm, AK Steel and 4 others
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