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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.
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Key Metrics
Founded Year
2005
Location
Boston, United States
Stage
Acquired
Total Funding
$66M in 8 rounds
Last Known Valuation
$***** as on Nov 11, 2019
Ranked
Annual Revenue
$100M - $500M as on Dec 31, 2018
Employee Count
197 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by OpenText (Nov 11, 2019)

Carbonite's acquisition details

Carbonite got acquired by OpenText on Nov 11, 2019 at an acquisition amount of $*****.
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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:lockFilter 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
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Carbonite's founders and board of directors

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Carbonite's employee count trend

Carbonite has 197 employees as of Jul 26. Here is Carbonite's employee count trend over the years:
Employee count trend for Carbonite
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Rubrik
Rubrik
2014, Palo Alto (United States), Public
Provider of cyber resilience platform for data and identity security
$553M
79/100
2nd
Logo for Druva
Druva
2008, Santa Clara (United States), Series H
Provider of cloud-based platform for data protection, security, and governance
$475M
78/100
3rd
Logo for Veeam
Veeam
2006, Columbus (United States), Acquired
Provider of data resilience and cyber security solutions for enterprises
$1.04B
78/100
4th
Logo for Acronis
Acronis
2003, Schaffhausen (Switzerland), Acquired
Provider of cyber protection solutions, including backup, disaster recovery, and cybersecurity
$658M
74/100
5th
Logo for Cohesity
Cohesity
2013, San Jose (United States), Series F
Cloud and AI based enterprise data backup and management solutions
$810M
72/100
6th
Logo for Keepit
Keepit
2002, Copenhagen (Denmark), Series B
Provider of cloud data protection and recovery for SaaS applications
$80.6M
68/100
7th
Logo for AvePoint
AvePoint
2001, Jersey City (United States), Public
Cloud based platform offering data backup and recovery solutions
$90M
67/100
8th
Logo for Veritas Technologies
Veritas Technologies
1983, Santa Clara (United States), Acquired
Provider of data management and cyber resilience solutions for enterprises
$18.6M
67/100
9th
Logo for Datto
Datto
2007, Norwalk (United States), Acquired
Cloud based platform offering continuity management software
$100M
67/100
10th
Logo for Semperis
Semperis
2013, Hoboken (United States), Series C
Provider of Active Directory and Entra ID security and recovery solutions
$368M
66/100
11th
Logo for Carbonite
Carbonite
2005, Boston (United States), Acquired
Hybrid Backup and recovery for consumers and small business
$66M
66/100
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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:lockFilter 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)
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Reports related to Carbonite

Here is the latest report on Carbonite's geography:

News related to Carbonite

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