Carbonite

Valuation $1B

About Carbonite

Carbonite provides internet-based backup solutions for individuals and businesses.
Headquarters Carbonite, Boston
Founded 2005-02-10
Industry Enterprise Software, SaaS, Web Hosting
Last Funding Type Post Ipo Equity
Valuation 1
Total Funding $191.20 million dollars
IPO Status Public

Financial

Carbonite may be growing as it is featured in a market research study alongside other key players in the file backup software market. The inclusion in this study suggests that Carbonite is a notable participant in the industry, which often correlates with a company's relevance and competitive presence. Furthermore, being part of a research study indicates that there is interest in Carbonite's market activities and performance, which can be a precursor to growth in its sector.

Carbonite has expanded its Boston data center by signing a lease to triple its floor space at One Summer Street. Additionally, OpenText Cybersecurity has introduced a Carbonite cloud-to-cloud backup solution in India to enhance data protection and compliance with DPDPA.
Funding Rounds 8
Number of Lead Investors 5
Total Funding Amount  $191.20 million dollars
Number of Investors 10

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