About Carbonite
Carbonite is a Technology company based in Boston (United States) founded in 2005, and was acquired by OpenText in November 2019. Cloud and hybrid backup solutions are offered for small businesses. Carbonite has raised $66 million across 8 funding rounds from investors including Barclays, Citizens Bank and OpenText. The company has 742 employees. Carbonite has completed 7 acquisitions, including Double-Take Software, EVault and MailStore. Its website carbonite.com draws about 584 thousand monthly visits. Carbonite offers products and services including Cloud Backup, Endpoint and Server Backup, and Data Protection Strategies. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Storage Management and Backup & Recovery. Its legal entity is CARBONITE INC. Its competitors include Veeam, Rubrik and Cohesity; 3 of its 3 listed competitors have raised funding.
Company details
Carbonite was founded in 2005 in Boston, United States, and operates in the data backup and recovery sector. Hybrid business continuity solutions are provided to small and medium-sized businesses, including cloud backup for individual computers through the Carbonite Personal service. Server backup capabilities are extended to physical and virtual environments, with additional monitoring and reporting tools integrated for backup management.
- Headquarters Boston, United States
- Employees 742
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology · File Sharing and Hosting
- Website carbonite.com
- Social LinkedIn X Facebook
- Acquired by OpenText (Nov 2019)
- Legal Name Carbonite Inc
- Annual Revenue$296.41 M (USD)24as on Dec 31, 2018
- Net Profit$7.56 M (USD)289as on Dec 31, 2018
- EBITDA$3.67 M (USD)130as on Dec 31, 2018
- Total Equity Funding$66M (USD)
in 8 rounds
- InvestorsBarclays
& 10 more
- Employee Count742
- Investments & AcquisitionsDouble-Take Software
& 6 more
- Acquired byOpenText
(Nov 2019)
Products & Services of Carbonite
Carbonite offers a comprehensive portfolio of products and services, including Cloud Backup, Endpoint and Server Backup, and Data Protection Strategies.
Provides unlimited cloud storage for file backups and easy restoration.
Offers backup for servers and computers to ensure data security.
Delivers scalable data protection for enterprise environments.
Funding Insights of Carbonite
Carbonite has successfully raised a total of $66M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $66M
- Total Rounds 8
- First Round $2.5M
(Mar 2006)
- Investors Count 10
All 8 funding rounds of Carbonite with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2019 | Debt – Conventional | – | – | ||
| Mar 2017 | $143.75M | Post-IPO | – | – | – |
| Dec 2009 | $20M | Series C | – | – | |
| Sep 2008 | $20M | Series C | – | – | |
| Dec 2007 | $5M | Series B | – | – | |
| May 2007 | $15M | Series B | – | – | |
| Dec 2006 | $3.5M | Series A | – | – | |
| Mar 2006 | $2.5M | Series A | – | – |
11 investors in total: 11 institutional.
Investors in Carbonite
Carbonite has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Barclays, Citizens Bank and OpenText.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in various sectors by Crosslink Capital. | crosslinkcapital.com | San Francisco, United States | ||
Early-stage venture capital firm investing in AI, healthcare, and tech sectors. | menlovc.com | |||
Private equity firm focused on buyouts | 2005 | peqm.com | Greenwich, United States | |
Private equity firm focused on mid-market businesses | 1945 | 3i.com | London, United Kingdom | |
An online service for removing vocals from music tracks is provided. | 2014 | commonangels.com | ||
Accredited investors are networked for private equity funding opportunities. | 2000 | keiretsuforum.com | San Francisco, United States | |
Diversified financial services are provided across global markets. | 1690 | home.barclays | London, United Kingdom | |
Commercial banking services are provided to individuals and businesses. | 1828 | citizensbank.com | Providence, United States | |
| rbccm.com | ||||
Affiliate marketing network for businesses | 1998 | cj.com | Santa Barbara, United States |
Investor details for Carbonite
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People of Carbonite
676 people are tracked at Carbonite (266 in leadership, 11 in board & advisors, 399 in team); the tracked headcount is 742.
| Name | Role | Group |
|---|---|---|
Rui Martins | Vice President Renewals Sales EMEA & Latam | Leadership |
Husam Zein | Director | Leadership |
Michelle Berry | Executive Vice President, Chief Human Resources Officer | Leadership |
Nitin Acharya | Senior Director Of Software Engineering | Leadership |
Amy Glynn | Senior Director Of Benefits And Wellness | Leadership |
Nina Rosenthal | Director, Human Resources DACH | Leadership |
Staci Coddington | Senior Director Talent Acquisition, Americas | Leadership |
Karl Spangler | Rvp, CSP Partner Segment | Leadership |
Sanjay Sharma | Vice President, Enterprise Architecture And Transformation | Leadership |
Bryan Kwan | Sales Director, Cyber Security, HK & Macau | Leadership |
Shivani Kaushik Dhawan | Director | Leadership |
Pratibha Bansal | Director Talent Acquisition | Leadership |
Jenny Austin | Senior Director, Global Channel Marketing | Leadership |
Shelly Albrecht | Sr. Director Of Product Marketing, Integrated Campaigns, And Lifecycle Marketing | Leadership |
Richard Zadzilko | Director, Data Centre Services | Leadership |
Santhosh Gudala | Director, Engineering | Leadership |
Karthikeyan Alagarsamy | Director, Software Engineering | Leadership |
Thirumal Kasireddy | Director Of Engineering | Leadership |
Rafael Martin | Partner Manager Iberia | Leadership |
Chiranth Channappa | Director Of Product Management | Leadership |
656 more people are available in the full profile.
Complete people profiles for Carbonite
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Investments & Acquisitions by Carbonite
Carbonite has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Double-Take Software, EVault and MailStore.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Endpoint protection and threat intelligence services are delivered. | webroot.com | Broomfield, United States | 1997 | Feb 2019 | $618.5M | |
Cloud-based backup services are offered for personal and enterprise users. | mozy.com | Draper, United States | 2005 | Feb 2018 | $145.8M | |
Cloud backup and recovery solutions are offered for mobile workforces. | datacastlered.com | Seattle, United States | 2005 | Aug 2017 | •••• | |
Software for data migration, recovery, replication, and management is provided. | doubletake.com | Southborough, United States | 1985 | Jan 2017 | $65.25M | |
Cloud data back up , disaster recovery and HPC storage. | evault.com | Boston, United States | 1997 | Dec 2015 | $14M | |
Smart email archiving solutions are provided for data management. | mailstore.com | Viersen, Germany | 2006 | Dec 2014 | $19.8M | |
Cloud-based backup and recovery software is provided to enterprises. | zmanda.com | Sunnyvale, United States | 2005 | Oct 2012 | $14.75M |
Complete acquisition details for Carbonite
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Carbonite
12 dated milestones of Carbonite across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Carbonite is founded.
- Funding First funding round of $2.5M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Zmanda.
- Acquisition Acquires MailStore.
- Acquisition Acquires EVault.
- Acquisition Acquires Double-Take Software.
- Acquisition Acquires OpenText Cybersecurity.
- Acquisition Acquires Mozy.
- Funding Latest funding round, Debt – Conventional,.
- Acquisition Acquires Webroot.
- Exit Acquired by OpenText.
Competitors of Carbonite
Carbonite has 3 listed competitors in our database, 3 of them funded. They include Veeam, Rubrik and Cohesity.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| veeam.com | 2006 | Columbus, United States | $644.58M | 109 | IT backup and recovery solutions are provided via cloud platform. | |
| rubrik.com | 2014 | Palo Alto, United States | $553M | 1,715 | Converged data management solutions are provided for backup and recovery. | |
| cohesity.com | 2013 | San Jose, United States | $810M | Cloud and AI based enterprise data backup and management solutions |
Detailed competitors of Carbonite
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Carbonite
The website of Carbonite (carbonite.com) receives about 583.6K visits a month and ranks #69,303 among all websites worldwide, #8,214 in File Sharing and Hosting.
- Monthly visits583.6K
▲ 7.7% vs previous month
- Unique visitors268K
per month
- Global rank#69,303
among all websites
- Category rank#8,214
Computers Electronics and Technology · File Sharing and Hosting
- Bounce rate36%
- Pages per visit5.6
- Average visit4 min 54 sec
- DevicesDesktop 63% · Mobile 37%
Websites whose visitors overlap most with Carbonite. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| idrive.com | 100% | 791.6K | #46,921 | View details | |
| crashplan.com | 78% | 129K | #276,282 | View details | |
| dropbox.com | 76% | 140.4M | #214 | View details | |
| mozy.com | 75% | View details | |||
| sosonlinebackup.com | 75% | 1.7K | #8,246,192 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Carbonite
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- 40 similar websites
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- Traffic by brand
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Top companies in IT Services & Operations
3 companies that operate in the same segment as Carbonite (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Carbonite
Complete news archive for Carbonite
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Frequently Asked Questions about Carbonite
Carbonite was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Carbonite is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Carbonite is a funded company, having raised a total of $66M across 8 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Mar 2006.
Carbonite has 742 employees.
Annual revenue of Carbonite is $296.41M as on Dec 31, 2018.
Carbonite was founded in 2005 in Boston, United States, and operates in the data backup and recovery sector. Hybrid business continuity solutions are provided to small and medium-sized businesses, including cloud backup for individual computers through the Carbonite Personal service. Server backup capabilities are extended to physical and virtual environments, with additional monitoring and reporting tools integrated for backup management.
Carbonite offers Cloud Backup, Endpoint and Server Backup, and Data Protection Strategies.
Carbonite has made 7 acquisitions, including Double-Take Software, EVault, and MailStore.
Carbonite has 11 investors. Key investors include Barclays, Citizens Bank, OpenText, CJ Affiliate, and 3i Group.
Carbonite operates through Carbonite Inc.
Yes. Carbonite was acquired by OpenText in November 2019.