About Datto
Datto is a company based in Norwalk (United States) founded in 2007 was acquired by Kaseya in April 2022.. Datto has raised $100 million across 2 funding rounds from investors including Kaseya, TCV and General Catalyst. Datto has completed 6 acquisitions, including Autotask, Backupify and BitDam. Datto operates in a competitive market with competitors including Druva, Atera, Backupify, SuperOps and Keepit, among others.
- Headquarter Norwalk, United States
- Stage Public
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Datto Denmark Aps
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Funding Insights of Datto
Datto has successfully raised a total of $100M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $75 million completed in November 2015. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $75.0M
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First Round
First Round
(03 Sep 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2015 | Amount | Series B - Datto | Valuation |
investors |
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| Sep, 2013 | Amount | Series A - Datto | Valuation | General Catalyst |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Datto
Datto has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Kaseya, TCV and General Catalyst. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Investments are directed toward high-growth enterprise software and technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Datto
Datto has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Autotask, Backupify and BitDam. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Behavioral analytics are utilized for anomaly detection and anti-phishing.
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2015 | ||||
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Cloud-based solutions for endpoint security and threat detection are offered.
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2014 | ||||
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Cloud backup solutions are provided for popular online services.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Datto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Datto Comparisons
Competitors of Datto
Datto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Druva, Atera, Backupify, SuperOps and Keepit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Enterprise data is protected across cloud, SaaS, and devices.
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| domain | founded_year | HQ Location |
Cloud-based remote monitoring and management tools are offered for MSPs.
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| domain | founded_year | HQ Location |
Cloud backup solutions are provided for popular online services.
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| domain | founded_year | HQ Location |
AI-powered PSA and RMM platform is offered for MSPs.
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| domain | founded_year | HQ Location |
Cloud-to-cloud SaaS data backups are provided for various services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Datto
Frequently Asked Questions about Datto
When was Datto founded?
Datto was founded in 2007 and raised its 1st funding round 6 years after it was founded.
Where is Datto located?
Datto is headquartered in Norwalk, United States.
Is Datto a funded company?
Datto is a funded company, having raised a total of $100M across 2 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Sep 03, 2013.
What does Datto do?
Founded in 2007 and headquartered in Norwalk, United States, Datto operates in the IT continuity and backup sector. A cloud-based platform is provided, featuring products such as PC cloud continuity, SaaS protection management, file security management, and workplace management tools. Network-attached storage systems are also supplied, enabling the transfer of backed-up data to cost-effective cloud environments for secure data handling.
How many acquisitions has Datto made?
Who are Datto's investors?
Datto has 4 investors. Key investors include Kaseya, TCV, General Catalyst, and Vista Equity Partners.
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