Unitrends

Burlington, United States Founded: 1989 • Age: 37 yrs Acquired By Kaseya
Integrated backup, archiving, and disaster recovery solutions are provided.

About Unitrends

Unitrends is a company based in Burlington (United States) founded in 1989 was acquired by Kaseya in May 2018. Unitrends has raised $24.81 million across 11 funding rounds from investors including Kaseya, Harbert Management and Wellington Financial. The company has 238 employees. Unitrends has completed 1 acquisition, including VirtualSharp Software. Unitrends offers products and services including Backup Appliances, Backup Software, DRaaS, Cloud Backup, and SaaS Backup. Unitrends operates in a competitive market with competitors including Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.

Key Metrics
  • Total Equity Funding
    $24.81M (USD)

    in 11 rounds

  • Latest Funding Round
    $953.76K (USD), Series C

    Aug 2017

  • Investors
    Kaseya

    & 9 more

  • Employee Count
    238
  • Investments & Acquisitions
  • Acquired by
    Kaseya

    (May 2018)

Products & Services of Unitrends

Unitrends offers a comprehensive portfolio of products and services, including Backup Appliances, Backup Software, DRaaS, Cloud Backup, and SaaS Backup.

Backup Appliances
Hardware Solutions

All-in-one backup for streamlined data recovery and protection

Backup Software
Software Solutions

Integrated virtual appliances for comprehensive data backups

DRaaS
Service Solutions

Fully-managed disaster recovery services for business continuity

Cloud Backup
Cloud Services

Backup and recovery for Azure and AWS cloud workloads

SaaS Backup
Cloud Services

Backup for Microsoft 365 and Google Workspace data

Funding Insights of Unitrends

Unitrends has successfully raised a total of $24.81M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $953.76 thousand completed in August 2017. 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 $24.81M
  • Total Rounds 11
  • Last Round Series C β€” $953,758
  • First Round $1M

    (Jun 2003)

  • Investors Count 9

Latest 10 of 11 funding rounds of Unitrends with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2017$953,758Series C––
–
Oct 2013–Series C––
Mar 2013$2MSeries C––
Mar 2013$2MDebt – Venture––
Nov 2011–Series B––
Dec 2010$3.5MSeries C––
–
Jun 2010$3MDebt – Venture––
May 2008$9MSeries C––
Jan 2005$8.1MSeries B–The Aurora Funds
Jan 2004$252,000Unspecified––
Valuation history

10 investors in total: 10 institutional.

Investors in Unitrends

Unitrends has secured backing from 10 investors, including venture fund investors. Prominent investors backing the company include Kaseya, Harbert Management and Wellington Financial.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment firm scaling software and technology companies from early to late stages.
–insightpartners.com-
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America
–mmvf.comToronto, Canada
-
–aurorafunds.com-
-
–trelys.com-
Venture capital is invested in multiple sectors by Paladin Capital.
–paladincapgroup.comWashington, Dc, United States
Infrastructure, hedge, private equity, and debt fund focused on multiple sectors
1993harbert.netBirmingham, United States
-
–ecenturycapital.com-
Angel investments are made in Charleston-based companies by member network.
2004chapsc.comCharleston, United States
Tech-focused Venture debt provider investing primarily in the US and Canada
2000wellingtonfund.comToronto, Canada
Cloud based platform offering IT infrastructure monitoring software
2000kaseya.comWaltham, United States
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Investor details for Unitrends

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People of Unitrends

1 people are tracked at Unitrends (1 in leadership); the tracked headcount is 238.

NameRoleGroup
Josh Gray
CEOLeadership
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Complete people profiles for Unitrends

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Investments & Acquisitions by Unitrends

Unitrends has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VirtualSharp Software.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Disaster recovery solutions for virtual datacenters are developed and orchestrated.
virtualsharp.comMclean, United States2010Apr 2013β€’β€’β€’β€’
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Complete acquisition details for Unitrends

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Timeline of Unitrends

5 dated milestones of Unitrends across 29 years, from founding to its latest funding, stage changes and deals.

  1. Founded Unitrends is founded.
  2. Funding First funding round of $1.0M.
  3. Acquisition Acquires VirtualSharp Software.
  4. Funding Latest funding round, Series C, of $954K.
  5. Exit Acquired by Kaseya.

Competitors of Unitrends

Unitrends 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 Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
acronis.com2003Singapore$658M314
Cloud-based enterprise management solutions including backup and recovery are provided.
veeam.com2006Columbus, United States$644.58M109
IT backup and recovery solutions are provided via cloud platform.
rubrik.com2014Palo Alto, United States$553M1,715
Converged data management solutions are provided for backup and recovery.
cohesity.com2013San Jose, United States$810M–
Cloud and AI based enterprise data backup and management solutions
avepoint.com2001Jersey, United States$90M303
Cloud based platform offering data backup and recovery solutions
skytap.com2006Seattle, United States$127.51M138
Cloud-based environments are delivered for application development and testing.
druva.com2008Santa Clara, United States$475.25M314
Enterprise data is protected across cloud, SaaS, and devices.
datto.com2007Norwalk, United States$100M–
Cloud-based continuity management software is offered for business protection.
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Detailed competitors of Unitrends

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Unitrends

The website of Unitrends (unitrends.com) receives about 24.9K visits a month.

  • Monthly visits
    24.9K

    ▼ 8.7% vs previous month

Similar websites

Websites whose visitors overlap most with Unitrends. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
veeam.com
100%
1.6M#30,667View details
teradactyl.com
99%
––View details
backuppc.sourceforge.net
backuppc.sourceforge.net
98%
–––
arkeia.com
95%
––View details
build38.com
93%
8.5K#2,720,630View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Unitrends

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  • Audience overlap
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Verified entity values are shown only after access is granted.

Latest news on Unitrends

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Complete news archive for Unitrends

Full article history, source details, and older brand coverage require an active premium plan.

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  • Source and publication date
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Similar companies to Unitrends

10 companies that operate in the same segment as Unitrends (IT Services & Operations), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M1,240
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M––
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B3,200
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B––
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
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Frequently Asked Questions about Unitrends

Unitrends was founded in 1989 and raised its 1st funding round 14 years after it was founded.

Unitrends is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.

Unitrends is a funded company, having raised a total of $24.81M across 11 funding rounds to date. The company's 1st funding round was a Unspecified of $252K, raised on Jun 2003.

Unitrends has 238 employees.

Unitrends was founded in 1989 and is headquartered in Burlington, United States. Data protection services are offered for physical, virtual, and cloud environments through an all-in-one platform that includes backup, archiving, and disaster recovery capabilities. Acquisitions were made in 2013, including Ph.D. Virtual Technologies for virtual backup assurance and Yuruware for disaster recovery and migration tools. Operations focus on integrated solutions for diverse IT infrastructures.

Unitrends's top competitors include Acronis, Rubrik and Veeam.

Unitrends offers Backup Appliances, Backup Software, DRaaS, Cloud Backup, and SaaS Backup.

Unitrends has made 1 acquisition, including VirtualSharp Software.

Unitrends has 10 investors. Key investors include Kaseya, Harbert Management, Wellington Financial, Charleston Angel Partners, and Insight Partners.

Yes. Unitrends was acquired by Kaseya in May 2018.

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