Latest round

Series D

Last raised

Jan 2010

Total raised

$63M

Investors

7

About Carbonite

Carbonite, Inc.Founded in 2005, Carbonite, Inc. is based in Boston, US, and specializes in data backup solutions. The company has undergone operational changes to enhance its service offerings but remains independent with no reported parent or subsidiary relationships. Michael Madan, the CEO and founder, has been pivotal in shaping the company’s vision since its inception.Carbonite offers a range of backup and data protection solutions tailored for home users and businesses. Its flagship product, Carbonite Backup, ensures automatic cloud backups of files on computers, focusing on data recovery and cybersecurity challenges. The service targets various markets, including individual users, small to medium-sized businesses, and larger enterprises, with offerings that include plans for personal users managing up to three computers and professional users handling multiple servers.96 mn. The company operates on a subscription-based model, offering various pricing tiers designed for individual users and businesses, which allows for flexibility based on client needs. Planned initiatives include the development of new backup solutions and enhanced cybersecurity features, with a focus on increasing market penetration in Europe and Asia by 2023.

Who invested in Carbonite

7 investors across 6 rounds

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Funding rounds

  1. Series D

    Jan 7, 2010

    Amount

    $20M

    Investors

    Locked

  2. Series C

    Sep 5, 2008

    Amount

    $16M

    Investors

    Locked

  3. Series B

    Dec 17, 2007

    Amount

    $5M

    Investors

    Locked

  4. Series B

    Apr 20, 2007

    Amount

    $15M

    Investors

    Locked

  5. Series A

    Sep 15, 2006

    Amount

    $3.5M

    Investors

    Locked

  6. Series A

    Mar 1, 2006

    Amount

    $2.5M

    Investors

    Locked

Questions about Carbonite

Who invested in Carbonite?

Carbonite has 7 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Carbonite raised?

Carbonite has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Carbonite last raise money?

Carbonite's most recent round on record is a Series D, in Jan 2010.

What does Carbonite do?

Carbonite is a software company.

Where is Carbonite headquartered?

Carbonite is headquartered in Boston, US.

Which VCs invest in companies like Carbonite?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Carbonite's stage. Their profiles are linked below.

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