# QuorumLabs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quorumlabs

- Industry: Software
- Headquarters: San Jose, US
- Website: www.quorum.com
- Total disclosed funding: $14M
- Latest round: Series C (Dec 23, 2013)
- Investors on record: 2

## About

QuorumLabs, Inc. specializes in disaster recovery and ransomware protection solutions, delivering critical data recovery services primarily through its flagship product, Quorum onQ, ensuring operational continuity and data security for businesses.Founded in 2008 in San Jose, US, QuorumLabs, Inc. focuses on providing disaster recovery solutions. The company has undertaken significant growth initiatives and has completed 10 deals, with the most recent funding round occurring on February 1, 2017, raising USD 4.57 mn, matching its total amount raised. Maria Carrera is the founder, while Irshad Khatri, Jim Garn, and John Newsom serve as the current CEOs.Quorum offers a comprehensive suite of disaster recovery and ransomware protection solutions centered around its flagship product, Quorum onQ. This solution facilitates rapid data recovery and high availability, featuring 1-click instant recovery and a user-friendly interface. Additional offerings include the Archive Vault for extended data retention and SQL Instant Recovery for Microsoft SQL servers. Quorum serves various sectors, including municipal governments and businesses, with flexible configurations such as hardware appliances, virtual machines, and cloud-based Disaster Recovery as a Service (DRaaS). The company's solutions are marketed globally, emphasizing North America and expanding into regions with growing data protection needs.Quorum generates revenue through subscription-based models, allowing clients to access its disaster recovery and ransomware protection services. The subscriptions are tailored to meet various client needs, offering products like Quorum onQ or the Archive Vault. The company's client base primarily includes businesses and institutions focused on data security and recovery efficiency, integrating Quorum’s solutions into their existing IT infrastructures. Transaction sizes vary depending on the implemented solution's scale, and pricing structures adjust to the complexity and volume of managed data. Quorum's business model is anchored in providing reliable and scalable solutions.Following its most recent funding round on February 1, 2017, QuorumLabs, Inc. aims to utilize the raised USD 4.57 mn to enhance its product offerings and expand into new markets. The company plans to develop and launch new products designed to further solidify its presence in the data protection sector. Specific target markets for expansion include regions with increasing data security needs, and the company seeks to broaden its footprint within North America and beyond.

## Funding rounds

- Series C, Dec 23, 2013, $3.1M — Toba Capital, Airtek Capital Group
- Series B, Mar 5, 2013, $11M — Toba Capital, Airtek Capital Group

## Investors

- Toba Capital (https://capitalatlas.ai/funds/toba-capital) — Series B, Series C
- Airtek Capital Group (https://capitalatlas.ai/funds/airtek-capital-group) — Series B, Series C