# Soonr

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.soonr.com
- Total disclosed funding: $26M
- Latest round: Series A (Jun 10, 2010)
- Investors on record: 6

## About

Soonr Inc. provides innovative file backup and protection software solutions, focusing on data recovery across various platforms to support businesses in safeguarding critical information.Founded in 2005 and headquartered in San Jose, US, Soonr Inc. specializes in file backup solutions for businesses. The company was acquired by Autotask Corporation, a portfolio company of Vista Equity Partners, in July 2015. Founder Steven Boye has a background in technology entrepreneurship, having founded other ventures in the past. Soonr has raised USD 7.00 mn in its latest funding round, Series A, which included investments from Cisco Systems, Clearstone Venture Partners, HighBar Partners, Intel Capital, and Presidio. This round was also the total amount raised by the company, leading to a current valuation of USD 8.74 mn.Soonr Inc. offers File Backup Software, notably through its flagship Datto File Protection product. This solution efficiently safeguards and recovers data across client devices, addressing critical business needs against threats like human error, hardware failures, ransomware, and device loss. Datto File Protection features continuous backup with automated service delivery, allowing users to access and restore files independently. The service is designed for Managed Service Providers (MSPs) and small to medium-sized businesses (SMBs), ensuring comprehensive data protection across North America, Europe, and Asia-Pacific.Datto’s revenue model is primarily subscription-based, providing clients access to File Protection services through tailored pricing tiers. This Business-to-Business (B2B) framework allows MSPs and SMBs to subscribe to Datto’s product suite. The revenue model includes various packages, offering features for continuous file backup and automated recovery solutions that minimize operational overhead and foster long-term client relationships.Following the acquisition by Autotask Corporation in July 2015, Soonr aims to enhance its product offerings and expand its market reach. Future growth strategies include the launch of new products designed for improved data protection and recovery. Plans are underway to target additional markets in North America and Europe by 2023, utilizing recent funding to support the development and marketing of these initiatives.

## Funding rounds

- Series A, Jun 10, 2010, $7M — Clearstone Venture Partners, Intel Capital, Cisco Systems, Presidio, HighBar Partners
- Series C, Feb 18, 2009, $3M — Clearstone Venture Partners, Intel Capital, Sand Hill Capital, Cisco Systems
- Series B, Dec 12, 2007, $9.5M — Clearstone Venture Partners, Intel Capital, Cisco Systems
- Series A, Sep 20, 2006, $1.5M — Clearstone Venture Partners, Intel Capital
- Series A, Apr 20, 2006, $4.5M — Clearstone Venture Partners

## Investors

- Clearstone Venture Partners (https://capitalatlas.ai/funds/clearstone-venture-partners) — Series A, Series B, Series C
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B, Series C
- Cisco Systems — Series B, Series C, Series A
- Sand Hill Capital (https://capitalatlas.ai/funds/sand-hill-capital) — Series C
- Presidio (https://capitalatlas.ai/funds/presidio) — Series A
- HighBar Partners (https://capitalatlas.ai/funds/highbar-partners) — Series A