# Unitrends

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

- Industry: IT Security/Cybersecurity
- Headquarters: Burlington, US
- Website: www.unitrends.com
- Total disclosed funding: $17M
- Latest round: Series C (May 21, 2008)
- Investors on record: 5

## About

Unitrends, Inc. provides comprehensive backup and recovery solutions that cater to diverse business needs, focusing on data protection across various environments, including on-premises and cloud systems.Founded in 1989 and headquartered in Burlington, US, Unitrends, Inc. specializes in data protection solutions. In May 2018, the company was acquired by Kaseya Limited. The CEO is Kevin Weiss.Unitrends specializes in all-in-one backup and recovery solutions tailored to meet the diverse needs of businesses across various sectors. Their core offerings include integrated backup appliances, cloud storage, and disaster recovery services, designed to protect data irrespective of its location—be it on-premises, in the cloud, or across SaaS applications. The company serves a broad clientele, including small to mid-sized businesses, manufacturing firms, healthcare institutions, educational organizations, and managed service providers (MSPs). Unitrends' solutions are utilized in multiple geographical markets, including North America, Europe, and parts of Asia, providing scalable data protection against various threats such as ransomware, accidental deletions, and natural disasters. Notable features of their products include automated recovery assurance testing and an immutable cloud architecture, ensuring that client data is secure, recoverable, and compliant with industry standards.Unitrends generates revenue primarily through subscription-based models and direct sales of its data protection products. Clients typically engage with the company through B2B transactions, entering into contracts that grant access to their backup and recovery services, billed monthly or annually depending on the service package selected. The company offers tiered pricing plans for its services, catering to the varying needs of different customer segments. Flagship products such as the Unitrends Recovery Series and Unitrends Cloud Disaster-Recovery-as-a-Service are integral to their revenue structure, enabling organizations to manage their data resilience efficiently. The specific pricing for these solutions reflects their comprehensive capabilities and the value they provide in ensuring business continuity and data security for their diverse clientele.Unitrends plans to leverage recent funding to support the launch of new products and penetrate additional geographic markets. Specific new offerings are currently in development, with anticipated release dates to be announced. The company aims to expand its operations into European markets by 2023, enhancing its service reach. The funding received in May 2018 will be utilized for these initiatives, alongside bolstering their product development efforts.

## Funding rounds

- Series C, May 21, 2008, $9M — Aurora Funds, Paladin Capital Group, Harbert Management, Trelys Venture Partners
- Series B, Jan 18, 2005, $8.1M — Aurora Funds, Harbert Management, ECentury Capital Partners, Trelys Venture Partners

## Investors

- Aurora Funds (https://capitalatlas.ai/funds/aurora-funds) — Series B, Series C
- Harbert Management (https://capitalatlas.ai/funds/harbert-management) — Series B, Series C
- ECentury Capital Partners (https://capitalatlas.ai/funds/ecentury-capital-partners) — Series B
- Trelys Venture Partners (https://capitalatlas.ai/funds/trelys-venture-partners) — Series B, Series C
- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series C