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PublicNASDAQ:CARB
Raised
Post IPO Valuation

General Information

Offices

People

CTO
Vice President & General Counsel
SVP, Sales & Marketing
SVP, Customer Services
Board Member
Board
Board of Directors
Board Member
Show All People

Acquisitions

Total$2M
ZManda, 10/2012
Phanfare, 6/2011 $2M

Funding

TOTAL $67.2M
FUNDING TOTAL $67.2M
Series A, 3/2006
3i Group
CommonAngels
Keiretsu Forum
$2.5M
Series A, 12/2006
3i Group
CommonAngels
$3.5M
Series B, 5/2007
Menlo Ventures
3i Group
CommonAngels
$15M
Series B, 12/2007
$5M
Series C, 9/2008
3i Group
Performance Equity Management
Menlo Ventures
CommonAngels
Translink Capital
$21.2M
Series D, 1/2010
$20M

Competitors

Service Providers

Public Relations

Tags

Carbonite

Carbonite was originally focused on photo storage, but in May of 2006 changed paths. They now offer a very competitive internet based backup solution. For $59/year Carbonite will backup all the data on your computer as long as it’s connected to the internet. The service has no upload limits and Carbonite can surely handle all of your data with a datacenter that can hold 1.5 petabytes (1.5 Petabytes = 1,572,864 Gigabytes) of data.

In the last year nearly 100 million digital photos, documents, emails and other files that otherwise would have been lost forever, have been recovered using Carbonite.

Carbonite claims that “statistically, you have about a 1 in 12 chance of having your hard drive crash in any given year, about a 1 in 10 chance of having your laptop stolen, and about a 1 in 3 chance of serious data loss through your own errors.” Regularly backing up your hard drive is one thing that way too many people don’t do and Carbonite provides an easy solution.

In addition to being able to signup through their website, they offer a boxed product available at Staples, CompUSA, Amazon and other stores. Also, Carbonite signed an agreement with Microsoft to include a year of free online backup with Microsoft Money 2007 and is included as part of a software kit named OrganizeMY Electronic Filing Cabinet For Dummies. Carbonite recently launched both remote access features and a Mac client in March 2009.

Carbonite competes with Mozy, AllMyData, crashplan and others.

Recent Milestones

  • Handshake
    Carbonite acquired ZManda. (10/18/12)
    Posted 10/18/12 at 9:22pm via prnewswire.com
  • Check
    Carbonite — Carbonite, Inc. Announces Closing of Initial Public Offering and Exercise of Underwriters' Option to Purchase Additional Shares (8/16/11)
    Posted 8/16/11 at 7:46pm via freshnews.com
  • Handshake
    Carbonite acquired Phanfare for $2M. (6/15/11)
    Posted 6/15/11 at 7:49pm via dowjones.com
  • Check
    Carbonite — opening a new customer support center in Lewiston, Maine (5/24/11)
    Posted 5/25/11 at 2:32am via masshightech.com
  • Check
    Carbonite — filed with the SEC to raise up to $100 million in an IPO. (5/11/11)
    Posted 8/8/11 at 11:42am via renaissancecapital.com
  • Check
    Carbonite added Matt Drayer as Manager / Core Services / Cloud Applications and Services. (4/11/11)
    Posted 9/9/12 at 5:12pm
  • Check
    Carbonite — going after the small and midsize business (SMB) segment, announcing the hire of executives and managers from Intuit, NameMedia and PlumChoice who will head up a newly separate business division (1/10/11)
    Posted 1/11/11 at 3:31am via masshightech.com
  • Check
    Carbonite added Judy Keeley as Senior User Experience Designer. (1/1/11)
    Posted 6/7/13 at 5:34pm
  • Check
    Carbonite — Carbonite named in the Lead411's Hottest Boston Companies list (6/2/10)
    Posted 6/8/10 at 10:58am via lead411.com
  • Dollar
    Carbonite received $20M in Series D funding. (1/7/10)
    Posted 1/7/10 at 3:52pm via sec.gov
  • Dollar
    Carbonite received $21.2M in Series C funding. (9/8/08)
    Posted 3/23/09 at 3:16pm via masshightech.com
  • Dollar
    Carbonite received $5M in Series B funding. (12/28/07)
    Posted 2/24/08 at 11:32pm via bizjournals.com
  • Dollar
    Carbonite received $15M in Series B funding. (5/1/07)
    Posted 7/17/07 at 8:55pm via venturebeat.com
  • Dollar
    Carbonite received $3.5M in Series A funding. (12/1/06)
    Posted 7/17/07 at 8:51pm via bizjournals.com
  • Dollar
    Carbonite received $2.5M in Series A funding. (3/1/06)
    Posted 7/17/07 at 8:45pm via 3i.com
  • Check
    Carbonite added Jess Petersen as User Experience Director. (1/1/06)
    Posted 6/7/13 at 4:02am

Videos

Screenshots

Carbonite screenshot
Above: Home Page
Uploaded: 1/8/10

Products

Carbonite

Websitecarbonite.com
StageLive
Launch DateJuly 18, 2007
Tags backup, carbonite, file-storage

Carbonite’s backup solution works by placing colored dots on your files and folders. Different colors represent if the file has been backed up, will be backed up or will not be backed up. Once Carbonite is setup, it requires little ongoing work on behalf of the user.

The Carbonite client is always looking for new data on your PC. When you add or modify files, Carbonite starts backing them up immediately. It backs up about 2GB per day over broadband. Backups automatically slow down while you’re using your computer and speed up again when your computer is idle. Your data is encrypted using the same techniques that most banks and e-payment sites use and then stored on Carbonite’s secure servers.

If you ever do run into a problem and need to restore your data, you can download your files at up to 15GB per day over broadband. Overall Carbonite offers a good backup solution that isn’t tedious, time consuming or too expensive.

Carbonite screenshot
Above: Carbonite Screenshot -- #1
Uploaded: 2/5/08

Stock Price

Traffic Analytics

Quantcast

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Compete

Carbonite

Sources

  1. Carbonite to Acquire Zmanda (prnewswire.com) [edit]
  2. IPO Applicant Carbonite Pays $2M For Photo Service (fis.dowjones.com) [edit]
  3. 3i.com [edit]
  4. boston.bizjournals.com [edit]
  5. Carbonite, online backup company, raises $15M (venturebeat.com) [edit]
  6. Mass High Tech (bizjournals.com) [edit]
  7. Mass High Tech (masshightech.com) [edit]
  8. SEC D (sec.gov) [edit]
  9. Lead411's Hottest Boston Companies list (lead411.com) [edit]
    IPO-bound Carbonite targets SMB with hires (masshightech.com) [edit]
    Carbonite plans new Maine customer support center (masshightech.com) [edit]
    Carbonite files for a $100 million IPO (renaissancecapital.com) [edit]
    Carbonite, Inc. Announces Closing of Initial Public Offering and Exercise of Underwriters' Option to Purchase Additional Shares (freshnews.com) [edit]
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Last Edited 4/2/14

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