Daily Crunch: FDA clears Fitbit algorithm that passively scans for signs of AFib
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Kaseya acquiring disaster recovery service Datto for $6.2B with help from consortium of investors
Datto, the disaster recovery service, has had an interesting history. It raised a cool $100 million as a startup, including a $75 million investment in 2015, a significant round for that period. Vista
Why you have to pay attention to the Indian startup scene
Welcome back to The TechCrunch Exchange. Data shows that India’s venture capital scene has grown sharply in recent years. Let's dig in.
Datto trades modestly higher after pricing IPO at top of range
After pricing at $27 per share, Datto’s stock rose during regular trading. By mid-afternoon the data and security software company was worth $28.10 per share, up a hair over 4%. The company̵
Lessons from Datto’s IPO pricing and revenue multiple
Last night Datto priced its IPO at $27 per share, the top end of its range that TechCrunch covered last week. The data and security-focused software company had targeted a $24 to $27 per-share IPO pri
Datto sets initial IPO price range, indicating a valuation of around $4B
It was just a few weeks ago that Datto, what TechCrunch called a “backup and disaster recovery firm,” filed to go public. This week the firm set an initial range for its debut. The Vista E
Digging into the next wave of tech IPOs
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment. Let’s talk money, startups and spicy IPO rumors.
Vista-owned backup and recovery company Datto files to go public
When Vista Equity Partners acquired backup and disaster recovery firm Datto in 2017, it was easy to think that was the end of the company’s story. It would be comfortably absorbed into the priva
Datto Scores $75 Million As It Seeks To Expand Beyond Disaster Recovery
Datto, the company that acts as a backup and disaster recovery service for small to medium sized businesses (SMBs), announced today that it has raised $75 million in a Series B investment. The round w
Datto Snags Cloud Service Backupify
Datto, a backup and disaster recovery service from Norwalk, Connecticut, purchased cloud to cloud backup service Backupify today. It was a move designed to give Datto a more complete product portfol