Datto

  • Datto Scores $75 Million As It Seeks To Expand Beyond Disaster Recovery

    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 was led by Technology Crossover Ventures (TCV) and brings the total investment across two rounds for the eight-year old company to just over $100 million. Ted Coons, a general partner at TCV said… Read More

  • Datto Snags Cloud Service Backupify

    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 portfolio. Terms were not available, but Backupify co-founder and CEO Rob May told TechCrunch that his investors were more than satisfied. “It was a lot more than we raised,” he… Read More