Tech Company Financing Transactions
Datto Funding Round
Datto, based in Norwalk, secured $25 million from General Catalyst Partners and private investors.
Transaction Overview
Company Name
Announced On
9/5/2013
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
General Catalyst Partners (Lead Investor) (Steve Herrod)
Proceeds Purpose
Datto said it would use the proceeds for international expansion, new product development and enhanced services for existing customers.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
101 Merritt 7
Norwalk, CT 06851
USA
Norwalk, CT 06851
USA
Phone
Website
Email Address
Not Recorded
Overview
Datto Holding (NYSE: MSP). (With its Total Data Protection Platform business data is protected everywhere it resides, whether on premise, in virtualized environments, in the cloud, and software-as-a-service (SaaS) applications including Salesforce, Google Apps, and more. Datto stores over 100 petabytes of cloud data worldwide for businesses ranging from Fortune 500 enterprises to small businesses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Austin McChord
Chief Financial Officer
Michelle McComb
VP - Bus. Development
Rob Rae
VP - Operations
Najaf Raza
VP - Operations
Josh Tamarkin
VP - R & D
Thomas Hughes
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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