Tech Company Financing Transactions
Carbonite Funding Round
Crosslink Capital, 3i Venture Capital and Commission Junction participated in a $20 million funding round for Carbonite. The round closed on 1/7/2010.
Transaction Overview
Company Name
Announced On
1/7/2010
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This is a mezzanine round which we anticipate will accelerate our growth going into an IPO a year or so out, Friend tells Xconomy.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
2 Ave. de Lafayette
Boston, MA 02111
USA
Boston, MA 02111
USA
Phone
Website
Email Address
Overview
Carbonite's cloud and hybrid backup and recovery plans offer secure, nonstop data protection designed to back up small & midsize businesses and home computers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Munford
Chief Financial Officer
Anthony Folger
Chief Operating Officer
John Post
Chief Technical Officer
Hal Lonas
VP - Product Management
Chad Bacher
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We do our best to report on all VC transactions involving tech companies. VC transactions reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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