Tech Company Inital Public Offerings
Datto IPO
Datto, operating out of Norwalk, debuted as a public company on 10/21/2020.
Transaction Overview
Company Name
Announced On
10/21/2020
Transaction Type
IPO
Amount
$594,000,000
Proceeds Purpose
We expect to use [...] the net proceeds of this offering [...] to repay outstanding borrowings under our term loan facility (the "Term Loan Facility") and our $50.0 million revolving credit facility (the "Revolving Credit Facility" and together with the Term Loan Facility, the "Credit Facilities") and the remainder of such net proceeds will be used for general corporate purposes.
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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