Carbonite Stores Up $20M More

[Updated 5:00 p.m. 1/7/10 with information about the investors in the round] Boston-based Carbonite, which shares the market for online PC backup services with EMC’s Mozy, has raised an additional $20 million round of funding, according to a regulatory filing today. New investor Crosslink Capital of San Francisco led the round, and all of the company’s prior investors also participated, says David Friend, Carbonite’s founder and CEO. “This is a mezzanine round which we anticipate will accelerate our growth going into an IPO a year or so out,” Friend tells Xconomy. The company has previously raised about $47 million, including, most recently, a $20 million Series C round in September 2008 that included Menlo Ventures, 3i Group, Performance Equity, and CommonAngels.

Author: Wade Roush

Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco. Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.) I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia. I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats. My personal site: waderoush.com My social media coordinates: Twitter: @wroush Facebook: facebook.com/wade.roush LinkedIn: linkedin.com/in/waderoush Google+ : google.com/+WadeRoush YouTube: youtube.com/wroush1967 Flickr: flickr.com/photos/wroush/ Pinterest: pinterest.com/waderoush/