New England’s tech and life sciences companies hit the ground running in the new year, inking a host of deals this week. —Data storage giant EMC of Hopkinton, MA, made a bold move into the market for governance, risk management, and compliance (GRC) with the acquisition of Overland Park, KS-based Archer Technologies. Archer will become … Continue reading “Quattro Scooped Up By Apple, Medtronic Invests in GI Dynamics, EMC Acquires Archer, & More Boston-Area Deals News”
Tag: carbonite
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 … Continue reading “Carbonite Stores Up $20M More”
Carbonite Lands $20,000,000 New Financing Round
Feed Type Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a72663d-97b8-4e6e-9316-13d9ba6189e4&Preview=1 Date 1/7/2010 Company Name Carbonite Mailing Address 177 Huntington Avenue Boston, MA 02115 Company Description Carbonite sells secure Internet-based backup for personal computer and laptop owners. Website http://www.carbonite.com Transaction Type Venture Equity Transaction Amount $20,000,000 Transaction Round Undisclosed Proceeds Purposes This is a mezzanine round which we anticipate will accelerate our … Continue reading “Carbonite Lands $20,000,000 New Financing Round”
Free Carbonite Trial for Java Users
Boston-based online computer backup provider Carbonite announced an agreement yesterday with Sun Microsystems that could broaden the startup’s user base. Computer users who download Sun’s Java runtime environment for the first time, or who upgrade to the newest version of Java, will be offered a 30-day free trial of the Carbonite service. “This program will … Continue reading “Free Carbonite Trial for Java Users”
Few Carbonite Customers Lost Data in Drive Failure, CEO Says
Saturday’s Boston Globe contained news of a lawsuit filed by Boston-based online backup company Carbonite against two companies that supplied allegedly defective disk drive arrays. Carbonite CEO David Friend confirmed today that that a suit has been filed, but he says he’s concerned that the Globe story—which has been widely re-reported in outlets such as … Continue reading “Few Carbonite Customers Lost Data in Drive Failure, CEO Says”
Carbonite Adds Features, Ups Price
Boston-based online storage provider Carbonite said yesterday it plans to increase the cost of its service from $49.95 per year to $54.95, effective March 16. But customers will get added features for the extra money—notably the ability to access the files they’ve back up from any compute via a Web browser. “Remote access is a … Continue reading “Carbonite Adds Features, Ups Price”
Carbonite CEO Apologizes for Planted Amazon Reviews, But Bristles at Critics
Boston-based Carbonite, whose online backup service is the main competitor for Decho’s Mozy, has gotten some good publicity over the last few months for its tongue-in-cheek promotions on Jimmy Kimmel Live and other TV and radio programs. But the company is taking a public relations hit this week over a recently uncovered case of reviews … Continue reading “Carbonite CEO Apologizes for Planted Amazon Reviews, But Bristles at Critics”
New England’s Top Third-Quarter Venture Deals—the List
In contrast to the big drops in Xconomy’s sister regions of the Pacific Northwest and Southern California, venture deals in New England seemed to hold up pretty well in the third quarter. All told, as Greg reported Saturday, the region’s venture capitalists ponied up some $834 million for 117 deals during the period. That was … Continue reading “New England’s Top Third-Quarter Venture Deals—the List”
Mozy Launches Business Version of Mac Backup Service
Back in May I wrote about the release of MozyHome for Mac, an Apple-compatible version of the Mozy online backup service that Berkeley Data Systems launched for Windows users in 2006. Between them, Mozy (which became part of Hopkinton, MA-based EMC last fall) and Boston-based Carbonite dominate the market for online backup—but for the moment, … Continue reading “Mozy Launches Business Version of Mac Backup Service”
IRobot Nabs Nekton Research, Carbonite Comes Up with $20M, Parametric Ponders $2 Billion, & More Deals News
It was a light week for dealmaking among New England tech and life sciences firms, but if Parametric finds a buyer that one could be a doozy. —Bedford, MA-based iRobot (NASDAQ: [[ticker:IRBT]]) inked an agreement to acquire Raleigh-Durham, NC-based Nekton Research—a maker of unmanned underwater robots—for $10 million up front and a potential $5 million … Continue reading “IRobot Nabs Nekton Research, Carbonite Comes Up with $20M, Parametric Ponders $2 Billion, & More Deals News”
Carbonite Puts Its Online Backup Software on Lenovo Computers, Raises $20 Million
Automatic Internet-based backup services—the first form of “cloud computing” to hit the mainstream market—have been making news lately. Last Wednesday, the Mozy division of Hopkinton, MA-based EMC (NYSE: [[ticker:EMC]]) announced that its software will power an online backup service available to buyers of Thinkpad SL notebook computers, the newest line of business laptops from Lenovo. … Continue reading “Carbonite Puts Its Online Backup Software on Lenovo Computers, Raises $20 Million”
Carbonite CEO Feeling Rosy about EMC Reportedly Buying Mozy
David Friend, CEO of Boston-based online backup company Carbonite, says the rumored acquisition of rival Mozy by Hopkinton storage giant EMC (NYSE: EMC) is great news for his company, too. Both companies launched in 2005 with bankrolls of around $2 million. Both provide software that automatically encrypts and copies the information on users’ hard drives … Continue reading “Carbonite CEO Feeling Rosy about EMC Reportedly Buying Mozy”