Online Backup News

Friday, January 20, 2012

Sonian buys archiving biz from partner Webroot
Needham email archiving service provider Sonian Inc. has acquired the email archiving business of its partner, Colorado’s Webroot Software, for an undisclosed amount.

Monday, August 22, 2011

TwinStrata digs up $5.7M in new funding round
TwinStrata Inc., a Natick cloud storage and backup company, has taken in $5.7 million of a planned $8.7 million funding round, documents filed with the SEC show.

Thursday, August 11, 2011

Carbonite collects $62M in IPO, off early goals
Online backup company Carbonite Inc. held a weaker than planned initial public offering yesterday, raising $62.5 million - well below the initial goal of as much as $122 million when the IPO was announced in May.

Wednesday, August 10, 2011

Report: Carbonite expected to price IPO today
Carbonite Inc. is expected to price its initial public offering today, according to a report, despite the major volatility in the stock market in recent days.

Friday, July 29, 2011

Carbonite estimates IPO at up to $17 per share
Carbonite Inc. announced estimated pricing of its planned initial public offering in a filing with the SEC yesterday, aiming for $17 per common share and potentially bringing proceeds of approximately $107 million to the Boston online computer backup company.

Monday, May 16, 2011

Iron Mountain sells bulk of digital biz for $380M
Less than a month after it announced plans to sell off its digital operations Iron Mountain Inc. has found a buyer for the bulk of those products in UK firm Autonomy Corp. plc which will pay Iron Mountain $380 million.

Thursday, May 12, 2011

Carbonite makes IPO plans official
Boston online computer backup company Carbonite Inc. has filed for an initial public offering, that was initially listed as being valued at $100 million.

Monday, February 14, 2011

TwinStrata taps $750,000 of $1.95M debt round
Cloud storage and backup company TwinStrata Inc. has taken in $750,000 of a planned $1.95 million debt and equity options round, according to documents filed with the U.S. Securities and Exchange Commission.

Tuesday, March 16, 2010

Ky. software startup Backupify moving to Boston
Back up the moving truck right here: Louisville, Ky. software startup Backupify Inc. has raised $1.1 million and is coming to Boston. The 2-year-old startup has developed software designed to back up data stored in cloud-based services like Google Inc.’s Gmail, or the photo sharing service Flickr.

Tuesday, July 28, 2009

Polaris helps pump $6M into Egnyte
Waltham-based venture capital firm Polaris Venture Partners has jumped on board as a new investor in a $6 million funding in California company Egnyte Inc., a provider of on-demand file server products.

Thursday, February 5, 2009

Internap opens new data center, lands Carbonite as client
Data center and Internet hosting company Internap Network Services Corp. opened its second facility in the Boston area today, increasing its available hosting space locally and landing online backup company Carbonite Inc. as its anchor tenant.

Friday, January 16, 2009

Sigma helps fund $10M round for Calif. backup firm
Venture capital firm Sigma Partners of Boston has participated in a $10 million Series AA financing round for Sharpcast Inc., a San Mateo, California-based online data services provider.

Monday, September 8, 2008

Carbonite’s new round tops off at $20M
Online backup provider Carbonite Inc. reports closing a $20 million Series C round of financing. The round of funding, which was reported by MHT last week, was led by Performance Equity of Stamford, Conn.