Datto Obtains $75,000,000 Series B Financing

  • Feed Type
  • Date
    11/17/2015
  • Company Name
    Datto
  • Mailing Address
    101 Merritt 7 7th Floor Norwalk, CT 06851 USA
  • Company Description
    Founded in 2007, Datto is changing how companies protect their information. Datto systems are scalable and offer a full spectrum of solutions that can satisfy both the small business owner and large enterprise businesses. Datto’s innovation has allowed the company to provide industry-leading solutions.
  • Website
    http://www.dattobackup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $75,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company will use the proceeds from the investment round to continue to invest in its global expansion and to accelerate product innovation to support its thousands of partners worldwide.
  • M&A Terms
  • Venture Investor
    Technology Crossover Ventures
  • Venture Investor
    Undisclosed

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