Datto - About the company
Datto is an acquired company based in Norwalk (United States), founded in 2007 by Austin McChord. It operates as a Cloud based platform offering continuity management software. Datto has raised $100M in funding from General Catalyst. The company has 35 active competitors, including 7 funded and 9 that have exited. Its top competitors include companies like Druva, SuperOps and Atera.
Sectors and market segments that Datto operate in
Datto serves in the B2B, SaaS space.Company Details
Cloud based platform offering continuity management software. The platform provides products namely cloud continuity for PCs, SaaS protection management, file security management, and workplace management. It also provides storage systems that are network-attached allowing users to transfer backed-up data to the low-cost cloud.
- Website
- Social
- Email ID
- @datto.com
- Phone Number
- +1
Key Metrics
Founded Year
2007
Location
Norwalk, United States
Stage
Acquired
Total Funding
in 3 rounds
Latest Funding Round
Investors
Ranked
1st among
Annual Revenue
as on Dec 31, 2021
Investment & Acquisitions
Infocyte &
Similar Companies
Druva &
Exit Details
Acquired by Kaseya (Apr 11, 2022)
Legal entities associated with Datto
Datto is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 29614547 Denmark, Active | Jun 11, 2006 | - | 25 (as on Apr 30, 2024) | - |
CIN: 1724570 United States, Deadpooled | $619M (as on Dec 31, 2021) | - | - |
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Datto's acquisition details
Datto got acquired by Kaseya on Apr 11, 2022 at an acquisition amount of $6.2B. It was facilitated by Evercore, Kirkland & Ellis, Willkie Farr & Gallagher and .
Click to take a look at Datto's acquisition in detail
Datto's funding and investors
Datto has raised a total funding of $100M over 3 rounds. Its latest funding round was a Series B round on Nov 17, 2015 for $75M. 1 investor participated in its latest round, which include SLR Investment Corp, HTIF, TCV and Golub Growth.
Datto has 7 institutional investors including General Catalyst, SLR Investment Corp and .
Here is the list of recent funding rounds of Datto:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Nov 17, 2015 | $75M | Series B | - | - | |
Sep 03, 2013 | $25M | Series A | - | - |
View details of Datto's funding rounds and investors
Datto's founders and board of directors
The founders of Datto is Austin McChord.
Here are the details of Datto's key team members:
- Austin McChord: Founder & CEO of Datto and founder of 1 other company. They are also an angel investor in 1 startup.
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Datto's Competitors and alternates
Top competitors of Datto include Druva, SuperOps and Atera. Here is the list of Top 10 competitors of Datto, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | Datto 2007, Norwalk (United States), Acquired | Cloud based platform offering continuity management software | $100M | SLR Investment Corp, HTIFÌý&²¹³¾±è;Ìý | 73/100 |
2nd | ![]() Druva 2008, Santa Clara (United States), Series H | Cloud based data security solutions | $475M | Hercules Capital, Founders Circle CapitalÌý&²¹³¾±è;Ìý | 66/100 |
3rd | ![]() SuperOps 2020, Claymont (United States), Series C | AI powered PSA and RMM platform for MSPs | $54.4M | Elevation Capital, March CapitalÌý&²¹³¾±è;Ìý | 62/100 |
4th | Atera 2011, New York City (United States), Series B | Cloud-based remote monitoring for MSPs | $102M | 57/100 | |
5th | Cloud-to-cloud SaaS data backup solution provider | $80.6M | SVB, VaekstfondenÌý&²¹³¾±è;Ìý | 54/100 | |
6th | StorageCraft 2003, Draper (United States), Acquired | Backup solutions for Enterprise, OEM and small businesses | - | 49/100 | |
7th | Backupify 2008, Norwalk (United States), Acquired | Platform offering cloud backup solutions | $19.4M | Avalon Ventures, First Round CapitalÌý&²¹³¾±è;Ìý | 48/100 |
8th | Cloud based MSP management software provider | $10.3M | Gula Tech Adventures, StoneMill VenturesÌý&²¹³¾±è;Ìý | 43/100 | |
9th | ![]() SyncroMSP 2017, Kirkland (United States), Funding Raised | Provider of PSA, RMM, and remote access for MSPs | - | 38/100 | |
10th | Hatz 2023, New York City (United States), Series A | Developer of AI-as-a-Service business for managed service providers | $5.27M | Vestigo VenturesÌý&²¹³¾±è;Ìý | 38/100 |
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Datto's Investments and acquisitions
Datto has not made any investments yet. Datto has made 7 acquisitions. Here is the list of latest three $acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Jan 20, 2022 | Acquisition | 2014 | San Antonio, United States | |
Mar 10, 2021 | Acquisition | 2015 | Netanya, | |
Jul 16, 2020 | Acquisition | 2006 | Scoresby, |
See all acquisitions by Datto
Reports related to Datto
Here is the latest report on Datto's sector:
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News related to Datto
Media has covered Datto for 1 event in last 1 year, It was about people movement.
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Global Legal Chronicle•Feb 28, 2023•, Datto
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publicnewstime.com•Feb 02, 2023•Datto
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Business Wire•Jan 24, 2023•Datto
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