Tech Company Financing Transactions

Datto Funding Round

Datto, based in Norwalk, secured $25 million from General Catalyst Partners and private investors.

Transaction Overview

Company Name
Announced On
9/5/2013
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors

General Catalyst Partners (Lead Investor) (Steve Herrod)

Proceeds Purpose
Datto said it would use the proceeds for international expansion, new product development and enhanced services for existing customers.

Company Information

Company Status
Acquired or Merged
Industry
Storage
Mailing Address
101 Merritt 7
Norwalk, CT 06851
USA
Email Address
Not Recorded
Overview
Datto Holding (NYSE: MSP). (With its Total Data Protection Platform business data is protected everywhere it resides, whether on premise, in virtualized environments, in the cloud, and software-as-a-service (SaaS) applications including Salesforce, Google Apps, and more. Datto stores over 100 petabytes of cloud data worldwide for businesses ranging from Fortune 500 enterprises to small businesses.
Profile
Datto LinkedIn Company Profile
Social Media
Datto Company Twitter Account
Company News
Datto News
Facebook
Datto on Facebook
YouTube
Datto on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Austin McChord
  Austin McChord LinkedIn Profile  Austin McChord Twitter Account  Austin McChord News  Austin McChord on Facebook
Chief Financial Officer
Michelle McComb
  Michelle McComb LinkedIn Profile  Michelle McComb Twitter Account  Michelle McComb News  Michelle McComb on Facebook
VP - Bus. Development
Rob Rae
  Rob Rae LinkedIn Profile  Rob Rae Twitter Account  Rob Rae News  Rob Rae on Facebook
VP - Operations
Najaf Raza
  Najaf Raza LinkedIn Profile  Najaf Raza Twitter Account  Najaf Raza News  Najaf Raza on Facebook
VP - Operations
Josh Tamarkin
  Josh Tamarkin LinkedIn Profile  Josh Tamarkin Twitter Account  Josh Tamarkin News  Josh Tamarkin on Facebook
VP - R & D
Thomas Hughes
  Thomas Hughes LinkedIn Profile  Thomas Hughes Twitter Account  Thomas Hughes News  Thomas Hughes on Facebook


 

 

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Prev: 9/4/2013: Active Implants venture capital transaction
Next: 9/5/2013: Zuora venture capital transaction

 

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Where The Data Comes From

We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


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