Datto
Date | Investors | Amount | Round |
---|---|---|---|
$25.0m | Series A | ||
* | N/A | - | |
$75.0m Valuation: $1.0b | Series B | ||
N/A | Acquisition | ||
* | $6.2b Valuation: $6.2b | Acquisition | |
Total Funding | €90.9m |
Recent News about Datto
EditDatto is a leading provider of business continuity and disaster recovery solutions tailored for Managed Service Providers (MSPs). The company operates in the IT services market, offering a range of products designed to protect critical data and applications, whether they reside on local servers, end-user computers, or in SaaS applications. Datto's core offerings include SIRIS, ALTO, and Cloud Continuity for PCs, which provide reliable, image-based backup and quick restoration capabilities. Additionally, Datto offers networking solutions such as switches, routers, and WiFi devices, as well as business management tools like Autotask PSA and RMM. The company generates revenue through a subscription-based model, where MSPs pay for access to Datto's suite of products and services. Datto's clients primarily consist of small to medium-sized businesses (SMBs) that rely on MSPs to manage their IT infrastructure and ensure business continuity. By partnering with Datto, MSPs can offer their clients robust data protection and minimize downtime, thereby enhancing their service offerings and revenue potential.
Keywords: business continuity, disaster recovery, MSPs, data protection, SIRIS, ALTO, Cloud Continuity, Autotask PSA, RMM, networking solutions.