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Carbonite

United States

Valuation

$889.2M

2021 Revenue

$296.4M

Customers

10K

Funding

$66.2M

Avg ACV

$29.6K

Team

434

Founded

2005

Carbonite Revenue, Valuation & Funding (2021)

Carbonite Inc is a provider of cloud and hybrid business continuity solutions. Its solutions include Carbonite Personal, which offers unlimited cloud backup for individuals, and Carbonite which offers cloud backup for small and midsize businesses, for an annual flat fee based on the amount of storage needed. Both solutions are packaged at three different service levels. The company derives revenues from subscription fees for its software-as-a-service offerings. A large majority of the firm's revenue is generated in the United States. The company continues to grow by making periodic small acquisitions.

Last updated

Carbonite Revenue

In 2021, Carbonite's revenue reached $296.4M. Since its launch in 2005, Carbonite has shown consistent revenue growth.

Carbonite Revenue GrowthReported revenue / ARR over time$0$75M$150M$225M$300M$375M200520072009201120132015201720192021$0$296.4MSource: GetLatka.com
YearMilestoneSource
2021Carbonite Hit $296.4m revenue in April 2021
2005Launched with $0 revenue

Carbonite Valuation, Funding Rounds

Carbonite's most recent disclosed valuation is $889.2M.

Carbonite has raised $66.2M in total funding across 6 rounds, with its most recent round in 2010.

Carbonite Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$15M$0.4$30M$0.6$45M$0.8$60M$1$75M200520062007200820092010Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2010Funding round$20M--
2008Funding round$20M--
2008Funding round$5.2M--
2007Funding round$15M--
2006Funding round$3.5M--
2006Funding round$2.5M--

Founder / CEO

Steve Munford

CEO

Steve Munford is listed as CEO at Carbonite.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

Carbonite serves 10K customers.

Carbonite Employees & Team Size

Carbonite employs approximately 434 people as of 2026, including 66 sales reps that carry a quota. It serves 10K customers that rely on its solutions.

Carbonite Team GrowthReported headcount over time010020030040050020052007200920112013201520172019202100434434Source: GetLatka.com
YearMilestoneSource
2021Reached 434 employees (April 2021)

Frequently Asked Questions about Carbonite

What is Carbonite's revenue?

Carbonite generates $296.4M in revenue.

Who founded Carbonite?

Carbonite was founded by Steve Munford.

Who is the CEO of Carbonite?

The CEO of Carbonite is Steve Munford.

How much funding does Carbonite have?

Carbonite raised $66.2M across 6 rounds.

How many employees does Carbonite have?

Carbonite has 434 employees.

Where is Carbonite headquarters?

Carbonite is headquartered in United States.

Compare Carbonite to the industry

Carbonite operates across multiple industries. Browse revenue, funding, and growth data for Carbonite in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Carbonite Revenue, Valuation & Funding History (2021)