Carbonite
United States
2021 Revenue
$296.4M
Customers
10K
Funding
$66.2M
Avg ACV
$29.6K
Team
434
Founded
2005
Carbonite Revenue & Funding (2021)
Carbonite generated $296.4M in revenue in 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.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Carbonite Hit $296.4m revenue in April 2021 | Not recorded |
| 2005 | Launched with $0 revenue |
Carbonite Valuation, Funding Rounds
Carbonite has not publicly disclosed its valuation. The company has raised $66.2M in total funding to date.
Carbonite has raised $66.2M in total funding across 6 rounds, with its most recent round in 2010.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2010 | Funding round | $20M | - | - | Not recorded |
| 2008 | Funding round | $20M | - | - | Not recorded |
| 2008 | Funding round | $5.2M | - | - | Not recorded |
| 2007 | Funding round | $15M | - | - | Not recorded |
| 2006 | Funding round | $3.5M | - | - | Not recorded |
| 2006 | Funding round | $2.5M | - | - | Not recorded |
Founder / CEO
Steve Munford
CEO
Steve Munford has nearly two decades of executive leadership experience in the technology industry and currently serves as CEO of Trulioo Software, a leader in digital identity. Previously Steve held leadership and board positions with a number of public and private software companies in North America and Europe. Steve holds a BA in Economics from The University of Western Ontario and an MBA from Queen’s University.
Q&A
| Question | Answer |
|---|---|
| What's your age? | 58 |
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.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 434 employees (April 2021) | Not recorded |
Frequently Asked Questions about Carbonite
Who owns Carbonite?
Carbonite is owned by OpenText Corporation, which acquired it.
What is Carbonite's revenue?
As of 2021, Carbonite generated $296.4M in revenue.
Who founded Carbonite?
Carbonite was founded by Steve Munford.
When was Carbonite founded?
Carbonite was founded in 2005.
How much funding does Carbonite have?
Carbonite raised $66.2M across 6 rounds.
How many employees does Carbonite have?
As of 2021, Carbonite had 434 employees.
Where is Carbonite headquartered?
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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