Carbonite
Valuation
$889.2M
2021 Revenue
$296.4M
Customers
10K
Funding
$66.2M
Avg ACV
$29.6K
Team
434
Founded
2005
How Carbonite CEO Steve Munford grew Carbonite to $296.4M revenue and 10K customers 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. Since its launch in 2005, Carbonite has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2021 | Carbonite Hit $296.4m revenue in April 2021 |
| 2005 | Launched 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.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2010 | Funding round | $20M | - | - |
| 2008 | Funding round | $20M | - | - |
| 2008 | Funding round | $5.2M | - | - |
| 2007 | Funding round | $15M | - | - |
| 2006 | Funding round | $3.5M | - | - |
| 2006 | Funding round | $2.5M | - | - |
Carbonite Employees & Team Size
Carbonite employs approximately 434 people as of 2026.
Carbonite has 434 total employees in different roles and functions and 66 sales reps that carry a quota. They have 10K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 434 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Carbonite acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently 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.
How many employees does Carbonite have?
Carbonite has 434 employees.
Where is Carbonite headquarters?
Carbonite is headquartered in United States.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .