Carbonite, a Boston online backup service company for users of Mac and Windows, came up with an additional funding worth $20 million. San Francisco’s Crosslink Capital joined the company’s previous investors in the round of funding that came after the online backup service provider successfully raised a total of $47 million worth of funding, including a 2008 Series C round of funding that saw the participation of big companies like the 3i Group, Menlo Ventures, CommonAngels and Performance Equity. Founded in 2005 by David Friend, who is also the company CEO, and Jeff Flowers, Carbonite has been recognized for its excellent service. It has received recognition as PC Pro’s “Labs Winner,” Lifehacker’s “Best Windows Backup Tool,” and was the recipient of NextAdvisor’s “Editor’s Choice.”
It is also recognized as being the pioneer online backup company that offered fixed price unlimited backup space. Carbonite provides online backup by installing a small software program on computers. This software’s main aim is to look for files—either new ones or those that have been changed—to backup. It encrypts files two times before creating a secure backup. The encrypted files are stored in the company’s highly secure data center so that nobody else can see them except the file owner.
Carbonite only works when your computer is idle, so it does not interrupt your work and does not affect your Internet connection. Named after the substance that froze Han Solo in the movie Star Wars: The Empire Strikes Back, Carbonite has provided backup service for over 25 billion files and helped restore lost files totaling to over 2 billion. In fact, Carbonite has agreements with internationally renowned companies like Packard Bell, Acer and Lenovo for pre-installed online backup service on selected PCs. Last 2009, the company introduced to the public a Mac version of their service that can be used for Intel-based Macs attached to the 10.4 and 10.5 OS.