Carbonite, Inc.
Carbonite, Inc. is a company.
Financial History
Leadership Team
Key people at Carbonite, Inc..
Carbonite, Inc. is a company.
Key people at Carbonite, Inc..
Carbonite, Inc. is a cybersecurity software company specializing in cloud-based backup, disaster recovery, high availability, and workload migration solutions. It serves individuals, small to midsize businesses, managed service providers, and enterprises, protecting data from threats like accidental deletions, crashes, ransomware, viruses, and hardware failures through products such as Carbonite Safe (for endpoints), Carbonite Server (for physical/virtual systems), Carbonite Availability (for system uptime), Carbonite Recover (for replication), Carbonite Migrate (for workload transfers), and Carbonite Email Archiving.[2][6] Originally pioneering unlimited backup space for a fixed price, Carbonite solved the problem of data loss from device failures by offering simple, affordable, always-on protection, evolving from consumer-focused photo backup to enterprise-grade cyber-resilient tools accessible via distributors and resellers.[1][2][3] Acquired by OpenText in December 2019, it now integrates into OpenText's Cybersecurity portfolio alongside Webroot and MailStore, enhancing data security and management for diverse users.[2][6]
Carbonite was founded in 2005 in Boston, Massachusetts, by serial entrepreneurs David Friend (CEO) and Jeff Flowers (CTO), marking their fifth joint venture after co-founding Computer Pictures, Pilot Software, FaxNet, and Sonexis.[1][4] The idea crystallized around 2007 when Friend's daughter lost a term paper due to laptop failure, highlighting a widespread issue for students and professionals that demanded simpler data protection than gigabyte-priced services.[3] Early traction came in 2006 with a Staples partnership offering free six-month subscriptions for camera purchases and a Microsoft tie-up bundling it with Money 2007/2008 software; by launch, it had backed up over 100 billion files and restored 7 billion lost ones.[1] Key moments included its 2011 IPO raising $62.5 million, the acquisition of Phanfare (despite membership controversies), and overcoming 2009 backup losses from hardware issues, with persistent net losses like $18.9 million in 2012 amid expansion.[1]
Carbonite rode the early 2000s wave of cloud computing and rising data loss risks from mobile devices, perfectly timed as laptops and digital files proliferated without reliable backups. Its unlimited model disrupted a fragmented market, influencing online backup standards and enabling small businesses to adopt cyber-resilient tools amid surging ransomware and cyber threats.[1][3] Market forces like increasing remote work, regulatory demands (e.g., HIPAA), and cloud migration favored its scalable, hybrid solutions, positioning it as a bridge from consumer to enterprise security. Post-2019 OpenText acquisition, it bolsters the ecosystem by integrating with broader portfolios, enhancing cybersecurity for MSPs and enhancing data management in a zero-trust era.[2][6]
Carbonite's trajectory from a term-paper tragedy to OpenText subsidiary underscores adaptive, customer-led innovation in cybersecurity. Next steps likely involve deeper OpenText synergies, expanding AI-driven threat detection and zero-downtime migrations amid escalating cyber risks and hybrid cloud adoption. Trends like ransomware proliferation and edge computing will propel demand for its resilient backups, potentially evolving its influence through portfolio expansions that democratize enterprise-grade protection for SMBs. This positions Carbonite—as pioneered by Friend and Flowers—at the forefront of information advantage in an insecure digital world.[3][6]
Key people at Carbonite, Inc..