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Livevault Corporation develops and markets real-time data distribution and continuous data protection solutions. The company's offerings encompass disk-to-disk backup and recovery, online backup, offsite protection, and archiving. These capabilities are engineered to provide businesses with robust mechanisms for safeguarding critical information and ensuring data availability.
The company was founded in 1993, emerging from an insight into the imperative for reliable and continuous data protection for enterprises. During a period of significant growth in digital information, Livevault aimed to address the complex challenges businesses faced in maintaining data integrity and recoverability. Robert A. Cramer later served as President and Chief Executive Officer, guiding the company's strategic direction.
Livevault serves a broad range of industries, including financial, insurance, legal, healthcare, and transportation sectors. The company’s products are designed for organizations that require stringent data security and uninterrupted operations. Livevault’s overarching vision centers on providing comprehensive, dependable data management solutions that empower businesses to maintain continuity and protect their vital assets.
Livevault has raised $13.0M across 2 funding rounds.
Livevault has raised $13.0M in total across 2 funding rounds.
Livevault has raised $13.0M in total across 2 funding rounds.
Livevault's investors include Matrix.
Livevault has raised $13.0M across 2 funding rounds. Most recently, it raised $5.0M Series C in October 2004.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2004 | $5M Series C | — | Matrix | Announced |
| Feb 1, 2002 | $8M Series U | — | Matrix | Announced |
LiveVault is a technology company that builds fully managed, automated cloud backup and recovery software for servers and data protection. It serves mid-sized businesses, distributed offices of larger enterprises, and industries like healthcare, IT, and financial services, solving the problem of uninterrupted remote data protection with continuous backups as frequent as every 15 minutes over the internet or private networks.[1][2][3] Acquired by Jungle Disk on September 22, 2021, LiveVault now integrates into a broader portfolio including KeepItSafe and OffsiteDataSync, serving thousands of enterprise and SMB clients across four continents with enhanced scale in cybersecurity and compliance-focused solutions like SOC 2, ISO 27001, PCI-DSS, and HIPAA.[1]
Founded in 1996, LiveVault pioneered automated, turnkey backup services, initially partnering with Iron Mountain for secure offsite storage and later with Hewlett-Packard and Microsoft to ensure business continuity.[1][2] Headquartered originally in Marlborough, Massachusetts (with later addresses in Los Angeles, California), it grew to provide services to over 11,000 businesses across North America, generating around $29.7 million in revenue.[1][2][3] A pivotal moment came in 2021 when Jungle Disk, backed by Dry Line investment firm, acquired LiveVault alongside KeepItSafe and OffsiteDataSync, marking Dry Line's first investment and expanding Jungle Disk's B2B cloud backup offerings globally.[1]
LiveVault rides the wave of escalating cybersecurity threats and data explosion, where ransomware and downtime cost enterprises billions annually, making continuous, compliant backup essential for business resilience. Its timing aligned with the shift to cloud-native protection in the early 2000s and post-2021 acquisition, it bolsters Jungle Disk's position amid rising demand for B2BaaS (Backup as a Service) and DRaaS (Disaster Recovery as a Service) in hybrid work environments.[1] Market forces like stricter regulations and multi-cloud adoption favor its pre-built compliance and global footprint, influencing the ecosystem by enabling smaller players to access enterprise-grade tools through Jungle Disk's expanded portfolio.[1]
Post-acquisition, LiveVault's trajectory ties to Jungle Disk's growth under Dry Line, likely emphasizing AI-enhanced threat detection and zero-trust integrations to counter evolving ransomware. Trends like edge computing and sovereign data laws will shape its path, potentially expanding into AI-driven predictive recovery. Its influence may evolve from standalone provider to a core component in unified cybersecurity stacks, solidifying Jungle Disk's scale while upholding LiveVault's legacy in automated protection.[1] This positions it as a steady player in an increasingly vital data resilience market.
