Unitrends is a technology company.
Unitrends has raised $9.7M across 2 funding rounds.
Unitrends has raised $9.7M in total across 2 funding rounds.
Unitrends is a technology company specializing in backup, business continuity, and disaster recovery solutions, offering all-in-one hardware appliances, virtual software, and cloud services.[1][2][3] It builds products like Recovery Series appliances, Unitrends Backup for VMware/Hyper-V, and Unitrends Cloud for DRaaS, serving over 15,000 customers including MSPs, enterprises, and government via a 100% channel model.[1][2][3] These solutions protect VMware, KVM, Acropolis, AWS, Azure, and Office 365 environments, solving data loss risks through integrated backup, replication, deduplication, instant recovery, and automated testing to ensure uptime and simplify management.[1][2][4]
Unitrends, now a Kaseya company, targets IT teams overburdened with limited resources, cutting management time by up to 60% via intuitive UIs like UniView and FLEXspend for flexible protection across on-prem, cloud, and SaaS.[3][4] Its growth leverages 30+ years of innovation, channel-friendly margins, deal registration, and joint marketing, outperforming in guides like the 2016-17 DCIG Hybrid Cloud Backup Appliance Buyers’ Guide.[1][4]
Unitrends traces its roots to 1985, when Steve W. Schwartz founded Med Flex as a sole proprietorship to fund medical missions, developing the first product CTAR (Compressing Tape Archiver) to address backup issues in his medical office.[2] By 1988, it evolved into the first complete crash-recovery product for Santa Cruz Operation’s Xenix systems, called Jet RestorEase, leading to Unitrends Software Corporation's formal inception in 1989 as a Unix backup specialist with BareMetal recovery.[2]
Pivotal moments included porting BareMetal to SCO Unix (renamed System Crash Air-Bag) and expanding to physical/virtual appliances with RAID redundancy, tiered SSD storage, and cloud integration.[2] Acquired by Kaseya, Unitrends has grown into a mature provider of heterogeneous protection for 250+ OS versions, hypervisors, and apps, serving SMBs to enterprises.[2][4][6]
Unitrends rides the hybrid/multi-cloud data protection trend, where data sprawl across on-prem, public clouds, and SaaS demands unified resilience amid rising ransomware and downtime costs.[3][4][7] Timing aligns with 2025 backup trends highlighted in its Unified Backup Survey Report, emphasizing agile, automated recovery in resource-constrained IT environments.[3][5]
Market forces like exploding data volumes, zero-trust security, and DRaaS adoption favor its simplified, heterogeneous protection, enabling MSPs to scale services without complexity.[1][4] It influences the ecosystem by setting ease-of-use standards, empowering channels to serve SMBs/enterprises/government, and integrating with Kaseya's portfolio to bolster broader IT management.[1][2]
Unitrends is poised to expand via Kaseya synergies, enhancing BackupIQ features like capacity alerts and agile testing to preempt failures in AI-driven, edge-heavy infrastructures.[2][7] Trends like sovereign clouds, immutable backups, and zero-downtime recovery will shape its path, with FLEXspend and UniView driving MSP adoption amid hybrid work persistence.[3]
Its influence may evolve toward deeper SaaS/endpoint coverage and AI-optimized automation, solidifying all-in-one leadership. As data protection becomes non-negotiable, Unitrends' 35+ years of solving real IT pain positions it to thrive, securing businesses in an unforgiving threat landscape.[2][4]
Unitrends has raised $9.7M in total across 2 funding rounds.
Unitrends's investors include Accel, Insight Partners, Paladin Capital Group.
Unitrends has raised $9.7M across 2 funding rounds. Most recently, it raised $700K Venture Round in June 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2016 | $700K Venture Round | Accel, Insight Partners | |
| Apr 1, 2008 | $9.0M Series C | Paladin Capital Group |