Profile: Carbonite Inc (CARB.OQ)
30 Jul 2014
Carbonite, Inc. (Carbonite), incorporated on February 10, 2005, provides secure cloud backup solutions with anytime, anywhere access to files stored on its servers. The Company offers pricing packages for its Carbonite Pro and Carbonite Server solutions based on the total amount of data stored rather than the number of computers generating this data. As of December 31, 2013, the Company had subscribers in more than 100 countries, with subscribers based in the United States representing approximately 94% of its total revenue.
The Company intends to be a provider of business continuity for small businesses by keeping them up and running and introducing new solutions with this focus. The Company offers backup solutions to its customers with anytime, anywhere access to their stored files. The Company charges consumers a flat fee for one year of unlimited cloud backup at three different service levels, each with discounts for multi-year subscriptions. It offers small business customers cloud backup for an unlimited number of computers for an annual flat fee based on the total amount of data backed up, with the option to purchase additional incremental storage capacity. For small business customers with servers, it offers cloud backup for an unlimited number of servers for a flat annual fee based on the total amount of data backed up, with the option to purchase additional incremental storage capacity. Its server solutions also offers advanced management capabilities including scheduling, retention, bandwidth and compression settings, and detailed monitoring and reporting via a personalized server dashboard.
The server software is comprised of two components: the Carbonite Communications System (CCS) and the Carbonite File System (CFS). CCS moves customer data between its software installed on its customers’ computers and CFS running on its storage servers. CCS also balances loads across its server network. CFS manages the write-mostly database of stored files with the flexibility to operate on a variety of readily available third-party storage hardware.
The Company competes with CrashPlan, Mozy, SOS Online Backup, Apple, Google, Microsoft, Amazon, DropBox, SugarSync and Box.
177 Huntington Avenue
BOSTON MA 02115