Today’s Deals – Datto Scores $75 Million As It Seeks To Expand Beyond Disaster Recovery

Man with hands on head looking at his servers. Datto, the company that acts as a backup and disaster recovery service for small to medium sized businesses (SMBs), announced today that it has raised $75 million in a Series B investment. The round was led by Technology Crossover Ventures (TCV) and brings the total investment across two rounds for the eight-year old company to just over $100 million. Ted Coons, a general partner at TCV said… Read More

from TechCrunch

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