Storage for the Masses

Wolfe, Sean
April 2007
Red Herring;4/30/2007, Vol. 4 Issue 16, p23
Trade Publication
The article presents information on a backup software, developed and being marketed by Boston, Massachusetts-based Carbonite. London-based private equity and venture capital giant 3i just led a $6-million first round for Carbonite, joined by earlier investors like Common Angels, to bolster marketing strength and company infrastructure. Carbonite's pitch to consumers is short and sweet. Consumers just pay $5 a month for an all-you-can-eat storage service. The user is free to take one gigabyte or 40 gigs to back up files.


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