![]() Headquartered in Colorado, Webroot operates globally across North America, Europe, and Asia. Leveraging the power of machine learning to protect millions of businesses and individuals, Webroot secures the connected world. Webroot BrightCloud® Threat Intelligence Services are used by market-leading companies like Cisco, F5 Networks, Citrix, Aruba, A10 Networks, and more. Webroot is a leading cybersecurity provider for managed service providers and small businesses, who rely on Webroot for endpoint protection, network protection, and security awareness training. Webroot harnesses the cloud and artificial intelligence to protect businesses and individuals against cyber threats. To learn more, visit and follow us on Twitter at Webroot The Carbonite Data Protection Platform supports businesses on a global scale with secure cloud infrastructure. If you’re a member of the press or an industry analyst attending the event and would like to set up a meeting, please email CarboniteĬarbonite provides a robust Data Protection Platform for businesses, including backup, disaster recovery, high availability and workload migration technology. Carbonite will be sharing updates about the Webroot acquisition at Dell Technologies World 2019 (April 29-May 2, 2019) in Las Vegas, NV. Carbonite was named Best Windows Backup Tool by Lifehacker, Labs Winner by PC Pro, Editors Choice by NextAdvisor, and Hottest Boston Company by Lead411.For further information on the transaction, please visit:. ![]() “I’m confident we will build on the momentum of Carbonite and Webroot’s cloud-based approach to protecting endpoint data as we aim to deliver strong results for customers and partners.” “Webroot and Carbonite share a common vision to empower small and mid-sized businesses with next generation solutions purpose-built for their unique needs,” said John Post, SVP and GM of Webroot, a Carbonite company. “We are thrilled to officially welcome Webroot to the Carbonite family and look forward to delivering positive results together.” “The combination of these two companies creates a unique and powerful data protection and cybersecurity solution for our customers and partners,” said Mohamad Ali, Carbonite CEO. Together, Webroot and Carbonite share a common go-to-market approach of delivering customer success through partner channels. The Webroot business unit will be led by John Post, formerly Webroot’s CFO, as SVP and GM, and will report directly to Mohamad Ali, President and CEO of Carbonite. The interest rate on the term loan is a floating rate based upon LIBOR plus 3.75%. The purchase price was funded with existing cash on hand and funds secured under a new $550 million term loan. It doesn't have the sort of user-friendly, consumer-level. The total purchase price for Webroot was $618.5 million in cash, as adjusted with respect to cash, debt, transaction expenses and working capital. Carbonite is a cloud backup service in the style of Backblaze protect all the data you've got on as many computers as you need. The combination of cloud-based backup and recovery with cloud-based cybersecurity introduces a new approach to data protection for the endpoint. (NASDAQ: CARB), a leading cloud-based data protection provider, today closed its previously announced acquisition of Webroot Inc. "It’s important to our culture to be surrounded by fresh energy and ideas.Carbonite, Inc. “We’re excited to make the move to (Downtown Crossing), which is quickly becoming jam-packed with Boston’s hottest tech startups," said Carbonite vice president and general counsel Danielle Sheer in a statement. There will also, of course, be a beer fridge.Ĭarbonite is working with Jones Lang LaSalle, IA Interior Architects and Columbia Construction to help build out and design the space. Founded in 2005, Carbonite provides a data protection platform for businesses, including backup, disaster recovery, high availability and workload migration. The space, according to a Carbonite spokeswoman, will be designed to feel like a modern home, with “living rooms” for each department to hold informal meetings and get-togethers, arcade games for its support team, a large multipurpose room and a café stocked with free candy, healthy snacks, a beer and drinks. The Boston Business Journal reported on the planned move in January, but details were vague at the time. The new 50,000-square-foot space at Lafayette City Center at 2 Avenue de Lafayette is owned by the Abbey Group. ![]() The company currently has 250 employees at its 30,000-square-foot office at 177 Huntingdon Ave. Carbonite's new headquarters in Downtown Crossing will accomodate 400 Boston Business Journal | By David Harris | May 6, 2014īoston-based online backup firm Carbonite (Nasdaq: CARB) will move its headquarters from the Back Bay to Downtown Crossing later this year and will have enough space for 400 workers there.
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