Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,424.85 162.29 1.00%
S&P 500 1,862.31 19.33 1.05%
NASDAQ 4,086.22 52.06 1.29%
Ticker Volume Price Price Delta
STOXX 50 3,139.26 47.74 1.54%
FTSE 100 6,584.17 42.56 0.65%
DAX 9,317.82 144.11 1.57%
Ticker Volume Price Price Delta
NIKKEI 14,412.67 -5.01 -0.03%
TOPIX 1,166.74 0.19 0.02%
HANG SENG 22,773.36 77.35 0.34%

Carbonite Ranked 51st Fastest Growing Company in North America on Deloitte's 2012 Technology Fast 500™



 Carbonite Ranked 51st Fastest Growing Company in North America on Deloitte's
                          2012 Technology Fast 500™

PR Newswire

BOSTON, Nov. 14, 2012

BOSTON, Nov. 14, 2012 /PRNewswire/ -- Carbonite, Inc. (NASDAQ: CARB), a
leading provider of online backup solutions for consumers and small to medium
sized businesses, today announced it ranked No. 51 on Deloitte's Technology
Fast 500™, a ranking of the 500 fastest growing technology, media,
telecommunications, life sciences and clean technology companies in North
America. Carbonite grew 2,709 percent during this period.

(Logo: http://photos.prnewswire.com/prnh/20120124/NE40289LOGO)

"Carbonite has been a pioneer in the cloud backup market for consumers and
small to medium sized businesses, and our expertise and strong product line
have driven our significant growth since we launched in 2005," said David
Friend, Chairman and CEO, Carbonite. "We are proud to be recognized among so
many impressive companies and remain committed to delivering easy-to-use,
affordable and secure cloud solutions with innovative features and
functionality."

Since 2011, Carbonite has increased its offerings to add new markets and
platforms and achieved milestones in its award-winning service, including:

  o SMB: In June 2011, Carbonite launched Carbonite Business, which offers two
    affordable, easy-to-use solutions tailored to meet the backup needs of
    small and medium sized businesses.
  o Server and database backup: In November 2012, Carbonite acquired Zmanda,
    Inc., a leading provider of cloud backup solutions for databases, servers,
    file systems, virtual machines and applications.
  o Mobile: In September 2012, Carbonite extended its backup expertise to the
    mobile platform with the launch of its new Carbonite Mobile app, which
    backs up mobile photos and videos, and offers device protection features.
  o Channel/Reseller: In June 2012, Carbonite launched a new reseller program
    designed to help its online backup resellers grow their businesses by
    offering a broader range of backup plans and new account management tools.
  o Onshored Customer Support: Carbonite has completely repatriated its
    customer support operations to the US, creating more than 200 new jobs in
    New England.

"We are proud to honor the 2012 Technology Fast 500™ companies, and commend
them for their outstanding growth," said Eric Openshaw, vice chairman,
Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader.
 "These ground-breaking companies have outpaced their competition and are
reinventing the way we do business today."

Overall, 2012 Technology Fast 500™ companies achieved revenue growth ranging
from 128 percent to 279,684 percent from 2007 to 2011, with an average growth
of 2,774 percent.

About Deloitte's 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of
the fastest growing technology, media, telecommunications, life sciences and
clean technology companies – both public and private - in North America.
Technology Fast 500 award winners are selected based on percentage fiscal year
revenue growth from 2007 to 2011.

In order to be eligible for Technology Fast 500 recognition, companies must
own proprietary intellectual property or technology that is sold to customers
in products that contribute to a majority of the company's operating revenues.
Companies must have base-year operating revenues of at least $50,000 USD or
CD, and current-year operating revenues of at least $5 million USD or CD.
Additionally, companies must be in business for a minimum of five years, and
be headquartered within North America.

About Carbonite
Carbonite, Inc. (NASDAQ: CARB), is a leading provider of online backup
solutions for consumers and small and medium sized businesses.  Subscribers in
more than 100 countries rely on Carbonite to provide easy-to-use, affordable
and secure online backup solutions with anytime, anywhere data access.
Carbonite's online backup solution runs on both the Windows Mac platforms. The
company has backed up nearly 200 billion files, restored more than 7 billion
files and currently backs up more than 300 million files each day. For more
information, please visit
www.carbonite.com, twitter.com/carbonite, twitter.com/carbonitebiz, or
facebook.com/CarboniteOnlineBackup.

CONTACT: Erin Delaney, +1-617-421-5637, media@carbonite.com

SOURCE Carbonite, Inc.

Website: http://www.carbonite.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement