Carbonite, Inc. provides cloud and hybrid backup solutions. The company’s solutions are designed to address the specific needs of small and medium sized businesses and individuals. Offerings The company intends to be a major provider of business continuity solutions that keep businesses in business. Its suite of solutions comprises: Carbonite Personal (Carbonite Personal Basic, Carbonite Personal Plus, and Carbonite Personal Prime): For individuals, the company offers annual plans that include unlimited cloud backup for one computer at three different service levels. All plans offer discounts for multi-year subscriptions. Carbonite Pro (Carbonite Pro Basic and Carbonite Pro Prime): The company’s small business workstation solutions automatically back up files to the cloud and include an unlimited number of devices for an annual flat fee based on the amount of storage needed. Carbonite Server Backup (Carbonite Server Basic, Carbonite Server Prime, and Carbonite Server Pro Bundle): The company’s hybrid server backup solution protects an unlimited number of servers, databases, and live applications; and offers advanced management capabilities, including scheduling, retention, bandwidth and compression settings, and detailed monitoring and reporting through a personalized server dashboard. The company uses encryption technology to ensure the privacy of its customers’ stored files. The company encrypts files using a secure key before the files leave the customer’s computer and transmits the encrypted files through the Internet to one of its secure data centers. Customers’ files remain encrypted on the company’s servers to guard against unauthorized access. The company employs outside security analysis firms, including anti-hacking specialists, to review and test its defenses and internal procedures. Proprietary Server Software At the core of the company’s offerings is its proprietary server software designed primarily for cloud backup. The server software includes two major components, such as the Carbonite Communications System (CCS) and the Carbonite File System (CFS). CCS moves customer data between the company’s software installed on its customers’ computers and CFS running on its storage servers. CCS also balances loads across the company’s server network. CFS manages the write-mostly database of stored files with the flexibility to operate on various available third-party storage hardware. Marketing and Sales As of December 31, 2014, the company had subscribers in approximately 100 countries. The company’s network of sales channel relationships includes distributors, resellers, and retailers; and is designed to sell large volumes of its relatively low-priced solutions to small business customers. Research and Development In 2014, the company spent $24.1 million on research and development. Intellectual Property CARBONITE is a registered trademark in the U.S. and in approximately 30 other countries, including countries in the European Union. The company also has additional registrations and/or pending applications for additional marks in the U.S. and/or other countries, including but not limited to ‘Carbonite The Better Backup Plan’, ‘Back it up. Get it back’, ‘Because Your Life is On Your Computer’ Logo, ‘Carbonite’ and the Green Dot Logo, Carbonite Lock Logo, Phanfare, Zmanda and the Z logo and Chinese character representations for Carbonite. In addition, the company has 8 issued patents, expiring at various times between 2027 and 2032; and 18 pending patent applications in the U.S. and internationally that cover both its technical infrastructure and the company’s key usability and design concepts. History Carbonite, Inc. was founded in 2005. The company was incorporated in the state of Delaware in 2005.
carbonite inc (CARB:NASDAQ GM)
2 Avenue de Lafayette
Boston, MA 02111
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