Datto Holding Corp.

Datto Holding Corp. specializes in providing robust IT solutions for managed service providers and small to medium-sized businesses, focusing on data protection and disaster recovery to ensure business continuity. Founded in 2007 by Austin McChord, Datto Holding Corp. is headquartered in Norwalk, US.

The company offers innovative data protection solutions and has undergone significant changes, including its acquisition by Kaseya Limited in April 2022, which enabled broader technological integration. Datto has raised a total of USD 1,500. 00 mn across multiple funding rounds, with the latest being an Add-on Trade Sale, valued at USD 6,200. 00 mn, from Kaseya Limited, securing a 69% stake in the company.

Datto Inc. provides a comprehensive suite of IT solutions designed primarily for managed service providers (MSPs) and small to medium-sized businesses (SMBs). The company's core offerings include advanced data protection solutions such as Datto SIRIS, a high-performance business continuity and disaster recovery platform, and Datto ALTO, which serves small business needs for business continuity. Additional products include Endpoint Backup with Disaster Recovery, which safeguards endpoint data, and SaaS Protection for securing various SaaS applications.

These solutions utilize AI-powered technologies, such as Datto’s BackupIQ, to automate operations and enhance security measures against threats like ransomware. Datto's products are available in multiple geographical markets, including North America, Europe, and Asia-Pacific, catering primarily to IT professionals and organizations that require reliable data management and backup solutions. In 2021, Datto reported a revenue of USD 618. 66 mn and an EBITDA of USD 121.

73 mn. Datto operates on a subscription-based revenue model, primarily offering its products as software-as-a-service (SaaS) solutions to MSPs and SMBs. Clients typically engage with Datto through annual or monthly subscription plans that provide access to their suite of services, including backup and disaster recovery tools. The pricing structure reflects tiered plans based on the specific needs and scale of the client’s operations, with flagship products like Datto SIRIS and Datto ALTO featuring prominently in these transactions.

Partnerships with MSPs are critical to Datto's business strategy, as these partnerships enable a B2B transaction framework where Datto supports MSPs in delivering robust IT solutions to their own end-user clients. This collaboration ensures a stable revenue stream while fostering long-term relationships within the IT service ecosystem. Datto's strategic growth plan focuses on the launch of new products that enhance its existing portfolio, with specific release dates yet to be determined. The company plans to expand into new geographic markets, specifically targeting Europe and Asia-Pacific by 2023, leveraging its recent funding secured through the acquisition by Kaseya Limited.

This acquisition, finalized in April 2022, aims to create additional opportunities for MSPs by integrating a broader array of technology products within Datto's offerings.