Home Tags Datto

Tag: Datto

Datto: Remote workforce fuels increase in ransomware attacks

Datto said 59% of MSPs reported increased ransomware attacks due to a pandemic-fueled remote workforce.

Post-IPO, Datto tops $4.5 billion in market value

The Norwalk software firm expects to use $549.5 million of net IPO proceeds to pay down its existing credit facilities.

Datto launches IPO

The IPO price is expected to be between $24 and $27 per share.

Datto files registration for IPO

The date and specifics of the IPO have not been determined.

Datto: Average ransomware downtime cost on SMBs is $141K

The cost of ransomware-induced downtime to small- and medium-sized businesses is 23 times greater than the average ransom request of $5,900, according to the Norwalk firm's report, which surveyed more than 1,400 managed service providers (MSPs),

Robert Petrocelli named CTO at Datto

Petrocelli was previously a senior software architect at Oracle.

Norwalk-based Datto expands executive leadership ranks

CEO Tim Weller said the new executives will "help shape and deliver on Datto's vision."

Datto names Tim Weller as new CEO

Weller served as interim CEO since October following the resignation of Austin McChord, the company's founder.

Datto report details spike in ransomware attacks

Datto found 85 percent of ransomware victims had antivirus software installed and 65 percent had email/spam filters installed.

Austin McChord resigns CEO post at Norwalk’s Datto

Austin McChord’s departure comes two weeks after his brother Ian resigned from the company, and almost exactly one year since the firm was acquired for $1.5 billion by Vista Private Equity.

Acquisition of Norwalk firm Datto completed

The combined entity now has a presence in 125 nations.

Datto acquired by investment firm and merged into Autotask

Datto CEO Austin McChord will continue as the chief executive of the merged entity, which will have 1,300 employees and offices in nine countries.

Datto acquires Oregon-based cloud networking firm Open Mesh

The deal is designed to expand Datto’s ability to provide data-protection solutions to managed service providers worldwide.

Datto CEO Austin McChord to speak at Startup Grind

Austin McChord, CEO of Norwalk-based data backup company Datto, will speak at a Startup Grind Greenwich event Tuesday.

Norwalk tech company receives state aid to expand

Datto Inc. plans to establish a $15 million headquarters by the end of the year.