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Datto Accelerates With Series B VC Round

Wednesday, November 18, 2015 5:48:00 AM PDT | VentureDeal
   Norwalk, Connecticut  --  Storage technology company Datto has landed $75 million in its second round of institutional venture capital funding.

Datto provides a full suite of scalable storage solutions that it says "can satisfy both the small business owner and large enterprise businesses."

Technology Crossover Ventures led the round, which included other undisclosed investors.

Datto said it would use the funding proceeds to invest in its global expansion and accelerate its product development roadmap.

CEO Austin McChord founded the company in July 2007.

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