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Online Backup Provider, Carbonite, Names Keith Cooper President & COO

Cliff Boodoosingh on October 18, 2007
 
Management team expands to support aggressive growth.

Boston, MA (PRWEB) October 17, 2007 -- Carbonite Inc., the leading provider of online backup services to consumers and small businesses, today announced the appointment of Keith W. Cooper as president and chief operating officer.

Cooper, who served for the past five years as venture partner at VIMAC Ventures and previously as president and CEO of FaxNet, will report directly to Carbonite CEO and founder David Friend.

“Keith is a very important addition to the Carbonite team,” Friend said. “He is a proven and brilliant business strategist who will play a key role in continuing Carbonite’s accelerated growth.”

Cooper previously worked with Friend and Carbonite Chief Technology Officer Jeff Flowers at FaxNet, where they collectively raised more than $30 million in venture and strategic capital, acquired two companies, and built the business to achieve yearly revenues approaching $30 million. FaxNet had established operations in Boston, Denver, and Buenos Aires, Argentina before the company was sold to Critical Path Inc. for approximately $240 million.

While serving as president and CEO of FaxNet, Cooper negotiated agreements with numerous major telecom companies such as Ameritech, Bell Atlantic and Bell South that were critical to the growth of FaxNet. Cooper will utilize his business development experience to establish additional partnerships for Carbonite with OEMs, telecoms and Internet Service Providers.

“Carbonite is a terrific concept with the technology to back it,” Cooper said. “We have a unique opportunity to continue to grow in a space that has received a lot of attention recently. I’m looking forward to creating additional shareholder value and enhancing the value our business partners receive in my work with the Carbonite team.”

Before FaxNet Corporation, Cooper was the general manager of Trans National Communications (TNC), a start-up company he helped to grow to over $50 million in revenues. He also spent four years as a case leader and strategic analyst at the Boston Consulting Group (BCG) and served as a vice president at the Canadian Imperial Bank of Commerce in New York City.

Cooper is a graduate of Harvard Business School and Harvard College, where he graduated with honors.

About Carbonite

Carbonite launched its Online PCBackup™ service in May 2006. Carbonite’s industry-first offer of unlimited backup space for a flat low price revolutionized the market for consumer and small business backup services. So far the company has backed up over 1 billion files, has restored more than 100 million lost files for its customers and has a large data center where capacity is measured in petabytes. There are Carbonite users in nearly 100 countries.

Founded in 2005, Carbonite believes that computer users should not have to think about backup. The company's mission is to provide an affordable, reliable, secure and easy-to-use solution for the mainstream computer user. Carbonite is available to consumers and small business through numerous channels, including its corporate website, major US retailers and international distributors.

Carbonite is available online at www.carbonite.com and through leading retail stores and resellers such as Staples and CompUSA. Carbonite subscriptions are also included in other software products, such as Microsoft Money. Carbonite promotes its backup service on radio and TV using a variety of spokespersons ranging from talk-show host Howard Stern to tech gurus Kim Komando and Greg Stebben.

Carbonite was founded in 2005 by serial-entrepreneurs David Friend and Jeff Flowers. The company has raised approximately $22 million in venture capital.

 

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