Datto valuation tops $4bn after going public

Nima Green
clock • 2 min read
Datto valuation tops $4bn after going public

The MSP vendor has raised over half a billion dollars in its New York public debut

Datto has raised $594m after going public, hitting a valuation of over $4bn. The MSP-focused vendor's share price rose by 20 per cent on its first day of trading, before dropping back and ending around...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

More on Reseller

Presidio Europe appoints new boss boss as former Arkphire CEO retires

Presidio Europe appoints new boss boss as former Arkphire CEO retires

Bríd Graham takes on SVP role of Presidio Europe and APAC as the reseller eyes international expansion

Josh Budd
clock 27 May 2022 • 2 min read
Dave McGinn, Daisy Communications CEO

Daisy Communications acquires Communicate Better to boost IT and telephony offering

Deal follows acquisition of broadband provider XLN Group earlier this year

Josh Budd
clock 27 May 2022 • 1 min read
Softcat expects profits to come 'slightly' ahead of expectations in Q3 trading update

Softcat expects profits to come 'slightly' ahead of expectations in Q3 trading update

Reseller says growth was ‘broad-based’ across all technology areas in three months to 30 April 2022

Josh Budd
clock 25 May 2022 • 1 min read