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Bakbone Software
Data Protection Software Provider
About Bakbone Software
Founded in 2000 by Tony Cerqueira, Bakbone Software specialized in data protection and storage management solutions for complex, heterogeneous IT environments. The company's origins trace back to software technology initially developed by AT&T Bell Labs, which formed the basis of its flagship product, NetVault. Bakbone established its headquarters in San Diego, California, and grew to serve a global client base that included Fortune 1000 corporations and government entities.
The company's business model revolved around the development and sale of software designed for data backup, recovery, replication, and disaster recovery. Its target market spanned from small and medium-sized businesses to large enterprises, offering scalable solutions to meet diverse needs. Revenue was generated through the licensing of its software products, which were distributed through a network of OEMs, strategic partners, and resellers. A significant milestone for the company was its acquisition by Quest Software in a deal announced in late 2010 and completed in early 2011 for approximately $55 million. This acquisition was part of Quest's strategy to expand its data protection portfolio, integrating Bakbone's technology to offer more comprehensive solutions across physical, virtual, and application-level environments.
Bakbone's primary offering, the NetVault software suite, provided a modular architecture for data protection. Its features included continuous data protection (CDP), data deduplication, replication, and support for a wide array of applications like Oracle, Microsoft SQL Server, Exchange, and virtual platforms such as VMware. The software was engineered to simplify the data protection process, enabling rapid recovery of files, applications, or entire systems to minimize downtime and potential data loss. Following the acquisition, the NetVault products were rebranded as part of the Quest Software portfolio, enhancing Quest's competitive position in the storage management market.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Nov 2010 | $55M | $55M | Quest Software | — |
| EARLY VC✓Equity / VC | May 2009 | $7.8M | $31M | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Bakbone Software is 0 monthly website visits. Bakbone Software's team grew 0% over the past year.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
VantagePoint Capital Partners
Other known investors1 additional known investor
Quest Software
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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