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Jungle Disk
Data protection services to businesses using the internet
About Jungle Disk
Jungle Disk operates as a data security company, initially recognized as one of the pioneering online backup services to utilize cloud storage infrastructure like Amazon S3. Founded in 2006 by Dave Wright in Atlanta, the company's trajectory involved a significant acquisition by Rackspace Hosting, Inc. in October 2008 for a reported $11.5 million, a move intended to bolster Rackspace's cloud hosting services. Following the acquisition, Wright eventually departed to establish SolidFire, and Jungle Disk was relocated to San Antonio in 2010. A period of slowed development occurred as Rackspace focused on its OpenStack platform. However, in January 2016, Jungle Disk was spun out from Rackspace and became a privately held entity.
Under the leadership of CEO Bret Piatt, who previously managed a large SaaS business unit at Rackspace, the company embarked on a growth phase. This included the acquisition of SafetyNet, a backup solution for QuickBooks Online, in December 2017. Further expansion came with the purchase of online backup company ElephantDrive in May 2022, marking Jungle Disk's entry into the consumer market. A series of significant acquisitions in September 2021 included KeepItSafe, LiveVault, and OffsiteDataSync from J2 Global. This strategic consolidation led to the company rebranding as CyberFortress in July 2022, aiming to provide comprehensive managed data backup and rapid recovery services under a unified brand.
The core business revolves around providing a suite of cybersecurity services tailored primarily for small to medium-sized businesses (SMBs) with fewer than 50 employees, though its portfolio now extends to enterprise and consumer clients. Revenue is generated through a monthly subscription model for its software and services. The product lineup includes encrypted data backup, network protection, password management, and email archiving. The backup service supports a range of operating systems, including Microsoft Windows, macOS, and Linux, and can back up data from laptops, desktops, servers, external drives, and NAS devices. A key feature is the use of AES-256 encryption where the customer controls the encryption key, ensuring data privacy. The company offers a pay-as-you-go storage model, charging per gigabyte used beyond an initial included amount, and gives customers the choice between Amazon S3 and Google Cloud for data storage.
Source: Dealroom company dataAt a glance
- Founded
- 2006
- Headquarters
- San Antonio, United States
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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
- PHPorthcawl Holdings
Source: Dealroom Talent Intelligence.
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