Kaseya, a provider of complete IT infrastructure management solutions for managed service provider and mid-market businesses, has acquired Unitrends, a provider of all-in-one enterprise backup and continuity solutions. No financial terms were disclosed. Both companies are backed by Insight Venture Partners.
MIAMI and BOSTON — May 3, 2018 –– Kaseya®, the leading provider of complete IT infrastructure management solutions for managed service providers (MSPs) and mid-market enterprises (MME), today announced the acquisition of Unitrends, the global leader of all-in-one enterprise backup and continuity solutions.
By combining Unitrends’ award-winning business continuity and disaster recovery (BCDR) technologies with Kaseya’s market leading IT Complete suite of management solutions, both MSPs and MMEs now have a single solution that meets all their critical IT needs, including remote monitoring and management (RMM), endpoint management, network monitoring and management (NMM), professional services automation (PSA), IT service desk, security, and backup and disaster recovery.
Following the successful OEM relationship between Kaseya and Unitrends MSP and the rapid market adoption of the resulting Kaseya Unified Backup offering – along with the adoption of Unitrends’ established BCDR and DRaaS (disaster recovery as-a-service) solutions for medium to large enterprises into Kaseya’s enterprise customer-base – today’s acquisition enables the combined businesses to support the Kaseya IT Complete vision of delivering the most complete, end-to-end IT management solutions tailor-made for both enterprise IT and MSP business growth.
Unitrends’ laser focus on providing best-in-class BCDR and DRaaS solutions for medium to large enterprises and the commitment to their distribution and channel partners will continue unabated. While Unitrends MSP will continue to design and deliver product variants that are customized to the need of MSPs.
With today’s acquisition, Unitrends is now a wholly owned subsidiary of Kaseya. The company will continue to operate out of its Burlington, Mass. headquarters with plans to invest and expand its workforce. Kaseya and Unitrends will continue to operate under their respective brands, and both companies remain a part of the Insight Venture Partners portfolio.
“The decision to acquire Unitrends was a no-brainer for us,” said Fred Voccola, CEO, Kaseya. “Over a year ago, we embarked on a journey to provide our customers with the best BCDR solution for their needs. After working with Unitrends to launch the Kaseya Unified Backup offering to our MSP customers, as well as introducing the core Unitrends product to our enterprise customer base, we witnessed the explosive adoption of these solutions and decided that it just made sense to further our relationship and to bring our two companies together.
“The powerful combination of our IT Complete platform with Unitrends’ industry leading BCDR solutions means we can now bring unparalleled innovation to market and set the bar even higher for the value and service we deliver to our customers and partners worldwide. Without a doubt, we believe Unitrends is THE market leader in BCDR. Its technology leadership successfully spans both enterprise backup and DRaaS with the industry recognition to prove it. Unitrends is one of only two vendors recognized in both the Gartner Magic Quadrant for Data Center Backup and Recovery and Disaster Recovery-as-a-Service. With its technologies, we will open up new markets for our MSPs to meet the increasingly complex requirements of larger customers and deliver enterprise-class disaster recovery as-a-service.”
“We’re excited to share this news with our customers and partners,” said Paul Brady, CEO, Unitrends. “The scale of our combined company brings additional resources and talent that we can apply to our award-winning technology. The pairing of Kaseya and Unitrends means an expanded market for Unitrends into the MSP landscape and the further expansion of the Kaseya IT Complete Platform into the Unitrends enterprise customer market allowing our customers to further strengthen their IT infrastructure.
“Our customers remain at the heart of Unitrends, and we’re proud to have earned their trust with a 98 percent customer satisfaction rating. The combined commitment of Kaseya and Unitrends to those customers and to our channel partners remains unwavering as we move into this next, exciting phase of Unitrends as part of the Kaseya family.”
Kaseya is the leading provider of complete IT management solutions for managed service providers (MSPs) and midsized enterprises. Through its open platform and customer-centric approach, Kaseya delivers best in breed technologies that allow organizations to efficiently manage and secure IT. Offered both on-premise and in the cloud, Kaseya solutions empower businesses to command all of IT centrally, easily manage remote and distributed environments, and automate across IT management functions. Kaseya solutions manage over 10 million endpoints worldwide. Headquartered in Dublin, Ireland, Kaseya is privately held with a presence in over 20 countries. To learn more, visit www.kaseya.com.
Unitrends increases uptime, productivity and confidence in a world in which IT professionals must do more with less. Unitrends leverages high-availability hardware and software engineering, cloud economics, enterprise power with consumer-grade design, and customer-obsessed support to natively provide all-in-one enterprise backup and continuity. The result is a “one throat to choke” set of offerings that allow customers to focus on their business rather than backup. Learn more by visiting www.unitrends.com or follow on Twitter @Unitrends and LinkedIn.