Industry Recognition
Highlights
Continuous Growth
and Innovation
BOSTON, June 30,
2010 —
Carbonite®, a leading
provider of online
backup, announced
CEO and Co-Founder
David Friend has
been named winner of
the Ernst & Young
Entrepreneur Of The
Year ® 2010 Award in
New England. Friend
received the honor
at a special gala
event on June 24 at
the Boston
Renaissance
Waterfront Hotel. As
a result of this
accomplishment, he
now is competing for
the national
Entrepreneur of the
Year award, which
will be announced in
November.
According to
Ernst & Young LLP,
the awards program
recognizes
entrepreneurs who
demonstrate
extraordinary
success in the areas
of innovation,
financial
performance and
personal commitment
to their businesses
and communities.
Friend was selected
as a winner from
nearly 40 finalists
by a panel of
independent judges.
"I'm humbled that
my friends and
colleagues who
nominated me, and
the distinguished
E&Y judges who
selected me, deem me
worthy of this
prestigious
recognition," said
Friend. "Carbonite
is my sixth startup
since college and
each has been more
fun than the last.
Frankly, the rewards
of being an
entrepreneur for 40
years have been
enough to make me a
very happy man. So
being selected as
E&Y Entrepreneur of
the Year is really
frosting on the
cake."
Friend has been a
successful
technology
entrepreneur for
more than 25 years.
He previously
co-founded five
companies: Sonexis,
FaxNet, Pilot
Software, Computer
Pictures Corp. and
ARP Instruments. At
Carbonite, Friend
has driven product
innovation and
sustained the
company's success by
raising more than
$67 million in
capital. Since 2006,
Carbonite has backed
up more than 39
billion files,
restored more than
3.2 billion lost
files for its
customers, and backs
up more than 100
million files every
day.
This honor
highlights a league
of significant
accomplishments,
including:
Carbonite
launched its online
backup service for
PC owners in 2006.
In the last year,
Carbonite enhanced
its Remote File
Access features
beyond Web browsers
to mobile
accessibility
through iPhone ®,
iPod Touch ® and
BlackBerry ®
smartphone devices.
In January, the
company raised
approximately $20
million in a
mezzanine financing
round bringing total
funding to
approximately $67
million.
