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Tag Archives: Austin McChord

Casana raises $14 million in funding, Datto founder tapped as CEO (access required)

Casana, a Rochester healthcare technology firm previously known as Heart Health Intelligence Inc., has secured $14 million in Series A funding, bringing the total capital raised to $16.6 million. Datto Founder and CEO Austin McChord has stepped in as CEO ...

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RIT launches billion-dollar fundraising campaign (access required)

The president of Rochester Institute of Technology had been promising a historic announcement for weeks. Amid musical and theatrical performances at the ice rink-turned-nightclub Thursday, July 12, David C. Munson was scheduled to make the announcement before 2,000 guests: RIT has launched ...

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Datto growing fast (access required)

The Lite-Brite wall hasn’t been installed yet. But there’s a cubicle that has been turned into a ball pit. And the kitchens are stocked with free snacks—cereal, pistachios, wasabi peas, granola bars and others—on each floor of Datto’s offices in The Metropolitan. Those features, colorful décor, and the multiple monitors on every desk, along with televisions screens broadcasting sales closed and Seinfeld episodes, declare this is a high-tech company with a youthful bent. And like most youth, it’s growing rapidly. So rapidly that when the company merged and was acquired for $1.5 billion earlier this month, the founder, Austin McChord, was able to hand over a $50 million donation to his alma mater and one of the biggest suppliers of his employee pool—Rochester Institute of Technology.

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RIT alum makes historic contribution of $50 million

  The founder and CEO of a Connecticut data-protection company is giving Rochester Institute of Technology $50 million, the largest donation in the university’s history and one of the largest ever in the Rochester region. Austin McChord, 32, a 2009 ...

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