This Week
  • DHD Ventures plans to spend $20 million to renovate two city buildings.

  • Technology and other factors have brought big changes to commercial building.

  • From Morocco, Joseph Squalli traveled far to become Rooney's Restaurant owner.

  • Gates Automotive Centers grows by connecting with customers.

  • RocMusic director Alexander Pena rallies young music makers.

  • Challenges mount for area companies that do business in Russia.

RIT to sponsor area's first Start-Up N.Y. tenant

Rochester Business Journal
June 4, 2014

Datto Inc., a provider of backup, disaster recovery and storage software, will relocate to Rochester as the first local Start-Up New York tenant, officials announced Wednesday.

Rochester Institute of Technology will sponsor the company, which expects to employ 77 here, officials said.

Datto Inc.’s products and services lessen business downtime during catastrophic events, officials said.

The company was founded in 2007 by Austin McChord, who graduated from RIT with a degree in bioinformatics and holds several patents, the company website states.

Based in Norwalk, Conn., the business has grown by 300 percent in each of the last four years, the website states.

Start-Up New York was created by Gov. Andrew Cuomo to recruit start-up and out-of-state businesses to New York and operate tax-free for 10 years on land owned by state colleges and universities.

Twelve businesses have announced their intentions to locate in New York as part of the program, investing nearly $50 million and creating 400 jobs, officials said.

Eight of the 12 businesses are headed to the Buffalo area, with one going to Ithaca and two to New York City, officials said.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google