Austin Mcchord net worth 2024, age, height, wife, girlfriend, kids, biography, wiki

Austin McChord is a computer engineer and businessman from the United States. He is presently a member of the Datto Board of Directors, a data backup firm he established in 2007. Datto had an “alleged valuation of $1 billion” by 2015, making it Connecticut’s sole “unicorn” firm.

Datto was then sold to Vista Equity Partners for $1.5 billion in December 2017 and amalgamated with Autotask, with McChord becoming CEO of the combined firm.

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Early Life & Biography

Austin McChord was born in Connecticut in 1985 and spent his childhood in Newtown. He became interested in technology while he was in third grade, when his school required him to use a computer in class to compensate for his poor handwriting.

He quickly picked up programming and began creating games to play in class. He built Rube Goldberg machines in middle school, and as a student at Newtown High School, he joined the Technology Club. The club was in charge of the town’s television station, which McChord pushed to modernize from scrolling text to live television and sports replays.

McChord rescued old television sets from the garbage and repaired them, as well as developing the required components for live sports broadcasts and his school’s video-editing software. After graduating from high school in 2003, he went to the Rochester Institute of Technology to study electrical engineering. He earned a Bachelor of Science in bioinformatics in 2009.

Age, Height, Weight and Body Measurements

Being born on 8 October 1985, Austin Mcchord is 38 years old as of today’s date 7th May 2024. His height is N/A tall, and weight is N/A.

Personal Life: wife, girlfriend, dating, divorce, kids

McChord’s headquarters are in Norwalk, Connecticut. Building drones and robots is one of his passions.

Career

During the summer of 2007, while still in college, 21-year-old McChord began building a data recovery and backup device in his father’s office basement. He recalls having an idea “to construct a mass device that copied data to cloud servers, and I felt I could do it cheaper than anything on the market.”

With Linksys components, Lego pieces, hot glue, a soldering iron, and his own software, he created his first device. McChord went on to obtain a number more patents. His products take frequent photographs of a client’s server content, encrypt the data, and send it to backup servers, enabling for speedy server reboots if the client’s server is hacked or crashes.

In 2007, he became the first CEO of the firm Datto, which would sell the device, and the product would enter the market in early 2008. His first clients came from articles on blogs like Engadget and Gizmodo. Before continuing to create additional models, he built a Linux-compatible backup device to sell to a small number of resellers.

McChord turned rejected a $100 million acquisition offer from an undisclosed security business in early 2013. Datto’s intention to dissolve the company and lay off staff irritated McChord, who was the company’s only shareholder at the time. Instead, McChord acquired $25 million in expansion funding from General Catalyst Partners that autumn, with Paul Sagan and Steve Herrod joining the Datto board of directors as part of the deal. Backupify, a Massachusetts-based firm that “backs up data in cloud programs such as Salesforce and Google Apps,” was bought by McChord in December 2014.

Following an FBI request and consent from the Hillary Clinton campaign, McChord reportedly gave over up to 17,448 Clinton emails from Datto’s servers, as well as hardware, to the FBI in September 2015. In November 2015, Datto secured $75 million in investment from Technology Crossover Ventures, with McChord stating that the cash will be used to grow globally.

Awards & Achievements

Austin was named to Forbes’ annual 30 Under 30 list of corporate technology leaders in 2015, and he writes for sites such as Entrepreneur, Business Insider, andTechCrunch on a regular basis.

After being an Ernst & Young Entrepreneur of the Year Award finalist in 2014, he received the Ernst & Young Entrepreneur of the Year New York Award in 2016. He was also recognized a CRN Top 25 Innovator and a CRN Top 50 Midmarket IT Vendor Executive.

Net Worth & Salary of Austin Mcchord in 2024

By 2015, Datto had a “purported worth of $1 billion,” making it the sole “unicorn” firm in Connecticut, with McChord continuing to serve as CEO from Datto’s headquarters in Norwalk, Connecticut. Datto was sold to Vista Equity Partners for approximately $1.5 billion in November 2017, and the firm amalgamated with Autotask the following month, with McChord as the combined company’s CEO. Datto has 1,400 employees as of December 2017.

As of May 2024, McChord has an estimated net worth of $180 Million.

Austin McChord is an extremely successful businessman whose curiosity for more knowledge has landed him where he is today. His initial inventions in 2007 have propelled him to the high level of success that he has achieved. We wish him all the best in his future endeavours.