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Acronis to Boost Cyber Protection Solutions with $250M New Funding

Acronis to Boost Cyber Protection Solutions with $250M New Funding Image Credit: Acronis

Acronis, the global leader in cyber protection on Tuesday announced that it has received more than $250 million funding round from CVC Capital Partners VII and other investors. 

Acronis said it will use the funds to further accelerate growth by expanding its unique portfolio of natively integrated cyber protection products. A significant portion of the investment will also be used to further enhance Acronis’ go-to-market initiatives by expanding its broad partner network – most notably managed service providers (MSPs) – to help them better serve the cyber protection needs of their clients. The investment values the company at more than $2.5 billion.

 

Acronis Cyber Protect is the first unified cybersecurity and data protection solution that is natively integrated, so service providers can operate these critical functions through a single pane of glass, delivering comprehensive cyber protection at a lower cost.

Acronis will continue to invest in staff resources, expanding its global sales, partner account management and partner success teams, and hiring new technical talent for its research and development centers in Bulgaria, Israel, and Singapore, as well as Switzerland and the United States.

Leif Lindbäck, Senior Managing Director of CVC Capital Partners
Acronis’ talented management and R&D teams have invested significant resources developing an innovative cloud-native ‘MSP in a box’ solution, with integrated backup, disaster recovery, cybersecurity, remote management, and workflow tools.

Serguei “SB” Beloussov, Founder and CEO of Acronis
With this additional funding, we will accelerate the development of our product portfolio and invest more in our partners’ success. Our goal is to develop market-leading technology and help our partners grow their profits, while providing the best protection for their clients.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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