Acronis Raises $250M Investment At A $2.5B Valuation

by | May 10, 2021

 Acronis has raised more than $250 million in a funding round led by CVC Capital Partners VII. The investment values the company at more than $2.5 billion.

The cybersecurity company plans to use the funds to accelerate growth by expanding its cyber protection portfolio and boosting its partner programmes. “With this additional funding, we will accelerate the development of our product portfolio and invest more in our partners’ success,” said Serguei “SB” Beloussov, founder and CEO of Acronis. “Our goal is to develop market-leading technology and help our partners grow their profits, while providing the best protection for their clients.”

Acronis will also 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.

“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,” said Leif Lindbäck, Senior Managing Director of CVC Capital Partners. “Acronis provides mission-critical solutions to more than 10,000 MSPs and half a million small and medium businesses. CVC has a strong track record in cybersecurity and partnering up with successful entrepreneurs, and we are looking forward to teaming up with Serguei Beloussov and the Acronis team to accelerate the company’s growth.”

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