What is Acronis?
Founded in 2003 in Singapore and incorporated in Switzerland in 2008, Acronis specializes in providing comprehensive backup, data protection, disaster recovery, and cybersecurity solutions. The company serves a diverse clientele, including service providers, distributors, and cloud resellers, enabling them to offer robust data management and security services to their end-users. Acronis's integrated approach combines data protection with cybersecurity features, addressing the evolving threat landscape and the increasing complexity of data management for businesses worldwide.
How much funding has Acronis raised?
Acronis has raised a total of $660M across 5 funding rounds:
Other Financing Round
$11M
Other Financing Round
$147M
Debt
$2M
Other Financing Round
$250M
Unspecified
$250M
Other Financing Round (2004): $11M with participation from OpenView, ABRT Venture Fund, and Insight Venture Partners
Other Financing Round (2019): $147M led by Goldman Sachs
Debt (2020): $2M supported by PPP
Other Financing Round (2021): $250M featuring CVC and Goldman Sachs
Unspecified (2022): $250M backed by BlackRock
Key Investors in Acronis
BlackRock
BlackRock is a global investment management firm headquartered in New York City with operations across North America, Europe, Asia, and other regions. Founded in 1988, the company offers a comprehensive range of investment products and services including mutual funds, exchange-traded funds (ETFs), and alternative investments.
CVC
CVC Capital Partners is a leading global private markets investment firm with a long history of investing across private equity, credit, secondaries, and infrastructure strategies. Founded in 1981, the firm has evolved into one of the largest and most respected alternative investment managers in the world.
Goldman Sachs
Goldman Sachs is a leading global investment banking, securities, and investment management firm. It provides a wide range of financial services to corporations, governments, and institutional and individual clients, including mergers and acquisitions advisory, underwriting, asset management, securities trading, and wealth management.
What's next for Acronis?
With substantial enterprise-level backing and a recent strategic investment, Acronis is well-positioned for accelerated growth and market penetration. The company is likely to leverage this capital to enhance its product development, expand its global reach, and potentially pursue strategic acquisitions. Continued investment in research and development will be crucial to maintaining its competitive edge in areas such as AI-driven threat detection, cloud security, and hybrid cloud data protection strategies. The company's focus on integrated cyber protection suggests a strategy aimed at simplifying complex IT environments for its partners and customers.
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