Acronis receives US$250m injection

Acronis has received more than US$250 million funding from CVC Capital Partners VII and other investors to further accelerate growth by expanding its product portfolio.

A significant portion of the investment will be used to expand the cybersecurity firm’s partner network to better serve the cyber protection needs of their clients.

“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,” said Serguei Beloussov, founder and CEO of Acronis.

Acronis will also expand its global sales, partner account management and partner success teams and add new technical talent for its research and development centres in Bulgaria, Israel and Singapore, as well as Switzerland and the United States.

Photo: John Guccione from Pexels

Tagged with: