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Parallels access acronis7/25/2023 ![]() ![]() ![]() There is a lot to do in terms of making that protection easier and deeper for our customers.” We protect about 10 million workloads today and we are aiming to grow that to 100x. “We have a single mission, which is to protect all data applications, providing privacy and security in one package. “We are s pending the money on engineers and M&A to complement our cyber protection,” he said. New-wave revenues, based on its newer (not legacy) products such as Acronis Cyber Protect, grew 100% during the pandemic, he added. “We didn’t need the money, but now we will invest it to grow faster and capitalise on our leadership,” Beloussov said in an interview. Integrating with a range of popular enterprise software packages and platforms and service providers, its business is now profitable, with some 10,000 managed service providers and 500,000 businesses (SMBs and bigger) among its customers. ![]() Originally a spinoff from the parent company of virtualization giant Parallels, Acronis initially made its name in data recovery and backup, but has, over time, and to better differentiate itself from competitors like Commvault, Veeam and Barracuda (among others), expanded to provide an all-in-one package of services to include continuous data protection, patch management, anti-malware protection and more. The funding is being led by CVC and values Acronis at over $2.5 billion. As cybersecurity continues to grow in profile amid an increasingly complex and dangerous landscape of malicious activity, a cybersecurity vendor that specializes in “all-in-one” services covering the many aspects of security IT has closed a big round of funding.Īcronis has raised $250 million in equity, and co-founder and CEO Serguei Beloussov said in an interview the company plans to use the financing both to grow organically, as well as for acquisitions to bring more “proactive” technology into its portfolio. ![]()
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