This is the third round of large investments for Acronis, which will now increase the value of the company to 2.51 Billion USD! – MENAFN.COM

SourceMENAFN
SectorEconomy
CountryUAE

Dubai, UAE: Acronis, the global leader in cyber protection, is pleased to announce that it has received more than $250 million funding round from CVC Capital Partners VII and other investors. Acronis 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’ 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...read more...