CVC Capital Partners VII and other investors have provided $250 million in funding to Acronis, a cyber protection provider. Acronis will use the funds to accelerate growth by expanding its portfolio of natively integrated cyber protection products. A significant portion of the investment will also be used to expanding Acronis’ partner network, notably managed service providers.
“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.”
“With this additional funding, we will accelerate the development of our product portfolio and invest more in our partners’ success,” said Serguei 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.”
Phil Goodwin, research director, cloud data management for protection for IDC, noted, “Acronis has been at the forefront of the cyber protection movement, establishing itself as a pioneer in solutions that unify advanced cybersecurity with innovative data protection. By continuing to expand their technical capabilities and partner network, the value they bring to the market will only increase.”