Acronis Analysis: $2.0B Raised
What is Acronis?
Acronis specializes in cybersecurity and data protection solutions for consumers, businesses, and managed service providers. Their unique approach combines backup, disaster recovery, and cybersecurity into a single platform, enhancing data security and operational resilience. This integration allows organizations to protect sensitive information and ensure business continuity effectively.
Location
Schaffhausen, Switzerland
Employees
1001-5000
Founded
2003
Revenue
$328M
Annual Revenue
$328M
Country
Switzerland
Growth Rate
11.8% (Veeam), 30% (Druva), 2% (Commvault), 24% (AvePoint)
Latest Funding Round Size
$2 billion
Recent Funding
$2 billion
Product Features & Capabilities
- Acronis Cyber Protect Cloud with integrated backup and security
- Acronis True Image for personal data protection
- Acronis Cyber Protect for business continuity
- Acronis Snap Deploy for workstation provisioning
- Acronis Cyber Protect OT for operational technology resilience.
Use Cases
Protect sensitive data across physical and virtual environments; Rapidly recover from ransomware and cyber threats; Ensure compliance with data protection regulations; Manage endpoint security and data loss prevention; Backup Microsoft 365 data seamlessly.
How much Acronis raised
Funding Round - $2 billion
RecentRecent Acquisitions
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Veeam: Acquired Alcion, a Microsoft 365 backup-as-a-service provider, focusing on AI capabilities. (7 months ago) Source
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Commvault: Acquired Clumio, a data backup and recovery provider, to enhance its offerings for AI workloads on AWS. (7 months ago) Source
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Rubrik: Acquired Laminar, a specialist in securing data across public clouds, to enhance its cloud data security capabilities. (August 2023) Source
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Veritas Technologies: Cohesity announced its intent to acquire Veritas' data protection unit, although the acquisition details are still unfolding. (5 months ago) Source
Key Offerings
Acronis's key competitors and their key products or services include:
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Azure Site Recovery: A disaster recovery service that ensures business continuity by orchestrating replication, failover, and recovery of physical and virtual machines.
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VMware Live Recovery: Provides Ransomware and Disaster Recovery as-a-service across VMware Cloud Foundation, featuring advanced isolated testing and restoration at scale.
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Arcserve ShadowProtect: Offers backup and disaster recovery software that ensures on-premises business systems and data are fully protected and always available. It creates sector-level backup images of Windows or Linux systems.
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Axcient x360Recover: A business continuity and disaster recovery solution that provides flexible backup options, including Direct-to-Cloud and appliance-based solutions, with features like AirGap and AutoVerify.
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Druva Data Security Cloud: A fully managed SaaS platform that offers comprehensive data protection, including backup, management, and recovery across cloud, on-premises, and edge environments.
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Veeam Backup & Replication: Supports virtual, physical, NAS, and cloud environments, providing a comprehensive data protection solution with features for backup, replication, and recovery.
Other Considerations
Operates over 50 global data centers; ISO/IEC 27001 certified; Recognized by industry leaders for innovation and excellence.
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