With security, though, organizations have realized that “managing by in-house resources is not always ideal so outsourcing to special service providers can guarantee service levels. “Last year definitely pushed customers to understand that IT is mission critical and that is for every business,” Beloussov said, with security coming along with that by association.
#Acronis parallels access software#
There is no cybersecurity skills gap, but CISOs must think creativelyĪcronis has been one of the companies that has seen a growing demand for its services as a result of all that, with Acronis’s software sold via managed service providers seeing a particular lift. Malicious hackers, who were hard at work well before the pandemic, have jumped on this and exploited it. What it has impacted is how IT provisions and manages networks and the device that run on them, and specifically has exposed some of the loopholes in company’s cybersecurity policies. Although that shift was pushed along by the COVID-19 pandemic, many believe that the longer-term effect will be a very different working environment, with a greater acceptance that fewer people will be spending all of their time in their offices, and that it won’t necessarily impact productivity. The bigger landscape in the world of business has seen a huge shift in the last year to more people working remotely and across a wider set of geographies and devices. The funding and Acronis’s strategy to double down on growing its business comes at a key moment in the world of cybersecurity. “With private equity investors like Goldman Sachs and CVC, they definitely expect liquidity at some point,” Beloussov said. He said that while the company is continuing to remain private, it’s also starting to think about its next steps, which could involve a public listing or a sale, in the next 12-24 months. 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.
#Acronis parallels access Patch#
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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