Total amount raised
$658 Millions
Latest funding date
7/1/2022
Location
Acronis has successfully raised significant funding through multiple rounds, attracting notable investors such as BlackRock and GS Growth. The company was acquired by EQT in 2024, marking a pivotal moment in its financial journey.
Keep reading to explore the intricacies of Acronis' fundraising journey and the investors backing this innovative platform.
What Is Acronis?
Acronis, founded in 2003 in Singapore, specializes in unifying data protection and cybersecurity to deliver integrated, automated cyber protection. The company offers a range of solutions, including next-generation antivirus, backup, disaster recovery, and endpoint protection management.
The founders of Acronis are Ilya Zubarev, Juri Tsibrovski, Serg Bell, Stanislav Protassov, and Yakov Zubarev. Their innovative approach has positioned Acronis as a leader in the cybersecurity and data protection industry.
With a workforce of 1001-5000 employees, Acronis continues to expand its global presence, providing advanced cyber protection solutions to businesses and individuals worldwide.
How Much Funding Has Acronis Raised?
- Amount Raised: $11M
- Date: January 2004
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish a strong foundation and accelerate initial product development.
- Amount Raised: $147M
- Date: September 2019
- Lead Investors: Goldman Sachs
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand global reach and enhance cybersecurity solutions.
- Amount Raised: $250M
- Date: May 2021
- Lead Investors: CVC Capital Partners
- Valuation at Round: $2.5B
- Motivation Behind the Round: To scale operations and invest in new technologies.
- Amount Raised: $250M
- Date: July 2022
- Lead Investors: BlackRock
- Valuation at Round: $3.5B
- Motivation Behind the Round: To extend product leadership and support ecosystem partners.
Total Amount Raised: $658M. Current Valuation: $3.5B.
Key Investors
- BlackRock
- Details: BlackRock is a global investment management corporation based in the United States. It is one of the largest asset managers in the world.
- Investment Focus Areas: Equities, fixed income, real estate, alternative investments.
- Notable Investments: Technology, healthcare, financial services.
- CVC Capital Partners
- Details: CVC Capital Partners is a private equity and investment advisory firm headquartered in Luxembourg. It specializes in private equity, credit, and growth investments.
- Investment Focus Areas: Private equity, credit, growth investments.
- Notable Investments: Consumer goods, healthcare, industrials.
- Goldman Sachs
- Details: Goldman Sachs is a global investment banking, securities, and investment management firm. It has a diverse portfolio with investments in various sectors.
- Investment Focus Areas: Private equity, venture capital, asset management.
- Notable Investments: Technology, finance, healthcare.
What's Next for Acronis?
As Acronis continues to expand, the opportunities ahead are vast. With a recent $250 million funding round, the company is well-positioned to enhance its product leadership, execute strategic acquisitions, and bolster its sales and marketing teams. The cybersecurity market is growing rapidly, and Acronis' valuation of $3.5 billion underscores the significant potential for further growth and market penetration.
Future fundraising opportunities seem promising, given the company's robust financial backing and ambitious expansion plans. However, challenges such as intense competition, evolving cyber threats, and the complexities of integrating acquisitions could pose hurdles. Navigating these challenges will be crucial for Acronis to maintain its competitive edge and continue its upward trajectory in the cybersecurity landscape.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay's platform to access comprehensive fundraising data on companies like Acronis and gather other critical business insights.
Sign up for free on Clay and start transforming your sales approach today.
