Schaffhausen, Switzerland-based Acronis has raised over $250 million in a new funding round from CVC Capital Partners VII and additional investors including Goldman Sachs. With this round, the company now has a valuation of $2.5 billion.
The quarter-billion in funding is slated to accelerate further growth, with a particular emphasis on the company’s go-to-market initiatives via partner network expansion.
“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 we are looking forward to teaming up with Serguei Beloussov and the Acronis team to accelerate the company’s growth,” comments CVC Capital Partners’ Leif Lindbäck.
As we’ve seen time and time again, Acronis’ key to rapid growth has been its shopping spree of acquisitions. As a testing ground for these acquisitions, Acronis is a powerhouse of partner programme development.
In February the firm rolled out their #CyberFit initiative, which supports the development of cloud-focused resellers and services providers. The following month, Acronis rolled out a new version of an offering that enabled partners to deliver the product with little to no upfront cost. And just last month a new partner portal was launched providing content, tools, and training.
“With this additional funding, we will accelerate the development of our product portfolio and invest more in our partners’ success,” comments Acronis CEO and founder Serguei Beloussov. “Our goal is to develop market-leading technology and help our partners grow their profits, while providing the best protection for their clients.”