About ThycoticCentrify ThycoticCentrify is a leading cloud identity security vendor, enabling digital transformation at scale. ThycoticCentrify’s industry-leading privileged access management (PAM) solutions reduce risk, complexity and cost while securing organisations’ data, devices and code across cloud, on-premises and hybrid environments. ThycoticCentrify is trusted by over 14,000 leading organisations around the globe including over half of the Fortune 100, and customers include the world’s largest financial institutions, intelligence agencies and critical infrastructure companies.
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Data protection firm Acronis raises $250m from CVC Capital, valuation soars to $2.5b
Acronis co-founder, president and COO Stanislav Protassov. Photo: Acronis.
May 4, 2021
Singapore and Switzerland-headquartered data protection firm Acronis on Tuesday announced it has bagged $250 million in equity funding from private equity firm CVC Capital Partners at a post-money valuation of $2.5 billion.
Acronis, which was founded in Singapore in 2003 and incorporated in Switzerland in 2008, has now raised $408 million in external funding. The firm had last raised $147 million in 2019 in a round led by Goldman Sachs.
Acronis provides AI-based anti-malware and blockchain-based data authentication technologies to protect cloud, hybrid and on-premise IT environments. It claims its products are used by 5.5 million home users and 500,000 companies.