Acronis
Cybersecurity
Switzerland

(0.0)
Review

Overall Rank: 21
Category: Cybersecurity
Category Rank: 2

Awards:

  • Top Software Company of 2023
  • Power 500 Software Company

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Rating

Profile

Acronis is a globally recognized leader in cyber protection solutions, offering advanced data security and backup solutions for businesses, individuals, and service providers. Established in 2003 by Serg Bell and Ilya Zubarev, the company has garnered a strong reputation in the industry. Headquartered in Switzerland, Acronis maintains a robust global presence in more than 150 countries.


The company is committed to delivering comprehensive cyber protection solutions that cater to the evolving needs of modern organizations. At the core of its product portfolio is Acronis Cyber Protect, an integrated solution that combines backup and disaster recovery, advanced malware protection, AI-driven anti-ransomware, and endpoint security. By incorporating multiple layers of protection, Acronis Cyber Protect empowers businesses to safeguard their critical data, systems, and applications from cyber threats while ensuring swift and reliable recovery in case of data loss or breaches.


Acronis has been recognized for its innovation and leadership in the cyber protection market. The company has won numerous awards, including the Frost & Sullivan Award for New Product Innovation and the CRN Top 100 Cloud Companies 2022. It is backed by investors like Blackstone, Goldman Sachs raising over $650 Million.


Key Products

Acronis offers a wide range of products and services to protect data, devices, and systems from cyber threats. Some of the company’s key products include:  


Acronis Cyber Protect


Acronis Cyber Protect is a comprehensive cyber protection solution that integrates backup and disaster recovery, advanced malware protection, AI-driven anti-ransomware, and endpoint security. It offers businesses a single, unified platform to safeguard their critical data, systems, and applications from cyber threats while ensuring quick and reliable recovery in case of data loss or breaches.


Acronis Cyber Protect Home Office


This all-in-one solution provides backup, disaster recovery, antivirus, antimalware, and more for home users.


Acronis Cyber Protect Cloud


This cloud-based solution offers the same features as Acronis Cyber Protect Home Office, but it is designed for businesses of all sizes.


Acronis Cyber Protect Connect


A remote desktop and monitoring solution that enables you to easily access and manage remote workloads and fix any issues – anytime, anywhere.


Acronis’ products and services are used by businesses of all sizes, governments, and individuals to protect their data from ransomware, malware, and other cyber threats. The company’s solutions are also used to protect critical infrastructure, such as hospitals, power grids, and financial institutions.


Customer Insights

Acronis has been recognized for its innovation and leadership in the cyber protection market. The company has won numerous awards, including the Frost & Sullivan Award for New Product Innovation and the CRN Top 100 Cloud Companies 2022.


Acronis Cyber Protect, has earned high ratings on G2. It has an average rating of 4.3 out of 5 stars based on 668 user reviews. Customers praise its comprehensive data protection capabilities, advanced ransomware protection, and integration with various platforms. Users also appreciate the solution’s flexibility and ease of deployment.


On SoftwareAdvice, Acronis Cyber Protect Cloud has received an average rating of 4.1 out of 5 stars based on user reviews. Customers appreciate its ease of use, robust backup and recovery features, and efficient protection against cyber threats. Users also appreciate that the solution provides excellent ransomware protection and simplifies data recovery processes.


These customer insights provide valuable perspectives on the effectiveness and satisfaction of Acronis Cyber Protect. Users across different review platforms have praised its robust features, ease of use, and ability to safeguard data from cyber threats, making it a trusted choice for comprehensive cyber protection needs.


Statistics


  • Number of employees: 2,000+

  • Number of Service Partners: 18,000+

  • Number of Workloads Protected: 3,000,000+

  • Total Funding Amount: $658 Million

  • Number of Investors: 6

  • Number of Countries: 150+


Rating and Commentary

Acronis has solidified its position as a dominant player in the cloud-based data management and cyber protection market, serving millions of customers worldwide. With a staggering customer base of over 750,000 businesses and organizations, Acronis has become a trusted name in the industry. Under the leadership of its visionary CEO, Patrick Pulvermueller, Acronis has experienced remarkable growth, establishing a strong presence in the global market. With a team of over 2,000 dedicated professionals, Acronis continues to push the boundaries of data protection, delivering innovative solutions that address the ever-evolving challenges faced by businesses today.


In a highly competitive landscape, Acronis has consistently delivered superior services and technologies. Its Acronis Cyber Protect solution, an integrated cyber protection platform, has garnered widespread recognition, earning prestigious awards such as the 2022 CRN Top 100 Cloud Companies. These accolades further solidify Acronis’ reputation as an industry leader committed to providing cutting-edge solutions that safeguard data and ensure business continuity.


As the volume of data continues to explode, Acronis is well-positioned to capitalize on the growing demand for comprehensive data management and cyber protection solutions. With its proven track record, impressive customer base, and dedication to innovation, Acronis is poised to shape the future of data protection, empowering businesses with the tools they need to mitigate risks, enhance resilience, and achieve digital transformation in a rapidly evolving digital landscape.


Acronis Video


Key Executives

Acronis is led by a team of accomplished and experienced executives who bring a wealth of knowledge and expertise to the company. Here are some key executives at Acronis:


Patrick Pulvermueller, Chief Executive Officer


Patrick Pulvermueller brings over 20 years of experience in the cloud software and hosting industry. Prior to joining Acronis, he served as the President of the Partner Business at GoDaddy, where he led strategic expansion efforts in hosting, productivity, and security services through resellers and agency partners. With his strong product development expertise, Patrick excels in developing successful go-to-market strategies, particularly through service providers, resale channels, and strategic alliances. He has a track record of driving innovation and global growth for brands.


Shachar Rabbe, Chief Financial Officer


Shachar Rabbe is the Chief Financial Officer at Acronis, with more than 17 years of accounting and finance experience. He oversees all areas of finance, including accounting, corporate controlling, financial planning and analysis (FP&A), order processing, collection, and tax. Prior to joining Acronis, Shachar held finance and operations leadership roles at Orbotech, where he consistently improved operations, impacted business growth, and maximized profits through expert finance management, strategic planning, cost reductions, and productivity enhancements. He holds a BA in Accounting and Economics from The Hebrew University in Jerusalem and an MBA from Ben-Gurion University.


Michael Callahan, Chief Marketing Officer


Michael Callahan has over 20 years of marketing leadership experience, with a focus on cybersecurity. He has a diverse background that includes sales, sales engineering, global product management, marketing, corporate communications, and branding. Michael has successfully positioned numerous products and companies in existing categories and has even launched new categories. His results-oriented approach combines strategic brand-building with a data-driven mindset. With experience in startups like Cofense, as well as large companies like Juniper and HP, Michael brings a unique perspective of operating at scale while maintaining a fast-paced and agile attitude. He holds a BS in Engineering from The Ohio State University and an MBA from the University of South Carolina.


These key executives at Acronis play integral roles in driving the company’s growth, innovation, and success in the cloud software and cybersecurity industries. With their leadership and expertise, Acronis continues to deliver cutting-edge solutions and establish its position as a global leader in cyber protection.


Organizational Insights

Acronis cultivates an organizational culture that thrives on an exciting, fast-paced, and dynamic work environment. This culture is designed to challenge employees and facilitate their personal and professional growth, bringing them closer to reaching their full potential. Within this dynamic setting, individuals are surrounded by a diverse group of bright, talented, hardworking, and passionate colleagues who share a common dedication to delivering world-class cyber protection and making a positive impact as responsible global citizens.


Diversity and inclusion are integral aspects of the Acronis culture. The company firmly believes that every individual, regardless of their background or origin, deserves respect and equal treatment. By fostering a diverse and inclusive work environment, Acronis promotes creativity, innovation, and enhanced productivity among its workforce.


The company’s commitment to advancing gender equality is exemplified through its global #CyberWomen network. This network provides career development opportunities, mentorship, and a supportive community for women at Acronis, both personally and professionally. By organizing virtual and in-person meetups, workshops, trainings, and networking events featuring Acronis women, executives, and external participants, the company promotes the growth and development of women in the organization. Additionally, Acronis’ Global Women in Tech Mentorship Program further supports the professional growth, career development, and cross-company connections of high-potential women, aiming to cultivate the next generation of leaders.


Acronis also fosters an inclusive environment for LGBTQ+ employees and allies through its global #CyberPride network. By promoting respect, acceptance, and celebration of differences, Acronis strives to create a workplace where all employees can thrive.


The organizational culture at Acronis is characterized by a detail-oriented approach, responsiveness, perseverance, alertness, and a strong ability to make informed decisions. These values are deeply ingrained within the company and are at the core of everything it does, ensuring excellence in delivering cyber protection solutions.


As a rapidly growing organization, Acronis recognizes its responsibility as a good global citizen. In addition to delivering the best cyber protection solutions in the world, the company is dedicated to creating opportunities for the next generation, supporting the global community, and promoting sustainability through efforts that encompass diversity, social responsibility, privacy, and more.


Board Members

Acronis is guided by a distinguished group of board members who bring a wealth of experience and expertise to the company. Here are some notable board members:


Paul Maritz, Chairman


With 40 years of experience in computer science and software, Paul Maritz serves as the Chairman of Acronis. He previously held executive roles at Microsoft, VMware, and Pivotal Software. Paul is an active investor and serves on the boards of several start-up technology companies. He holds a degree in Mathematics and Computer Science from the Universities of Natal and Cape Town.


Kirill Tatarinov, Executive Vice Chairman


Kirill Tatarinov joined the Acronis Board of Directors in 2018 and serves as the Executive Vice Chairman. With over 33 years of experience in the enterprise software and services industry, Kirill brings valuable insights to Acronis. He has held leadership positions at Citrix Systems, Microsoft Business Solutions, and BMC Software. Kirill serves on the boards of Avaloq and Logically and mentors several technology start-ups. He holds an M.S. in Computers from MIIT and an MBA from HBU.


SB Serg Bell, Founder, Chief Constructor


SB Serg Bell is the founder of Acronis and currently serves as the Chief Constructor. He has played key roles in the company’s growth and success. SB also holds positions as the Executive Chairman of Parallels and Acumatica. He is a respected figure in the technology and venture capital industry. SB holds a B.S. in Physics, an M.S. (Hons) in Physics and Electrical Engineering, and a Ph.D. in Computer Science from MIPT. He is a member of the Governing Board of the Centre for Quantum Technologies in Singapore.


These board members provide valuable guidance and strategic direction to Acronis, contributing to the company’s growth and innovation in the cyber protection industry.


Investors

Acronis is proud to have garnered the support and investment of more than $650 Million from a diverse group of esteemed investors. These investors recognize the company’s potential for growth, innovation, and its commitment to providing world-class cyber protection solutions. With their backing, Acronis continues to strengthen its position as a leader in the industry.


Among the notable investors in Acronis are:


BlackRock


BlackRock is a global investment management firm with over $10 trillion in assets under management. BlackRock invested $250 million in Acronis in July 2022. This investment was made through BlackRock’s Private Equity division, which invests in private companies with the potential for long-term growth.


CVC Capital Partners


CVC Capital Partners is a private equity and investment advisory firm that invests in retail, construction, consumer, and others. CVC led a $250 Million round for Acronis in May, 2021. 


Goldman Sachs


Goldman Sachs is a multinational financial services firm providing securities, investment banking, and management services. Acronis raised $147 Million from Goldman Sachs in September 2019 in a private equity round.


These investors, along with others, have not only provided financial support but also bring valuable industry insights, expertise, and a network of connections to Acronis. Their involvement underscores the confidence in Acronis’ capabilities and its potential to shape the future of cyber protection.


Acronis remains dedicated to delivering value to its investors through continuous innovation, strategic partnerships, and expanding its market presence. The support from these investors has been instrumental in fuelling Acronis’ growth and further establishing its position as a trusted provider of cyber protection solutions.


Key Milestones


  • Acronis Recognized for Growth and Innovation on Frost & Sullivan’s Frost Radar for DRaaS (2023)

  • Gartner Magic Quadrant, 2022: Acronis was named a Visionary in the 2022 Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions. In this report Acronis was recognized for its Acronis Cyber Protect Cloud for our ability to execute and completeness of vision. CRN also recognizes Acronis on the 2023 Data Center 50 List awarded to industry-leading security vendors in the IT channel making groundbreaking progress within the data center space.

  • Acronis opens two Cloud Data Centers in Latvia and Estonia (2022)

  • Acronis promotes Katya Ivanova to Chief Sales Officer (2022)

  • $250 Million Funding: Acronis announced that it has received more than $250 million funding round from CVC Capital Partners VII and other investors in May 2021 at a $2.5 Billion valuation.

  • Multiple Acquistions: The company made several strategic acquisitions to expand its product line-up over the past few years. It acquired Synapsys in 2021, DeviceLock in 2020 and 5nine Software in 2019.


News and Press Releases


  • May 17, 2023: Acronis Simplifies Endpoint Security with New EDR Solution

  • April 17, 2023: Acronis Cyber Foundation Program and GoDaddy Pro announce the completion of school construction projects in Sierra Leone and Guatemala (Read)

  • January 23, 2023: Acronis Cyber Foundation Program: Celebrating five years of achievement! (Read)

  • March 31, 2021: Acronis makes cyber protection for all workloads available at no-charge (Read)


Competitor Analysis

Acronis operates in a competitive landscape within the enterprise backup and recovery software solutions market. While Acronis has established itself as a leading provider of cyber protection solutions, it faces competition from other notable players in the industry. Here are some key competitors to Acronis:


Veeam


Veeam is a recognized leader in the backup, recovery, and data management market. The company offers a comprehensive suite of solutions that focus on virtual, physical, and cloud environments. Veeam is known for its strong data protection capabilities, scalability, and integration with leading virtualization platforms. It has raised $500 Million in funding.


Commvault


Commvault provides a range of data protection and management solutions, including backup and recovery, disaster recovery, and cloud data management. The company offers a unified platform that helps organizations streamline their data management processes and optimize data protection strategies. Commvault announced an ARR of $640.7 million as of December 2022.


Veritas


Veritas specializes in data protection and availability solutions, offering backup and recovery, archiving, and information governance capabilities. The company’s products cater to both on-premises and cloud-based environments, providing customers with flexible options for data protection and management. Veritas serves over 80,000 customers.


Rubrik


Rubrik is a cloud data management company that offers a simplified approach to backup, recovery, and data orchestration. The company’s solutions are built on a scalable and policy-driven platform, enabling organizations to automate data protection workflows and streamline operations. It surpassed $500 Million in subscription ARR in 2023.


Cohesity


Cohesity provides hyperconverged secondary storage solutions that encompass backup, recovery, and data management functionalities. The company’s platform consolidates data silos and simplifies backup and recovery operations across physical, virtual, and cloud environments. Cohesity has raised $805 Million in funding.


Corporate Responsibility

Acronis demonstrates a strong commitment to corporate responsibility, emphasizing the importance of making a positive impact on the lives of its employees and the communities it operates in. The company upholds values of mutual trust, respect, personal achievement, individual leadership, and a belief in contributing to the world on a daily basis. Acronis’s dedication to corporate responsibility is evident in the following areas:


Diversity and Inclusion: Acronis recognizes the value of diversity and inclusion, ensuring that every individual within the organization is treated with respect and equality, regardless of their background. By fostering a diverse and inclusive work environment, Acronis encourages creativity, innovation, and heightened productivity. The company’s global #CyberWomen network provides women at Acronis with opportunities for career development, mentorship, and community support, both at the global and regional levels. Additionally, through the Global Women in Tech Mentorship Program, Acronis actively supports the professional growth and career advancement of high-potential women, aiming to cultivate the next generation of leaders. Acronis’s global #CyberPride network promotes an inclusive workplace where employees from the LGBTQ+ community and allies can thrive, emphasizing the celebration and acceptance of differences.


Environmental Sustainability and Ethical Practices: As a rapidly growing organization focused on delivering top-tier cyber protection solutions, Acronis recognizes its responsibility as a global citizen to create opportunities for future generations, support the global community, and enhance the sustainability of its practices. Through dedicated efforts, Acronis actively promotes diversity, social responsibility, privacy, and other initiatives that contribute to a more sustainable world. The company’s Environmental, Social, and Governance Report outlines its commitment to these principles, detailing its efforts to increase sustainability, support the global community, and promote responsible practices.


Accessibility: Acronis is committed to ensuring that its products are accessible to all users, regardless of any disabilities they may have. Recognizing the ethical and legal obligations surrounding accessibility, Acronis adheres to the internationally recognized Web Content Accessibility Guidelines (WCAG) 2.1 Level AA. The company continuously improves its accessibility features to create products that are inclusive and accessible for all users.


Ethics and Compliance: Acronis places a strong emphasis on trust, ethics, and compliance. The company conducts its business operations with the highest ethical standards and in full compliance with applicable laws, rules, and regulations worldwide. Acronis maintains a Code of Conduct that guides its employees’ behavior and ensures ethical conduct throughout the organization. Additionally, the company has policies in place to comply with trade sanctions and export control laws, as well as a global anti-corruption policy to prevent bribery.


Acronis’s corporate culture embodies a commitment to corporate responsibility, with a focus on positively impacting the lives of employees and the communities it serves. By promoting diversity and inclusion, sustainability, accessibility, and ethical practices, Acronis strives to create a better future for all.