Additionally, the company intends to expand its partner networks to help more customers enhance their cyber security posture.
Acronis has concluded a US$250 million ($334 mil) funding round from CVC Capital Partners VII and other investors to accelerate its growth, bringing its valuation to more than US$2.5 billion.
The Singapore-based cyber protection solutions provider will use the funds to further develop and expand its product portfolio. One such product is the Acronis Cyber Protect, which natively integrates cybersecurity, data protection and management to protect endpoints, systems and data.
