Acronis raises $147M from Goldman Sachs to expand its cyber security services

INSUBCONTINENT EXCLUSIVE:
services
The company, though, wants you to think about cyber protection and all of its products (and their marketing) are now focused on this
direction
To expand on this vision, the company has now raised $147 million from Goldman Sachs at a valuation over $1 billion.The company says it will
use the funding to expand its engineering teams in Singapore, Bulgaria and Arizona, as well as to build new data centers and acquire other
companies to fast-track its product development
The company also plans to invest in its business growth, specifically in North America, through its recently launched partner (and former
growing by over 100%
to the needs of their customers and partners
The investment round led by Goldman Sachs will help us to fast-track the product development through acquisitions of companies and
Fortune 1000
to expand its product portfolio and strengthen its brand.