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Goldman Sachs invests US$147M in cybersecurity startup Acronis, gearing up for acquisitions

Art Post ·
Cyber protection startup Acronis announced that it has received a US$147 million investment led by Goldman Sachs . The investment round, the company said, sets the valuation of the company to over one billion dollars. Acronis said that the funding will be used to expand its engineering team in Singapore, Bulgaria, and Arizona; build additional data centers; and grow through acquisitions. Additionally, Acronis plans to use the capital to accelerate the business growth in North America in...
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