$2.5bn cloud data management player Acronis gets new CEO

Patrick Pulvermueller - Acronis.jpg

Cloud data management and security services vendor Acronis has appointed hosting industry veteran Patrick Pulvermueller as its new CEO.

Pulvermueller (pictured) succeeds Serguei Beloussov, who founded the company in 2003 and who has served as CEO since 2013.

Pulvermueller joins Acronis from GoDaddy, where he most recently served as president of the partner business. In that role, he led the company’s strategic expansion of its hosting, productivity and security services through resellers and agency partners.

Pulvermueller has also held leadership roles as CEO of Host Europe GmbH and group CEO of Host Europe Group (HEG).

Pulvermueller takes over at a pivotal time. Acronis recently received over $250 million in an investment round including CVC Capital Partners VII and others, which valued the company at more than $2.5 billion.

In addition to accelerating its technology and product development, the company plans to leverage that investment to further enhance its go-to-market initiatives - an area in which Pulvermueller has expertise in - by expanding its broad partner network, which includes managed service providers (MSPs), managed security service providers (MSSPs), hosting partners, cloud distributors, cloud aggregators and network service providers.

Pulverueller said: “Acronis is poised to disrupt the data protection and cyber security markets while redefining how service providers leverage remote monitoring and management (RMM) and professional services automation (PSA) services.

“I look forward to contributing my knowledge and experience in the service provider business to ensure we take full advantage of that opportunity.”

As Acronis’ founder and largest shareholder, Beloussov will continue to be involved in the company as a member of the board of directors and as Acronis chief research officer, directing the technology and research strategy.

Founded in Singapore in 2003 and incorporated in Switzerland in 2008, Acronis now has more than 1,600 employees in 33 locations across 18 countries.