Acronis announced the opening of a new office in Herzliya, Israel with plans to invest around 80 million dollars into the country during the next five years. This new office will focus on conducting cybersecurity research and development, enabling the partners with local sales, marketing, technical, and educational support, as well as, recruiting and activating new cloud partners. The office also expands the company’s global network of Acronis Cyber Protection Operations Centres (CPOCs).
The announcement comes just weeks after a 250 million dollar funding round that raised the company’s valuation to more than 2.5 billion dollars. Some of that new funding will be directed to the office to recruit staff and support regional partners. The company plans to recruit more than 100 highly skilled engineers, scientists, and cybersecurity professionals for the new location. Another focus of investing will be on growing the number of cloud aggregators, distributors, and service providers in the region, where the company has had a presence since 2008.
The new office is the latest in a series of announcements regarding the company’s expansion in the region. They acquired the Israeli cybersecurity firm CyberLynx Security at the end of last year and opened a new data centre in Israel in April.
“Acronis’ strategic move into Israel reflects the fact this region will play a major role in our future success and we have tremendous trust in the talent of the Israeli high-tech industry,” Serguei Beloussov, CEO and founder of Acronis, said. “This new Israeli centre will be at the forefront of cyber protection research and development, becoming one of the key sites in our international network of research centres, alongside our Swiss, Singaporean, Bulgarian, and North American locations.”