Managing Partner, Qiming Venture Partners
When Serguei Beloussov returned to lead the company he'd founded a decade earlier, he had a clear idea of how it would transform the cybersecurity industry.
Beloussov, who was born and raised in Leningrad, now St. Petersburg, moved to Singapore in 1994 and founded cybersecurity solutions provider Acronis in 2001.
Returning as CEO in 2013 after a 12-year break, he made the decision to change the company business model from data-protection company to cyberprotection. Key to this strategy has been Acronis’ ability to provide companies with a full-service cyberprotection infrastructure.
This strategic shift was validated last year when the company raised $147 million in a funding round led by Goldman Sachs, which brought it to unicorn status. In addition, Acronis Cyber Protect earned Frost & Sullivan’s 2020 New Product Innovation Award for Data Protection in North America.
“Legacy solutions are dead,” Beloussov tells Business Insider. “The convergence of cybersecurity and data protection has introduced the world to a new concept: cyberprotection. Acronis coined the term and has been promoting it across the globe, aiming to equip businesses, big and small, with efficient and innovative tools to fight off modern cyberthreats."