Alcion.ai is focused on developing advanced technology solutions, likely in the fields of artificial intelligence, machine learning, or data analytics. Although specific details about its products are not publicly available, the company aims to serve a diverse range of clients, including businesses and possibly individual consumers, by providing software or technology services that address complex problems. Alcion.ai generates revenue through various models, such as subscription-based software, one-time purchases, or consulting services, which helps create a steady income stream. What sets Alcion.ai apart from its competitors is its commitment to employee well-being, offering comprehensive health and retirement benefits, supporting remote work, and organizing regular in-person meetups to strengthen team cohesion. The company's goal is to deliver valuable technology solutions while fostering a positive work environment for its employees.

Lip-Bu Tan

Amarjit Gill

Abhinav Asthana

Veeam

Enterprise Software

AI & Machine Learning

Alcion

A cybersecurity firm that moved its HQ out of Columbus has acquired a Silicon Valley startup.

Cybersecurity company Veeam acquires Bay Area startup while decreasing Columbus presence

SANTA CLARA, Calif.--(BUSINESS WIRE)--Alcion, the leading provider of AI-driven Backup-as-a-Service for Microsoft 365, announces the launch of Alcion for Partners - a Managed Service Provider (MSP) partner program, designed to empower MSPs with improved account visibility and problem solving capabilities. The new program aims to accelerate and modernize MSPs’ Microsoft 365 backup business while reducing management and procurement toil. By providing a security-oriented backup offering with simplified licensing, consolidated billing, and a new partner portal, MSPs and partners can monitor and manage multiple accounts from a single pane of glass. “Enterprise Strategy Group (ESG) research shows that ransomware attackers are turning their sights to cloud and SaaS services,” said Christophe Bertrand, practice director for data protection, data management, and analytics at ESG. “It has become critical for IT teams to have protection and recovery in place for their business-critical dependencies such as Microsoft 365. The robust AI-driven security and usability features found in Alcion’s data protection platform for Microsoft 365 will be critical for not just individual businesses but also for MSPs, as they look for help in tackling these problems, at scale, in large multi-tenant environments.”

Alcion Modernizes Data Protection With New Ai-Driven Partner Program For Msps

Among the new cybersecurity partner programs, Alcion, a provider of artificial intelligence (AI)-driven backup-as-a-service for Microsoft 365, has launched a new MSP partner program designed to provide MSPs with improved account visibility and problem-solving capabilities.

Alcion, 1Password, Drata Offer New Cybersecurity Partner Programs

Alcion is excited to announce the launch of Alcion for Partners - a program that empowers Managed Service Providers (MSPs) to supercharge their Microsoft 365 ecosystem offerings with modern AI-driven data protection that extends well beyond traditional backup and brings additional focus on security.

Introducing Alcion for Partners: To MSPs with Love

Data management startup Alcion has raised $21 million in a Series A funding round led by Veeam to expand its market presence.

Alcion Raises $21 Million for Backup-as-a-Service Platform

As organizations shift their operations to the cloud, they’re experiencing more security incidents — the result of challenges around the transitions from on-premises to remote data and infrastructure management. According to a recent survey, 80% of companies experienced at least one cloud security issue in 2022, while 27% suffered a breach with a public cloud provider — up 10% from 2021.That’s drummed up interest in startups developing tools helping to manage and secure cloud-stored data at scale. Per Grand View Research, the enterprise data management market is set to grow 12.1% between 2022, when it was worth $89.34 billion, and 2030.Alcion fits the bill. Its platform, which it describes as “backup-as-a-service,” provides a range of disaster recovery, anti-ransomware and anti-malware and compliance tools for businesses with primarily cloud-based workloads in Microsoft 365.Alcion today closed a $21 million Series A funding round led by Veeam, the IT company owned by Insight Partners. It’s a curious investment, considering that Veeam competes with Alcion in the areas of data backup/restoration and disaster recovery (unless the investment in the precursor to an acquisition). But Alcion CEO Niraj Tolia characterized it simply as a vote of confidence in Alcion’s growth strategy.“Alcion is a company founded on the pillars of being product-led and community-driven, and has firm technical underpinnings in a modern and AI-driven architecture built for modern workloads and threat environments,” Tolia said

Alcion, Which Provides Backup And Security Services To Enterprises, Raises $21M

Veeam leads funding round for SaaS backup provider Alcion.

Veeam leads funding round for SaaS backup provider Alcion

Today, Vaibhav Kamra and I are thrilled to announce two significant milestones in Alcion's journey - Alcion has secured $21M in its Series A funding round led by Veeam, an industry leader in data protection, and Alcion is announcing the General Availability of its AI-driven Backup-as-a-Service (BaaS) platform for Microsoft 365.

New Milestones: Announcing Alcion's Series A and General Availability of Our AI-driven Backup-as-a-Service Platform

Alcion, Inc., a data management start-up, announced $8 million in seed funding from prominent angel investors, and the public preview of its AI-driven BaaS platform.

Start-Up Alcion Emerges from Stealth with $8 Million in Seed Funding

Alcion, a Santa Clara, CA-based modern data management startup, raised $8M in Seed funding.

Alcion Raises $8M in Seed Funding

Develops advanced technology solutions for clients

Alcion

Develops advanced technology solutions for clients

Alcion

Develops advanced technology solutions for clients

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