Alcion

Alcion

Develops advanced technology solutions for clients

About Alcion

Simplify's Rating
Why Alcion is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$28.2M

Headquarters

San Francisco, California

Founded

2022

Overview

Alcion.ai is focused on developing 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 address complex problems for a diverse range of clients, including businesses and possibly individual consumers. Alcion.ai generates revenue through the sale of its technology services, which may include subscription-based software, one-time purchases, or consulting services. This approach allows for a steady income stream while potentially benefiting from high-margin sales. A key aspect that sets Alcion.ai apart from competitors is its commitment to employee well-being, offering comprehensive health and retirement benefits, supporting remote work, and organizing regular in-person meetups to enhance team cohesion. The company's goal is to provide valuable technological solutions while fostering a positive work environment.

Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven cybersecurity solutions are increasingly in demand due to sophisticated threats.
  • The global Backup-as-a-Service market is projected to grow significantly by 2028.
  • Remote work trends increase the need for robust data protection solutions.

What critics are saying

  • Veeam's investment might lead to strategic shifts or integration challenges.
  • The competitive landscape in AI-driven data protection is intensifying.
  • Reliance on Microsoft 365 could be a vulnerability if Microsoft changes its policies.

What makes Alcion unique

  • Alcion uses AI-driven strategies for data protection against ransomware and malware.
  • The company offers a Backup-as-a-Service platform specifically for Microsoft 365.
  • Alcion's MSP partner program enhances account visibility and problem-solving capabilities.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$28.2M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$21M
Alcion
$100M
GitHub

Company News

Bizjournals
Sep 24th, 2024
Cybersecurity company Veeam acquires Bay Area startup while decreasing Columbus presence

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

Business Wire
Feb 13th, 2024
Alcion Modernizes Data Protection With New Ai-Driven Partner Program For Msps

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
Feb 13th, 2024
Introducing Alcion for Partners: To MSPs with Love

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.

Channel Futures
Feb 13th, 2024
Alcion, 1Password, Drata Offer New Cybersecurity Partner Programs

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.

SecurityWeek
Sep 19th, 2023
Alcion Raises $21 Million for Backup-as-a-Service Platform

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

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Alcion right now.

Find jobs on Simplify and start your career today

💡
We update Alcion's jobs every 8 hours, so check again soon! Browse all jobs →