Alcione elainus

Alcion Raises $21M in Series A Funding To Accelerate Global Expansion of its Backup-as-a-Service Platform

Retrieved on: 
Tuesday, September 19, 2023
Security, Data Management, Technology, Artificial Intelligence, Software, Data management, Software as a service, Accident, Fortune 500, Microsoft, Multimedia, Research, Tenant, Confidentiality, MSP, Certification, Organization, As a service, Health, Cryptocurrency, Medical device, Video game, Online shopping, Alcione elainus, EU, Veeam

Alcion , a modern data management startup, announced today it raised $21M in a Series A funding round, bringing the startup’s total funding to $29M.

Key Points: 
  • Alcion , a modern data management startup, announced today it raised $21M in a Series A funding round, bringing the startup’s total funding to $29M.
  • Its multi-layered approach to security combats ransomware and malware using threat detection, intelligent backup scheduling, encryption, and delete protection.
  • Since exiting stealth in May, we’ve witnessed a 700% increase in organizations using the platform, propelling Alcion to a petabyte of managed logical backups,” said Niraj Tolia, CEO and co-founder of Alcion.
  • “This round of funding positions us to rapidly scale our mission of protecting all the world’s data against both malicious threats and accidents.

Alcion Emerges from Stealth with AI-Driven Backup-as-a-Service Platform for Microsoft 365

Retrieved on: 
Wednesday, May 31, 2023
Data Management, Security, Technology, Software, Artificial Intelligence, Internet, Data management, Software as a service, XDR, Accident, Veeam, RPO, Microsoft, Multimedia, Milestone, Pulse, Documentation, Reading, As a service, Disaster recovery, Data loss, Asthana, Corruption, Cryptocurrency, Risk management, Alcione elainus, Kasten

Developed with a product-led and community-driven focus, Alcion provides Microsoft 365 admins with an easy-to-use, intelligent, and secure SaaS platform to protect against ransomware, malware, corruption, and accidental data loss.

Key Points: 
  • Developed with a product-led and community-driven focus, Alcion provides Microsoft 365 admins with an easy-to-use, intelligent, and secure SaaS platform to protect against ransomware, malware, corruption, and accidental data loss.
  • “We are thrilled to announce our market entry with a fully-managed AI-driven backup service for Microsoft 365 users,” said Niraj Tolia, CEO and co-founder.
  • While Microsoft ensures the reliability and availability of Microsoft 365 infrastructure, it does not protect against cases in which cyberattacks or accidents lead to data loss.
  • For more information, or to try Alcion for free now, visit alcion.ai and join our community on Discord .