Axcient - About the company
Axcient is an acquired company based in Denver (United States), founded in 2006. It operates as a Cloud-based business continuity management software provider. Axcient has raised $98.7M in funding from investors like Thomvest Ventures, Scale Venture Partners and Industry Ventures. The company has 890 active competitors, including 64 funded and 103 that have exited. Its top competitors include companies like Rubrik, Druva and Veeam.
Company Details
Axcient is a cloud-based business continuity management software provider. It provides business cloud storage and disaster recovery solutions. The software does this by intelligently tracking unique block-level changes across all protected devices in an organization in real-time, then sending only the changed blocks to the cloud. Provides solutions such as direct-to-cloud, cloud-enabled file services, office 365 protection, DRaas, and remote work place management.
- Website
- axcient.com
Key Metrics
Founded Year
2006
Location
Denver, United States
Stage
Acquired
Total Funding
$98.7M in 10 rounds
Latest Funding Round
Investors
Ranked
16th among 890 active competitors
Employee Count
183 as on Apr 30, 2026
Exit Details
Acquired by ConnectWise (Sep 10, 2024)
Legal entities associated with Axcient
Axcient is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AXCIENT, INC. CIN: 810557460 , Belgium, Active | Aug 05, 2008 | - | 148 (As on Dec 31, 2020) | - |
Axcient's acquisition details
Axcient got acquired by ConnectWise on Sep 10, 2024.
Click here to take a look at Axcient's acquisition in detail
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Axcient's funding and investors
Axcient has raised a total funding of $98.7M over 10 rounds. Its first funding round was on Sep 2008. Axcient has 10 institutional investors.
Here is the list of recent funding rounds of Axcient:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 22, 2016 | 4587879 | Series E | 6647401 | 4572714 | 1894740 | 7763890 |
Feb 18, 2015 | 6182202 | Venture Debt | 6520945 | 4893815 | 2492171 | |
Feb 18, 2015 | 7582201 | Series E | 8987885 | 3193287 |
View details of Axcient's funding rounds and investors
Axcient's founders and board of directors
Founder? Claim ProfileAxcient's employee count trend
Axcient has 183 employees as of Apr 26. Here is Axcient's employee count trend over the years:
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Axcient's Competitors and alternates
Top competitors of Axcient include Rubrik, Druva and Veeam. Here is the list of Top 10 competitors of Axcient, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Rubrik 2014, Palo Alto (United States), Public | Provider of cyber resilience platform for data and identity security | $553M | 79/100 | |
2nd | Druva 2008, Santa Clara (United States), Series H | Provider of cloud-based platform for data protection, security, and governance | $475M | 78/100 | |
3rd | Veeam 2006, Columbus (United States), Acquired | Provider of data resilience and cyber security solutions for enterprises | $1.04B | 77/100 | |
4th | Provider of cyber protection solutions, including backup, disaster recovery, and cybersecurity | $658M | 74/100 | ||
5th | Cohesity 2013, San Jose (United States), Series F | Cloud and AI based enterprise data backup and management solutions | $810M | 72/100 | |
6th | AvePoint 2001, Jersey City (United States), Public | Cloud based platform offering data backup and recovery solutions | $90M | 67/100 | |
7th | Veritas Technologies 1983, Santa Clara (United States), Acquired | Provider of data management and cyber resilience solutions for enterprises | $18.6M | 67/100 | |
8th | Provider of cloud data protection and recovery for SaaS applications | $80.6M | 67/100 | ||
9th | Datto 2007, Norwalk (United States), Acquired | Cloud based platform offering continuity management software | $100M | 67/100 | |
10th | Semperis 2013, Hoboken (United States), Series C | Provider of Active Directory and Entra ID security and recovery solutions | $368M | 66/100 | |
16th | Axcient 2006, Denver (United States), Acquired | Cloud-based business continuity management software provider | $98.7M | 63/100 |
Looking for more details on Axcient's competitors? Click here to see the top ones
Axcient's Investments and acquisitions
Axcient has made no investments or acquisitions yet.
News related to Axcient
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Object First Promotes Kelly Wells to Chief Operating OfficerBusiness Wire•Nov 07, 2024•Object First, Axcient
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Florida software company buys Denver data protection businessThe Business Journals•Sep 18, 2024•Axcient, ConnectWise
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K1 Acquires MariaDB, a Leading Database Software Company, and Appoints New CEOCIO Influence•Sep 10, 2024•K1 Investment Management, MariaDB, MariaDB, Axcient and 1 other
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Object First Appoints Andrew Wittman as Chief Marketing OfficerBusiness Wire•Feb 12, 2024•Object First, Axcient
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Axcient Welcomes Rob Haggerty, Vice President of Technical SupportGlobeNewswire•Dec 20, 2022•Axcient
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Axcient Hires Barracuda Veteran, Data Protection M&A Expert Rod Mathews as CEOChannelE2E•Oct 17, 2022•Axcient, Barracuda
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