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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 955 active competitors, including 63 funded and 109 that have exited. Its top competitors include companies like Veeam, Rubrik and Cohesity.

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.
Social
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Key Metrics
Founded Year
2006
Location
Denver, United States
Stage
Acquired
Total Funding
$98.7M in 10 rounds
Latest Funding Round
Ranked
Employee Count
183 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by ConnectWise (Sep 10, 2024)

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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 22, 2016
3346997
Series E
9212650
7552560
1607855
2675578
Feb 18, 2015
7999740
Series E
6393217
4623742
2252359
Feb 18, 2015
2973141
Venture Debt
9571512
3484094
9604077
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Axcient's founders and board of directors

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Axcient's employee count trend

Axcient has 183 employees as of Apr 26. Here is Axcient's employee count trend over the years:
Employee count trend for Axcient
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Axcient's Competitors and alternates

Top competitors of Axcient include Veeam, Rubrik and Cohesity. Here is the list of Top 10 competitors of Axcient, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Veeam
Veeam
2006, Seattle (United States), Acquired
Provider of data resilience and cyber security solutions for enterprises
$1.04B
79/100
2nd
Logo for Rubrik
Rubrik
2014, Palo Alto (United States), Public
Provider of cyber resilience platform for data and identity security
$553M
78/100
3rd
Logo for Cohesity
Cohesity
2013, San Jose (United States), Series F
Cloud and AI based enterprise data backup and management solutions
$810M
74/100
4th
Logo for Druva
Druva
2008, Santa Clara (United States), Series H
Provider of investment and venture capital services for early-stage technology companies
$475M
74/100
5th
Logo for Acronis
Acronis
2003, Schaffhausen (Switzerland), Acquired
Provider of cyber protection solutions, including backup, disaster recovery, and cybersecurity
$658M
69/100
6th
Logo for Keepit
Keepit
2002, Copenhagen (Denmark), Series B
Provider of cloud data protection and recovery for SaaS applications
$80.6M
69/100
7th
Logo for Semperis
Semperis
2013, Hoboken (United States), Series C
Provider of Active Directory and Entra ID security and recovery solutions
$368M
68/100
8th
Logo for Quantum
Quantum
1980, San Jose (United States), Acquired
Provider of data management solutions designed for the AI era
-
67/100
9th
Logo for Veritas Technologies
Veritas Technologies
1983, Santa Clara (United States), Acquired
Provider of data management and cyber resilience solutions for enterprises
$18.6M
67/100
10th
Logo for Eon
Eon
2024, New York City (United States), Series D
Provider of cloud infrastructure for data protection and analytics access
$497M
67/100
37th
Logo for Axcient
Axcient
2006, Denver (United States), Acquired
Cloud-based business continuity management software provider
$98.7M
54/100
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Axcient's Investments and acquisitions

Axcient has made no investments or acquisitions yet.

Reports related to Axcient

Here is the latest report on Axcient's sector:

News related to Axcient

lockFilter this list
•
Florida software company buys Denver data protection businessThe Business Journals•Sep 18, 2024•Axcient, ConnectWise
•
Axcient Announces Bryce Roberts As New Vice President ofBusinessFortNight•Jul 10, 2023•Axcient
•
ConnectWise announces updatesChannelLife•Jun 07, 2023•ConnectWise, Axcient
•
Axcient Earns 5-Star Rating in CRN Partner Program GuideBusinessFortNight•Mar 28, 2023•Axcient
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