Axcient

Denver, United States Founded: 2006 • Age: 20 yrs Acquired By ConnectWise
Cloud-based business continuity and disaster recovery solutions are provided.
Annual revenue - Latest available
Total funding $98.7M 10 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Axcient

Axcient is a company based in Denver (United States) founded in 2006 was acquired by ConnectWise in September 2024. Axcient has raised $98.69 million across 10 funding rounds from investors including ConnectWise, Silver Lake and Peninsula Ventures. Axcient offers products and services including x360Recover, x360Cloud, and x360Sync. Axcient operates in a competitive market with competitors including Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.

  • Headquarter Denver, United States
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Axcient, Inc.
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $98.69 M (USD)

    in 10 rounds

  • Latest Funding Round
    $4 M (USD), Series E

    Aug 22, 2016

  • Investors
    ConnectWise

    & 6 more

  • Employee Count
    Not available
  • Acquired by
    ConnectWise

    (Sep 10, 2024)

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Products & Services of Axcient

Axcient offers a comprehensive portfolio of products and services, including x360Recover, x360Cloud, and x360Sync.

Product name locked
Category locked
Primary

Provides flexible BCDR for MSPs with hardware and cloud options.

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Backs up and restores Microsoft 365 and Google Workspace data.

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Enables secure file sharing and endpoint protection against ransomware.

People of Axcient

Headcount 200-500
Employee Profiles 12
Employee Profiles
People
Kathleen Southards
Technical Support Manager
People
Zack F.
GRC Analyst
People
Tanya Bower
Director Of Product Operations
People
J.j. Johnson
Partner Success Manager

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Funding Insights of Axcient

Axcient has successfully raised a total of $98.69M across 10 strategic funding rounds. The most recent funding activity was a Series E round of $4 million completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Axcient

Axcient has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include ConnectWise, Silver Lake and Peninsula Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Technology investing and private equity firm focused on partnerships.
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Early-stage US tech startups are invested in by Peninsula Ventures.
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Early-stage venture capital investments are focused on US companies.
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Investor details for Axcient

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Investments & Acquisitions by Axcient

Investments
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Investment portfolio details for Axcient

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  • Transaction dates
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Financial Statements - Axcient

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Detailed financials for Axcient

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Axcient Comparisons

Axcient Primary company
Description
Cloud-based business continuity and disaster recovery soluti...
Location
Denver, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Axcient

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Competitors of Axcient

Axcient operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based enterprise management solutions including backup and recovery are provided.
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IT backup and recovery solutions are provided via cloud platform.
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Converged data management solutions are provided for backup and recovery.
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Cloud and AI based enterprise data backup and management solutions
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Cloud based platform offering data backup and recovery solutions
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Cloud-based environments are delivered for application development and testing.
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Detailed competitors of Axcient

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Latest news on Axcient

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Complete news archive for Axcient

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Frequently Asked Questions about Axcient

Axcient was founded in 2006 and raised its 1st funding round 2 years after it was founded.

Axcient is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Axcient is a funded company, having raised a total of $98.69M across 10 funding rounds to date.

Axcient was founded in 2006 in Denver, United States, and operates in the cloud-based software sector focused on business continuity. Solutions for data storage and disaster recovery are offered, with real-time tracking of block-level changes across protected devices and transmission of only modified blocks to the cloud. Services include direct-to-cloud backups, cloud-enabled file management, Office 365 protection, DRaaS, and remote workplace solutions.

Axcient's top competitors include Acronis, Rubrik and Veeam.

Axcient offers x360Recover, x360Cloud, and x360Sync.

Axcient has 7 investors. Key investors include ConnectWise, Silver Lake, Peninsula Ventures, Scale Venture Partners, and Thomvest Ventures.

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