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Singapore-headquartered cybersecurity firm Acronis raised $250 million in Series E

Acronis, a Singapore and Switzerland headquartered unicorn, raised $250 million from institutional investors in its Series E round of funding. The firm plans to use these funds to scale its team across different verticals and execute M&A deals for business expansion.

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This article has been summarised for quick read. You can find the original article on Deal Street Asia.