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MOUNTAIN VIEW, CA -- (Marketwired) -- 09/16/14 -- Axcient, the leader in cloud-based Recovery-as-a-service (RaaS), today announced the acquisition of the business and technology of DirectRestore LLC, a leading granular recovery technology provider. Terms of the agreement are undisclosed.
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"Since inception, we've believed in building our platform from the ground up and owning our technology stack. We wanted to ensure that we maintain control over our roadmap and therefore our customers' experience. With this acquisition, we are staying true to this philosophy," said Justin Moore, CEO of Axcient. "We evaluated several vendors in the past, and this acquisition by far made the most sense from both a product and cultural perspective. We are extremely excited about merging the talented DirectRestore team into the Axcient family, and with the addition of our development center in Russia, we celebrate the fourth office we've opened worldwide."
"Data is the lifeblood of any business and protecting that lifeblood is not an option; it's a necessity for any organization," said Emil Sildos, founder of DirectRestore. "Axcient is the only company that delivers a comprehensive end-to-end platform for data, application and system replication and recovery on the market. The DirectRestore technology is a natural fit for Axcient, and we're thrilled to become part of the Axcient team. We look forward to leveraging Axcient's leading reputation, experience and resources to bring new exciting recovery products to market."
Tweet this: .@Axcient acquires @DirectRestore to support broader #DisasterRecovery capabilities and expand R&D by 30% #acquisition
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About Axcient
Axcient's cloud platform eliminates data loss, keeps applications up and running, and makes sure that IT infrastructures never go down. Designed for today's always-on business, Axcient replaces legacy backup, business continuity, and disaster recovery software and hardware, and reduces the amount of expensive copy data in an organization by as much as 80 percent. By mirroring an entire business in the cloud, Axcient makes it simple to access and restore data from any device, failover IT systems, and virtualize your entire office with a click -- all from a single duplicated copy. Trusted by thousands of businesses to store and protect more than 10 billion files and applications, Axcient maximizes productivity, reduces cost, and eliminates risk. The company is headquartered in Mountain View, Calif.
Media Contact
Danielle Salvato-Earl
Kulesa Faul for Axcient
(650) 922-7287
axcient@kulesafaul.com
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