5Nine, Inc.

5Nine, Inc. provides virtualization and security solutions, specifically tailored for Microsoft Hyper-V environments, helping businesses manage their cloud resources efficiently and securely. Founded in 2009 and headquartered in the US, 5Nine, Inc. specializes in virtualization solutions.

In December 2019, the company was acquired by Acronis International GmbH for an undisclosed amount. The CEO, Scott Sanders, leads the company with experience in the IT sector. 5Nine specializes in virtualization and security solutions focused on Microsoft Hyper-V environments. Their flagship products include 5Nine Cloud Manager for managing cloud resources and 5Nine Security for Hyper-V, which provides protection against threats in virtualized settings.

Targeted towards IT administrators and businesses, these solutions enhance operational efficiency and security compliance, catering to managed service providers, enterprise IT departments, and various organizations across North America, Europe, and parts of Asia. 5Nine generates revenue through subscription-based models and direct licensing of software products. Clients sign annual subscriptions that ensure access to updates, support, and new features. Pricing is tiered based on the number of virtual machines or features utilized, catering to small and large enterprises alike.

Partnerships with cloud service providers further contribute to revenue, expanding distribution avenues. 5Nine plans to leverage the recent acquisition by Acronis International GmbH to enhance its product offerings with new developments set for release in the coming years. The company is also considering expanding its market presence in Europe and parts of Asia by 2022. The funding from the acquisition will support the development of new products and expansion into these key markets.