Entrepreneur of the Month – Serguei Beloussov

Every month, a new entrepreneur, a new inspiration

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To boost up your knowledge we are here with the next release of our new series- Entrepreneur Of The Month, this month we have the Russian-born Singaporean who built a billion dollar IT empire,  Serguei Beloussov, CEO and chairman of the board of Acronis,  the co-founder, a global data protection company and is the senior founding partner of Runa Capital, a technology investment firm, among other business ventures.

 

In The News !

In May 2013, Beloussov returned as chief executive officer of Acronis, the data protection company he co-founded and had left in 2008 after disputes between management and promoters. Since then he has been trying to grow the company to a couple of billion dollars in revenue, from a couple of hundred million right now—target is a ten-fold growth in revenue.  To fulfil that purpose, Acronis, a global leader in data protection, has opened an R&D centre in Singapore and is looking to invest more than 55 million dollars over the next five years in the innovation activities. Research scope of the centre, to host 120-150 engineers, will include efficient data storage and processing, optimised data transfer protocols, data security and mobile data protection.

 

Know thy Entrepreneur

Serguei Beloussov, is a man used to getting his way and with little patience for tardiness, but willing to accommodate other opinions too. Certainly the first part explains why, in 2013, he returned to take back the reins of the company he had founded in 2001 and which he had effectively – in terms of managing the company at least – left in 2007. For Beloussov, that future is the cloud. He and his partners founded Acronis in 2001 in Singapore as a business unit within SWsoft, a server automation and virtualisation software company and the parent company of Parallels Inc, which Beloussov also founded.  he wants Acronis to become a billion-dollar company. More than once, at the Malaysian launch, the Russian-born entrepreneur emphasised that he is now a Singaporean citizen.

He remains a senior partner at Runa Capital venture fund, which amongst other areas, has invested in companies developing teleportation technologies, and executive chairman of Parallels. Before returning to Acronis, he had also cofounded Qwave Capital venture fund, created to support advanced quantum technologies.

By Simmy Singh

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