Arcserve, an innovator in unified data resilience solutions, announced today that a significant investment from H.I.G. WhiteHorse and Monroe Capital will further develop and deliver high-quality data protection and recovery solutions to its customers. The company also appointed Chris Babel, a leader with a 20-year track record of driving success, as CEO.
Arcserve is committed to helping companies protect and recover their data while increasing value. Babel joined Arcserve from TrustArc, where he served as CEO from 2009 to 2023 and turned the company into a global leader in privacy compliance and risk management. His prior experience includes leadership roles of increasing complexity and impact at Verisign, where he ran the global security business, solving customer needs in over 150 countries.
Arcserve provides cost-effective and scalable data protection and certainty across all data environments. The company continues to expand its Unified Data Protection and Recovery solutions to help customers succeed.
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“We are thrilled to welcome Chris Babel as the new CEO of Arcserve. Chris is a transformative leader and industry visionary who brings significant experience in establishing businesses as global leaders in the security arena. Our customers face an expanding threat landscape, and we are confident that Chris is the right person to lead the company as it continues its mission to keep global businesses and their data secure.”
- Mark Bernier, Managing Director at H.I.G. WhiteHorse
“Arcserve’s track record of innovation and customer commitment positions it at the forefront of the rapidly evolving data resilience market. We are excited to support the company as it enters this next chapter of growth. Our investment will allow Arcserve to continue developing customer-centric innovative products and solutions globally. We look forward to supporting Chris and the leadership team as they enable more organizations to protect, access, and leverage their data through any challenge.”
- Matt London, Managing Director at Monroe Capital
“Every day, the volume and value of data grows for businesses. Data has truly become business-critical and the lifeblood of organizations, making it imperative for businesses to ensure its availability. With this investment, we will accelerate Arcserve’s development of innovative offerings and help businesses address the crucial challenge of protecting and leveraging their data in the face of increasing cyber threats and AI opportunities.”
- Arcserve’s new CEO, Chris Babel
