Serg Bell

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Serg Bell
Serguei Beloussov

(1971-08-02) August 2, 1971 (age 51)
Other namesSerg Bell, SB
EducationMoscow Institute of Physics and Technology
Occupation(s)Businessman, investor, speaker, entrepreneur
Years active1992–present
Known forFounder of Acronis
Board member of
SpouseOznur Zer

Serg Bell (born as Serguei Beloussov on August 2, 1971 in Leningrad, Russian SFSR, Soviet Union) is a Singaporean businessman entrepreneur, investor and speaker, the founder and chairman of the board of Schaffhausen Institute of Technology and multiple global IT companies, including Acronis, a global data protection company, and is the senior founding partner of Runa Capital, a technology investment firm.[1] He is also executive chairman of the board and chief architect of Parallels, Inc., a virtualization technology company,[2][3] co-founder and chairman of the board of Acumatica, an enterprise resource planning software (ERP) company,[4][5] and co-founder of QWave Capital.[6]

His employees have filed more than 350 U.S. patents for him and an h-index of 40.[7]

In 2021 he officially changed his name to Serg Bell.[8]

Early life and education[edit]

Bell was born in 1971 in Leningrad and studied at 45th Physics-Mathematics School.[9] Bell later attended the Moscow Institute of Physics and Technology, graduating in 1992 with a bachelor's degree in physics. He received his master's degree in physics and electrical engineering in 1995, and a PhD in computer science in 2007.[10] Bell came to Singapore in 1994 and became a Singaporean citizen in 2001.[11][12]


While earning his master's, Bell co-founded his first business, Unium (Phystech College), which provided science students with course materials.[13] In 1992, he began working at a Russian computer company called Sunrise. Bell expanded the company's operations to 10 subsidiaries, becoming one of the largest PC retailers in Russia by the time he left in 1994. After leaving Sunrise, Bell founded and co-owned t Solomon Software SEA. Solomon Software SEA was a distributor and developer arm of mid-market ERP vendor Solomon Software in South-East Asia. Solomon Software was later acquired by Microsoft and is now known as Microsoft Dynamics SL.[14]

In 2000, Bell founded SWsoft, a privately held server automation and virtualization software company and the then-parent company of Parallels, Inc. and Acronis Inc.[15] Bell‘s family office is located in Luxembourg as Arici Lux Sarl.


In 2001, Bell founded Acronis as a storage management business unit of SWsoft. In 2003, Acronis was re-organized as a separate entity focused on backup and data protection software.[16] In 2022 Acronis employs over 2,000 people worldwide, and its products are available in 26 languages in over 150 countries.[17]

Bell has served on the board of directors since 2002. From 2007 to 2011, he turned his focus on Parallels, acting as CEO of the company. During this time he also founded a pair of venture capital funds, Runa Capital and QWave Capital. He returned as CEO of Acronis in May 2013, replacing former CEO Alex Pinchev.[18][19][20]

Chief Constructor & Founder & Executive Board Member of Acronis, SB previously served as Acronis’ Chief Executive Officer from 2013-2021. As of July 1, 2021, SB has stepped down as CEO of Acronis to focus on the company’s technology and research strategy as Chief Research Officer.[21] [22]

Parallels, Inc.[edit]

Parallels, Inc. was initially a server automation and virtualization software unit of SWsoft before it was spun off into as a separate entity and maintained its own distinct branding. In December 2007, SWsoft announced its plans to change its name to Parallels and ship both companies' products under the Parallels name. The merger was formalized in January 2008.[23][24] From 2007 to 2013, Bell led the company as CEO, while remaining on the board of directors at Acronis.[14][25]

Bell stepped down as CEO and serves as the executive chairman of the board and chief architect of Parallels, Inc. The company has more than 900 employees across offices in North America, Europe, Australia and Asia and as of 2012 it had 5,000 customers and partners worldwide.[26] Odin Automation, a service automation platform company owned by Parallels and founded by Beloussov, was sold to Ingram Micro in December 2015.[27]

Runa Capital[edit]

In August 2010, Bell co-founded Runa Capital. The $135 million technology venture capital firm that was created "to seek growth opportunities in the rapidly growing areas of the tech sector, with specific focus on cloud computing and other hosted services, virtualization and mobile applications." Since 2010, Runa Capital has invested in over 30 companies with a combined $10 billion in assets. Runa Capital's largest investment was a $10 million Series C funding round of Acumatica on November 18, 2013. The round was led together with Almaz Capital.[28][29]

Constructor group, formerly known as Schaffhausen Institute of Technology[edit]

Bell founded Schaffhausen Institute of Technology in 2019 in Switzerland.[30] Schaffhausen Institute of Technology is an international research-led university for selected areas in computer science, physics, and technology transformation. Due to slow development in Switzerland and for expansion of the market, Bell invested in private Jacobs university in Bremen, Germany, becoming its major shareholder.[31]

Other ventures[edit]

Bell is a co-founder and chairman of the board at Acumatica, a global cloud ERP company founded in 2007 with offices in Moscow, Singapore and Washington D.C.[32][33]

In 2012, Bell co-founded QWave Capital. The company's headquarter is in Boston.[34] QWave Capital has over $300 million in funds and has invested in four quantum technology companies: ID Quantique, Nano Meta Technologies, Clifton and Centrice.[35]

Between 2012 and 2017, Bellv sat on the Governing Board of the Centre for Quantum Technologies.[36] The Singapore-based research institute is a Research Centre of Excellence hosted by the National University of Singapore. The Centre brings together quantum physicists and computer scientists to explore the quantum nature of reality and the fundamental limits of information processing.

In 2021, he contributed to funding a new quantum computer startup company, QuEra, which is developing a 256-qubit machine.[37]

See also[edit]


  1. ^ "Our Team". Runa Capital. Retrieved March 24, 2014.
  2. ^ Loukianoff, Peter N. (September 22, 2009). "Russia's Other Natural Resource". Forbes. Retrieved October 1, 2015.
  3. ^ "Russian VC Invests $60 Million ($16.6 Million) In Israeli High Tech". Jewish Business Journal. October 16, 2013. Retrieved October 1, 2015.
  4. ^ Taleski, Julia (December 3, 2014). "Q&A: Acronis CEO Serguei Beloussov". ARN. Retrieved October 1, 2015.
  5. ^ Shirikov, Anton (May 27, 2014). "Serguei Beloussov is Turning Acronis Back into a Startup". Software Russia. Retrieved October 1, 2015.
  6. ^ "QUANTUM WAVE FUND". Retrieved November 5, 2018.
  7. ^ "Serguei Beloussov – Google Scholar Citations". Google Scholar. Retrieved August 15, 2018.
  8. ^ "From Russia with money: Silicon Valley distances itself from oligarchs". Washington Post. ISSN 0190-8286. Retrieved April 1, 2022.
  9. ^ "Монетизация квантов". Expert. No. 835. January 21, 2013.
  10. ^ Asohan, A. (March 11, 2015). "The incredible strangeness of being Serguei Beloussov". Digital News Asia. Retrieved October 1, 2015.
  11. ^ "Singapore Billionaire Serguei Beloussov Dishes on Bill Gates, Singapore's Early Days and the Modern Science of Software | Grit Daily News". Retrieved March 18, 2022.
  12. ^ Teng, Angela (October 29, 2017). "'Titles culture' in Singapore stifles entrepreneurial streak, say foreign-born businessmen". Today. Retrieved November 14, 2019.
  13. ^ Philip, Joji Thomas (January 8, 2015). "Serguei Beloussov: A hands-off approach to start-ups". Live Mint. Retrieved October 1, 2015.
  14. ^ a b Tay, Daniel (October 21, 2014). "From Russia to Singapore, this serial entrepreneur's 21-year journey is astonishing". TechInAsia. Retrieved October 1, 2015.
  15. ^ "Acronis backup strategy: Protect any data, anywhere". SearchDataBackup. February 27, 2014. Archived from the original on March 4, 2014. Retrieved April 16, 2014.
  16. ^ "'I am back': Acronis CEO Serguei Beloussov".
  17. ^ "Acronis Company Information and Details". Acronis. Retrieved March 29, 2022.
  18. ^ "Returning Acronis CEO plans Parallels universe". The Register. September 3, 2013. Retrieved April 16, 2014.
  19. ^ "Acronis co-founder slips into driving seat after CEO picks up P45". The Register. May 6, 2013. Retrieved April 16, 2014.
  20. ^ "When a company founder returns". CRN. December 19, 2013. Retrieved April 16, 2014.
  21. ^ "Acronis founder steps down as CEO after US$250m funding round; Patrick Pulvermueller succeeds him". Retrieved October 27, 2021.
  22. ^ "Acronis CEO steps down, GoDaddy exec steps in". SearchDataBackup. Retrieved October 27, 2021.
  23. ^ Vance, Ashlee (December 12, 2007). "SWsoft to abandon itself and become Parallels". The Register. Retrieved April 16, 2014.
  24. ^ Modine, Austin (January 30, 2008). "SWsoft Parallels does Virtuozzo Containers 4.0 thing". The Register. Retrieved April 16, 2014.
  25. ^ Anjum, Zafar (February 18, 2014). "Acronis CEO Serguei Beloussov". MIS-Asia. Retrieved October 1, 2015.
  26. ^ Khrennikov, Ilya (March 21, 2013). "Parallels Nears IPO While Advancing in $40 Billion Cloud Market". Bloomberg. Retrieved April 16, 2014.
  27. ^ "Parallels Holdings Sells Odin Service Automation Platform to Ingram Micro". Finsmes. December 7, 2015. Retrieved January 15, 2016.
  28. ^ "Acumatica Raises $10M in Series C Funding". FinSMEs. November 18, 2013. Retrieved April 16, 2014.
  29. ^ "Runa Capital". RusBase. Retrieved April 16, 2014.
  30. ^ "Private university thinks like a business to tackle skills shortage". SWI Retrieved October 27, 2021.
  31. ^ Zier, Jan (January 10, 2022). "Bremer Universität geht an Investor: Der russische Retter". Die Tageszeitung: taz (in German). ISSN 0931-9085. Retrieved July 15, 2022.
  32. ^ Starkell, Natasha (November 18, 2013). "Russian Acumatica Obtains $10 Million For Growth From Current Investors Runa and Almaz". GoalEurope. Retrieved April 16, 2014.
  33. ^ "Global cloud ERP vendor Acumatica secures $10 million from Runa Capital and Almaz Capital". RUSSOFT. November 21, 2013. Retrieved April 16, 2014.
  34. ^ Tibken, Shara. "Quantum computing goes mainstream? New VC fund debuts". CNET. Retrieved March 29, 2022.
  35. ^ Maynard, Brendan (June 20, 2013). "Russian quantum technologies fund QWave invests $7 million in three tech companies". GoalEurope. Retrieved April 16, 2014.
  36. ^ "Governing Board Members". Centre for Quantum Technologies. Retrieved April 16, 2014.
  37. ^ "News".