Druva Raises $80M in Growth Equity Funding

Druva, a Sunnyvale, Calif.-based cloud data protection and management platform, raised $80m growth equity funding.

The round was led by Riverwood Capital, with participation from Sequoia Capital India, Nexus Venture Partners, Tenaya Capital, and other existing venture investors.

The company, which has raised approximately $200m in total funding, intends to use the capital to accelerate research and development, and expand go-to-market efforts worldwide.

Led by Jaspreet Singh, co-founder and chief executive officer, and Milind Borate, co-founder and chief technology officer, Druva provides a Cloud Data Protection and Management platform that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to enable data protection, governance and intelligence.
Earlier this month, the company announced the Druva Cloud Platform Tech Preview, which delivers a single view for protection and management of endpoints, servers, and cloud applications. The platform converges the Druva Phoenix and Druva inSync cloud solutions, and offers a unified view into services and data.

The company’s solutions are used by over 4,000 global organizations and protect over 40 petabytes of data.



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