Druva Raises $130M in Funding

druvaDruva, Inc., a Sunnyvale, Calif.-based Cloud Data Protection and Management company, raised $130m in funding.

The round, which brought total capital raised to $328m, was led by Viking Global Investors, with participation from new investors certain funds advised by Neuberger Berman and Atreides Management, as well as existing investors including Riverwood Capital, Tenaya Capital, and Nexus Venture Partners.

The company intends to use the funds to accelerate growth and global expansion, as well as drive new product innovations.

Led by Jaspreet Singh, Founder and CEO, Druva provides a data protection and management platform for the cloud, built on AWS and offered as-a-Service. It delivers all-in-one backup, disaster recovery, archival and analytics solutions that deploy in a single click and provide 360-degree visibility and control across all environments. To date, over 4,000 enterprise customers have used Druva, including 10 percent of the Fortune 500, such as Flex, Hitachi, Live Nation, Marriott, and Pfizer.



Join the discussion