Druva Secures $147M in Funding


Druva Inc., a Sunnyvale, Calif.-based Cloud Data Protection and Management company, raised $147m in funding.

The round, which raised the company’s valuation above $2 billion, was led by Caisse de dépôt et placement du Québec (CDPQ), with participation from Neuberger Berman, and existing investors Viking Global Investors and Atreides Management.

The company intends to use the funds to accelerate expansion of the platform.

Led by Jaspreet Singh, founder and CEO, Druva provides thousands of companies worldwide with the Druva Cloud Platform, which enables organizations to centrally protect data, no matter where it lives: cloud environments, leading SaaS applications such as Microsoft 365, Google Workspace and Salesforce, hybrid environments, or endpoint devices.

Built for the public cloud with a microservices architecture, Druva Cloud Platform offers all-inclusive, consumption-based pricing.