Druva

Druva Inc. is a privately-held software company based in Sunnyvale, California. The company provides SaaS-based data protection and management products for corporations and government agencies.[3] Druva products aggregate enterprise data from endpoints, data center, and cloud workloads for backup and restore, compliance monitoring, security, and other uses.[4][5]

Druva Inc.
TypePrivate
Industry
Founded2008
FoundersJaspreet Singh, Milind Borate, Ramani Kothandaraman
Headquarters
Sunnyvale, California, United States
Key people
Jaspreet Singh (CEO)
Milind Borate (CTO)
Products
  • Druva Phoenix
  • Druva inSync
  • Druva CloudRanger
Revenue $100.2 Million(2019)[1]
Number of employees
750[2] (2019)
Websitewww.druva.com

History

In 2008, Jaspreet Singh (CEO), Milind Borate (CTO), and Ramani Kothandaraman, who met working together at Veritas Software,[6] founded Druva in Pune, India.[2][7] In Sanskrit, "druva" translates to "North Star".[8] Initially, Druva focused on providing data management software to financial companies before shifting to general enterprise data management.[2]

In 2010, the company received Series A funding.[6] In 2011, the company added smartphone support for its inSync app[9] and received Series B funding.[10] The next year, the company moved its headquarters to Silicon Valley, and again shifted focus to cloud-based data management and protection.[2] (As of 2019, Druva continued to operate an R&D facility in Pune, where the company was originally based.[7]) By 2013, the company had grown 194 employees. NASA and Pfizer were Druva's clients.[11] The company raised Series C funding the same year.[12]

In 2014, Druva released its Phoenix server backup product[13] and received Series D funding.[14] By 2016, the company had grown to 400 employees,[15] and set up a subsidiary in Japan and an office in Tokyo.[8] Druva received more funding[16] and FedRAMP authority to operate in 2017.[17][18] In 2019, Druva grew to 750 employees and more than 4,000 customers, and opened an office in Singapore.[2] The company also received additional late-stage funding,[3] which brought its total amount invested to $328 million and its total valuation to more than $1 billion.[5]

Acquisitions

In 2018, Druva acquired Letterkenny-based CloudRanger, a back-up and disaster recovery company.[19] In 2019, Druva acquired CloudLanes to supplement its on-premises to cloud performance.[20][21]

Products

Druva creates and sells data protection and management products to companies and government agencies. These products aggregate enterprise data from endpoints, data centers, and cloud workloads for backup and restore, disaster recovery, archival and retention, compliance monitoring, data forensics, and other uses.[4][22] The company offers the following products:

  • Druva inSync – for endpoint devices such as laptops, smartphones, and tablets[23] as well as SaaS applications such as G Suite and Office 365[24]
  • Druva Phoenix – for physical and virtual file servers[25]
  • Druva CloudRanger – for AWS services and workloads[26]

All products operate on the Druva Cloud Platform, a cloud-native backup platform built on AWS that provides a centralized backup repository.[27][28]

Druva, Inc. has applied for and been granted a number of US patents related to data protection and management.[29]

Recognition

References
  1. https://www.druva.com/about/press-releases/druva-sets-the-pace-for-cloud-data-protection-surpassing-100-million-in-annual-recurring-revenue/#:~:text=SUNNYVALE%2C%20Calif.,company's%20continuous%2C%20hyper%2Dgrowth.
  2. Schubarth, Cromwell (19 November 2019). "Third time's the charm for data management and protection unicorn". Silicon Valley Business Journal. Retrieved 21 November 2019.
  3. Novinson, Michael (20 June 2019). "Data Protection Vendor Druva Raises $130M In Push Toward IPO". CRN. Retrieved 21 November 2019.
  4. Sawers, Paul (20 June 2019). "Cloud data management company Druva raises $130 million, passes $1 billion valuation". VentureBeat. Retrieved 21 November 2019.
  5. Cooper, Laura (20 June 2019). "Viking-Led Funding Round Elevates Druva to Unicorn Status". The Wall Street Journal. Retrieved 23 November 2019.
  6. Ganguly, Payal (11 July 2019). "From Pune to Sunnyvale: The Druva template for building a global SaaS leader". TechCircle. Retrieved 23 November 2019.
  7. Sangani, Priyanka (21 June 2019). "$130m funding brings unicorn tag to Druva". The Economic Times. Retrieved 21 November 2019.
  8. Mellor, Chris (21 April 2016). "Druva fills luggage with cash, heads to Japan". The Register. Retrieved 21 November 2019.
  9. Mearian, Lucas (10 February 2011). "Druva goes live with inSync backup app for enterprises". Computerworld. Retrieved 23 November 2019.
  10. Paul, Binu (20 June 2019). "Sequoia-backed SaaS firm Druva enters unicorn club with $130mn funding round". TechCircle. Retrieved 23 November 2019.
  11. Abrar, Peerzada (20 December 2013). "Druva: Startup by IITians sells data security software to NASA, Pfizer and Louis Vuitton". The Economic Times. Retrieved 23 November 2019.
  12. "Druva Raises $25M For Backup And File Sharing Platform". TechCrunch. 15 October 2013. Retrieved 23 November 2019.
  13. Vaughan-Nichols, Steven J. (10 October 2014). "Druva Phoenix: Not your usual cloud backup services". ZDNet. Retrieved 23 November 2019.
  14. Miller, Ron (6 August 2014). "Druva Lands $25M In Series D Funding To Expand Mobile Data Protection Strategy". TechCrunch. Retrieved 23 November 2019.
  15. "Taking Front Seat In India's Exploding Money-Making Cloud". dataeconomy.com. Retrieved February 20, 2019.
  16. Mellor, Chris (22 August 2017). "End-point backupper Druva stuffs sack with another $80m in VC cash". The Register. Retrieved 21 November 2019.
  17. Adams, Ramona (3 November 2017). "Druva Obtains FedRAMP Authorization for Data Mgmt-as-a-Service Offering". ExecutiveBiz. Retrieved 23 November 2019.
  18. Trumbull, Ty (7 December 2017). "Druva Cloud Data Protection Service Gains Momentum". ChannelE2E. Retrieved 23 November 2019.
  19. Taylor, Charlie (5 June 2018). "Letterkenny-based tech start-up snapped up by Silicon Valley company". The Irish Times. Retrieved 21 November 2019.
  20. Wheatley, Mike (16 July 2019). "Druva acquires CloudLanes to bring cloud-native data protection to the edge". SiliconAngle. Retrieved July 26, 2019.
  21. Lunden, Ingrid (20 June 2019). "SaaS data protection provider Druva nabs $130M, now at a $1B+ valuation, acquiring CloudLanes". TechCrunch. Retrieved 21 November 2019.
  22. Brightmore, Dan (29 January 2019). "Druva: 'We are data management-as-a-service'". Business Chief. Retrieved 21 November 2019.
  23. Mellor, Chris (2 April 2012). "Druva adds BYOD crenellations to its data fortress". The Register. Retrieved 21 November 2019.
  24. Mellor, Chris (21 March 2016). "Druva boxes clever". The Register. Retrieved 21 November 2019.
  25. Mellor, Chris (4 February 2016). "Druva shows us its DRaaS and it's full of BADness". The Register. Retrieved 21 November 2019.
  26. Novinson, Michael (25 February 2019). "2019 Security 100: 20 Coolest Data Protection And Identity Access Management Vendors". CRN. Retrieved 21 November 2019.
  27. Aggarwal, Varun (20 June 2019). "Cloud start-up Druva in Unicorn club as $130 mn funding takes its valuation past $1 bn". The Hindu BusinessLine. Retrieved 21 November 2019.
  28. Mellor, Chris (13 November 2017). "Back up bod Druva paddles even further up the Amazon". The Register. Retrieved 21 November 2019.
  29. "Patent Database Search Results: Druva in US Patent Collection". patft.uspto.gov. Retrieved Feb 2, 2019.}
  30. "Critical Capabilities for Enterprise Endpoint Backup" (PDF). Pushan Rinnen, Dave Russell, Alan Dayley (2012-10-9). Retrieved February 20, 2019.
  31. "Critical Capabilities for Enterprise Endpoint Backup". Pushan Rinnen, Dave Russell, Alan Dayley (2013-10-24). Retrieved February 20, 2019.
  32. "Critical Capabilities for Enterprise Endpoint Backup". Gartner.com. Retrieved February 20, 2019.
  33. "2016 Technology Fast 500" (PDF). Deloitte. 2016. Retrieved 23 November 2019.
  34. "2017 Technology Fast 500" (PDF). Deloitte. 2017. Retrieved 23 November 2019.
  35. "2018 Technology Fast 500 Winners". 2018. Archived from the original on 15 November 2018. Retrieved 23 November 2019.
  36. "2019 Technology Fast 500 Ranking" (PDF). Deloitte. 2019. Retrieved 23 November 2019.
  37. "2016 Stevie Award for Sales and Customer Service". Steveawards.com. Retrieved June 27, 2019.
  38. "2017 Stevie Award for Sales and Customer Service". Steveawards.com. Retrieved June 27, 2019.
  39. Bidkar, Tejas (5 November 2019). "Druva's NPS milestone of 86 and our DNA for customer success". Druva. Retrieved 16 December 2019.
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