What is Druva?
Founded in 2008 and headquartered across California and Europe, Druva offers a comprehensive cloud platform designed for data protection and management. The company serves a global clientele, providing essential services that help organizations safeguard and manage their data in an increasingly complex digital environment. Druva's solutions are critical for businesses seeking robust data resilience and compliance in the cloud era.
How much funding has Druva raised?
Druva has raised a total of $475M across 8 funding rounds:
Series B
$12M
Series C
$25M
Series D
$25M
Series E
$51M
Private Equity
$80M
Private Equity
$130M
Other Financing Round
$147M
Series B (2011): $12M led by Nexus Venture Partners and Steamboat Ventures
Series C (2013): $25M supported by Nexus Venture Partners, Tenaya Capital, and Steamboat Ventures
Series D (2014): $25M featuring Nexus Venture Partners, Steamboat Ventures, and Tenaya Capital
Series E (2016): $51M backed by EDBI, Steamboat Ventures, Blue Cloud Ventures, Tenaya Capital, Nexus Venture Partners, and NTT Finance
Private Equity (2017): $80M, investors not publicly disclosed
Private Equity (2019): $130M led by Tenaya Capital, Riverwood Capital, Nexus Venture Partners, Atreides Management, Neuberger Berman, and Viking Global Investors
Other Financing Round (2021): $147M supported by Neuberger Berman and Caisse de dépôt et placement du Québec
Key Investors in Druva
Neuberger Berman
Founded in 1939, Neuberger Berman Group LLC is an independent, employee-controlled asset management company providing a broad range of global investment solutions. They are based in New York, New York.
Caisse de dépôt et placement du Québec
Founded in 1965, Caisse de dépt et placement du Québec is a full service portfolio investment company managing institutional funds, primarily from public and private pension and insurance funds in Quebec. The company is headquartered out of Montreal, Quebec.
EDBI
EDBI is a global investor based in Singapore, focusing on high-growth technology sectors since 1991. The company aims to create value and empower businesses to build sustainable legacies through strategic investments.
What's next for Druva?
The substantial enterprise-level funding Druva has attracted, culminating in its total capital of $475M, positions the company for aggressive scaling and market penetration. The recent strategic investment of $147M signals strong investor confidence and likely indicates a focus on expanding its product suite, enhancing its cloud infrastructure, and potentially pursuing strategic acquisitions. Druva is poised to further solidify its leadership in the data protection and management sector, leveraging this capital to drive innovation and capture greater market share.
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