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CDPQ leads USD 147-million growth round in Druva, a global leader in cloud data protection

Share this article Share this article MONTRÉAL, April 19, 2021 /PRNewswire/ - Caisse de dépôt et placement du Québec (CDPQ), a global investment group, announced a USD 100-million investment in Druva, a global leader in cloud data protection and management. Three existing shareholders — Neuberger Berman, Viking Global Investors and Atreides Management — also participated in this growth round led by CDPQ and totalling USD 147 million. As part of the agreement, CDPQ is joining Druvas ...
United States United Kingdom Jaspreet Singh Neuberger Berman Druva Saa Martin Laguerre

SaaS startup Druva gets $147 million funding at $2 billion valuation

SaaS startup Druva gets $147 million funding at $2 billion valuation SECTIONS Last Updated: Apr 19, 2021, 07:15 PM IST Share Synopsis Druva will use the funding from investors CDPQ and Neuberger Berman for product development and expand into the Nordics and Australia, Jaspreet Singh, CEO of the California-based SaaS startup says. Getty Images Pune:Druva, a cloud data protection and management firm has raised $147 million in a funding round led by Canada’s Caisse de dépôt et placement du Qu�...
United States Charles Kantor Phil Goodwin Jaspreet Singh Neuberger Berman Alexandre Synnett

Druva Hits $2B Valuation With New $147M Funding

Druva Hits $2B Valuation With New $147M Funding ‘With the growth and momentum in the market and the growth in our platform, this is the right time to double down and invest into better innovation, better channel partners, better marketing options, international expansion, all those areas we had already been doing, but on a larger scale,’ says Druva CEO and Founder Jaspreet Singh. By Joseph F. Kovar April 19, 2021, 09:09 AM EDT Cloud-based data protection an...
Jaspreet Singh Viking Global Investors Atreides Management Druva Cloud Platform Google Workspace Cloud Storage
Source: crn.com

Data security startup Druva's valuation doubles to $2 bn on raising $147 mn

Druva, a data-protection startup that counts US space agency NASA and drugmaker Pfizer among its customers, has received $147 million investment as it rapidly scales in response to accelerated demand for its platform. The fundraise was led by Caisse de dépôt et placement du Québec (CDPQ), a global investment group, with a significant investment by Neuberger Berman, each of which manage more than $300 billion in net assets. The round has increased the Pune and California-based company’s va...
United States Charles Kantor Phil Goodwin Jaspreet Singh Neuberger Berman Alexandre Synnett

Pandemic Pushes 89 Percent of Indian IT Leaders to Protect Organizational Data from Ransomware According to New Survey

Druva Inc. Pandemic Pushes 89 Percent of Indian IT Leaders to Protect Organizational Data from Ransomware According to New Survey Thursday, January 28, 2021 12:23PM IST (6:53AM GMT) Half of Indian IT leaders see a permanent increase in value of data as organisations accelerate digital transformation in 2020 Value of Data Report   Sunnyvale, Calif., United States & Pune, India:   Druva Inc., the leader in Cloud Data Protection and Ma...
United States United Kingdom Sagar Desai Druva Inc Sequoia Capital Head Marketing Communications

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Pandemic Pushes 89 Percent of Indian IT Leaders to Protect Organizational Data from Ransomware

Technuter Druva announced further results from its inaugural 2020 Value of Data Report, highlighting the rising enterprise technology trends in India. The global survey, commissioned by Druva, offers insights from over 1,000 IT decision makers (ITDMs) in India, the US and UK, and underpins the importance of maximizing the value of data as businesses continue to navigate an unprecedented worldwide situation. As organizational reliance on data continues to rise amid the pandemic, the survey unco...
United Kingdom Data Report Chief Development Officer Druva Cloud Platform ஒன்றுபட்டது கிஂக்டம் தகவல்கள் அறிக்கை

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