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Druva Secures $147 Million Investment to Extend Market Leadership
Tuesday, April 20, 2021 10:45AM IST (5:15AM GMT)
New Funding to Fuel Continued Innovation, Scale, and Expand Routes to Market for Druva Cloud Platform
Sunnyvale, Calif., United States:
Druva Inc., the leader in Cloud Data Protection and Management, today announced a $147 million investment as the company 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, which raises the company’s valuation above $2 billion, also included participation from existing investors Viking Global Investors and Atreides Management. As organizations quickly move workloads to cloud environments, adopt SaaS solutions, and combat rising cy
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