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Druva Secures $147 Million Investment to Extend Market Leadership

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

Atlast raises $40m to expand whole cut plant-based meat production

Apr 20, 2021 Atlast Food Co., the mycelium food company growing the future of plant-based meats, announced it has raised $40 million in a Series A round to develop and supply whole cut plant-based meat to partners around the globe, including directly to consumers through its own brand MyEats. Viking Global Investors led the round with participation from 40 North, AiiM Partners, Senator Investment Group, Stray Dog Capital, Footprint Coalition Ventures and others. Also joining were the leaders and founders of food and CPG companies, including Applegate, Stonyfield, and Whole Foods. This funding will support the further development and scaling of this technology and team.

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India-born Druva raises $147M at $2B valuation

India-born Druva raises $147M at $2B valuation ​ By IANS | ​ 5 Views Dollar.. Image Source: IANS News Pune, April 19 : Cloud data protection and management company Druva on Monday announced it has raised $147 million led by CDPQ, a global investment group, taking its valuation to $2 billion. The latest funding also has a significant investment by New York-based Neuberger Berman. Founded by CEO Jaspreet Singh and Milind Borate (co-founder and CTO) in Pune in 2008, the entire R&D work at the company is being done from India. Druva which has now moved its headquarters to Sunnyvale, California, said in a statement that the new investment will fuel continued expansion of its cloud platform to meet today s unprecedented needs, and extend the company s industry leadership as it defines tomorrow s data protection.

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