[Funding alert] Druva raises $147M at $2B valuation from CDPQ, Neuberger Berman, others yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
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 valuation above $2 billion. The financing round also included participation from existing investors Viking Global Investors and Atreides Management. “The unprecedented events of 2020 have ushered in a generational cloud transformation for businesses, and data’s increasing value is at the very heart of it,” said Jaspreet Singh, co-founder and CEO, Druva. He said Druva pioneered the cloud data protection category almost a decade ago. This has led the way in defining the architecture, busine
Druva, the Indo-US cloud data protection and management unicorn, has raised $147 million in a new round of funding. The funding was led by Caisse de dépôt
Druva Secures $147 Million Investment to Extend Market Leadership ibtimes.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com.au Daily Mail and Mail on Sunday newspapers.
Druva Inc., a cloud data protection and management firm, has raised $147 million to scale up operations. The fundraising was led by Caisse de dépôt et placement du Québec (CDPQ), a global investment g