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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 Druva's Board of Directors. The Druva Cloud Platform enables organizations to centrally protect data irresp...

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 Québec (CDPQ), with significant participation by investment management firm Neuberger Berman. Both the...

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 and data management technology developer Druva on Monday unveiled a new funding round which brought th...

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 Vi...

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 Management, today announced further results from its inaugural 2020 Value of Data Report, highlighting...