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Funding Digest: Famozi, Druva & Eka Software

famoziEclat Lifestyle Private Ltd’s online footwear label Famozi has raised investment from Future Lifestyle Fashions Ltd (FLF), reports TechCircle. According to the report, the funding will be used for growing the brand’s pan-India presence.

Started in by Puneet Khanna, Amit Sachadev and Anurag Gupta in 2010-11, Famozi is currently available in Singapore, Dubai and other Middle East countries and shall soon be launching in Malaysia, Pakistan and England. The brand is presently only available in the men’s collection and will soon launch its women’s collection. Presently, DTDC and FirstFlight are its shipping partners.

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druvaData protection software provider Druva has raised $25 million as Series C investment from Sequoia Capital, Nexus Venture Partners and Tenaya Capital, reports Business Standard. The report states that Tenaya Capital Managing Director Tom Banahan  has joined the board of the company.

The investment secured will be used for R&D, to expand global sales and marketing, expansion of the company’s cloud infrastructure to support new deployments and also for its inSync platform, an integrated suite of endpoint data protection and governance solutions that is supposed to safeguard corporate information assets on desktops, laptops, tablets and smartphones in 76 countries. The product’s pricing starts at $2.50 per user per month. The company’s clientele includes PWC, Deloitte, GE Energy, Nikon, DHL, Louis Vuitton, among others.

Prior to this round, Druva had raised investment from Sequoia and IAN in 2010 followed by another round led by Nexus Venture Partners in 2011.

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ekalogoMulti-commodity trade and risk management solutions provider, Eka Software has raised investment from Silver Lake, a global private equity firm reports Economic Times. The report states that Bryce Lee, Managing Director at Silver Lake has joined the board of the company. It is not clear what the company intends to do with the investment raised.

The company claims to help buyers, sellers and traders of commodities manage their business across physical trading, risk management, derivatives, logistics, inventory and P&L with its products. Prior to this, Eka Software had raised from a round of investment from Nexus Venture Partners in 2009.

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