wordpress blog stats
Connect with us

Hi, what are you looking for?

Druva raises another $25M from existing investors

druvaData protection startup Druva raised $25 million in a Series D round of funding from existing investors Sequoia Capital, Tenaya Capital and Nexus Venture Partners. The startup will use the funds for new product enhancements, to diversify its product portfolio and further expand into international markets.

The same investors had previously invested $25 million in Druva, October last year. With this investment, Druva will have raised a total of $67 million since 2010.

Druva offers data protection services for enterprises with its core product inSync. inSync uploads data from employee phones, tablets, laptops and other devices to its cloud servers. This provides a redundancy in case the said device is lost.

Jaspreet Singh, the CEO of Druva said the company will be looking to go beyond data protection by leveraging the already collected inSync data. For example, Druva recently started working with eDiscovery vendors like AccessData and Recommind to help remove content involved in lawsuits from devices backed-up using inSync.

The startup currently includes Dell, Hitachi, Kronos, Pfizer, Reckitt Benkhiser, Shire and RHI etc. as its clients. Overall the company claims to have an enterprise customer base of over 3000 companies in 76 countries with 2.8 million devices covered.

Druva was founded in 2008 and is headquartered in the Silicon Valley. It currently employs over 200 employees and is looking to have over 300 by the end of the year.

Advertisement. Scroll to continue reading.

 

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

News

In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

News

By Jai Vipra, Senior Resident Fellow at Vidhi Centre for Legal Policy The use of new technology, including facial recognition technology (FRT) by police...

News

By Stella Joseph, Prakhil Mishra, and Yash Desai The Government of India circulated proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“E-Commerce Rules”) which...

News

By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....

You May Also Like

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ