Druva Software

Druva Inc
Privately funded
Industry Backup & Recovery
Founded 2008
Founders Jaspreet Singh, Co-founder and CEO, Milind Borate, Co-founder and CTO, Ramani Kothandaraman, Co-founder and Managing Director, India
Headquarters Sunnyvale, California
Number of locations
7
Products Druva Insync Druva Phoenix
Number of employees
200-500
Website www.druva.com

Druva is a cloud data protection and information management provider for both end user and server data. The company is privately held and is backed by Nexus Venture Partners, Sequoia Capital, Tenaya Capital, NTT Finance, EDBI, Hercules Capital and Blue Coat Ventures. Druva was founded in 2008 and is headquartered in Sunnyvale, California, with additional offices in India, the United Kingdom, Germany, Singapore, Japan, and Australia.[1] Druva was included in Gartner's "cool vendors" list in 2012[2] and also rated #1 in their report Critical Capabilities for Enterprise Endpoint Backup in 2012,[3] 2013[4] and 2015.[5] The company provides data protection, and governance services to over 3,000 mid- to large-enterprise customers across a wide range of industries that includes technology, manufacturing, healthcare, education, government, retail, and financial services.[6] They currently have three Druva assigned patents for "distributed scalable deduplicated data backup system",[7] "efficient deduplicated storage with tiered indexing,"[8] and "pre-population of data for replication of data backups." [9]

Executive Team

Funding Timeline

2010 - $5M Series A

Druva raised $5M in Series A investments from Sequoia Capital India and IAN in March 2010.[10]

2011 - $12M Series B

A further $12M was raised in Series B investments from Sequoia and Nexus in August 2011.[11]

2013 - $25M Series C

In October 2013, Druva received $25 million Series C investment from Sequoia Capital, Nexus Venture Partners, and Tenaya Capital.[12]

2014 - $25M Series D

In August 2014, Druva received a $25 million Series D investment from Sequoia Capital, Nexus Venture Partners, and Tenaya Capital.[13][14] Total funding as of January 2015 is $67 million.

2016 - $51M Series E

In September 2016, Druva received a $51 million Series E investment led by Sequoia Capital and EDBI. The round was also joined by new investors Blue Cloud Ventures and Hercules Capital, and existing investors Nexus Venture Partners, Tenaya Capital and NTT Finance.[15]

Products

Druva inSync

Druva inSync is a highly scalable solution for the mobile workforce and converges data availability (backup, restore, and share) and data governance (DLP, eDiscovery enablement, tamper-proof audit trails, and compliance management via full text search and alerts)[16] into a single platform across end-user information on endpoints and cloud applications.[17] Druva inSync offers both on-premises and Cloud options with the vast majority of all new businesses deployed in the cloud.[18] inSync added private cloud capabilities in 2013, adding scalability and flexibility for large enterprises.[19]

Druva has been aiming to go beyond simple backup by offering an integrated end user data protection and management solution. The company was early to market with a unified platform for endpoint backup, sync and share, mobile support, and data loss prevention (DLP). It has since added more compliance and governance and analytics capabilities, as well as backup capabilities for cloud file sync and share applications.[20] Druva supports AWS (Amazon) and Azure (Microsoft) global data centers as backup storage destinations to expand its global presence and to meet regional data residency laws and regulations.[21]

Timeline of major releases[22]

Druva Phoenix

Druva Phoenix is a cloud-based solution for data backup and restore needs of distributed servers. Phoenix leverages upon the reliability of the Amazon Web Services infrastructure to ensure elastic scalability and tight security for server data needs.[23] Phoenix uses the same underlying cloud architecture as inSync but is optimized for server data sets and supports both physical and virtual server environments. Druva Phoenix has application-specific agents for server workloads such as Microsoft SQL Server and provides a proxy-based solution for VMware VSphere, additional agents are expected in the next release.[24]

On February 2, 2016,[25] Druva announced Disaster Recovery (DR) functionality to extend its converged cloud-based data protection solution for Druva Phoenix. Phoenix’s DR capability enables organizations to continuously back up their VMware environments, and automatically recover and spin-up their virtual machines in the AWS public cloud when disaster strikes, ensuring business continuity and eliminating the need for additional dedicated on premises software, storage or hardware, significantly reducing cost and improving agility.[26]

Timeline of major releases

Awards and Honors

See also

References

  1. http://techcrunch.com/2013/03/29/sequoia-capital-in-singapore-after-a-year-has-yet-to-invest-in-a-local-startup/
  2. http://www.gartner.com/technology/research/cool-vendors/
  3. https://www.gartner.com/doc/2191815
  4. https://www.gartner.com/doc/2613020
  5. http://www.storagenewsletter.com/rubriques/market-reportsresearch/gartner-report-critical-capabilities-for-enterprise-endpoint-backup/
  6. http://www.druva.com/customers
  7. http://www.storagenewsletter.com/rubriques/cloud-online-backup-ssps-msps/druva-assigned-patent-2/
  8. http://www.storagenewsletter.com/rubriques/software/druva-assigned-patent/
  9. http://patents.justia.com/assignee/druva-inc
  10. http://www.prnewswire.com/news-releases/druva-raises-series-a-from-sequoia-capital-90095887.html
  11. http://www.venturecapitalupdate.com/funding/08/30/druva-raises-12-m-of-series-b-funding.html
  12. Williams, Alex (October 15, 2013). "Druva Raises $25M For Backup And File Sharing Platform". TechCrunch. Retrieved October 25, 2013.
  13. http://techcrunch.com/2014/08/06/druva-lands-25m-in-series-d-funding-to-expand-cloud-data-protection-strategy/
  14. Miller, Ron. "Druva Lands $25M In Series D Funding To Expand Mobile Data Protection Strategy". TechCrunch.Com. TechCrunch.
  15. https://techcrunch.com/2016/09/28/eyeing-an-ipo-druva-raises-51m-for-its-data-backup-recovery-and-discovery-services/
  16. http://searchdatabackup.techtarget.com/news/4500255452/Druva-looks-to-enhance-e-discovery-jobs-with-Mobile-Forensics
  17. http://www.theregister.co.uk/2015/11/02/endpoint_protectors_spread_their_wings
  18. http://www.it-analysis.com/technology/data_mgmt/news_release.php?rel=35060
  19. http://www.computerweekly.com/news/2240177561/Endpoint-backup-scales-past-100000-with-Druva-inSync
  20. http://searchdatabackup.techtarget.com/news/4500248371/Druva-inSync-adds-cloud-to-cloud-backup-Office-365-support
  21. http://betanews.com/2015/11/03/druva-extends-its-protection-to-azure/
  22. http://www.druva.com/about/
  23. http://docs.druva.com/Phoenix/docs
  24. http://www.druva.com/blog/druva-adds-proactive-compliance-support-for-vmware-and-govcloud/
  25. http://www.storagereview.com/druva_adds_disaster_recovery_to_their_backup_and_archival_solution_phoenix
  26. http://siliconangle.com/blog/2016/02/02/druva-puts-all-in-one-twist-on-its-cloudy-data-protection-service/
  27. http://www.zdnet.com/article/druva-phoenix-not-your-usual-cloud-backup-services/
  28. http://www.druva.com/blog/druva-adds-proactive-compliance-support-for-vmware-and-govcloud/
  29. http://betanews.com/2015/12/15/new-endpoint-protection-offers-government-users-security-for-the-public-cloud/
  30. http://betanews.com/2016/02/02/new-cloud-solution-offers-one-stop-backup-archive-and-recovery/
  31. https://www.gartner.com/doc/2613020
  32. https://www.gartner.com/doc/2191815
  33. http://www.gartner.com/technology/research/cool-vendors/
  34. http://www.infosecurityproductsguide.com/world/
  35. http://searchdatabackup.techtarget.com/news/4500270162/Data-backup-and-recovery-software-2015-Products-of-the-Year-finalists
  36. http://www.bestinbizawards.com/2015-winners/
  37. http://www.goldenbridgeawards.com/world/
  38. http://intl.bestinbizawards.com/intl-2015-winners-product/
  39. https://www.siia.net/codie/About-the-Awards/Past-Winners/2015-Winners

External links

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