Druva Downloads $51M More For Data Protection In The Cloud
Sunnyvale-based Druva, which develops cloud-based, data protection software used by the enterprise, has raised $51M in a funding round, bringing its total raised to $118M. Druva said the new round was led by existing investor Sequoia India, and also included EBDI, Blue Cloud Ventures, Hercules Capital, plus NTT Finance, Nexus Venture Partners and Tenaya Capital. The company, led by founder and CEO Jaspreet Singh, said the funding goes towards product innovation, adoption, and sales and marketing, and global expansion.
posted on Wednesday, September 28, 2016 (Link to more information)
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