{"id":4297,"date":"2021-04-19T13:54:27","date_gmt":"2021-04-19T17:54:27","guid":{"rendered":"https:\/\/solutionsreview.com\/backup-disaster-recovery\/?p=4297"},"modified":"2021-04-19T12:05:16","modified_gmt":"2021-04-19T16:05:16","slug":"druva-earns-147-million-investment-to-fuel-innovation","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-earns-147-million-investment-to-fuel-innovation\/","title":{"rendered":"Druva Earns $147 Million Investment to Fuel Innovation"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3835\" src=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/03\/TierPoint-Earns-320-Million-From-Team-of-Investors.jpg\" alt=\"Druva Earns $147 Million Investment to Fuel Innovation\" width=\"800\" height=\"400\" \/>Druva Inc. <\/span><a href=\"https:\/\/www.druva.com\/about\/press-releases\/druva-secures-147-million-investment-to-extend-market-leadership\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">has announced<\/span><\/a><span style=\"font-weight: 400\"> a $147 million investment as the vendor quickly scales in response to increased demand for its platform. <\/span><span style=\"font-weight: 400\">The fundraising was led by Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec (CDPQ), a global investment group, with a significant investment from Neuberger Berman, both of which manage over $300 billion in net assets. The round, which raises Druva\u2019s valuation above $2 billion, also included participation from existing investors Viking Global Investors and Atreides Management. As businesses move workloads to cloud environments, adopt SaaS solutions, and combat cyber threats, this new investment will fuel the continued expansion of Druva Cloud Platform to meet today\u2019s needs, and extend the provider\u2019s position in the data protection industry.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"box box3\"><\/span><span style=\"font-weight: 400;color: #333333\">Our<\/span> <a href=\"https:\/\/bit.ly\/2GkGfhp\" target=\"_blank\" rel=\"noopener\"><b><i>Buyer\u2019s Guide for Backup and Disaster Recovery<\/i><\/b><\/a> <span style=\"font-weight: 400;color: #333333\">helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/span><span style=\"font-weight: 400\"><\/div><\/span><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/www.druva.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Druva<\/span><\/a> <span style=\"font-weight: 400\">delivers data protection and management for the cloud era. Druva Cloud Platform is built on AWS and offered as-a-Service. Druva Phoenix simplifies data protection, improves visibility, and significantly reduces the risk, cost, and effort of managing complex data. The solution operates seamlessly and can be managed from one location, giving IT administrators full visibility and control over server backups and data composition. Phoenix also offers long-term retention and archiving, enterprise-level RTO and RPO, and enterprise-grade security. Druva is used worldwide by over 4,000 companies at the forefront of embracing the cloud. Additionally, Druva recently acquired SFApex for an undisclosed amount.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">With the ability to provide faster time to value and help businesses manage, protect, and govern critical data during their digital transformation efforts, Druva Cloud Platform\u2019s customer base has grown significantly during 202, while the adoption of multiple Druva Cloud Platform products has grown by 50 percent in the same time period.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In a press statement, Jaspreet Singh, founder and CEO of Druva, said, \u201cthe unprecedented events of 202 have ushered in a generational cloud transformation for businesses, and data\u2019s increasing value is at the very heart of it. Druva pioneered the cloud data protection category almost a decade ago and has led the way in defining the architecture, business model, and user experience our customers now expect. This investment and our continued, rapid growth is further validation of our vision for a simple, open, and unified data protection and management platform.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Alexandre Synett, Executive Vice President and Chief Technology Officer at CDPQ, added, \u201crising volumes of stored data, rapid adoption of cloud and deployment of SaaS applications, regulatory frameworks and cybersecurity concerns have accelerated the demand for data protection and management solutions for businesses. The working-from-home dynamic experienced globally has further accentuated the need for cloud-based data protection solutions and we believe Druva is in an excellent position to seize opportunities and enhance its clients\u2019 agility and data compliance.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">To learn more about Druva, <\/span><a href=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-acquires-sfapex-to-enhance-salesforce-data-protection\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">click here.<\/span><\/a><\/p>\n<p style=\"text-align: justify\"><div class=\"hr hr\"><\/div><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump-3\" href=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/data-protection-vendor-map\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"Data Protection Vendor Map\" src=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/DP_VM_SB_800.jpg\" alt=\"Download Link to Data Protection Vendor Map\" width=\"800\" height=\"100\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Druva Inc. has announced a $147 million investment as the vendor quickly scales in response to increased demand for its platform. The fundraising was led by Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec (CDPQ), a global investment group, with a significant investment from Neuberger Berman, both of which manage over $300 billion in net assets. [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[222,421],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Druva Earns $147 Million Investment to Fuel Innovation<\/title>\n<meta name=\"description\" content=\"Druva Inc. has announced a $147 million investment as the vendor quickly scales in response to increased demand for its platform.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-earns-147-million-investment-to-fuel-innovation\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tess Hanna\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-earns-147-million-investment-to-fuel-innovation\/\",\"url\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-earns-147-million-investment-to-fuel-innovation\/\",\"name\":\"Druva Earns $147 Million Investment to Fuel Innovation\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-earns-147-million-investment-to-fuel-innovation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-earns-147-million-investment-to-fuel-innovation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/03\/TierPoint-Earns-320-Million-From-Team-of-Investors.jpg\",\"datePublished\":\"2021-04-19T17:54:27+00:00\",\"dateModified\":\"2021-04-19T16:05:16+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/#\/schema\/person\/1915d169a2244d0703ac9749676fe5cd\"},\"description\":\"Druva Inc. has announced a $147 million investment as the vendor quickly scales in response to increased demand for its platform.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-earns-147-million-investment-to-fuel-innovation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-earns-147-million-investment-to-fuel-innovation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-earns-147-million-investment-to-fuel-innovation\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/03\/TierPoint-Earns-320-Million-From-Team-of-Investors.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/03\/TierPoint-Earns-320-Million-From-Team-of-Investors.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/druva-earns-147-million-investment-to-fuel-innovation\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Druva Earns $147 Million Investment to Fuel Innovation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/#website\",\"url\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/\",\"name\":\"Backup and Disaster Recovery | Solutions Review\",\"description\":\"BDR Software Evaluation: Ransomware Recovery, Cloud Backup &amp; 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