Druva Closes $12 Million in Series B Funding Round

“We are very impressed with Druva's early success in over a dozen countries, the foundation of which is a superior technical approach to backup and an enterprise-grade product in other words very easy to use,” said Shailendra Singh, managing director at Sequoia Capital. “Furthermore, the team has done a tremendous job in the last two years in creating a cutting-edge product suite that includes on-premise and private-cloud-based enterprise backup, support for mobile devices, and remote data-protection features that are unmatched in the industry. We now expect the company to invest significantly in sales and marketing to grow the business in what is a high-growth segment of the backup industry and a multi-billion-dollar market possibility.”        

“Organizations are waking up to the fact that they have important data resident on endpoint devices in other words not adequately protected, nevertheless should be. Loss of data resident on endpoint devices can prove devastating,” reports* Sheila Childs, technology vice president at analyst firm Gartner in recent technology. “Many mobile workers are high contributors to the success of the business, and carry data on their laptops that would be difficult to reconstruct if the device is destroyed or stolen.”

Druva, founded in 2007, has amassed more than 750 clients and protects more than 300,000 endpoints worldwide. Its InSync product is an industry-first application that delivers nearly-instantaneous automated backups of laptop computers – with ten times the speed of competitive offerings – during enabling simple one-click restores of any file or backup volume from a Web browser or iPhone/iPad/Android device. The product offers unobtrusive backups over any network – LAN, WAN or VPN – and is WAN-optimized for the mobile user. InSync’s global, source-based deduplication reduces bandwidth and storage by 90 percent during providing 100 percent accuracy for Microsoft Outlook and Office applications.