Data security is very important, isn’t it? IT market provides tools and solutions regarding protection of the data for robust business structure. Druva is one of the startups that has shaped this data protection with intelligent and emerging solutions. Honored by many awards, the company is marking a significant place in the international market through effective service.
Jaspreet Singh, Milind Borate, and Ramani Kothandaraman founded the company in 2008 and it has headquarters in Sunnyvale, California. The additional office centers of Druva are situated in Pune in India, the UK, Singapore, Japan, Germany, and Australia. This Pune based company is providing secure cloud data protection to other enterprises. Security being the most important requirement for the organizational information, Druva supports and manage it.
Company’s Specialization Area
Druva deals in providing data protection and information management services. It is serving nearly 3000 medium to large enterprises clients. As the data is increasing year after year in the corporate world, we need solutions that can manage it efficiently. Thus, Druva not only manages the information but also protect it. The platform reduces the cost, risk, and complexity of data management and security. Data control and visibility are present in the reinforced form with Druva’s platform.
Some of the industry domains Druva is offering solutions includes technology, healthcare, manufacturing, education, retail, financial, and government services.
Market Position
Druva shares global boundaries in the business and servers over 4000 customer companies. They have 65% customers from America region, Europe consists 25% of their customer base along with the Middle East, and 10% business customers are from Asia Pacific region. iSPIxB2B Index from the software products think-tank iSpirit has recognized as one of the top 30 product firms in India.
The firm has recently raised the funding round. NTT Finance invested in the company, which is the financial support of Nippon telegraph and Telephone Corporation, a Japanese telecommunications company. For the Japanese market expansion, Jaspreet Singh, founder, and CEO of the firm shares that the global business sustainability of Druva will be continued to double with Japan connection.
Till date, it has raised total $67 million. The new funds will be used for the strong establishment of Druva in Japan. Their list of investors includes Sharad Sharma as an angel investor, Tenaya Capital, Sequoia Capital, and Nexus Venture Partners.
The Bottom Line
Security associated with data protection will remain active till any data is alive. Besides, the most appreciable and award solutions from Druva makes it a successful startup that is working towards creating a protected and progressive digital environment for data.
Read Also: 3 ways big data is transforming marketing and sales