Druva
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 100m | 112m | 116m |
% growth | - | 12 % | 4 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$5.0m | Series A | ||
$12.0m | Series B | ||
$25.0m | Series C | ||
$25.0m | Series D | ||
N/A | N/A | Early VC | |
$51.0m | Series E | ||
$80.0m | Series F | ||
* | $130m Valuation: $1.0b | Series G | |
$147m Valuation: $2.0b | Series H | ||
N/A | N/A | - | |
Total Funding | €432m |
Related Content
Recent News about Druva
EditDruva, a forward-thinking company, specializes in providing data protection and management solutions tailored for the cloud era. Built on Amazon Web Services (AWS), Druva's Cloud Platform offers a service that ensures enterprise data resiliency—meaning it keeps data safe and accessible no matter what. This platform is globally accessible, infinitely scalable, and operates autonomously, which means it can handle increasing amounts of data without manual intervention.
Druva primarily serves large enterprises and organizations that require robust data management solutions. These clients span various industries, including technology, finance, healthcare, and more. The company operates in the cloud computing market, a rapidly growing sector driven by the increasing need for data security and management.
The business model of Druva is based on a Software-as-a-Service (SaaS) approach. This means clients subscribe to Druva's services rather than purchasing software outright. This model provides a steady stream of recurring revenue, which is beneficial for both the company and its clients. Clients benefit from lower upfront costs and the ability to scale services as needed, while Druva enjoys predictable revenue and long-term customer relationships.
Druva makes money through these subscriptions, offering various pricing tiers based on the level of service and features required by the client. By eliminating the need for physical hardware and complex software management, Druva helps its customers reduce costs by up to 50%.
In recent years, Druva has achieved significant milestones, such as surpassing $100 million in annual recurring revenue and expanding its global presence with new offices in Sunnyvale and Singapore. The company has also been recognized in the Deloitte Technology Fast 500 for four consecutive years, highlighting its rapid growth and innovation in the tech industry.
Keywords: Data Protection, Cloud Management, SaaS, AWS, Enterprise Solutions, Data Resiliency, Cost Reduction, Global Scalability, Data Security, Technology Innovation.