Data protection solutions had become cumbersome to deploy and manage. In an earlier roundtable in October 2014, Naren Gupta of Nexus Venture Partners mentioned that they’re doing $10 million a quarter. A company that builds product for backups and data protection aimed … It offers cloud data protection and information management, leveraging the public cloud to offer a single pane of glass controls to protect, preserve, and discover information. Druva last year acquired Letterkenny, Ireland-based CloudRanger, which streamlines backups, disaster recovery, and server control for AWS Cloud. A leading player in the space is data protection solutions provider Druva that recently made its first acquisition. sign up here. This product is targeted at medium to large enterprises. The three had worked together at data management firm Veritas Software. Druva products aggregate enterprise data from endpoints, data center, and cloud workloads for backup and restore, compliance monitoring, security, and other uses. Founded in 2008 in Pune by Jaspreet Singh along with Milind Borate and Ramani Kothandaraman, Druva will deploy the fresh capital towards product innovation and increase market share. He found it alongside his friends, Milind Borate and Ramani Kothandaraman. August 2, 2008. Founded in 2008 by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman, Druva offers cloud data protection and information management, leveraging the public cloud to … a*****@*** +91 97300 ***** Show profile. The company had raised about $200 million in investments, including an $80 million funding round in 2017. The investors in Druva are known to have made a significant difference to IT and IT Enabled Services in India which today employs thousands of individuals”, says Ramani Kothandaraman, Founder and CEO of Druva Software Pvt. About 72% of its customers are in the Americas, while the rest are spread across Europe and Asia. Druva Inc was initially established in Pune, but after getting sufficient traction, the company shifted its base to Silicon Valley in order to transform into a global products company. member and would like to join Its revenues had crossed $15 million in 2013. Druva's Journey Druva was founded in 2008 by CTO Milind Borate, CEO Jaspreet Singh, and Ramani Kothandaraman to cater to the disaster recovery market. Founders. We think this could be one of the first potential big Indian IT winner in the huge global enterprise product space…” says Milind Borate, CoFounder and CTO. How Does 1M/1M Democratize Management Consulting? Latest News Druva Funding in Indian startups this week (17 June-22 June) June 22, 2019 This week … Continue reading "Druva … Druva. It raised $25 million in August 2014 at a valuation of INR 14 billion (~$220 million). “With our CDP offerings, we endeavour to offer significantly better and complete replacement for traditional backups. How Does 1M/1M Democratize Entrepreneurship Education? Till date, Druva has raised $328 million risk capital. The terms of the deal were not disclosed. SaaS Companies: You Have An Unprecedented Opportunity, recorded five consecutive years of 100% growth, roundtable in October 2014, Naren Gupta of Nexus Venture Partners mentioned that they’re doing $10 million a quarter. Druva is one of the prime examples of building a global technology company from India. Druva was bootstrapped initially, and after proving its product and capabilities, it received its first institutional funding of $5 million from Sequoia Capital India and Indian Angel Network in 2010. Today, it provides an industry-leading data management-as-as service platform that unifies data protection, governance, and intelligence across enterprise data. If you are considering Druva doesn’t provide detailed financials but it disclosed in September last year that it is growing at 60% and is on track to reach recurring revenue of $100 million at the end of the fiscal year. More often than not, you faced issues when you tried to restore data that was backed up months ago. Why Is It Important To Study With 1M/1M Now? Founded in 2008 by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman, Druva offers cloud data protection and information management, leveraging the public cloud to … According to a MarketsAndMarkets report, the cloud backup market is expected to grow at a CAGR of 26.1% from $1.30 billion in 2017 to $4.13 billion by 2022. Druva’s services, which employ a multi-tenant, stateless node architecture with fully elastic storage for both data and metadata, can scale into hundreds of petabytes. CloudRanger has raised a total of $1.1 million in funding and had an estimated annual revenue of $2 million. Unicorn sighting: Druva lands $130M for its cloud-native data protection service - SiliconANGLE. Global data protection and availability is a rapidly growing segment within Storage domain. We'll assume you're ok with this. The key investors in Druva are Vikig Global Investors, Riverwood Capital, Nexus Venture Partners, Sequoia Capital and Tenaya Capital. Besides, it will increase its headcount from 700 people to 1,000 by December 2019. Druva competes globally with the US-based Cohesity and Rubrik. Founders: Jaspreet Singh along, Milind Borate and Ramani Kothandaraman. It last raised $80 million in August 2017 at an estimated valuation of $500-$600 million. Phone. Founded. Milind Borate founded Druva along with Jaspreet Singh and Ramani Kothandaraman, in 2007 (Photos: Special Arrangement) “We got recognised by Gartner (World’s leading research and advisory company) as the number one data protection and recovery product in 2013-14,” says Borate, 46, who founded Druva along with two other software programmers, Jaspreet Singh and Ramani Kothandaraman… Abhay Ghaisas. It has also set up cloud data center offerings in Canada, the UK, and Hong Kong that would satisfy national and regional data protection requirements. The company started operations in the cloud backup market as a licensed software company before making a foray into subscription-based cloud services in 2012. Druva Replicator is a Data Protection and Disaster Recovery (DR) product for high availability servers. Various trademarks held by their respective owners. CloudRanger was integrated into the Druva Cloud Platform within 60 days. Jaspreet Singh, Milind Borate, Ramani Kothandaraman. It was launched by IIT-Guwahati alumnus Jaspreet Singh along with Milind Borate and Ramani Kothandaraman in … It has been executing solidly and quietly without too much hype. Druva has raised USD 80 million in a new funding round led by Riverwood Capital Ventures. Deals involving Ramani Kothandaraman. In 2015, it recorded five consecutive years of 100% growth and at a June 2015 1M/1M Roundtable, Jaspreet mentioned that the company was operating at revenues between $10 million and $50 million. Privacy Policy | Disclosure PolicyinSync Privacy Policy | Cookie Policy | Terms of Use |, Druva and sfApex deliver the best of SaaS data protection and management for Salesforce | Learn how Druva and sfApex | Learn more, Druva and sfApex deliver the best of SaaS data protection and management for Salesforce |. Phoenix is a cloud-based backup service that lets organizations store data indefinitely with limitless snapshots and flexible retention policies, while ensuring lower backup costs. As of July 2018, Druva claimed approximately 4,000 customers at the midmarket and enterprise levels. Druva was founded in 2008 by Singh, Milind Borate and Ramani Kothandaraman, who were colleagues at Veritas Software. He worked here for two years before quitting to found his company, Druva, in 2007. Milind Borate founded Druva along with Jaspreet Singh and Ramani Kothandaraman, in 2007 (Photos: Special Arrangement) “We got recognised by Gartner (World’s leading research and advisory company) as the number one data protection and recovery product in 2013-14,” says Borate, 46, who founded Druva along with two other software programmers, Jaspreet Singh and Ramani Kothandaraman… becoming a 1M/1M premium The company delivers data protection and management for the cloud. In September 2016, it raised $51 million at an undisclosed valuation. Druva Inc. is a privately-held software company based in Sunnyvale, California.The company provides SaaS-based data protection and management products for corporations and government agencies. “Druva is happy to get strategic seed investment from veterans of Indian IT industry. Ramani has 7 jobs listed on their profile. Ltd. Ramani is an alum of Cranfield University U.K., who has spent 18+ years at different roles in Public and Private sector, working across several … Other core products include the endpoint backup platform InSync and remote server backup product Phoenix. Druva was born in 2007 when Jaspreet Singh, Ramani Kothandaraman and Milind Borate came together with the thought of disrupting the data protection market. It has grown from being a laptop-backup services provider to a maker of data protection and information management suites for large enterprises. Druva Software is a startup with software product offerings for Business High Availability and Continuous Data Protection (CDP). The 15 Largest Global Startup Funding Rounds of June 2019. by Reza Chowdhury. Druva is Cloud data protection and management startup founded by Jaspreet Singh, Milind Borate and Ramani Kothandaraman in 2008. The investors in Druva are known to have made a significant difference to IT and IT Enabled Services in India which today employs thousands of individuals”, says Ramani Kothandaraman, Founder and CEO of Druva Software Pvt. Data protection solutions provider Druva was born in Pune but moved to Silicon Valley to create a global product company. Druva was founded in 2008 by Singh, Milind Borate and Ramani Kothandaraman, who were colleagues at Veritas Software. 1 crore. Druva was founded in 2008 by CTO Milind Borate, CEO Jaspreet Singh, and Ramani Kothandaraman. Founded in: 2008. Financing status: USD 80 million for undisclosed round in 2017. Indian Angel Network and Accord International (Hong Kong) announced a strategic seed investment into Druva. Druva inSync is a unique product offering enterprise CDP for laptops and desktops. Founders Jaspreet Singh, Milind Borate, Ramani Kothandaraman; Operating Status Active; Last Funding Type Series G; Legal Name Druva Inc. Hub Tags Unicorn Company Type For Profit; Contact Email jade.wilkinson@druva.com; Phone Number 800-852-3060 How Does 1M/1M Help Entrepreneurs Connect With Silicon Valley? Druva’s cloud platform is built on Amazon Web Services (AWS). See the complete profile on LinkedIn and discover Ramani’s connections and jobs at similar companies. Why Does 1M/1M Partner With Local Organizations? Druva was founded in Pune, but after it gained traction, it shifted its headquarters to Sunnywale, California. View Ramani Kothandaraman’s profile on LinkedIn, the world’s largest professional community. Druva was founded in 2008 by Jaspreet Singh, Borate and Ramani Kothandaraman. Organizations are able to ensure mobile data backup, data loss prevention, and data governance along with file sharing and access capabilities. […] September that it’s on track to reach $100 million in revenue at the end of this fiscal year, according to One Million by One Million. Milind is a IITB alumnus. Milind Borate - In 2008, Jaspreet Singh, Ramani Kothandaraman, and I founded a technology startup, Druva. ongoing information, please Druva can have a single global dedupe index, whereas most classic data protection systems have low elasticity and require additional hardware once they reach 100 terabytes on the dedupe index. Indian Angel Network is the first pan-India Angel network with successful entrepreneurs and high profile CEOs interested in investing in early stage businesses across India having potential to create significant value. “Druva is the next generation of back-up, making current forms of back-up obsolete, and represents Indian innovation. Can 1M/1M Help Me With Business Development? Druva Europe Limited is an active company incorporated on 6 July 2010 with the registered office located in London, Greater London. In the past few years, Druva has set up subsidiaries in Japan and Germany, and has opened offices in the UK, Australia, and Singapore. So, extrapolating from these two conversations, Druva should have been at over $50 million annual revenue in 2015. Druva Europe Limited has been running for 10 years. Talent acquisition and retention. Druva, the creator of data protection solutions for SMEs, announced this morning that it has raised $12 million in series B funding. 5 free credit every month. With this Rehan yar Khan, IAN, the founding chairman of Flora2000 and Roger Arondekar, Accord, will join the board of Druva. Druva was founded in Pune by Singh, an Indian Institute of Technology-Guwahati graduate, along with Milind Borate and Ramani Kothandaraman back in 2008. The business aims to provide data solutions and data protection to different enterprises. Various analyst reports predict its growth to be further driven by availability, compliance and security concerns. Druva offers a cloudfirst platform for data availability and information governance. ... Druva competes globally … Druva is soon expected to enter mobile space with its CDP offerings. Druva was founded in 2008 by CTO Milind Borate, CEO Jaspreet Singh, and Ramani Kothandaraman. Druva inSync Founded in: 2007 Founders: Jaspreet Singh, Ramani Kothandaraman, Milind Borate What makes it cool: Succeeded in a short span in a field dominated by … In 2016, it achieved 300% growth in Phoenix revenue and overall revenue grew at 70%-80%. Today, it provides an industry-leading data management-as-as service platform that unifies data protection, governance, and intelligence across enterprise data. They wanted to change that. $130,000,000 raised with Druva Inc on June, 2019: $80,000,000 raised with Druva Inc on August, 2017: $51,000,000 raised with Druva Inc on September, 2016: $25,000,000 raised with Druva Inc on August, 2014: According to Inc42 magazine, Druva concentrated on building high-end software products. All rights reserved. Name. The Network has more than 65 members who have made around 11 investments in the last 20 months in multiple sectors like Information Technology, Mobile, Education, Internet, Intellectual Property and Hospitality. Druva was founded in 2007 by Jaspreet Singh, Ramani Kothandaraman and Milind Borate. In July last year, Druva also strengthened its senior leadership team with the appointment of Thorsten Freitag as Chief Revenue Officer and Sherry Lowe as Chief Marketing Officer. The company was founded in 2008 by Milind Borate, Jaspreet Singh and Ramani Kothandaraman. It protects and manages over 100PB of data worldwide for over 4,000 enterprises including NASA, Pfizer, hospitality giant Marriot, NBC Universal, Dell, Hitachi, ServiceNow, Stanford University, Continental, Emerson, Flex, Fujitsu, and defense equipment maker Lockheed Martin. We are looking ahead at years of continued triple digit growth rate” says Jaspreet Singh co-founder and VP Business Development. Employee contacts. Email. Druva was founded by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman in 2008. Ramani Kothandaraman Druva Inc - Co-Founder. our mailing list to receive InSync uses a single dashboard for backup, availability, and governance of endpoint data. Role Resigned Director Date of birth June 1966 Appointed on 6 July 2010 ... C/O Druva Inc., 150 Mathilda Place #300, Sunnyvale, California, Usa, 94086 It has raised $198 million so far with investments from Tenaya Capital, NTT Finance, Nexus Venture Partners, Sequoia Capital, EMC Ventures, Riverwood Capital, Hercules Capital, and Indian Angel Network. When Singh started Druva in 2008 with Milind Borate and Ramani Kothandaraman (Kothandaraman moved on from the startup a few years ago) -- the three met as colleagues at data management firm Veritas Software -- SaaS was … Sign up to uncover company details. Druva has also built an extensive security model, employing a security-by-design approach, which has made the company one of the few HIPAA- and FedRAMP-audited organizations in the cloud. Jaspreet is a young entrepreneur and graduate from IIT Guwahati. There are currently 2 active directors according to the latest … Data protection start-up Druva raises $80 millionDruva, a data-protection start-up that counts NASA and French fashion brand Louis Vuitton among its customers, announced a $80 million growth equity fu The privately held company was founded in 2008 by Jaspreet Singh, Milind Borate and Ramani Kothandaraman. Ltd. Ramani is an alum of Cranfield University U.K., who has spent 18+ years at different roles in Public and Private sector, working across several countries. ramani kothandaraman Druva raises $80 million funding from Riverwood Capital Given the increased threat of cyber attacks such as the ransomware WannaCry in recent months, the timing of the investment is just right for Druva. KOTHANDARAMAN, Ramani Correspondence address Devonshire House, 60 Goswell Road, London, EC1M 7AD . This website uses cookies to improve your experience. Both CloudRanger and Druva employ a cloud-native architecture that enables immediate integration and enhancements. It was back in 2008 that Milind Borate, Jaspreet Singh and Ramani Kothandaraman set out to create a … Druva’s Cloud Platform is comprehensive and contains architected and patented global data deduplication capabilities. Druva acquired AWS backup and disaster recovery specialist CloudRanger […]. Based on 70%-80% growth rate, we estimated 2016 revenue of $85-$90 million and forecast 2017 revenue of $144-$157 million. Will I Have Private 1-on-1 Sessions In 1M/1M? For more information contact press@druva.com, © 2020 Druva Inc. and/or its affiliates. The three of us realized that we were all equally passionate about building software solutions. Ramani Kothandaraman. Based on the recently disclosed 60% growth rate for 2018, we estimate revenue of $234-$251 million for 2018. “We are very excited by Druva’s technology agenda and series of game changing products under development. 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