Druva Lands $25,000,000 Series C Funding Round

  • Feed Type
  • Date
    10/15/2013
  • Company Name
    Druva
  • Mailing Address
    150 Mathilda Place Sunnyvale, CA 94086
  • Company Description
    Information is the key asset of any organization. It is the single aim of Druva to provide products which’ll safeguard this information. With Druva’s products, you’ll be able to efficiently store, protect, and manage your information so that it can be made use of intelligently.
  • Website
    http://www.druva.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The new funding will underwrite continued R&D, expanded global sales and marketing, and expansion of Druva’s cloud infrastructure to support new deployments by large enterprises that require the elasticity, multi-tenancy and flexibility of the cloud along with the security, compliance and cost advantages of hosting IT solutions behind the company firewall.
  • M&A Terms
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Nexus Venture Partners
  • Venture Investor
    Tenaya Capital