Wednesday, August 24, 2011

Druva Raises $12M

Mountain View-based Druva, a provider of enterprise laptop backup and synchronization products, said today that it has raised $12M in a Series B funding round. The round was led by Nexus Venture Partners and also included Sequoia Capital. Druva said the funding will go towards product as well as sales and marketing. Druva is headed by Jaspreet Singh; Jishnu Bhattacharjee of Nexus joins the company's board as part of the funding. More information »