Tuesday, October 15, 2013

Druva Gets $25M For Data Backup Software

Sunnyvale-based Druva, the developer of backup, managed file sharing, and other cloud-based software for enterprise data management, said today that it has raised $25M in a Series C funding round. The funding came from Sequoia Capital and Nexus Venture Partners, along with a new investment from Tenaya Capital. Druva is led by Jaspreet Singh, and provides backup, data loss prevention (DLP), file sharing, and other enterprise tools for data management. The firm has now raised over $42.0M. More information »