Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Druva Lands $25M in Series D Round; Now Looks to Expand Data Protection Strategy to Asia and Europe

by admin
May 26, 2020
in News
Home News
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on e-mail

Druva, an Enterprise Data Back-up solutions provider and endpoint data governance pioneer, landed $25 million in Series D round from existing investors such as Sequoia Capital and Nexus Venture Partners.

Through endpoint data protection it prevents data loss for enterprises by collecting data from devices (phones, laptops, tablets, etc.) using their agents on these devices. These agents upload the data to the Druva’s cloud which helps restore the data in case of loss of device or data.

Competing with Druva in the data protection field are conventional protection providers such as EMC, HP and Symantec. However, “using [endpoint] data for relevant data centric problems is the direction we really want to head,” said Jasprett Singh, co-founder and CEO. Druva uses the Amazon Web Services public cloud; Singh says that 80 percent of Druva’s business is from its public cloud offering. The rest of the service is on companies’ own private clouds.

The company started in 2008 and now intends to invest the newly-found capital into expanding their outreach to markets in Asia and Europe, while building their workforce from 200 to 300 by the end of the year. Its customers include Nasa, PriceWaterhouseCoopers, Dell and Tesla to name a few.

With access to a wealth of data Druva might viewing data protection as a point of entry for revenue derived from analytics services, like predecessors Facebook and Twitter in the past.


Join the Partisia Blockchain Hackathon, design the future, gain new skills, and win!


Follow @DataconomyMedia

Interested in more content like this? Sign up to our newsletter, and you wont miss a thing!

[mc4wp_form]

(Image Credit: National Nuclear Security Administration)

Tags: Data SecurityDruva

Related Posts

How did ChatGPT passed an MBA exam

How did ChatGPT passed an MBA exam?

January 27, 2023
Google code red: ChatGPT and You.com like AI-powered tools threatening the search engine. Moreover, latest Apple Search rumors increased the danger.

Google code red: ChatGPT, You.com and rumors of Apple Search challenge the dominance of search giant

January 26, 2023
T-Mobile data breach 2023 explained: Learn how did the leak happen and explore T-Mobile data breach history. It is not the first time of the company

T-Mobile data breach 2023: The telecom giant got hacked eight times in the last six years

January 20, 2023
Microsoft layoffs 2023: Amazon job cuts that affect 11,000 employees explained. Big tech layoffs continue... Learn why and what will happen next.

Microsoft layoffs will affect more than 11,000 employees

January 18, 2023
Medibank Data Breach Class Action: Compensation can reach up to $20,000 per person

Medibank Data Breach Class Action: Compensation can reach up to $20,000 per person

January 16, 2023
What is DoNotPay AI Lawyer? The world's first robot lawyer ready to give $1 million to represent you. How does it work? Keep reading.

DoNotPay AI lawyer is ready to give $1 million for any case in US

January 12, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

LATEST ARTICLES

AI Text Classifier: OpenAI’s ChatGPT detector indicates AI-generated text

A journey worth taking: Shifting from BPM to DPA

BuzzFeed ChatGPT integration: Buzzfeed stock surges after the OpenAI deal

Adversarial machine learning 101: A new cybersecurity frontier

Fostering a culture of innovation through digital maturity

Nvidia Eye Contact AI can be the savior of your online meetings

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy
  • Partnership
  • Writers wanted

Follow Us

  • News
  • AI
  • Big Data
  • Machine Learning
  • Trends
    • Blockchain
    • Cybersecurity
    • FinTech
    • Gaming
    • Internet of Things
    • Startups
    • Whitepapers
  • Industry
    • Energy & Environment
    • Finance
    • Healthcare
    • Industrial Goods & Services
    • Marketing & Sales
    • Retail & Consumer
    • Technology & IT
    • Transportation & Logistics
  • Events
  • About
    • About Us
    • Contact
    • Imprint
    • Legal & Privacy
    • Newsletter
    • Partner With Us
    • Writers wanted
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.