Druva

Druva

Cloud-based data protection and management solutions

About Druva

Simplify's Rating
Why Druva is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

1,001-5,000

Company Stage

Series H

Total Funding

$462M

Headquarters

Santa Clara, California

Founded

2008

Overview

Druva provides data protection and management solutions designed for the cloud. Its main product is a Cloud Platform built on Amazon Web Services (AWS), which ensures that enterprise data remains safe and accessible. The platform is globally available, can scale infinitely, and operates without the need for manual management, making it suitable for large organizations across various industries like technology, finance, and healthcare. Druva uses a Software-as-a-Service (SaaS) model, allowing clients to subscribe to its services, which helps reduce upfront costs and enables easy scaling. This approach also provides Druva with a steady revenue stream. The company differentiates itself by eliminating the need for physical hardware and complex software management, which can lead to cost reductions of up to 50% for its clients. Druva's goal is to ensure data resiliency for enterprises, helping them manage and protect their data effectively in a rapidly evolving digital landscape.

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Simplify's Take

What believers are saying

  • Druva's strategic partnerships in ASEAN region expand market penetration and customer base.
  • Recognition in IDC Cyber Recovery Marketscape boosts Druva's credibility and customer trust.
  • AI-powered tools like Dru Investigate attract clients seeking advanced data protection solutions.

What critics are saying

  • Emergence of competitors like Revyz could challenge Druva's SaaS data protection market share.
  • Reliance on AWS poses risks if there are disruptions or changes in AWS services.
  • Expansion into new regions may expose Druva to geopolitical risks and regulatory challenges.

What makes Druva unique

  • Druva offers a unique SaaS platform for data security, eliminating hardware needs.
  • Built on AWS, Druva provides globally accessible and infinitely scalable data resiliency.
  • Druva's AI-powered tools enhance cybersecurity with user-friendly interfaces and operational efficiency.

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Funding

Total Funding

$462M

Above

Industry Average

Funded Over

8 Rounds

Series H funding comparison data is currently unavailable. We're working to provide this information soon!
Series H Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

Life Insurance

Disability Insurance

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-1%
Business Wire
Feb 11th, 2025
Druva Appoints Jagroop Bal as Chief Financial Officer

In the past year, Druva was named a Leader in the IDC Cyber Recovery Marketscape, and received recognition as a Customers' Choice in Gartner Peer Insights Voice of the Customer Disaster Recovery as a Service and Gartner Peer Insights Voice of the Customer Enterprise Backup and Recovery Software Solutions.

BetaNews
Sep 12th, 2024
Druva launches natural language tool to help cybersecurity investigations

Druva launches natural language tool to help cybersecurity investigations.

StorageReview
Sep 12th, 2024
Druva Launches AI-Powered Data Security Tool: Dru Investigate

Druva has announced the launch of Dru Investigate, an AI-powered tool designed to enhance data security investigations through a natural language interface.

Blocks and Files
Jul 16th, 2024
Druva develops a malware threat hunter

SaaS data protector Druva has launched a Threat Hunter service to scan customers' global data estates for malware signs.

Help Net Security
Jul 16th, 2024
Druva unveils data security capabilities to accelerate incident response

Druva is also announcing the expanded global availability of Managed Data Detection and Response (Managed DDR), a managed service that uses a combination of technology and human expertise to proactively monitor customer backups for faster detection of and response to threats.

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