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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

May - 2010 - issue > Venture Beat

Druva Gets $5 Million Funding From Sequoia

Sikta Samantaray
Tuesday, May 4, 2010
Sikta Samantaray
Druva Software, a Pune based a provider of data protection and disaster recovery product has received $5 million in funding from Sequoia Capital and Indian Angel Network to finance its expansion in global markets.

Druva, best known for its two award winning products Druva inSync, for laptops in an enterprise environment and Druva Phoenix, for remote servers has already acquired customers in more than 20 countries in the last two years. Druva has existing sales offices in the US and Europe which will be expanded to match increasing demand from clients in those markets. Druva’s R&D team has extensive experience in data storage products, and has incorporated next generation data de-duplication technologies to provide optimized data protection across the enterprise.

“Our unique approach towards data de-duplication, both for corporate offices and remote users, allows better storage and provides significant savings in terms of time and bandwidth requirements. Our client base is increasing rapidly and this funding from Sequoia Capital and Indian Angel Network comes at an opportune time as we look at expanding our operations into other geographies,” says Jaspreet Singh, CEO and co-founder, Druva.
Sequoia Capital Managing Director Shailendra Singh will now join Rehan yar Khan of Indian Angel Network on the board of Druva.
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