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Druva Inc.

Druva Inc. was founded in 2008 by Jaspreet Singh, W. Curtis Preston, and Ramani Kothandaraman, emerging as a cloud-native alternative to traditional data...

Druva Inc.

Druva Inc. was founded in 2008 by Jaspreet Singh, W. Curtis Preston, and Ramani Kothandaraman, emerging as a cloud-native alternative to traditional data backup and recovery vendors. The company operates out of Sunnyvale, California, with additional engineering and sales presence in Pune, India, and London, UK, reflecting a global footprint. Druva's strategy centers on a fully SaaS-delivered platform covering data protection, governance, and analytics across endpoints, data centers, and cloud workloads. The company's asset-class mix spans enterprise software, cloud infrastructure, and cybersecurity, with deployments targeting mid-to-large enterprises. Named customers include major organizations across healthcare, financial services, and manufacturing sectors. The company has raised over $450 million in venture funding from investors including Riverwood Capital, Viking Global Investors, and NTT Finance (per Crunchbase, 2021). Geographic revenue is primarily North America and Europe. Druva employs approximately 1,200 people as of 2021 (per public records). The firm maintains an engineering hub in Pune, India, and a sales office in London. In August 2023, Druva completed a $147 million debt financing round from existing investors to support growth and operational scaling (per the firm, August 2023). The company's philanthropic efforts are not publicly separated from its corporate operations. Druva's structural differentiator lies in its fully cloud-native architecture — a pure SaaS model that eliminates the need for customers to manage backup infrastructure, unlike legacy competitors such as Veritas or Dell EMC. This approach reduces capital expenditure and operational overhead for enterprises migrating to hybrid or multi-cloud environments.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Sunnyvale

Corporate office

Sunnyvale, CA, United States

Sector focus

Enterprise SoftwareData ManagementCloud InfrastructureCybersecurity

Frequently asked questions

Who runs investment decisions at Druva Inc.?

Druva is a venture-backed private company. Investment decisions are made by the board of directors, which includes representatives from major venture investors such as Riverwood Capital and Viking Global Investors. Operational financial decisions are led by CFO Mike Resnick, who joined in 2015 (per the firm).

How does Druva source proprietary deal flow?

Druva is an operating company, not an investment entity, so it does not source deal flow for external capital. The company's own fundraising is managed through its board and executive team, typically via private venture rounds or debt facilities.

Is Druva structured as a family office or does it operate more like a venture firm?

Druva is a private software company, not a family office or venture firm. It operates as a corporation with a standard C-corp structure, owned by venture capital and institutional investors.

Does Druva participate in fund commitments or only direct deals?

Druva does not participate in fund commitments. It is an operating company that develops and sells cloud data protection software. The company may use debt or equity financing to fund its own growth, but it is not an allocator of external capital.

What investment stages does Druva typically target?

As an operating company, Druva does not target investment stages. Its own fundraising has included Series A through F rounds from venture capital firms, as well as debt financing, reflecting growth-stage funding patterns (per Crunchbase, 2021).

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