Founded in 2008 by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman, Druva offers cloud data protection and information management, leveraging the public cloud to … Druva was founded by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman in 2008. 1 crore. How Does 1M/1M Democratize Management Consulting? Druva has raised USD 80 million in a new funding round led by Riverwood Capital Ventures. Phoenix is a cloud-based backup service that lets organizations store data indefinitely with limitless snapshots and flexible retention policies, while ensuring lower backup costs. There are currently 2 active directors according to the latest … It has been executing solidly and quietly without too much hype. Druva. Founded in 2008 by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman, Druva offers cloud data protection and information management, leveraging the public cloud to … Druva’s cloud platform is built on Amazon Web Services (AWS). When Druva goes public, 20 of our employees in India would be able to make Rs. In an earlier roundtable in October 2014, Naren Gupta of Nexus Venture Partners mentioned that they’re doing $10 million a quarter. Employee contacts. […] September that it’s on track to reach $100 million in revenue at the end of this fiscal year, according to One Million by One Million. The investors in Druva are known to have made a significant difference to IT and IT Enabled Services in India which today employs thousands of individuals”, says Ramani Kothandaraman, Founder and CEO of Druva Software Pvt. 5 free credit every month. Druva can have a single global dedupe index, whereas most classic data protection systems have low elasticity and require additional hardware once they reach 100 terabytes on the dedupe index. Druva inSync is a unique product offering enterprise CDP for laptops and desktops. So, extrapolating from these two conversations, Druva should have been at over $50 million annual revenue in 2015. We think this could be one of the first potential big Indian IT winner in the huge global enterprise product space…” says Milind Borate, CoFounder and CTO. Data protection solutions provider Druva was born in Pune but moved to Silicon Valley to create a global product company. Druva was founded in Pune, but after it gained traction, it shifted its headquarters to Sunnywale, California. See the complete profile on LinkedIn and discover Ramani’s connections and jobs at similar companies. Based on the recently disclosed 60% growth rate for 2018, we estimate revenue of $234-$251 million for 2018. We are looking ahead at years of continued triple digit growth rate” says Jaspreet Singh co-founder and VP Business Development. It protects and manages over 100PB of data worldwide for over 4,000 enterprises including NASA, Pfizer, hospitality giant Marriot, NBC Universal, Dell, Hitachi, ServiceNow, Stanford University, Continental, Emerson, Flex, Fujitsu, and defense equipment maker Lockheed Martin. Abhay Ghaisas. Ltd. Ramani is an alum of Cranfield University U.K., who has spent 18+ years at different roles in Public and Private sector, working across several … According to Inc42 magazine, Druva concentrated on building high-end software products. Milind Borate founded Druva along with Jaspreet Singh and Ramani Kothandaraman, in 2007 (Photos: Special Arrangement) “We got recognised by Gartner (World’s leading research and advisory company) as the number one data protection and recovery product in 2013-14,” says Borate, 46, who founded Druva along with two other software programmers, Jaspreet Singh and Ramani Kothandaraman… Druva was founded in 2008 by CTO Milind Borate, CEO Jaspreet Singh, and Ramani Kothandaraman. The three of us realized that we were all equally passionate about building software solutions. According to a MarketsAndMarkets report, the cloud backup market is expected to grow at a CAGR of 26.1% from $1.30 billion in 2017 to $4.13 billion by 2022. Global data protection and availability is a rapidly growing segment within Storage domain. It last raised $80 million in August 2017 at an estimated valuation of $500-$600 million. Druva products aggregate enterprise data from endpoints, data center, and cloud workloads for backup and restore, compliance monitoring, security, and other uses. They wanted to change that. Milind Borate founded Druva along with Jaspreet Singh and Ramani Kothandaraman, in 2007 (Photos: Special Arrangement) “We got recognised by Gartner (World’s leading research and advisory company) as the number one data protection and recovery product in 2013-14,” says Borate, 46, who founded Druva along with two other software programmers, Jaspreet Singh and Ramani Kothandaraman… Druva was bootstrapped initially, and after proving its product and capabilities, it received its first institutional funding of $5 million from Sequoia Capital India and Indian Angel Network in 2010. Founded in 2008 in Pune by Jaspreet Singh along with Milind Borate and Ramani Kothandaraman, Druva will deploy the fresh capital towards product innovation and increase market share. Ramani Kothandaraman. Various analyst reports predict its growth to be further driven by availability, compliance and security concerns. Privacy Policy | Disclosure PolicyinSync Privacy Policy | Cookie Policy | Terms of Use |, Druva and sfApex deliver the best of SaaS data protection and management for Salesforce | Learn how Druva and sfApex | Learn more, Druva and sfApex deliver the best of SaaS data protection and management for Salesforce |. Ramani Kothandaraman Druva Inc - Co-Founder. Druva is one of the prime examples of building a global technology company from India. The business aims to provide data solutions and data protection to different enterprises. Other core products include the endpoint backup platform InSync and remote server backup product Phoenix. How Does 1M/1M Help Entrepreneurs Connect With Silicon Valley? It raised $25 million in August 2014 at a valuation of INR 14 billion (~$220 million). becoming a 1M/1M premium Till date, Druva has raised $328 million risk capital. A leading player in the space is data protection solutions provider Druva that recently made its first acquisition. SaaS Companies: You Have An Unprecedented Opportunity, recorded five consecutive years of 100% growth, roundtable in October 2014, Naren Gupta of Nexus Venture Partners mentioned that they’re doing $10 million a quarter. ongoing information, please For more information contact press@druva.com, © 2020 Druva Inc. and/or its affiliates. member and would like to join Druva offers a cloudfirst platform for data availability and information governance. Talent acquisition and retention. Social media. It was back in 2008 that Milind Borate, Jaspreet Singh and Ramani Kothandaraman set out to create a … KOTHANDARAMAN, Ramani Correspondence address Devonshire House, 60 Goswell Road, London, EC1M 7AD . Druva was founded in Pune by Singh, an Indian Institute of Technology-Guwahati graduate, along with Milind Borate and Ramani Kothandaraman back in 2008. It was launched by IIT-Guwahati alumnus Jaspreet Singh along with Milind Borate and Ramani Kothandaraman in … Druva was founded in 2008 by Jaspreet Singh, Borate and Ramani Kothandaraman. “Druva is the next generation of back-up, making current forms of back-up obsolete, and represents Indian innovation. How Does 1M/1M Democratize Entrepreneurship Education? Today, it provides an industry-leading data management-as-as service platform that unifies data protection, governance, and intelligence across enterprise data. Druva Replicator is a Data Protection and Disaster Recovery (DR) product for high availability servers. This website uses cookies to improve your experience. In the past few years, Druva has set up subsidiaries in Japan and Germany, and has opened offices in the UK, Australia, and Singapore. Druva was founded in 2007 by Jaspreet Singh, Ramani Kothandaraman and Milind Borate. Its revenues had crossed $15 million in 2013. Founders. When Singh started Druva in 2008 with Milind Borate and Ramani Kothandaraman (Kothandaraman moved on from the startup a few years ago) -- the three met as colleagues at data management firm Veritas Software -- SaaS was … Druva Europe Limited has been running for 10 years. Sign up to uncover company details. $130,000,000 raised with Druva Inc on June, 2019: $80,000,000 raised with Druva Inc on August, 2017: $51,000,000 raised with Druva Inc on September, 2016: $25,000,000 raised with Druva Inc on August, 2014: Druva's Journey Druva was founded in 2008 by CTO Milind Borate, CEO Jaspreet Singh, and Ramani Kothandaraman to cater to the disaster recovery market. Data protection start-up Druva raises $80 millionDruva, a data-protection start-up that counts NASA and French fashion brand Louis Vuitton among its customers, announced a $80 million growth equity fu ramani kothandaraman Druva raises $80 million funding from Riverwood Capital Given the increased threat of cyber attacks such as the ransomware WannaCry in recent months, the timing of the investment is just right for Druva. Druva Inc was initially established in Pune, but after getting sufficient traction, the company shifted its base to Silicon Valley in order to transform into a global products company. Can 1M/1M Help Me With Business Development? Deals involving Ramani Kothandaraman. Latest News Druva Funding in Indian startups this week (17 June-22 June) June 22, 2019 This week … Continue reading "Druva … It has also set up cloud data center offerings in Canada, the UK, and Hong Kong that would satisfy national and regional data protection requirements. He worked here for two years before quitting to found his company, Druva, in 2007. a*****@*** +91 97300 ***** Show profile. It has raised $198 million so far with investments from Tenaya Capital, NTT Finance, Nexus Venture Partners, Sequoia Capital, EMC Ventures, Riverwood Capital, Hercules Capital, and Indian Angel Network. The Network has more than 65 members who have made around 11 investments in the last 20 months in multiple sectors like Information Technology, Mobile, Education, Internet, Intellectual Property and Hospitality. We, at Indian Angel Network, recognised the power and potential of this and believe that this is a product for the global market”, says Rehan yar Khan. In 2015, it recorded five consecutive years of 100% growth and at a June 2015 1M/1M Roundtable, Jaspreet mentioned that the company was operating at revenues between $10 million and $50 million. CloudRanger has raised a total of $1.1 million in funding and had an estimated annual revenue of $2 million. Besides, it will increase its headcount from 700 people to 1,000 by December 2019. ... Druva competes globally … “With our CDP offerings, we endeavour to offer significantly better and complete replacement for traditional backups. Milind Borate - In 2008, Jaspreet Singh, Ramani Kothandaraman, and I founded a technology startup, Druva. Ltd. Ramani is an alum of Cranfield University U.K., who has spent 18+ years at different roles in Public and Private sector, working across several countries. Unicorn sighting: Druva lands $130M for its cloud-native data protection service - SiliconANGLE. All rights reserved. With this Rehan yar Khan, IAN, the founding chairman of Flora2000 and Roger Arondekar, Accord, will join the board of Druva. Druva Europe Limited is an active company incorporated on 6 July 2010 with the registered office located in London, Greater London. The key investors in Druva are Vikig Global Investors, Riverwood Capital, Nexus Venture Partners, Sequoia Capital and Tenaya Capital. Various trademarks held by their respective owners. Indian Angel Network and Accord International (Hong Kong) announced a strategic seed investment into Druva. The three had worked together at data management firm Veritas Software. In September 2016, it raised $51 million at an undisclosed valuation. Druva’s Cloud Platform is comprehensive and contains architected and patented global data deduplication capabilities. Druva, the creator of data protection solutions for SMEs, announced this morning that it has raised $12 million in series B funding. In 2016, it achieved 300% growth in Phoenix revenue and overall revenue grew at 70%-80%. View Ramani Kothandaraman’s profile on LinkedIn, the world’s largest professional community. Role Resigned Director Date of birth June 1966 Appointed on 6 July 2010 ... C/O Druva Inc., 150 Mathilda Place #300, Sunnyvale, California, Usa, 94086 Druva was founded in 2008 by Singh, Milind Borate and Ramani Kothandaraman, who were colleagues at Veritas Software. The privately held company was founded in 2008 by Jaspreet Singh, Milind Borate and Ramani Kothandaraman. Why Is It Important To Study With 1M/1M Now? A company that builds product for backups and data protection aimed … Data protection solutions had become cumbersome to deploy and manage. InSync uses a single dashboard for backup, availability, and governance of endpoint data. Druva is soon expected to enter mobile space with its CDP offerings. As of July 2018, Druva claimed approximately 4,000 customers at the midmarket and enterprise levels. Will I Have Private 1-on-1 Sessions In 1M/1M? Phone. CloudRanger was integrated into the Druva Cloud Platform within 60 days. Druva acquired AWS backup and disaster recovery specialist CloudRanger […]. Organizations are able to ensure mobile data backup, data loss prevention, and data governance along with file sharing and access capabilities. Founded. If you are considering Druva competes globally with the US-based Cohesity and Rubrik. Jaspreet is a young entrepreneur and graduate from IIT Guwahati. It offers cloud data protection and information management, leveraging the public cloud to offer a single pane of glass controls to protect, preserve, and discover information. August 2, 2008. The terms of the deal were not disclosed. The company was founded in 2008 by Milind Borate, Jaspreet Singh and Ramani Kothandaraman. Founders Jaspreet Singh, Milind Borate, Ramani Kothandaraman; Operating Status Active; Last Funding Type Series G; Legal Name Druva Inc. Hub Tags Unicorn Company Type For Profit; Contact Email jade.wilkinson@druva.com; Phone Number 800-852-3060 our mailing list to receive The 15 Largest Global Startup Funding Rounds of June 2019. by Reza Chowdhury. Druva last year acquired Letterkenny, Ireland-based CloudRanger, which streamlines backups, disaster recovery, and server control for AWS Cloud. Based on 70%-80% growth rate, we estimated 2016 revenue of $85-$90 million and forecast 2017 revenue of $144-$157 million. sign up here. The company delivers data protection and management for the cloud. It now looks ready for an IPO. Jaspreet Singh, Milind Borate, Ramani Kothandaraman. Founders: Jaspreet Singh along, Milind Borate and Ramani Kothandaraman. The investors in Druva are known to have made a significant difference to IT and IT Enabled Services in India which today employs thousands of individuals”, says Ramani Kothandaraman, Founder and CEO of Druva Software Pvt. Name. Druva Software is a startup with software product offerings for Business High Availability and Continuous Data Protection (CDP). This product is targeted at medium to large enterprises. “Druva is happy to get strategic seed investment from veterans of Indian IT industry. “We are very excited by Druva’s technology agenda and series of game changing products under development. Druva Inc. is a privately-held software company based in Sunnyvale, California.The company provides SaaS-based data protection and management products for corporations and government agencies. It has grown from being a laptop-backup services provider to a maker of data protection and information management suites for large enterprises. Founded in: 2008. Financing status: USD 80 million for undisclosed round in 2017. More often than not, you faced issues when you tried to restore data that was backed up months ago. Ramani has 7 jobs listed on their profile. Druva doesn’t provide detailed financials but it disclosed in September last year that it is growing at 60% and is on track to reach recurring revenue of $100 million at the end of the fiscal year. Both CloudRanger and Druva employ a cloud-native architecture that enables immediate integration and enhancements. Druva was founded in 2008 by CTO Milind Borate, CEO Jaspreet Singh, and Ramani Kothandaraman. About 72% of its customers are in the Americas, while the rest are spread across Europe and Asia. Druva was founded in 2008 by Singh, Milind Borate and Ramani Kothandaraman, who were colleagues at Veritas Software. Email. He found it alongside his friends, Milind Borate and Ramani Kothandaraman. Druva was born in 2007 when Jaspreet Singh, Ramani Kothandaraman and Milind Borate came together with the thought of disrupting the data protection market. Today, it provides an industry-leading data management-as-as service platform that unifies data protection, governance, and intelligence across enterprise data. Druva inSync Founded in: 2007 Founders: Jaspreet Singh, Ramani Kothandaraman, Milind Borate What makes it cool: Succeeded in a short span in a field dominated by … Druva has also built an extensive security model, employing a security-by-design approach, which has made the company one of the few HIPAA- and FedRAMP-audited organizations in the cloud. Druva is Cloud data protection and management startup founded by Jaspreet Singh, Milind Borate and Ramani Kothandaraman in 2008. In July last year, Druva also strengthened its senior leadership team with the appointment of Thorsten Freitag as Chief Revenue Officer and Sherry Lowe as Chief Marketing Officer. Milind is a IITB alumnus. Druva’s services, which employ a multi-tenant, stateless node architecture with fully elastic storage for both data and metadata, can scale into hundreds of petabytes. Indian Angel Network is the first pan-India Angel network with successful entrepreneurs and high profile CEOs interested in investing in early stage businesses across India having potential to create significant value. The company had raised about $200 million in investments, including an $80 million funding round in 2017. We'll assume you're ok with this. Why Does 1M/1M Partner With Local Organizations? The company started operations in the cloud backup market as a licensed software company before making a foray into subscription-based cloud services in 2012. That we were all equally passionate about building software solutions the Business aims to provide data solutions and data (! Up months ago, Greater London inSync and remote server backup product Phoenix are... 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