How Druva hit $223.5M revenue and 600 customers in 2023.
Druva is a cloud-based data protection and management platform that enables businesses to backup, recover, and manage their data across endpoints, cloud applications, and data center workloads. The platform provides features such as automated backup and recovery, data governance, eDiscovery, and compliance monitoring. Druva uses artificial intelligence and machine learning algorithms to provide real-time insights and visibility into data usage, security threats, and compliance risks. The company was founded in 2008 and is headquartered in Sunnyvale, California, with additional offices in India, the United Kingdom, Germany, Singapore, and Japan. Druva serves over 5,000 customers worldwide, including Fortune 500 companies and government agencies.
2008
Founded
$223.5M
2023 Revenue
30.86%
YOY
$475M
Funding
Druva Revenue
In 2023, Druva revenue run rate hit $223.5M in revenue.
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2023
Druva hit $223.5M in revenue in 2023
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2019
Druva hit $100M in revenue in 2019
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2008
Druva launched in 2008 with $0 revenue
Druva Funding History
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2021 Series H
Druva raised a Series H of in April, 2021
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2019 Series G
Druva raised a Series G of in June, 2019
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2017 Series F
Druva raised a Series F of in August, 2017
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2016 Series E
Druva raised a Series E of in September, 2016
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2014 Series D
Druva raised a Series D of in August, 2014
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2013 Series C
Druva raised a Series C of in October, 2013
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2011 Series B
Druva raised a Series B of in August, 2011
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2010 Series A
Druva raised a Series A of in April, 2010
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| April, 22 2021 | Series H | ||
| June, 19 2019 | Series G | ||
| August, 22 2017 | Series F | ||
| September, 28 2016 | Series E | ||
| August, 06 2014 | Series D | ||
| October, 15 2013 | Series C | ||
| August, 24 2011 | Series B | ||
| April, 07 2010 | Series A |
Team
Druva has 1,219 total employees and 160 sales reps that carry a quota. They have 600 customers an engineering team of 324 and a marketing team of 27.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 1.2K |
| Engineer | 324 (27%) |
| Sales | 160 (13%) |
| Marketing | 27 (2%) |
Founder / CEO
Jaspreet Singh
Founder and CEO, Jaspreet Singh, brings a combination of product vision and general manager experience and has led Druva to become one of the fastest-growing companies in the multi-billion dollar data protection and management industry. His entrepreneurial spirit enabled him to bootstrap Druva, which is now valued over $2 billion and trusted worldwide by thousands of companies at the forefront of embracing the cloud era. His market and technology insights led him to create the first cloud-native data protection platform, which delivers innovative technology solutions and a distinctive consumption model disrupting a legacy of aging hardware and software. Prior to starting Druva, Jaspreet held foundational roles at Veritas and Ensim Corp. Additionally, he holds multiple patents and has a B.S. in Computer Science from the Indian Institute of Technology, Guwahati.
Q&A
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Customers
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Druva Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Jaspreet Singh | Board Member | [email protected] | - |
| Gregg Adkin | Board Member | [email protected] | - |
| Mike Gustafson | Board Director | [email protected] | - |
| Jishnu Bhattacharjee | Board Member | [email protected] | - |
| Sue Bostrom | Board Member | [email protected] | - |
| Milind Borate | Board Member | [email protected] | - |
| Bill Losch | Board Member | [email protected] | - |
| Dovaldas Buzinskas | Board Member | [email protected] | - |
| Tracey Newell | Board Member | - | [email protected] |
| Tom Banahan | Board Member | - | - |
| Harish Belur | Board Member | - | - |
| Shailendra Singh | Board Member | [email protected] | - |
Frequently Asked Questions about Druva
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When was Druva founded?
Druva was founded in 2008.
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How much revenue does Druva generate?
Druva generates $223.5M in revenue.
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Who is the CEO of Druva
The CEO of Druva is Jaspreet Singh.
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How much funding does Druva have?
Druva raised $475M.
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How many employees does Druva have?
Druva has 1.2K employees.
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Where is Druva headquarters?
Druva is headquartered at 2051 Mission College Blvd, Santa Clara, California, 94086, United States
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