Data-Protection Startup Druva Raises $51 Million in Funding
- Investors include Sequoia India, EDBI, Blue Cloud Ventures
- Latest venture round brings total funding to $118 million
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Druva, a data-protection startup that counts IKEA and NASA among its customers, raised $51 million in a new venture funding to expand its business globally.
The latest financing round brings Druva’s total capital raised to $118 million, the company said in a statement Wednesday. The new investment was led by existing investor Sequoia India and joined by new backers including Blue Cloud Ventures, Hercules Capital and EDBI, the investing arm of the Singapore Economic Development Board. Other existing investors such as NTT Finance, Nexus Venture Partners and Tenaya Capital also contributed to the latest round.