Company Market Research Report
Company Overview
Name: Druva Inc.
Mission of the Company
Druva is focused on providing simple, reliable data protection and management as-a-service.
Founded
- Year: 2008
- Founders: Jaspreet Singh and Milind Borate
Key People
- Jaspreet Singh: Founder and Chief Executive Officer
- Milind Borate: Co-Founder and Chief Development Officer
- Mahesh Patel: Chief Finance and Operations Officer
- Hsinya Shen: Vice President, General Counsel
- Stephen Manley: Chief Technology Officer
- Yogesh Badwe: Chief Security Officer
- Tom Brown: Chief Human Resources Officer
- Ranga Rajagopalan: Chief Marketing Officer
- John Hultman: Chief Revenue Officer
- Nitin Nagpal: Senior Vice President and General Manager, Druva Products
Headquarters
- Location: Santa Clara, California, USA
Number of Employees
- No information available
Revenue
- Annual Recurring Revenue for 2023: Surpassed $200M
Company Recognition
- Known For: Druva is known for its cloud-native, fully managed SaaS platform that automates data protection and recovery.
Products
Overview
Druva offers a range of products designed to secure, backup, and recover data across various environments.
Products Offered
1. Druva Data Security Cloud
- High-Level Description: A comprehensive SaaS platform that secures and recovers data from all threats.
- Key Features:
- Autonomous Protection
- Rapid Response
- Guaranteed Recovery
2. Public Cloud Backup
- High-Level Description: Cloud-native backup for AWS and Azure environments.
- Key Features:
- Centralized management
- Global deduplication and compression
- Immutable snapshots
3. Hybrid Cloud Backup
- High-Level Description: A hybrid cloud solution that offers backup, disaster recovery, and long-term retention.
- Key Features:
- Unified management console
- No infrastructure dependency
- On-demand scalability
4. End User & SaaS Apps Backup
- High-Level Description: Protection for SaaS applications like Microsoft 365, Salesforce, and Google Workspace.
- Key Features:
- Automated backup
- Granular recovery
- Secure, compliant storage
5. Cyber Response & Recovery
- High-Level Description: Security solutions designed to detect, respond to, and recover from cyber attacks.
- Key Features:
- Accelerated Ransomware Recovery
- Security Posture and Observability
- Managed Data Detection & Response
Recent Developments
2024
1. Introduction of Dru Assist
- AI capabilities designed to revolutionize customer support.
2. Enhanced Data Security
- Support for Microsoft Entra ID added.
3. Signed CISA Secure by Design Pledge
4. Launched the Data Security Cloud
- The industry’s leading SaaS-first platform to secure and recover data from all threats.
5. Hosted inaugural 2024 Partner of the Year awards
2023
1. Named a Leader in IDC MarketScape for Worldwide Cyber Recovery
2. Expanded Multi-Cloud Data Protection
- Added Azure VM backup
3. Enhanced Global Partner Program
- Partner+ program launched
4. Named to the Forbes Cloud 100
5. Surpassed $200M in ARR
6. Launched AI copilot for backup
- Introduced Dru
7. Awarded 2023 AWS Global Storage Partner of the Year
8. Recognized by Gartner® Peer Insights™
- Only Customers' Choice for Disaster Recovery as a Service in 2023
Other Notable Developments
1. 2022
- Named Best SaaS Platform for Data Resiliency
- Introduced Druva Data Resiliency Guarantee
2. 2021
- Unveiled the industry’s first Data Resiliency Cloud
3. 2020
- Named Data Management Company of the Year by Data Breakthrough Awards
4. 2019
- Opened new offices in Sunnyvale and Singapore
Conclusion
Druva has established itself as a leader in the data protection industry with a broad range of innovative products and services tailored for both cloud and hybrid environments. The company continually evolves its offerings to meet the dynamic threats posed by the modern IT landscape. With significant recognitions and a solid financial standing, Druva is positioned to continue its trajectory of growth and innovation.