Based on the recently disclosed 60% growth rate for 2018, we estimate revenue of $234-$251 million for 2018. Other core products include the endpoint backup platform InSync and remote server backup product Phoenix. ongoing information, please It has grown from being a laptop-backup services provider to a maker of data protection and information management suites for large enterprises. 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. 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. 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 Europe Limited is an active company incorporated on 6 July 2010 with the registered office located in London, Greater London. How Does 1M/1M Democratize Management Consulting? 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 [email protected]; Phone Number 800-852-3060 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. It has been executing solidly and quietly without too much hype. Milind Borate - In 2008, Jaspreet Singh, Ramani Kothandaraman, and I founded a technology startup, Druva. CloudRanger was integrated into the Druva Cloud Platform within 60 days. 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. In 2016, it achieved 300% growth in Phoenix revenue and overall revenue grew at 70%-80%. Druva was founded in 2008 by Jaspreet Singh, Borate and Ramani Kothandaraman. 1 crore. Druva was founded by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman in 2008. Founded in 2008 by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman, Druva offers cloud data protection and information management, leveraging the public cloud to … Phone. 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. “We are very excited by Druva’s technology agenda and series of game changing products under development. Latest News Druva Funding in Indian startups this week (17 June-22 June) June 22, 2019 This week … Continue reading "Druva … InSync uses a single dashboard for backup, availability, and governance of endpoint data. Druva competes globally with the US-based Cohesity and Rubrik. Ramani Kothandaraman Druva Inc - Co-Founder. They wanted to change that. Organizations are able to ensure mobile data backup, data loss prevention, and data governance along with file sharing and access capabilities. Abhay Ghaisas. More often than not, you faced issues when you tried to restore data that was backed up months ago. The business aims to provide data solutions and data protection to different enterprises. […] 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. Milind is a IITB alumnus. 5 free credit every month. 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 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 Druva was founded in 2008 by Singh, Milind Borate and Ramani Kothandaraman, who were colleagues at Veritas Software. 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 was founded in 2008 by CTO Milind Borate, CEO Jaspreet Singh, and Ramani Kothandaraman. With this Rehan yar Khan, IAN, the founding chairman of Flora2000 and Roger Arondekar, Accord, will join the board of Druva. Druva was founded in 2008 by Singh, Milind Borate and Ramani Kothandaraman, who were colleagues at Veritas Software. 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 |. 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. Ramani Kothandaraman. It raised $25 million in August 2014 at a valuation of INR 14 billion (~$220 million). 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. The 15 Largest Global Startup Funding Rounds of June 2019. by Reza Chowdhury. Today, it provides an industry-leading data management-as-as service platform that unifies data protection, governance, and intelligence across enterprise data. 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… The three of us realized that we were all equally passionate about building software solutions. Name. Druva is one of the prime examples of building a global technology company from India. About 72% of its customers are in the Americas, while the rest are spread across Europe and Asia. Druva, the creator of data protection solutions for SMEs, announced this morning that it has raised $12 million in series B funding. The company delivers data protection and management for the cloud. Druva was founded in Pune by Singh, an Indian Institute of Technology-Guwahati graduate, along with Milind Borate and Ramani Kothandaraman back in 2008. Why Does 1M/1M Partner With Local Organizations? Various trademarks held by their respective owners. How Does 1M/1M Help Entrepreneurs Connect With Silicon Valley? 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. Till date, Druva has raised $328 million risk capital. We'll assume you're ok with this. According to Inc42 magazine, Druva concentrated on building high-end software products. Druva inSync is a unique product offering enterprise CDP for laptops and desktops. 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. 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. In September 2016, it raised $51 million at an undisclosed valuation. View Ramani Kothandaraman’s profile on LinkedIn, the world’s largest professional community. a*****@*** +91 97300 ***** Show profile. Druva’s cloud platform is built on Amazon Web Services (AWS). The privately held company was founded in 2008 by Jaspreet Singh, Milind Borate and Ramani Kothandaraman. It was launched by IIT-Guwahati alumnus Jaspreet Singh along with Milind Borate and Ramani Kothandaraman in … 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 is the next generation of back-up, making current forms of back-up obsolete, and represents Indian innovation. Both CloudRanger and Druva employ a cloud-native architecture that enables immediate integration and enhancements. Druva was born in 2007 when Jaspreet Singh, Ramani Kothandaraman and Milind Borate came together with the thought of disrupting the data protection market. 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. He found it alongside his friends, Milind Borate and Ramani Kothandaraman. becoming a 1M/1M premium Sign up to uncover company details. Druva was founded in 2007 by Jaspreet Singh, Ramani Kothandaraman and Milind Borate. our mailing list to receive Druva was founded in 2008 by CTO Milind Borate, CEO Jaspreet Singh, and Ramani Kothandaraman. $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: Deals involving Ramani Kothandaraman. It last raised $80 million in August 2017 at an estimated valuation of $500-$600 million. Global data protection and availability is a rapidly growing segment within Storage domain. 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. When Druva goes public, 20 of our employees in India would be able to make Rs. This product is targeted at medium to large enterprises. The three had worked together at data management firm Veritas Software. See the complete profile on LinkedIn and discover Ramani’s connections and jobs at similar companies. We are looking ahead at years of continued triple digit growth rate” says Jaspreet Singh co-founder and VP Business Development. Employee contacts. This website uses cookies to improve your experience. Ramani has 7 jobs listed on their profile. Why Is It Important To Study With 1M/1M Now? Various analyst reports predict its growth to be further driven by availability, compliance and security concerns. 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 … member and would like to join 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. 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. 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. A leading player in the space is data protection solutions provider Druva that recently made its first acquisition. Unicorn sighting: Druva lands $130M for its cloud-native data protection service - SiliconANGLE. The company was founded in 2008 by Milind Borate, Jaspreet Singh and Ramani Kothandaraman. All rights reserved. A company that builds product for backups and data protection aimed … Druva Europe Limited has been running for 10 years. August 2, 2008. If you are considering 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. Data protection solutions had become cumbersome to deploy and manage. 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. For more information contact [email protected], © 2020 Druva Inc. and/or its affiliates. Talent acquisition and retention. He worked here for two years before quitting to found his company, Druva, in 2007. Druva offers a cloudfirst platform for data availability and information governance. Druva last year acquired Letterkenny, Ireland-based CloudRanger, which streamlines backups, disaster recovery, and server control for AWS Cloud. Indian Angel Network and Accord International (Hong Kong) announced a strategic seed investment into Druva. Founded. 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 … Druva is Cloud data protection and management startup founded by Jaspreet Singh, Milind Borate and Ramani Kothandaraman in 2008. Druva is soon expected to enter mobile space with its CDP offerings. 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… Will I Have Private 1-on-1 Sessions In 1M/1M? Druva acquired AWS backup and disaster recovery specialist CloudRanger […]. Founders: Jaspreet Singh along, Milind Borate and Ramani Kothandaraman. 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. “With our CDP offerings, we endeavour to offer significantly better and complete replacement for traditional backups. ... Druva competes globally … Social media. “Druva is happy to get strategic seed investment from veterans of Indian IT industry. Druva Software is a startup with software product offerings for Business High Availability and Continuous Data Protection (CDP). It was back in 2008 that Milind Borate, Jaspreet Singh and Ramani Kothandaraman set out to create a … So, extrapolating from these two conversations, Druva should have been at over $50 million annual revenue in 2015. The key investors in Druva are Vikig Global Investors, Riverwood Capital, Nexus Venture Partners, Sequoia Capital and Tenaya Capital. How Does 1M/1M Democratize Entrepreneurship Education? Based on 70%-80% growth rate, we estimated 2016 revenue of $85-$90 million and forecast 2017 revenue of $144-$157 million. 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. Druva was founded in Pune, but after it gained traction, it shifted its headquarters to Sunnywale, California. Company from India a cloud-native architecture that enables immediate integration and enhancements (! Silicon Valley Services ( AWS ) the world ’ s technology agenda series! Acquired Letterkenny, Ireland-based CloudRanger, which streamlines backups, disaster recovery specialist CloudRanger [ … ] by druva s... The druva Cloud platform is comprehensive and contains architected and patented global data and... Is data protection service - SiliconANGLE 60 % growth in Phoenix revenue and overall revenue at. 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