Druva Sets the Pace for Cloud Data Protection, Surpassing $100 Million in Annual Recurring Revenue
Summary
SUNNYVALE, Calif.--(BUSINESS WIRE)--Druva, Inc., the leader in Cloud Data Protection and Management, today announced it has surpassed $100 million in annual recurring revenue (ARR), marking another major milestone reflective of the company’s continuous, hyper-growth. Built entirely on Amazon Web Services (AWS), Druva is helping companies successfully enter the cloud era through radically simple data protection and management. “There is only one technology capable of keeping pace with today’s demands for rapid innovation, on-demand scalability, robust security and sheer compute power - cloud,” said Jaspreet Singh, founder and CEO, Druva. “Customers trust us to help them successfully transform their businesses through the cloud, and with our depth of workload coverage, and seamless platform, they can immediately experience substantial cost savings, continuous innovations, and enhanced security every day. Druva Cloud Platform is built on AWS and offered as-a-Service; customers drive down costs by up to 50 percent by freeing themselves from the burden of unnecessary hardware, capacity planning, and software management.