Sequoia And Nexus Invest $12 Million In Laptop Backup Startup Druva
Summary
Founded in 2007, the Mountain View-based enterprise company now has more than 800 customers, protecting more than 300,000 laptops and devices across the globe, and is beginning to thrive in a market in which it faces competition from the likes of EMC Avamar, Symantec, and Autonomy. Druva’s inSync software (its flagship product) allows companies to take advantage of automated backups of laptops, smartphones, and tablets, protecting corporate data for both in-office and remote users. The software also allows enterprises to retrieve data and make one-click restores of any file or “backup volume from a browser or iOS and Android devices”, according to the Druva team. This de-duplication allows Druva’s backups to rank at speeds ten times those of its competitors, and enables companies to save 90 percent on bandwidth and storage, while maintaining high rates of accuracy for both Outlook and Office applications. According to Sheila Childs, Vice President of Research at Gartner, enterprise organizations are beginning to become aware of the inadequate protection of important data on corporate laptops and mobile devices.
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