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Druva raises $147M at a valuation north of $2B as the cloud rush continues

From TC Druva, a software company that sells cloud data backup services, announced today that it has closed a $147 million round of capital. Caisse de dépôt et placement du Québec (CDPQ), a group that manages Quebec’s pension fund, led the round, which also saw participation from Neuberger Berman. Prior investors including Atreides Management and Viking[…]

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SaaS data protection provider Druva nabs $130M, now at a $1B+ valuation, acquiring CloudLanes

From Tech Crunch June 2019: As businesses continue to move more of their computing and data to the cloud, one of the startups that has made a name for itself as a provider of cloud-based solutions to protect and manage those IT assets has raised a big round of funding to build its business. Druva,[…]