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In a number of follow-up pieces to the Computer Weekly Developer Network (CWDN) series focusing on Computational Storage, CWDN continues the thread with some extended analysis in this space.
The below commentary features a Q&A with Stephen Manley in his role as CTO of Druva a company known for its cloud-native data protection. The company offers a SaaS platform for data protection across datacentres, cloud applications and endpoints.
The central technology proposition and promise from Druva is a chance to securely backup and recover data with the scale and simplicity of the public cloud – and so (because we’re talking public cloud) only pay for what you use.
‘Technology is ultimately for improving customer experience’ – 20 quotes of the week on digital transformation and impacts May 7, 2021
From digital change to Digital India, these quotes from the week of April 26 - May 2 capture tech impacts sweeping across the world. 11 CLAPS
(see the previous post
). Share these 20 gems and insights with your colleagues and networks, and check back to the original articles for more insights.
To create a digital ecosystem, you can either compete or collaborate with ecosystem partners. - Eddie Chibi, Cassava Smartech
The role of government is extremely important in technology adoption in urban planning, city development, and incubating the PropTech ecosystem. - Ashwath Narayan, DCM, Karnataka
Druva raises $147M at $2B+ valuation as cloud backup market keeps growing
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Druva Inc., a major player in the growing cloud-based data protection market, has closed a $147 million funding round at a valuation exceeding $2 billion.
The company, which first achieved unicorn status in 2019, announced the new financing today. Canadian investment firm CDPQ led the round. It was joined by Neuberger Berman as well as existing Druva backers Viking Global Investors and Atreides Management.
Sunnyvale, California-based Druva was one of the first players in the now-crowded cloud data protection market when it joined the fray nearly a decade ago. The startup provides a software-as-a-service platform hosted on Amazon Web Services that companies can use to back up their business records. Druva’s platform can back up data from public clouds and software-as-a-service products such as Microsoft 365, as well as on-premises infrastructure and employee devices.
The popularity of software-as-a-service applications in the enterprise is also requiring changes in cloud data protection.
Today, Dell Technologies Inc. launched Dell EMC PowerProtect Backup Service powered by Druva Inc. to address the need for native data protection without adding new layers of complexity for IT administrators.
“Only a couple of years ago, our focus was very much on on-premises data protection, but over the last couple of years, more workloads have shifted to the cloud and customers have started adopting SaaS applications,” said Rob Emsley (pictured, right), director of product marketing at Dell. “When it comes to protecting yourself from accidental deletion, protecting yourself from cyberthreats and cybercrime that may infect your data through malicious acts, that’s really where you need to supplement the environment the cloud providers provide you with best-in-class data protection solutions.”