April 19, 2021 10:27 pm | Updated 10:27 pm IST - Bengaluru
Druva Inc., a cloud data protection and management firm, has raised $147 million to scale up operations.
The fundraising was led by Caisse de dépôt et placement du Québec (CDPQ), a global investment group, and Neuberger Berman, each of which manages more than $300 billion in net assets.
This round, which raises the company’s valuation to above $2 billion, also included participation from existing investors Viking Global Investors and Atreides Management, as per a statement from Druva.
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