Business

Cloud firm Druva raises $147 mn

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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Printable version | May 18, 2021 2:40:24 PM | https://www.thehindu.com/business/cloud-firm-druva-raises-147-mn/article34361807.ece

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