SOURCE: Druva

Druva

May 13, 2015 11:00 ET

Druva Announces Fifth Consecutive Year of Impressive 100+ Percent Growth

Company Successes Driven by International Expansion, Product Additions and Strategic Partnerships; Cloud Business Grows 170 Percent

SUNNYVALE, CA--(Marketwired - May 13, 2015) - Druva, the leader in converged data protection, reported continued rapid growth, citing a 117 percent increase over the previous year. This impressive increase was driven by nearly 1,000 customers signing with Druva and the addition of several strategic partnerships during the last year. With the conclusion of its fiscal year on March 31, this marks the fifth consecutive year that Druva has experienced 100+ percent growth, noting that the company grew its cloud business at an even more impressive rate of 170 percent year-over-year. Rapidly moving beyond its endpoint backup roots, Druva is focused on bringing data-center class availability and governance to the mobile workforce.

Druva's growth has positioned the company as the converged data protection leader, protecting data on more than three million devices in 76 countries. The company's customer base surged from 2,100 to more than 3,000 during the last year, in part due to Druva adding large enterprises such as Continental AG, NBC Universal, Booz Allen Hamilton, Leidos, SunEdison, Jack Henry, ArabTech, GoDaddy, Xerox, PwC, NASA and Shire. Druva, having more than tripled the size of its workforce during the last three years, now has 350 employees working in offices across Europe, Asia and North America.

"Druva remains committed to helping global enterprises reclaim control of their data in an increasingly mobile world. Our steady growth -- from signing new customers and expanding partnerships to entering new international markets with innovative new products -- underscores market demand for data availability and governance solutions like ours," said Jaspreet Singh, CEO, Druva.

"You cannot have an IT transformation conversation without considering cloud-based services, including when looking at modernizing one's data protection strategy," said Jason Buffington, Data Protection Analyst at Enterprise Strategy Group (ESG). "But too many organizations are settling for less-than-corporate grade cloud-based data protection and management. Druva's approach to converged data protection addresses these requirements while providing their customers with the advantages and ease-of-use of cloud. This value and their continued commitment to innovation is now fueling the rapid growth of Druva's business."

New Product Additions, Strategic Partnerships and Patents

Druva added a second product line in October 2014 releasing Phoenix, a first-of-its-kind public cloud solution that unifies hot, warm and cold backup and archiving processes. Druva Phoenix eliminates tape, off-site storage, complexity and 70 percent of the costs of traditional backup and archival systems. Phoenix, combined with Druva's top analyst-rated inSync, provides enterprises with comprehensive availability and governance for business information beyond the data center.

Druva also entered into a number of strategic relationships. These included distribution tier, reseller and technology partners such as CDW, NetOne, NTT Neomeit, Recommind, MobileIron and EMEA distributor Exclusive Networks. In addition, Druva became an Amazon Premier Partner reflective of the company's rapid growth. Druva's partner program, PartnerSync, earned numerous accolades, including recognition among CRN Channel Chiefs, CRN Emerging Vendors and Network Product Guide Program of the Year in 2014.

Finally, Druva was awarded two new patents last year for its "distributed scalable deduplicated data backup system," which enterprises rely upon to achieve highly efficient and increased data utility. These capabilities uniquely enable Druva to deliver multiple availability and governance services on top of a single data repository.

"Druva has always worked to both anticipate and meet market data protection demands," said Jaspreet Singh, CEO, Druva. "Our newly signed customers, strategic partnerships, continued product development, and recent company growth underscore our pledge to stay one step ahead on the innovation curve -- and we have more to come. This ever-growing, ever-evolving space is gaining momentum and Druva is leading the charge."

About Druva
Druva is the leader in converged data protection, bringing data-center class availability and governance to the mobile workforce. With a single dashboard for backup, availability and governance, Druva's award-winning solutions minimize network impact and are transparent to users. As the industry's fastest growing data protection provider, Druva is trusted by over 3,000 global organizations on over 3 million devices. Learn more at www.druva.com and join the conversation at twitter.com/druvainc.

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