Press Release

Druva Recognized for the Fifth Consecutive Year as One of the Fastest-Growing Companies in North America on Deloitte’s 2020 Technology Fast 500™

As the only data protection vendor included this year, Druva’s category leadership and sustained, continuous high growth help the company secure a spot on the annual list

SUNNYVALE, Calif. ‒ November 19, 2020Druva Inc., the leader in Cloud Data Protection and Management, today announced it has been recognized in Deloitte’s Technology Fast 500, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 26th year. This is Druva’s fifth consecutive year being named to the annual list, and as the only data protection vendor included in 2020, highlights the company’s continued growth as businesses across the globe turn to new technologies – designed and built in the cloud – to propel their organization into the cloud era.

“The events of this past year have been unprecedented in their sheer scale and magnitude, forcing every business to re-evaluate their business model, customer value, and workforce security,” said Jaspreet Singh, founder and CEO, Druva. “Cloud’s accessibility, robust security architecture, and cost savings have made it the defining technology of 2020. Built on that same principle, cloud-based data protection is bringing thousands of companies the business agility and data resilience needed to adapt with today’s dynamic marketplace. In light of this year’s events, our inclusion in the Deloitte Technology Fast 500 is even more gratifying, and a true testament to the company we have built over the years, as well as the passion of our incredible customers.” 

As revealed in Druva’s recent 2020 Value of Data Report, 79 percent of IT leaders see data management and protection as a competitive business advantage and in 2020, Druva has continued to set the pace for the wider industry. The company now manages more than 166PB of data and in the last year more than 1,000 data center customers have turned to Druva to streamline data management and compliance while improving TCO by up to 50 percent and eliminating legacy on-premises hardware. In October, Druva surpassed 6.2 million daily backups, a 25 percent increase since the company announced it was performing 5 million daily backups nearly six months earlier. This summer Druva announced a new partnership with Tech Data, a global IT distributor and solutions aggregator, to bring customers access to a wider set of preferred partners while eliminating supply chain constraints and further reducing costs.

Druva has also continued to expand its comprehensive data protection portfolio and in the last few months has brought forward a series of industry firsts. Earlier this week at DxP: Cloud Data Protection Summit 2020, the company announced the acquisition of sfApex, bringing advanced data protection, sandbox management and data governance to Salesforce, the leading CRM platform. At the event, the company also introduced expansive new capabilities to help customers combat the rising threat of ransomware, and direct-to-cloud support for Oracle databases on-premises and in the cloud. Keynotes and sessions with speakers from AWS, Gartner, Hope Global, Regeneron, Republic Services, VMware, Zoom and more are now available on-demand. 

In September, Druva introduced the industry’s first SaaS-based data protection for Kubernetes, the most widely adopted enterprise-grade container orchestrator. Druva Cloud Platform has also continued to be recognized for its best-in-class customer experience, receiving awards from TrustRadius and G2, as well as receiving a certified NPS score of 88.

 

About Deloitte’s 2019 Technology Fast 500™

Now in its 26th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2016 to 2019.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

 

Additional Information

 

About Druva

Druva delivers Data Protection and Management for the cloud era. Druva Cloud Platform is built on AWS and offered as-a-Service; customers drive down costs by up to 50 percent by freeing themselves from the burden of unnecessary hardware, capacity planning, and software management. Druva is trusted worldwide by over 4,000 companies at the forefront of embracing the cloud. Druva is a privately held company headquartered in Sunnyvale, California and is funded by Sequoia Capital, Viking Global Investors, Tenaya Capital, Riverwood Capital and Nexus Partners. Visit Druva and follow us @druvainc.

 

Media Contact:

Jesse Caputo
Director of Public Relations
Druva Inc.
+1.516.815.2836
jesse.caputo@druva.com

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