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Druva Joins the Unicorn Club

June 21, 2019

Cloud backup vendor snags new $130 million in fresh funding, earning billion-dollar-plus valuation

Flying high on the ongoing demand for protection and recovery services, Druva took in a new nine-figure round of funding. The cash infusion propelled the cloud data protection vendor into the unicorn club of startups with valuations of more than $1 billion. Additionally, the company is reportedly buying CloudLanes, a start-up provider of data management and protection technology.