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The funding round was led by investment group Caisse de dépôt et placement du Québec (CDPQ), with participation from Neuberger Berman, Viking Global Investors and Atreides Management. The money will be used to continue the company’s expansion.
Druva has developed a cloud-nacybersecuritytive platform that helps organizations protect data across cloud environments, endpoint devices, SaaS applications and hybrid environments.
Druva says its solutions are used by thousands of organizations worldwide, including 50 of the Fortune 500 companies.