Druva was founded in 2008 by Jaspreet Singh, Milind Borate, and Ramani Kothandaraman. While CEO Singh stated that "the best outcome for Druva is, obviously, to be a public company," he added that a timeline was "to be seen." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Druva is a cloud-based data protection and management platform. The company has raised $475 million in venture capital funding, most recently in a 2021 Equity Funding round that brought in $147 million from CDPQ, the Neuberger Berman Group, Atreides Management, and Viking Global Investors. Other investors include Tenaya Capital, Nexus Venture Partners, Riverwood Capital, Sequoia India, and Hercules Capital. Since 2018, the company has acquired CloudRanger, CloudLanes, and SFApex. The latest round of funding increased Druva's valuation to more than $2 billion.
Druva does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Druva will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
Druva is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Druva is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
