Today, data security vendor Druva is making some major news. They stated that they have surpassed $100 million in annual recurring revenue (ARR), marking another major milestone reflective of the company’s continuous, hyper-growth. It has been enhanced by increasing cloud adoption and a shift to SaaS delivery for data protection, and has led to Druva almost tripling its annual revenue in three years. Secondly, Druva has extended data protection capabilities for Amazon Web Services (AWS) enterprise workloads, including innovative backup and data management for Amazon Simple Storage Service (Amazon S3), long-term archiving for Amazon Elastic Block Store (Amazon EBS) snapshots and new global policies for AWS accounts. Finally, Druva has released a smaller piece of news, a new integration with CrowdStrike Falcon Next-Gen SIEM
The Druva ARR financials news builds on the company’s announcement this summer that it had secured an additional $130 million in late-stage funding. Created entirely on AWS, Druva is helping companies successfully enter the cloud era through radically simple data protection and management, increasing data availability, resilience and security to yield more from their data, reduce required oversight through one-click automation, and realize data’s value at a fraction of the cost of aging, investment-heavy alternatives. Gartner says that 80 percent of enterprises will migrate entirely away and close their on-prem data centres by 2025.
“There is only one technology capable of keeping pace with today’s demands for rapid innovation, on-demand scalability, robust security and sheer compute power – cloud,” said Jaspreet Singh, founder and CEO, Druva. Driven by a 70% increase in customer adoption of Druva’s data centre solutions, the company has seen a 40 percent increase in its cloud business overall. They also posted a certified NPS score of 86. This includes more than 500 of the company’s 4,000 enterprise customers leveraging Druva’s platform to protect multiple workloads. Druva also now serves more than 10 percent of the Fortune 500, including companies like Flex, Hitachi, Live Nation, Marriott, and Pfizer.
“Customers trust us to help them successfully transform their businesses through the cloud, and with our depth of workload coverage, and seamless platform, they can immediately experience substantial cost savings, continuous innovations, and enhanced security every day,” Singh stated. “As others introduce solutions in the category we have pioneered, Druva is accelerating growth, expanding data protection capabilities and cementing ourselves as the clear category leader.”
Singh provided detail on the technological level that Druva is now providing.
“Building an agentic interface has been an incredible learning experience,” he stated. “Not only are we able to improve customer experience, but we are also learning a lot faster in the process. We are now transitioning from AI being an “assistive” layer to launching new features that will be exclusive to the Druva AI/ conversation interface.”
Singh also stressed that data remains a major concern for many companies.
“Despite rising security budgets, data remains a structural flaw in many cyber resilience strategies,” he said. “It’s time to stop thinking of backups as a last resort. Backups should serve as your fastest path to clarity, continuity, and control. Beyond standard logs, 99% of all security artifacts critical for DFIR are already present in the backup – this includes event logs, memory dumps, ransom notes etc. The question is how to surface them more effectively to the right personas.”
Earlier this summer, Druva opened a new global headquarters in Sunnyvale, Calif., and a new regional office in Singapore. The executive team has added several seasoned industry leaders as well, including Thomas Been as chief marketing officer, Holly Cafiero as chief human resources officer, Jung-Kyu McCann as general counsel and Stephen Manley as chief technologist.
Druva also made a second announcement of note – extended data protection capabilities for Amazon Web Services (AWS) enterprise workloads, including innovative backup and data management for Amazon Simple Storage Service (Amazon S3), long-term archiving for Amazon Elastic Block Store (Amazon EBS) snapshots and new global policies for AWS accounts. With these latest additions, customers can more effectively manage some of today’s most popular workloads, enable consistent storage policies across the platform and lower costs with Druva’s automated storage tiering capabilities. Given this influx of data now requiring oversight, a centralized approach can help teams properly manage their data, meet compliance requirements, and optimize storage.
“AWS’s ease-of-use, competitive cost, and vast array of services have enabled enterprises to build today’s applications, scaling on demand and innovating for the future,” said Mike Palmer, formerly Chief Product Officer at Druva. “Given how easy it is to set up environments in AWS, enterprises look to further reduce business risk, increase operational efficiency, and retain visibility of all their data. As one of the only data protection solutions built entirely on AWS, and given our intimate knowledge of it, Druva is the ideal solution to help leverage AWS to the fullest and drive our customers’ business forward.”
“Protecting production workloads and data hosted on AWS can introduce complexity as a by-product of the freedom of choice AWS offers to customers,” said Steven Hill, senior analyst at 451 Research. “The global, policy-based data protection and life-cycle automation Druva is adding to its cloud-native data protection service on AWS provides the tools needed to effectively manage that complexity. In addition, Druva leverages the flexible cost efficiency and resilience of any Amazon S3 storage tier as a platform for long-term archiving and governance of AWS EBS volume snapshots.”
“We are excited to see these great new features available from Druva, including Amazon S3 support,” said Alastair Hill, director and Chief Technical Officer, Dotmatics. “We manage thousands of snapshots with varying data life cycle requirements, due to internal compliance SLAs, and these new features from Druva allows us to retain our backups for longer while paying less.”
Druva’s new capabilities are expected to be generally available by Q1 2020 within Druva CloudRanger and immediately available to select customers via early access.
Finally, several weeks ago Druva announced a new integration with CrowdStrike Falcon Next-Gen SIEM, now available on the CrowdStrike Marketplace. This collaboration enables customers to ingest Druva backup and data telemetry into Falcon Next-Gen SIEM, delivering AI-powered insights that help organizations accelerate response, strengthen cyber resilience, and stop breaches.
Falcon Next-Gen SIEM combines native Falcon platform and third-party data with industry-leading threat intelligence and AI-driven automation. By adding backup data as a new source of insight, IT and security teams gain deeper visibility into anomalies and threats, enabling faster detection, streamlined investigations, and resilient recovery.
“Modern ransomware threats demand speed, context, and coordination,” said Yogesh Badwe, Chief Security Officer at Druva. “By integrating Druva’s backup intelligence with CrowdStrike Falcon Next-Gen SIEM, IT and security teams gain the shared context they need to act faster and recover smarter. This joint solution delivers rich telemetry across security and backup environments, streamlines workflows between IT and security teams, and enables fast, clean cyber recovery to minimize disruption and reinfection risk.”