Press release

New Druva Global Headquarters Marks Major Milestone and Exceptional Growth

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Druva,
Inc., the leader in cloud data protection and management, today
announced the opening of a new global headquarters in Sunnyvale, Calif.
to support its expanding headcount in Silicon Valley and across the
globe as demand accelerates for its industry-leading data protection
technology. Driven by over 80 percent revenue growth for backup and
disaster recovery of enterprise workloads and an expanding international
customer base, Druva is preparing for continued customer acquisition,
rapid product innovation and headcount acceleration by more than 50
percent year-over-year.

Storing, protecting and managing of secondary data has increasingly
become a chief differentiator for companies, and IDC forecasts the costs
of managing these massive data sets will exceed $55 billion by 2020.
Built on AWS and offered as-a-Service, businesses are now experiencing
first-hand the benefits of Druva’s unique technology, free of legacy
architecture, software or hardware. Only Druva enables organizations to
scale their needs on-demand, backup and recover data across the globe,
and automate processes to streamline backup while cutting costs by more
than 50 percent. With the opening of the new headquarters, Druva is
continuing its commitment to hiring top talent and providing facilities
for teams to develop industry-first data protection solutions, deliver
greater value to customers and offer a best-in-class user experience.

“No enterprise wants to invest in the cumbersome infrastructure
necessary for data backup, let alone deal with all the management that
comes with it,” said Jaspreet Singh, founder and CEO, Druva. “Digital
transformation and cloud technologies offer a chance to break free of
those legacy systems, and Druva is uniquely positioned to support
businesses adopting a cloud-first approach. Today marks a major
milestone in our own journey as we celebrate the opening of our new
global headquarters.”

Located in the heart of Silicon Valley, Druva will occupy 32,000 square
feet across two floors, tripling the company’s headquarters facility
footprint in the last two years. Over the last eight months, Druva has
also expanded its international presence with the opening of a new
innovation center in Pune, India, and an Asia-Pacific regional hub
in Singapore.
In November 2018, Druva was also recognized
by Deloitte as one of the fastest growing technology companies for
the third consecutive year, and was the only data protection and
management vendor recognized.

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 cloud. Druva is a privately held company headquartered in
Sunnyvale, California and is funded by Sequoia Capital, Tenaya Capital,
Riverwood Capital and Nexus Partners. Visit Druva
and follow us @druvainc.