Data security startup Druva's valuation doubles to $2 bn on raising $147 mn

The firm counts US space agency NASA and drugmaker Pfizer among its customers; it had become a unicorn last June

Druva, a data-protection startup that counts US space agency NASA and drugmaker Pfizer among its customers, has received $147 million investment as it rapidly scales in response to accelerated demand for its platform. The fundraise was led by Caisse de dépôt et placement du Québec (CDPQ), a global investment group, with a significant investment by Neuberger Berman, each of which manage more than $300 billion in net assets. The round has increased the Pune and California-based company’s valuation above $2 billion. The financing round also included participation from existing investors Viking Global Investors and Atreides Management.

“The unprecedented events of