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Druva vs Veeam
August 11, 2023 | Author: Michael Stromann
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Druva delivers secure backup as a service to the cloud across endpoints, servers and cloud applications, with integrated workflows, global deduplication, and deep search and data analytics capabilities making data protection and information management simpler, safer and more cost effective.
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Veeam Software is the leader in Cloud Data Management, providing a simple, reliable and flexible solution for all organizations, from SMB to Enterprise
Druva and Veeam are both prominent players in the data protection and backup solutions market, each offering unique approaches to safeguarding data. Druva, a cloud-native data protection platform, is renowned for its emphasis on cloud-based backup and disaster recovery services. It provides scalable, automated backup solutions with global deduplication and data governance features, catering to enterprises seeking a streamlined, cloud-centric approach to data protection. On the other hand, Veeam specializes in comprehensive data backup and recovery for on-premises and virtualized environments. It offers advanced capabilities such as instant VM recovery, replication, and backup to various storage targets, making it an attractive option for organizations with complex IT infrastructures and diverse data storage needs.
See also: Top 10 Online Backup services
See also: Top 10 Online Backup services
Druva vs Veeam in our news:
2021. Online Backup service Druva raises $147M
Announcing the closure of a $147 million funding round at a valuation exceeding $2 billion, Druva specializes in offering cloud data backup services. Earlier this month, the official announcement was made regarding the partnership between Dell and Druva, a collaboration that was initially reported in January of this year. The alliance with Dell positions Druva with a substantial customer base to target for future sales opportunities. This strategic move has the potential to significantly bolster the growth of the company, solidifying its position as a prominent player in the industry.
2020. Insight Partners acquires data management company Veeam for $5B
Insight Partners has completed the acquisition of Veeam, a Swiss cloud data management company, for a significant sum of $5 billion. Veeam specializes in providing cloud data backup and disaster recovery solutions to its customers. The company achieved a remarkable revenue of $1 billion in the previous year. With a global presence, Veeam serves a vast customer base of 365,000 organizations worldwide, including an impressive 81% of the Fortune 500 companies. Notably, Veeam offers backup and recovery tools for both Amazon Web Services and Microsoft Azure, and has established partnerships with renowned enterprise vendors such as Cisco, IBM, Dell EMC, and HPE.
2017. Cloud data management startup Druva raised $80M
Druva, a platform that specializes in backup and data protection for around 4,000 business networks, including endpoints, infrastructure, and applications, has secured $80 million in funding. The company aims to strengthen its focus on offering data management and protection solutions for enterprises utilizing public cloud platforms. This puts Druva in direct competition with industry giants like EMC, Commvault, and Veritas, as well as other data management startups like Rubrik. With this latest funding round, Druva's total raised capital approaches $200 million. To put this into perspective, one of its competitors, Rubrik, achieved a valuation of $1.3 billion after raising $180 million earlier this year. Druva was last valued at approximately $637.5 million during its previous funding round in 2016 (raising $51 million). The company reports a remarkable growth rate of over 300% in the past year, boasting prominent customers such as Continental, Emerson, Flex, and Fujitsu.
