Cloud data protection and management firm Druva, Inc. announced the opening of its new facility in Pune, India, which will serve as a key innovation center focused on product development and support the company in reaching its goal of 1,000 employees in the region.
The new facility further expands Druva's footprint and provides a central location for supporting its global client base located across the US, Europe, and APAC.
Jaspreet Singh, Founder and CEO, Druva stated, “The opening of the new center in Pune is a significant milestone for Druva. The development center is a major step toward continuing our global expansion, strengthening our international reach, and positioning Druva to attract the best talent in the world. This is where Druva was founded and we look forward to working on new technology here that will help fuel our aggressive international growth plans."
The aim is to expand India operations to a 1000 employees over the next two years. Currently, Druva has a team of 375 people in Pune across different functions. The firm may also consider a public offering next year if the conditions are conducive.
Backed by Sequoia Capital, Nexus Venture Partners , and Tenaya Capital, among others, Druva has so far raised $200 Mn in funding. Since the company's founding in 2008, Pune has remained the innovation hub for Druva. The new office signals a continued commitment to the region and will provide support for growing international demand.