SUNNYVALE, Calif. – (BUSINESS WIRE) Druva, Inc., the leader in cloud data protection and management, today announced that Jaspreet Singh, founder and CEO, is a finalist for the EY Entrepreneur Of The Year® 2019 Award in the Northern California region. Widely considered one of the most prestigious business awards programs in the U.S., it recognizes entrepreneurs and leaders of high-growth companies who excel in areas such as innovation, financial performance and personal commitment to their businesses and communities, while also investing in the local community.
Founding Druva, Singh and his co-founders recognized the need for a new data protection solution that would eliminate the reliance on unnecessary hardware, capacity planning and software management. As organizations increasingly transform their business with cloud, Druva delivers data protection and management across endpoint, data center and cloud workloads, which eliminates the dependence on complex infrastructure and time-consuming administration while cutting costs by more than 50 percent. In addition to recognizing the cloud era to come, Singh’s entrepreneurial spirit enabled him to bootstrap Druva, which has now raised almost $200M in venture funding from some of today’s most recognizable firms, including Sequoia Capital, Tenaya Capital, Riverwood Capital and Nexus Partners.
“Druva started as a dream, and now helps more than 4,000 customers accelerate growth and make critical business decisions through an innovative and powerful SaaS solution,” said Singh. “The entrepreneurial spirit that drove me a decade ago has been present ever since and has become part of the company culture as we look for innovative ways to help customers protect and manage their most valuable asset – data. I’m humbled by this recognition from EY, and it is a testament to the hard work and dedication of every person at Druva.”
Now in its 33rd year, the Entrepreneur Of The Year program has expanded to recognize business leaders in more than 145 cities and more than 60 countries throughout the world. Singh was selected as a finalist by a panel of independent judges, and award winners will be announced at a special black-tie gala event on Friday, June 21 at the Fairmont San Jose. Regional award winners are eligible for consideration for the Entrepreneur Of The Year National competition.
About Entrepreneur Of The Year®
Entrepreneur Of The Year®, founded by EY, is the world’s most prestigious business awards program for entrepreneurs. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities and more than 60 countries.
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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, Viking Global, Tenaya Capital, Riverwood Capital and Nexus Partners. Visit Druva and follow us @druvainc.