Data management firm Druva acquires AWS backup and disaster recovery specialist CloudRanger
Cloud data protection and management company Druva Inc. is acquiring a startup called CloudRanger that specializes in providing backup and disaster recovery services for Amazon Web Services Inc.’s public cloud.
Druva, which sells cloud-based services for backing up and managing corporate files, said the acquisition would help it to expand its own offerings. The company now claims it can offer “native unified coverage” for data protection and management both on-premises and in cloud environments such as AWS and Microsoft Office 365.
Financial terms of the deal were not disclosed.
Ireland-based CloudRanger helps companies to orchestrate resiliency for workloads running on the AWS cloud. Druva said it has seen some substantial growth recently, adding more than 300 new customers within the last six months and growing its revenue by 300 percent, though it didn’t specify absolute numbers. CloudRange counts the likes of NASCAR Digital Media LLC and Vanderbilt University as its customers.
Druva said the acquisition would help its customers pursuing a multicloud strategy, because using multiple storage locations adds to the complexity of data management. In particular, using multiple clouds makes it challenging to adhere to data protection service level agreements, provide resiliency and automate disaster recovery. By acquiring CloudRanger, Druva can provide a single administrative and policy management service for customers regardless of where there data resides, it said.
“The acquisition of CloudRanger extends the reach of the Druva Cloud Platform, which is now unrivaled in the market today,” Jaspreet Singh, founder and chief executive officer of Druva, said in a statement. “With CloudRanger, we provide a holistic end-to-end solution that builds a bridge between traditional infrastructure, and the modern cloud that customers are seeking.”
Druva’s acquisition of CloudRanger follows a strong year for the company in 2017. Back in November, the company secured FedRAMP certification, meaning that federal agencies have been granted permission to use its data protection services in public cloud environments. Last year the company also released a new tool called Apollo that system administrators can use to perform snapshot management of backup and recovery for AWS instances.
The company also completed an $80 million round of funding in August.