Press release

Druva Sets Sights on Rapid Expansion in Asia Pacific

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Druva,
Inc., the leader in cloud data protection and management, today
announced the opening of its new office in Singapore to support
Asia-Pacific enterprises increasingly turning to the cloud to protect
and manage their most critical asset – data. Focused on expanding its
headcount and tripling revenue in the region, Druva will deliver
enhanced support through focused, local expertise and a partner network
of more than 600 existing customers in Asia-Pacific.

The Asia-Pacific region boasts one of the fastest growing technology
markets in the world, with market research firm IDC forecasting* a 32.6
percent compound annual growth rate (CAGR) for cloud services revenue
between 2016-2021, exceeding the worldwide average of 21.9 percent. As
enterprises embrace cloud technology to meet the growing demands of
data, Druva is helping IT teams streamline management, visibility and
compliance of swelling data sets – all without the burden of unnecessary
hardware, capacity planning, or software management.

“Emerging businesses in Asia-Pacific, and around the globe, understand
that an effective way to grow quickly and meet market demands is by
deploying technology that can scale with your business,” said Jaspreet
Singh, CEO and founder, Druva. “Our new Singapore office will support
our goal to provide every business with a better and simpler way to
manage their most valuable IP, enterprise data.”

China Aviation Oil Corporation is the largest physical jet fuel trader
in Asia-Pacific and the key supplier of imported jet fuel to China’s
civil aviation industry.

“We welcome Druva’s expansion in Asia-Pacific,” said Wayne Choe, IT
Infrastructure Manager, China Aviation Oil Corporation. “Our IT team
already relies on Druva to protect our data, restore files, and meet any
regulatory needs and we are excited to have a local team that can also
support us as our data demands continue to grow.”

Comprised of eight schools and colleges, Nanyang Technological
University is the second largest university in Singapore with more than
33,000 students and 10,000 faculty.

“The use of cloud-based technology like Druva’s comprehensive backup and
recovery has been critical to protecting the data of our faculty,
employees and students,” said Alan Loe, Deputy Director, e-Learning and
IT services, Lee Kong Chian School of Medicine, Nanyang Technological
University. “Druva offers rapid restores, scalability and
cost-effectiveness that exceeds our expectations and we look forward to
strengthening our relationship with Druva in Singapore.”

Druva has also secured SG:D
Accreditation from the Singaporean government; a recognition of
Druva exceeding stringent technology and industry standards. With this
certificate, Druva will also be able to service the country’s government
agencies and top organizations

“We are very pleased to work with Druva as it scales in the APAC region
through the opening of the new Singapore office,” said Edwin Low,
Director of Accreditation@SG Digital. “Druva’s innovative de-duplication
technology coupled with its cloud-native architecture makes the company
a global leader in the market. As we’ve seen, the shift to cloud
infrastructure enables organizations, across government and industry, to
reap significant gains.”

Additional information

*IDC, Worldwide and Regional Public IT Cloud Services Forecast,
2018-2021, doc #US43625818, March 2018

About Druva

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 over 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, Tenaya Capital,
Riverwood Capital and Nexus Partners. Visit Druva
and follow us @druvainc.