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Software unicorn Druva buys data protection startup CloudLanes
short by Kanishka Pandey / on Thursday, 18 July, 2019
US-based cloud backup and data protection unicorn Druva has acquired data protection startup CloudLanes for an undisclosed amount. Founded in the year 2015, CloudLanes introduced a secondary storage platform built on public clouds with a hybrid cloud approach. Sequoia-backed Druva had achieved its unicorn or billion-dollar status in a $130-million funding led by Viking Global Investors in June.
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