Druva, the creator of data protection solutions for SMEs, announced this morning that it has raised $12 million in series B funding. The round was led by Nexus Venture Partners, with participation from existing investor, Sequoia Capital. Jishnu Bhattacharjee of Nexus Venture Partners will be joining Druva's board of directors as a result of this investment, joining Sequoia Capital Managing Director Shailendra Singh, Ramani Kothandaraman, Co-founder and COO of Druva, and and Yoram Novick, CEO and founder of Topio. Source: http://feedproxy.google.com/~r/Techcrunch/~3/9Oc6nUJAYxI/
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