It has truly been a banner year for Druva. In the first half of 2019 alone, we secured $130 million in funding, crossed $1 billion in valuation, and rolled out our refreshed branding. We’ve also been recognized as a Strong Performer in the 2019 Forrester Wave report on Data Resiliency Platforms, recognized in the Deloitte Technology Fast 500 for the fourth consecutive year, and awarded the Northface ScoreBoard Award and a certified NPS score of 86 for our outstanding customer service.
Not to mention all of the industry-first’s we have launched, from new protection capabilities for today’s most popular AWS workloads and built-in disaster recovery, to the first cloud-based intelligent storage tiering system and backup functionality for leading SaaS applications like Slack and Microsoft Teams.
And now, fueled by increasing cloud adoption, a shift to SaaS-based services and our unmatched platform for data protection, Druva has crossed the $100 million threshold in annual recurring revenue. This is yet another major moment as we cap off an incredible year.