Editor’s Note: Here is an interesting acquisition of CloudLanes by cloud data protection and management company, Druva. CloudLanes, founded in 2016, offers cloud secondary data platform and cloud storage gateway solutions that allow organisations to manage and move petabyte-scale data to any cloud for storage, backup and archive purposes in a fast, secure, and auditable manner.
CloudLanes uses something called the ‘Cloud Optimized SMART Cache’ which allows the auto-tiering of offline data migration to cloud to help customers reduce cloud storage costs. Once the data is in the public cloud, data can be automatically processed, tiered and transformed, with the ability to make single file restores.
We feel this acquisition is a good match for Druva and suits its “everything in the cloud” business model while extending its capabilities to on-premises, hybrid and edge environments. It will allow the backup vendor to use CloudLanes’ tech to enhance the data mobility part of its own cloud-native architecture for enterprise data protection to help customers move large amounts of their data (at a rate of up to 80 terabytes per day) to cloud quickly and take advantage of its wide range of benefits such as scalability, cost-effectiveness, rapid deployment and instant recovery.
This is Druva's second acquisition after the purchase of CloudRanger, a company that provides enterprise backup and DR solution for AWS, in 2018. Druva will be working on integrating CloudLanes’ technology into its own platform over the coming months, projected to be ready for deployment by the end of the year.
The full press release follows:
Druva, Inc., the leader in Cloud Data Protection and Management, announced the acquisition of CloudLanes, an innovator in hybrid cloud data protection and migration that enables seamless and secure movement of data from on-premises to cloud. With the new addition, Druva is set to expand cloud to the edge, bringing enterprises the ability to keep data readily available on-site, while leveraging SaaS-based business continuity, short recovery windows and greater workload mobility to reduce costs by up to 50 percent.
CloudLanes’ software rapidly and securely ingests data from on-premises and moves it to the cloud in a fast, secure, and auditable manner for protection needs, freeing organizations from legacy scalability and architecture. By integrating CloudLanes, Druva brings all the benefits of its cloud capabilities to these on-premises environments, providing instant recovery and enhancing data security without requiring any hardware. Additionally, efficient and cost-effective cloud-based resources and lifecycle management will decrease overall TCO by eliminating the need for on-premises storage and compute resources. With this new approach, heavily regulated industries like healthcare and banking will now be able to meet their business needs for governance and compliance with a solution designed for the cloud era.
“Enterprises are now seeing first-hand the challenges of hybrid cloud solutions that are increasingly inflexible with today’s cloud-driven world,” said Jaspreet Singh, founder and CEO, Druva. “Current hybrid solutions are trying to forklift legacy to cloud, but organizations need solutions that are born in the cloud and bring cloud functionality closer to the datacenter. The addition of CloudLanes will help us extend the advantages of cloud to more enterprises at the edge, bringing greater access to data, enhanced protection, and help accelerating growth through simple and reliable data protection.”
CloudLanes, founded in 2015, introduced the industry’s first secondary storage platform built on public clouds with a hybrid cloud approach. Designed for data guardianship and optimized for backup and archival workloads, CloudLanes combined this with unparalleled security and governance, chain of custody and data verification capabilities. In 2018, CloudLanes was recognized in Gartner’s “Cool Vendors in Storage Technologies” report for its innovative technology.
“Businesses are looking for greater flexibility and more cost effective ways to manage their backup data, and are increasingly looking to the cloud,” said Abhijit Dinkar, co-founder and CEO, CloudLanes. “CloudLanes’ innovative approach to data migration enhances the Druva Cloud Platform and will bring enterprises a novel and powerful new approach to data protection and management.”
“The readily available nature of backups stored on-premises has been a key barrier to cloud data protection adoption for some organizations and industries,” said Phil Goodwin, Research Director, IDC. “A solution that combines the best of both worlds, delivering the performance of on-premises data protection with the scalability, security and cost structure of cloud holds a lot of promise. The addition of CloudLanes to Druva’s portfolio expands the company's ability to address cloud-based data protection requirements.”