Date posted: 04/09/2020
Business location: San Jose, CA.
Amount Funded: $250 Million
Type: Series E
Lead Investor: DFJ Growth, Foundation Captial, Greenspring Associates, Wing Venture Capital
Participating Investor(s): SoftBank Vision Fund 1, Sequoia Capital, Hewlett Packard Enterprise, Sisco Investments
Note: Investors in red are new investors to this company.
Total Funding to Date: $650 Million
Company Description:“Cohesity ushers in a new era in data management that solves a critical challenge facing businesses today: mass data fragmentation. The vast majority of enterprise data — backups, archives, file shares, object stores, and data used for dev/test and analytics — sits in fragmented infrastructure silos that make it hard to protect, expensive to manage, and difficult to analyze. Cohesity consolidates silos onto one web-scale platform, spanning from the data center to edge to cloud, and uniquely empowers organizations to run apps on that platform — making it easier than ever to back up and extract insights from data. Visit our website and blog, follow us on Twitter and LinkedIn and like us on Facebook.”
What funding will be used for: To advance research and development, strengthen marketing efforts.
Note: Cohesity reports its valuation is now at $2.5 billion.
For more information:
Director of Corporate Communications
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