May 25, 2020

Cohesity – $250 Million

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:

Doug Free
Director of Corporate Communications
doug.free@cohesity.com
650-868-3252

Data provided by respective company (unless otherwise noted) and researched by StartupsOne for accuracy. 

 

StartupsOne

StartupsOne features relevant, focused news on venture capital funding of technology oriented startup businesses based in North America.

View all posts by StartupsOne →