What is Cohesity?
Founded in 2013 and headquartered in San Jose, California, Cohesity is a prominent data management company addressing the pervasive issue of mass data fragmentation for businesses. The company's innovative platform consolidates and simplifies data management, offering solutions for backup, file services, object storage, and data protection. Cohesity's approach aims to reduce operational complexity and costs associated with managing vast amounts of data across hybrid and multi-cloud environments. Its technology is designed to serve enterprise-level clients seeking robust data governance and security.
How much funding has Cohesity raised?
Cohesity has raised a total of $660M across 5 funding rounds:
Series A
$15M
Series B
$55M
Series C
$90M
Series D
$250M
Series E
$250M
Series A (2013): $15M with participation from Steamboat Ventures and Wing Venture Capital
Series B (2015): $55M led by Qualcomm Ventures, Accel Partners, Google Ventures, Trinity Ventures, ARTIS Ventures, and Battery Ventures
Series C (2017): $90M supported by Hewlett Packard Enterprise, Qualcomm Ventures, Cisco Investments, Google Ventures, Battery Ventures, Accel, and Steamboat Ventures
Series D (2018): $250M featuring Hewlett Packard Enterprise, Morgan Stanley Expansion Capital, Steamboat Ventures, Cisco Investments, and SoftBank Vision Fund
Series E (2020): $250M backed by Draper Associates, Baillie Gifford, Wing Venture Capital, Foundation Capital, SoftBank Vision Fund 1, Hewlett Packard Enterprise, Steamboat Ventures, Greenspring Associates, Cisco Investments, and Sozo Ventures
Key Investors in Cohesity
Hewlett Packard Enterprise
Hewlett Packard Enterprise Company provides comprehensive IT solutions, including compute, storage, and intelligent edge technologies, serving enterprise clients globally. Their investment in Cohesity highlights a strategic interest in advanced data management and infrastructure.
SoftBank Vision Fund
SoftBank Vision Fund is a prominent investment arm focused on driving innovation across technology sectors, including AI, IoT, and cloud computing. Their backing of Cohesity signals a belief in the company's potential to lead in the data management space.
Google Ventures
GV (formerly Google Ventures) is a venture capital firm that invests in technology companies across various stages and sectors, with a focus on enterprise solutions and frontier technologies. Their participation underscores Cohesity's innovative approach to data management.
What's next for Cohesity?
With significant backing and a clear focus on enterprise data management, Cohesity is poised for continued growth and innovation. The recent capital infusion is expected to fuel further development of its platform, enhance its go-to-market strategies, and expand its global reach. The company's strategic investments will likely focus on strengthening its competitive edge in the rapidly evolving cloud and data infrastructure landscape, potentially exploring new verticals and advanced data analytics capabilities.
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