Cohesity, a Santa Clara, CA-based developer of hyperconverged secondary storage, raised over $90m in Series C funding.
The round was co-led by GV (formerly Google Ventures) and Sequoia Capital with participation from Cisco Investments, Hewlett Packard Enterprise (HPE), Accel, Artis Ventures, Battery Ventures, DHVC (formerly Danhua Capital), Foundation Capital, Qualcomm Ventures, Trinity Ventures and Wing Venture Capital.
The company intends to use the funds to expand its worldwide sales and marketing presence, accelerate research and development of additional secondary storage use cases beyond data protection, with a special focus on analytics, test/dev, file services and object services.
Led by CEO and founder Mohit Aron, Cohesity consolidates a wide range of secondary storage workloads, from backups to analytics, into a software-defined platform that spans both on-premises and public cloud environments, in order to enable customers to reduce storage capacity requirements, simplify complicated data management processes and extract value from data.
FinSMEs
04/04/2017