Hyperconverged Secondary Storage Company Cohesity Raises $250M

Cohesity, a San Jose, Calif.–based hyperconverged secondary storage company, raised $250m in Series D funding.

The round, which brings total equity raised to $410m, was led by the SoftBank Vision Fund with participation from strategic investors Cisco Investments, Hewlett Packard Enterprise (HPE), and Morgan Stanley Expansion Capital, and early investor Sequoia Capital and others.

The company intends to use the funds for large-scale global expansion.

Led by CEO and Founder Mohit Aron, Cohesity provides enterprise customers with a hyperconverged, web-scale data platform that spans both private and public clouds to consolidate secondary storage silos. It allows users to streamline backup and data protection, converge file and object services, test/dev instances, and analytic functions to provide a global data store.
Cohesity serves over 200 new enterprise customers and federal agencies.



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