Cohesity Announces $250 Million in Series E Funding

Apr 09, 2020•over 5 years ago

Amount Raised

$250 Million

Round Type

series e

San JoseSecurityArtificial IntelligenceSoftware

Description

Cohesity today announces $250 million in Series E funding, led by DFJ Growth, Foundation Capital, Greenspring Associates, and Wing Venture Capital. DFJ Growth and Greenspring Associates are new investors as are Baillie Gifford and Sozo Ventures. The round also includes broad support from existing investors, including Sequoia Capital and SoftBank Vision Fund 1, as well as strategic investors Hewlett Packard Enterprise and Cisco Investments. Cohesity is now valued at $2.5 billion, more than double the valuation from the company’s Series D round less than two years ago

Company Information

Company

Cohesity

Location

San Jose, California, United States

About

Cohesity is a leader in AI-powered data security and management. We make it easy to secure, protect, manage, and get value from data — across the data center, edge, and cloud. Cohesity helps organizations defend against cybersecurity threats with comprehensive data security and management capabilities, including immutable backup snapshots, AI-based threat detection, monitoring malicious behavior, and rapid recovery at scale. Cohesity solutions can be delivered as a service, self-managed, or provided by a Cohesity-powered partner.

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