# Cohesity

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cohesity

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.cohesity.com/
- Total disclosed funding: $811M
- Latest round: Series F (Apr 11, 2024)
- Investors on record: 24

## About

Founded in 2013 and based in San Jose, CA, Cohesity, Inc. provides AI-driven solutions for data security and management, specializing in data protection, recovery, and insights to help enterprises safeguard their critical information. The company was founded by Mohit Aron and has raised over USD 810.55 million across 8 rounds of funding, with the most recent deal being a series F round of funding in which the company secured USD 150 million. The latter deal values Cohesity, Inc. at USD 7 billion. Cohesity's core product, Cohesity Data Cloud, facilitates secure data backup, recovery, and cyber-vaulting, catering to enterprises' needs for resilience against cyber attacks. This platform is designed for scalability and flexibility, enabling clients to protect unstructured data while ensuring compliance with regulatory requirements. Cohesity serves a diverse client base, including 85% of the Fortune 100 and global organizations across various sectors such as financial services, healthcare, and government. Their products are marketed across North America, Europe, and the Asia-Pacific region, positioning Cohesity to address the growing demand for advanced data management solutions in an increasingly digital landscape. Cohesity operates primarily on a subscription-based revenue model, which aligns with industry standards for data management services. Clients engage with Cohesity through multi-year contracts for its suite of offerings, ensuring predictable revenue streams for the company. As part of this model, customers can select various service tiers of the Cohesity Data Cloud, enabling them to tailor solutions to their specific needs for data protection and cyber resilience. Transactions typically involve direct B2B engagements, where enterprises sign up for annual or multi-year subscriptions based on their data volume and service requirements. This structure allows for consistent revenue generation while facilitating long-term partnerships with clients focused on enhancing their data security and management capabilities. Cohesity, Inc. plans to leverage its recent funding to enhance its product offerings, including the development of new solutions aimed at addressing emerging data management challenges.

## Funding rounds

- Series F, Apr 11, 2024, $150M — Madrona Venture Group, NVIDIA Corporation, PremjiInvest, IBM Corporation
- Series F, Feb 8, 2024 — Madrona Venture Group, PremjiInvest, Haveli Investment Management
- Series E, Apr 9, 2020, $250M — Hong Shan, Foundation Capital, Greenspring Associates, Crescent Enterprises, Wing, Sozo Ventures, Cisco Investments, DFJ Growth, Hewlett Packard Enterprise Development LP, SB Investment Advisers, Baillie Gifford
- Series D, Jun 14, 2018, $250M — Battery Ventures, Hong Shan, Trinity Ventures, Qualcomm Ventures, ARTIS Ventures, Morgan Stanley Expansion Capital, Wing, Cisco Investments, Hewlett Packard Enterprise Development LP, SB Investment Advisers
- Series C, Apr 4, 2017, $90M — Accel, Battery Ventures, Hong Shan, Foundation Capital, Trinity Ventures, Qualcomm Ventures, ARTIS Ventures, GV, Wing, DHVC, Cisco Investments, Hewlett Packard Enterprise Development LP
- Series B, May 29, 2015, $55M — Accel, Battery Ventures, Hong Shan, Trinity Ventures, Qualcomm Ventures, ARTIS Ventures, GV, Wing
- Series A, Jan 9, 2014, $16M — Hong Shan, Wing

## Investors

- Hong Shan — Series A, Series B, Series C, Series D, Series E
- Wing (https://capitalatlas.ai/funds/wing) — Series A, Series B, Series C, Series D, Series E
- Accel (https://capitalatlas.ai/funds/accel) — Series B, Series C
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series B, Series C, Series D
- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Series B, Series C, Series D
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series B, Series C, Series D
- ARTIS Ventures (https://capitalatlas.ai/funds/artis-ventures) — Series B, Series C, Series D
- GV (https://capitalatlas.ai/funds/gv) — Series B, Series C
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series C, Series E
- DHVC (https://capitalatlas.ai/funds/dhvc) — Series C
- Cisco Investments (https://capitalatlas.ai/funds/cisco-investments) — Series C, Series D, Series E
- Hewlett Packard Enterprise Development LP — Series C, Series D, Series E
- Morgan Stanley Expansion Capital (https://capitalatlas.ai/funds/morgan-stanley-expansion-capital) — Series D
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series D, Series E
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series E
- Crescent Enterprises — Series E
- Sozo Ventures (https://capitalatlas.ai/funds/sozo-ventures) — Series E
- DFJ Growth (https://capitalatlas.ai/funds/dfj-growth) — Series E
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series E
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series F
- PremjiInvest (https://capitalatlas.ai/funds/premjiinvest) — Series F
- Haveli Investment Management (https://capitalatlas.ai/funds/haveli-investment-management) — Series F
- NVIDIA Corporation — Series F
- IBM Corporation — Series F