Cohesity raises a massive $55 Million in Series B

Date:   Thursday , July 02, 2015

Cohesity, incepted in 2013 that defined the trend of hyper-convergence, a first of its kind architecture to converge compute and storage to simplify virtualization announced its latest round of funding, a massive $55 Million. The recent funding in the Series B round was led by ARTIS Ventures and Qualcomm Ventures along with Accel Partners, Battery Ventures, Google Ventures, and Trinity Ventures. Coming out of stealth mode after two years since inception, Cohesity intends to redefine the way we think and operate with secondary storage - including data protection, archival, DevOps and analytics on an infinitely scalable and intelligent monolith platform.

Based in Santa Clara, CA, Cohesity\"s new solution will reduce costs, simplify management, and deliver powerful data insights to customers. Mohit Aron, CEO at Cohesity explains, \"Existing secondary storage solutions are typically narrow in focus and created for a specific aspect of the data process such as backup or development.\" A comprehensive approach to secondary storage means going through more aspects of the overall process. One of the key problems that Cohesity is looking to address is that of \"dark data,\" it refers to data that is collected by an organization but is unstructured and is rarely into use. Mohit believes providing analytics and insights into \'dark data\' will make their solution compelling for their customers. The firm\'s existing teams includes former employees from Google, Netflix, and VMWare.