{"id":3856,"date":"2020-04-09T10:07:31","date_gmt":"2020-04-09T14:07:31","guid":{"rendered":"https:\/\/solutionsreview.com\/backup-disaster-recovery\/?p=3856"},"modified":"2020-04-09T10:07:44","modified_gmt":"2020-04-09T14:07:44","slug":"cohesity-earns-250-million-in-series-e-funding","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-earns-250-million-in-series-e-funding\/","title":{"rendered":"Cohesity Earns $250 Million in Series E Funding"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3768\" src=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/Flexential-Closes-250-Million-Debt-Offering-to-Further-Strategic-Growth.jpg\" alt=\"Cohesity Earns $250 Million in Series E Funding\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/Flexential-Closes-250-Million-Debt-Offering-to-Further-Strategic-Growth.jpg 800w, https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/Flexential-Closes-250-Million-Debt-Offering-to-Further-Strategic-Growth-300x150.jpg 300w, https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/Flexential-Closes-250-Million-Debt-Offering-to-Further-Strategic-Growth-768x384.jpg 768w, https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/Flexential-Closes-250-Million-Debt-Offering-to-Further-Strategic-Growth-540x270.jpg 540w, https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/Flexential-Closes-250-Million-Debt-Offering-to-Further-Strategic-Growth-162x81.jpg 162w, https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/Flexential-Closes-250-Million-Debt-Offering-to-Further-Strategic-Growth-360x180.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>Cohesity <\/span><a href=\"https:\/\/www.cohesity.com\/press\/cohesity-announces-250-million-in-series-e-funding\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">has announced<\/span><\/a><span style=\"font-weight: 400\"> $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 Sozo Ventures and Baillie Gifford. This round also includes support from existing investors, such as Sequoia Capital and SoftBank Vision Fund 1, as well as strategic investors Hewlett Packard Enterprise and Cisco Investments. Currently, <\/span><a href=\"https:\/\/www.cohesity.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Cohesity <\/span><\/a><span style=\"font-weight: 400\">is valued at $2.5 billion, which is more than double the valuation from the company\u2019s Series D round less than two years ago. With the new funding, Cohesity\u2019s total funding since inception is over $650 million.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"box box3\"><\/span><span style=\"font-weight: 400;color: #000000\">Our<\/span> <a href=\"https:\/\/bit.ly\/2GkGfhp\" target=\"_blank\" rel=\"noopener noreferrer\"><i><span style=\"font-weight: 400\">Buyer\u2019s Guide for Backup and Disaster Recovery<\/span><\/i><\/a> <span style=\"font-weight: 400;color: #000000\">helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/span><span style=\"font-weight: 400\"><\/div><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">This funding is reflective of the traction Cohesity is seeing in the market as a software-defined data management company. The provider simplifies the way organizations manage, back up, protect, and extract value from their data in the data center, at the edge, and in the cloud.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Since Cohesity\u2019s last funding round, it has completed the transition to a software business model. Comparing the first half of FY 2019 (August-January) to the first half of FY 2020, Cohesity has:<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Achieved a 150 percent increase in recurring revenue,<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Seen a 100 percent increase in customers and data under management, and<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Earned a 135 percent increase in the number of Cohesity\u2019s new and existing customers that have licensed the company\u2019s cloud capabilities.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In a press statement, CEO and Founder of Cohesity, Mohit Aron said, \u201cclosing a major funding round during these times of economic uncertainty is a testament to the promise that our investors see in Cohesity. More enterprises globally are abandoning legacy offerings in favor of our modern, software-defined approach to data management that is incredibly simple to use \u2014 critical during these challenging times as customers are looking to reduce total cost of ownership while enabling remote IT teams.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Cohesity will leverage this new investment to advance research and development. The company will also continue to expand its reach and awareness both domestically and internationally, while extending its relationships with alliances and partners.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Learn more about <\/span><a href=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-launches-robo-solution-with-budr-and-file-and-object-services\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Cohesity.<\/span><\/a><\/p>\n<p style=\"text-align: justify\"><div class=\"hr hr\"><\/div><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump-3\" href=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/data-protection-vendor-map\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"Data Protection Vendor Map\" src=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/DP_VM_SB_800.jpg\" alt=\"Download Link to Data Protection Vendor Map\" width=\"800\" height=\"100\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cohesity has announced $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 Sozo Ventures and Baillie Gifford. This round also includes support from existing investors, such as Sequoia Capital and SoftBank Vision Fund 1, as well [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":3768,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[824,249,421],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cohesity Earns $250 Million in Series E Funding<\/title>\n<meta name=\"description\" content=\"Cohesity has announced $250 million in Series E funding, led by DFJ Growth, Foundation Capital, Greenspring Associates, and Wing Venture Capital.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-earns-250-million-in-series-e-funding\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tess Hanna\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-earns-250-million-in-series-e-funding\/\",\"url\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-earns-250-million-in-series-e-funding\/\",\"name\":\"Cohesity Earns $250 Million in Series E Funding\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-earns-250-million-in-series-e-funding\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-earns-250-million-in-series-e-funding\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/Flexential-Closes-250-Million-Debt-Offering-to-Further-Strategic-Growth.jpg\",\"datePublished\":\"2020-04-09T14:07:31+00:00\",\"dateModified\":\"2020-04-09T14:07:44+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/#\/schema\/person\/1915d169a2244d0703ac9749676fe5cd\"},\"description\":\"Cohesity has announced $250 million in Series E funding, led by DFJ Growth, Foundation Capital, Greenspring Associates, and Wing Venture Capital.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-earns-250-million-in-series-e-funding\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-earns-250-million-in-series-e-funding\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-earns-250-million-in-series-e-funding\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/Flexential-Closes-250-Million-Debt-Offering-to-Further-Strategic-Growth.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/Flexential-Closes-250-Million-Debt-Offering-to-Further-Strategic-Growth.jpg\",\"width\":800,\"height\":400,\"caption\":\"OwnBackup Raises $50 Million in Series D Funding\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/cohesity-earns-250-million-in-series-e-funding\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cohesity Earns $250 Million in Series E Funding\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/#website\",\"url\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/\",\"name\":\"Backup and Disaster Recovery | Solutions Review\",\"description\":\"BDR Software Evaluation: Ransomware Recovery, Cloud Backup &amp; 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