Companies
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Cohesity

Enterprise Software
Cohesity is a San Jose-based data management and cyber resilience company providing backup, recovery, and increasingly cybersecurity-focused data protection for enterprise IT environments.
$11.8B
+$17.54
233.33%
30 days ago
$7.52
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Cohesity was founded in 2013 by Mohit Aron, who had previously co-founded Nutanix and worked on distributed storage systems at Google, based on the observation that enterprise data protection and backup infrastructure had historically been fragmented across many separate point products for different data types and environments, such as separate tools for backing up virtual machines, physical servers, cloud workloads, and various application-specific data, creating significant operational complexity and cost for large enterprise IT teams managing backup and recovery across sprawling, heterogeneous environments. Cohesity's platform consolidates backup, recovery, and broader data management functions into a unified system spanning on-premises, cloud, and edge environments, letting enterprises manage data protection policies and processes across their entire IT estate from a single platform rather than juggling multiple specialized backup tools. As ransomware attacks have become a more central and costly threat to enterprises in recent years, Cohesity has increasingly positioned its platform around "cyber resilience," emphasizing capabilities such as immutable backup snapshots that ransomware cannot encrypt or delete, rapid recovery capabilities to minimize downtime after an attack, and anomaly detection that can identify potentially malicious activity affecting backed-up data. The company merged its data protection business with Veritas Technologies' data protection business in a major late-2024 deal, significantly expanding Cohesity's customer base and combining two of the more established players in enterprise backup and data management. Cohesity's customers span large enterprises across many industries seeking to consolidate and modernize legacy backup infrastructure while also strengthening their resilience against ransomware and other data-destructive cyberattacks. The company has raised very substantial venture funding from investors including SoftBank Vision Fund, Sequoia Capital, and Cisco, reaching a valuation exceeding $7 billion, competing with other data protection vendors including Rubrik, Veeam, and Commvault.
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