Cohesity offers a cloud data management platform for securing and managing enterprise data. The platform eliminates data silos, providing users access to data stored in data centers, edge sites, and public cloud environments. It also incorporates zero-trust features, such as encryption and role-based access control, along with ML- and AI-powered threat detection and recommendations to protect data. The platform also provides backup and recovery for traditional and modern data sources and ensures business continuity with automated failover and failback orchestration for mission-critical workloads.
Cohesity offers its platform as a managed service—either through Cohesity directly or via one of its partners—or as a self-managed platform on private or public cloud platforms. The platform caters to enterprises in multiple industries, including financial services, healthcare, manufacturing, logistics, retail, utilities, and media. The company operates through a usage-based SaaS model.
Key customers and partnerships
The company served over 500 clients as of October 2022. Its notable customers include Nasdaq, AutoNation, California Department of Finance, Nationwide, Siemens, and Cisco.
Cohesity has formed multiple partnerships with other technology companies to enhance its platform and offer new solutions. It teamed up with Infosys to provide a data-resiliency-as-a-service solution as part of Infosys Cobalt and with Hewlett Packard Enterprises to improve the security and management of enterprise data.
Funding and financials
In April 2020, Cohesity raised USD 250 million in Series E funding led by DFJ Growth, Foundation Capital, Greenspring Associates, and Wing Venture Capital. The round valued the company at USD 2.5 billion, more than double the valuation achieved from its Series D round. It planned to use the funds for R&D and to build new capabilities.
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