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Cohesity

Last Updated July 29, 2025

Cohesity provides data management solutions through its multicloud platform. Its services include backup and recovery, disaster recovery, file and object storage, development and test environments, and data compliance and analytics. Founded in 2013 and headquartered in San Jose, California, the company was established by Mohit Aron, a technologist recognized for his contributions to enterprise storage. Cohesity’s platform is designed to address challenges related to data fragmentation across enterprises.
Company Overview: Cohesity
Cohesity provides a multicloud data management platform that includes backup and recovery, ransomware resilience features, disaster recovery, and file/object services. The company’s software is designed to consolidate workflows and address data fragmentation across on-premises and cloud environments. Cohesity serves enterprises with compliance, security, and lifecycle management needs.
Investment Highlights

Valuation & Growth

  • April 2025 tender transaction elevated valuation to ~$8 B
  • December 2024 Series H / Veritas merger valued company at ~$7 B
  • Revenue accelerated from ~$450 M (2023) to ~$1.3 B in 2024, advancing to ~$1.5 B+ post-merger

Funding History

  • Series F (Mar 2024): $150 M raised
  • Series E (Apr 2020): $250 M led by SoftBank Vision Fund
  • Earlier rounds include Series D ($250 M), Series C ($90 M), Series B ($55 M), Series A ($15 M)
  • Total investor capital raised ~ $810 M

Major Investors

  • Sequoia Capital
  • SoftBank Vision Fund
  • Cisco Investments
  • Wing Venture Capital
  • Premji Invest
  • Foundation Capital
  • Greenspring Associates
Product & Technology Leadership

Core Products

  • DataPlatform + DataProtect: Unified data management stack consolidating backup, replication, and analytics
  • Helios: SaaS-based management tool offering global operational visibility
  • FortKnox: Air-gapped, ransomware-safe vault service hosted on AWS
  • SmartFiles: Integrated file and object services for active data management

Enterprise Platform & Integration

  • Built-in deduplication, compression, and AI-powered anomaly detection for data and ransomware threats
  • Disaster Recovery-as-a-Service via public cloud rails
  • Integration with emerging workloads (MongoDB, HDFS, Kubernetes, SaaS apps) and developer-friendly SDKs
 Market Position & Strategic Advantage

Global Impact & Clients

  • ~12,000 enterprise clients globally, including major cloud providers, financial institutions, healthcare systems, and government entities
  • Gained scale through its merger with Veritas and expansion into regulated recovery use cases

Competitive Moats

  • Unified platform addressing all secondary workloads in one system, reducing vendor sprawl
  • Deep ransomware recovery capabilities built with zero-trust security architecture
  • AI features for proactive threat detection and operational analytics
  • Broad market credibility and customer base through Veritas integration and investor backing
Financial Opportunity

Market Opportunity

  • Global opportunity spans data protection, storage optimization, and AI-enabled analytics
  • Secondary data typically represents 80%+ of enterprise data volume, yet lacks centralized management

Growth Drivers

  • Platform adoption accelerated via mergers, SaaS expansions (Helios, FortKnox), and data analytics modules
  • Expansion in verticals such as financial services, healthcare, and government
  • Increasing demand for ransomware protection, cloud DR, and unified backup

Revenue Streams

  • Software subscriptions for DataPlatform and Protect services
  • SaaS revenues from Helios and FortKnox modules
  • Consulting and integration services for hybrid cloud deployments
  • Recurring maintenance and support contracts
Key Stats

Founded: 2013

Total Raised: ~$810 M over 6 funding rounds

Valuation: ~$8 B (April 2025 tender offer; prior valuation $7 B in December 2024)

2024 Revenue: ~$1.3 B

ARR (Post-Veritas Merger): > $1.5 B

Number of Customers: ~12,000 enterprises

Employees: ~2,400

Headquarters: San Jose, CA, USA

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About Cohesity

Cohesity is a prominent data management solutions provider that offers a comprehensive suite of services consolidated on a multicloud data platform. Their platform addresses various aspects of data management, including backup and recovery, disaster recovery, file and object services, dev/test environments, and data compliance, security, and analytics. By integrating these services into a unified platform, Cohesity aims to simplify data management processes, eliminate data fragmentation, and reduce complexity for organizations.

One of the core challenges that Cohesity tackles is mass data fragmentation, which refers to the widespread distribution of data across disparate systems and locations. This fragmentation can lead to inefficiencies, increased costs, and difficulties in accessing and protecting data. Cohesity’s platform provides a centralized solution that enables organizations to seamlessly manage their data across different environments, such as on-premises infrastructure and multiple cloud providers.

Cohesity’s data management platform is designed to be highly scalable and capable of handling large volumes of data. It offers advanced features such as deduplication and compression to optimize storage efficiency and reduce costs. Additionally, the platform incorporates robust security measures to protect sensitive data and ensure compliance with regulatory requirements.

Founded in 2013 by Mohit Aron, a renowned entrepreneur and technologist, Cohesity has rapidly gained recognition in the industry for its innovative approach to data management. The company is headquartered in San Jose, CA, and serves a diverse range of customers, including enterprises, government agencies, and service providers.

Cohesity’s comprehensive suite of data management services, combined with their focus on simplicity and efficiency, has positioned them as a leader in the industry. Their platform enables organizations to streamline their data operations, improve data protection and recovery processes, and leverage valuable insights from their data assets.