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Cohesity

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Cohesity
Company typePrivate
IndustryInformation technology
Data security
Disaster recovery
Data management
FounderMohit Aron
Headquarters
San Jose, California
,
United States
Key people
Sanjay Poonen (CEO and President)[1]
ProductsDataProtect
SmartFiles
Helios
FortKnox
DataHawk
RevenueIncrease $450 Million (2023)[2]
Number of employees
1,500[3]
Websitewww.cohesity.com

Cohesity is an American privately held information technology company headquartered in San Jose, California with offices in India and Ireland.[4] The company develops software that allows IT professionals to backup, manage and gain insights from their data across multiple systems or cloud providers.[5][6] Their products also include anti-ransomware features, Disaster Recovery-as-a-Service, and SaaS management.

History

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Cohesity was founded in June 2013 by Mohit Aron.[7] Aron previously co-founded storage company Nutanix.[8] While still in stealth mode, it closed a Series A funding round of $15M.[8]

The company launched publicly in June 2015, introducing a platform designed to consolidate and manage secondary data.[9] In October, Cohesity announced the public launch of its data management products, DataPlatform and DataProtect.[10] As part of coming out of stealth mode, the company announced a Series B funding round of $55M, bringing its total at that point to $70M.[8]

In February 2016, the company announced the second generation of DataPlatform and DataProtect.[11] In June, the company launched its 3.0 products, expanding data protection to physical servers.[12] Also by June, the company had raised $70 million in venture funding in two rounds with Google Ventures, Qualcomm Ventures, and Sequoia Capital.[13]

On April 4, 2017, Cohesity announced a $90 million Series C funding round, led by GV, the venture capital arm of Google parent Alphabet Inc., and Sequoia Capital.[14][15] In November 2017, Cohesity had 300 employees.[16]

On June 11, 2018, the company announced a Series D funding round of $250 million led by SoftBank Vision Fund.[17] In August, the company introduced a SaaS-based management console called Helios.[18]

In February 2019, Cohesity launched their online MarketPlace to sell applications that run on its DataPlatform.[19] In May, the company made its first acquisition by buying Imanis Data, a provider of NoSQL data protection software.[20] In July, the company announced it would be recognizing revenue predominantly from software, transitioning away from recognizing hardware revenue from the sale of backup appliances.[21]

In 2020, Cohesity raised $250 million in an E-round of funding.[22] By December 2021, the company had raised a total of $660 million.[22]

Cohesity filed for an IPO in December 2021.[23][22]

In April 2022, Cohesity partnered with Rackspace Technology.[24] Using Cohesity DataProtect as its foundation, Rackspace Technology is a multi-cloud managed backup and recovery software.[25]

In August 2022, the company announced that Sanjay Poonen would replace Mohit Aron as CEO and President of Cohesity.[26]

Products

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Cohesity develops software used to consolidate and simplify data management, and includes analytics capabilities.[27] The company's software also solves the problem of mass data fragmentation, as data proliferates across multiple systems or cloud providers.[6] Their software also focuses on data security, backing up corporate data.[28][26]

DataPlatform

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The company's main product, DataPlatform, is hyper converged software that allows businesses to consolidate a variety of workloads, including backups, archives, test and development, along with analytics data, onto a single cloud-native platform.[27] It works with physical servers as well as virtual machines.[29]

The company also develops data management and backup software called DataProtect, which runs on DataPlatform. As of 2019, the most current version was code-named Pegasus.[29][27] Pegusus v6.3 provides anti-ransomware features including machine learning-based anomaly detection.[30]

Through the acquisition of Imanis Data in 2019, Cohesity extended backup capabilities to NoSQL workloads distributed databases like MongoDB, Cassandra, Couchbase, and Hbase, as well as Hadoop data on Hadoop distributed file system (HDFS) datastores.[20][31][32]

The company's Helios SaaS management tool provides a dashboard view of a customer's DataPlatform sites, including local and remote; on-premises; and in the public cloud.[18] The AI-powered Helios platform is used by companies such as Palo Alto Networks.[33] Many of the products in the Helios suite help companies after data loss events.[34]

The company's MarketPlace allows customers to purchase the company's other applications, as well as third party apps that run on the company's DataPlatform.[19] The company also makes a software development kit (SDK) available for programmers who want to develop their own apps for DataPlatform.[19]

Disaster Recovery as-a-Service

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In 2019, Cohesity announced its Disaster Recovery-as-a-Service offering, which allows customers to use Amazon Web Services (AWS) as a recovery location in the event of a disaster.[35] In October 2020, DataProtect SaaS was available on AWS cloud.[36]

Cohesity's Security Advisor application scans for malware entry holes.[37][38] SiteContinuity, a disaster recovery service, was announced in 2021, along with DataGovern, a data security and governance service.[37]

In May 2022, the company released Cohesity FortKnox.[39][40] It protects user data against ransomware or other cyber attacks using an air-gapped digital vault within AWS that is managed by Cohesity.[39][40][41]

In June 2022, DataProtect and FortKnox became available to customers in Southeast Asia.[42]

References

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  1. ^ "VMware veteran takes helm of pre-IPO software company Cohesity, though market debut is on hold". CNBC. 2 August 2022.
  2. ^ Nico Grant (21 August 2018). "Softbank backed Cohesity hits 200 million in annual sales pace". Bloomberg.
  3. ^ "Bay Area News Group Top Workplaces 2016". Bay Area News Group. 2016-06-26. Archived from the original on 2016-09-05. Retrieved 2016-09-06.
  4. ^ Schubarth, Cromwell (2018-12-14). "Fast-growing Cohesity plans to double workforce in 2019". www.bizjournals.com. Retrieved 2022-06-15.
  5. ^ Patrizio, Andy (2018-06-18). "The perils of mass data fragmentation and the cloud". Network World. Retrieved 2019-11-01.
  6. ^ a b Yates-Roberts, Elly (2019-07-11). "What is Cohesity and why did it pull in $250M in venture money?". technologyrecord.com. Retrieved 2019-11-01.
  7. ^ "Mohit Aron and Raman Venkatraman, Founder and CEO / Senior Vice President of Cohesity and Tata Consultancy Services". The CEO Magazine. Retrieved 2022-05-02.
  8. ^ a b c Bob Brown (2016-06-17). "Google-infused storage startup Cohesity reveals itself". Network World. Retrieved 2019-09-23.
  9. ^ Kepes, Ben (2015-06-17). "Flush With $70M Cash, Cohesity Launches To Shake Up Storage". forbes.com. Retrieved 2019-11-01.
  10. ^ Kranz, Gary (2015-10-19). "Cohesity founder: Secondary data needs a new approach". TechTarget. Retrieved 2016-09-23.
  11. ^ "Cohesity converged secondary storage adds automation". TechTarget. 2016-02-11. Retrieved 2016-09-23.
  12. ^ Vizard, Mike (2016-07-01). "Cohesity Extends Effort to Consolidate Secondary Storage". IT Business Edge. Retrieved 2016-09-23.
  13. ^ McLaughlin, Kevin (2016-06-29). "Storage Startup Cohesity Says It's Attracting Enterprises, Unveils Wave Of Features To Get More On Board". CRN Magazine. Retrieved 2019-11-01.
  14. ^ Preimesberger, Chris (2017-04-04). "Startup Cohesity Banks $90M in VC, Refreshes Storage Platform". eWEEK. Retrieved 2017-04-07.
  15. ^ Bort, Julie (2017-04-04). "Cohesity, the four-year old startup from Nutanix's cofounder, has now raised $160 million". Business Insider. Retrieved 2019-09-23.
  16. ^ Raynovich, Scott (2017-11-15). "Cohesity Scales With Amazon, New COO". www.futuriom.com. Retrieved 2022-07-29.
  17. ^ Lomas, Natasha (2018-06-11). "SoftBank Vision Fund leads $250M Series D for Cohesity's hyperconverged data platform". TechCrunch. Retrieved 2019-11-01.
  18. ^ a b Mellor, Chris (2018-08-23). "Cohesity's Helios tool tells you when your cluster's in a fluster". theregister.co.uk. Retrieved 2019-11-01.
  19. ^ a b c Yu, Johnny (2019-02-26). "Cohesity applications available through Cohesity MarketPlace". techtarget.com. Retrieved 2019-11-01.
  20. ^ a b Kovar, Joseph F. (2019-05-08). "Cohesity Acquires Imanis Data In Big Hadoop, NoSQL Data Protection Play". crn.com. Retrieved 2019-11-01.
  21. ^ Yu, Johnny (2019-07-08). "Cohesity CEO: We're more than a backup company". techtarget.com. Retrieved 2019-11-01.
  22. ^ a b c Mellor, Chris (2021-12-21). "Cohesity files for IPO". Blocks and Files. Retrieved 2022-06-04.
  23. ^ Jander, Mary (2021-12-23). "Cohesity Files for IPO". www.futuriom.com. Retrieved 2022-06-04.
  24. ^ Knowles, Catherine (2022-04-11). "Rackspace and Cohesity join forces on backup and recovery solution". SecurityBrief Asia. Retrieved 2022-04-18.
  25. ^ Geronimo, Adelle (2022-04-08). "Rackspace Technology partners with Cohesity to empower enterprises boost business resiliency against ransomware". ITP.net.
  26. ^ a b Novet, Jordan (2 August 2022). "VMware veteran takes helm of pre-IPO software company Cohesity, though market debut is on hold". CNBC. Retrieved 2022-08-17.
  27. ^ a b c Yu, Johnny (2019-02-10). "Cohesity DataPlatform". techtarget.com. Retrieved 2019-11-01.
  28. ^ "Could Cohesity mature into the new VMware or AWS? New CEO Sanjay Poonen weighs in". SiliconANGLE. 2022-09-01. Retrieved 2022-09-13.
  29. ^ a b Raffo, Dave (2016-06-28). "Cohesity gets physical with converged data protection". TechTarget. Retrieved 2019-11-01.
  30. ^ Crocetti, Paul (2020-02-17). "Cloud key to top 2019 data backup and disaster recovery products". SearchDataBackup. Retrieved 2022-02-15.
  31. ^ Cromwell, Schubarth (2019-05-08). "San Jose unicorn Cohesity expands backup offerings with first acquisition". The Business Journals. Retrieved 2022-04-06.
  32. ^ Mellor, Chris (2019-05-08). "Cohesity buys Imanis Data". Blocks and Files. Retrieved 2022-04-06.
  33. ^ Chervek, Emma (2022-05-18). "Palo Alto Networks, Cohesity SOAR Above Ransomware". www.sdxcentral.com.
  34. ^ Deutscher, Maria (2021-12-21). "Data management provider Cohesity confidentially files for IPO". SiliconANGLE. Retrieved 2022-06-17.
  35. ^ Mellor, Chris (2021-10-19). "Cohesity adds DRaaS offering, data safety, and plans a virtual Fort Knox to manage data". Blocks and Files. Retrieved 2022-03-22.
  36. ^ Yu, Johnny (2020-10-14). "Cohesity plans to launch entire suite as a service on AWS". SearchDataBackup. Retrieved 2022-05-09.
  37. ^ a b Mellor, Chris (2021-12-15). "Cohesity threat-scanning Security Advisor looks for malware entry holes". Blocks and Files. Retrieved 2022-03-26.
  38. ^ Davis, Griffin (2021-12-26). "Cohesity's Security Advisor Feature Reduces Ransomware Risks! Expect Higher Cybersecurity Resilience". Tech Times. Retrieved 2022-03-26.
  39. ^ a b McCarthy, Tim (2022-05-11). "Cohesity protects user data with FortKnox vault service". TechTarget. Retrieved 2022-05-28.
  40. ^ a b Ayodele, Abiola (2022-05-11). "Cohesity delivers a SaaS data isolation and recovery solution". VentureBeat. Retrieved 2022-05-28.
  41. ^ Wells, Joyce (2022-05-10). "Cohesity Fights Ransomware with a SaaS Data Isolation and Recovery Solution 'FortKnox'". Database Trends and Applications. Retrieved 2022-05-28.
  42. ^ Raj, Aaron (2022-06-17). "Cohesity expands Data-Management-as-a-Service in Southeast Asia". Tech Wire Asia. Retrieved 2022-06-28.
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