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Total amount raised
$1.9B+
Latest funding date
2025-04-29
Location
Cohesity has successfully raised funding over 11 rounds, with the latest being a Secondary Market round. The company is backed by 43 investors, including recent ones like Irving Investors and Madrona.
Keep reading to explore the intricacies of Cohesity's fundraising journey and the investors supporting this data management technology firm.
Cohesity has raised significant funding across multiple rounds, backed by a distinguished roster of investors including Sequoia Capital, SoftBank Vision Fund, Haveli Investments, IBM, Nvidia, Wing Venture Capital, and The Carlyle Group, among others.
Keep reading to explore Cohesity's full fundraising journey, from its early-stage roots to its landmark Series H round that funded the transformative combination with Veritas' enterprise data protection business.
What Is Cohesity?
Cohesity is a leader in AI-powered data security and management, headquartered in San Jose, California. Founded in 2013 by Mohit Aron, the company provides a unified platform for data backup, recovery, and protection at scale. Following its December 2024 combination with Veritas' enterprise data protection business, Cohesity became the world's largest data protection software provider, with over $1.5 billion in annual recurring revenue and more than 12,000 customers globally.
How Much Funding Has Cohesity Raised?
- Series A
- Amount Raised: USD 15,000,000
- Date: November 2013
- Lead Investors: Sequoia Capital, Wing Venture Capital
- Participants: Undisclosed
- Series B
- Amount Raised: USD 55,000,000
- Date: June 2015
- Lead Investors: Artis Ventures, Qualcomm Ventures
- Participants: Trinity Ventures, Accel, Battery Ventures, GV (Google Ventures)
- Series C
- Amount Raised: USD 90,000,000
- Date: April 2017
- Lead Investors: GV (Google Ventures), Sequoia Capital
- Participants: Cisco Investments, Hewlett Packard Enterprise, Accel, Battery Ventures, Foundation Capital, Qualcomm Ventures, Trinity Ventures, Wing Venture Capital, Artis Ventures, DHVC
- Series D
- Amount Raised: USD 250,000,000
- Date: June 2018
- Lead Investors: SoftBank Vision Fund
- Participants: Cisco Investments, Hewlett Packard Enterprise, Sequoia Capital, Morgan Stanley, Trinity Ventures, Battery Ventures
- Series E
- Amount Raised: USD 250,000,000
- Date: April 2020
- Lead Investors: DFJ Growth, Foundation Capital, Greenspring Associates, Wing Venture Capital
- Participants: Baillie Gifford, Sequoia Capital, SoftBank Vision Fund, Hewlett Packard Enterprise, Cisco Investments, Sozo Ventures
- Secondary Market
- Amount Raised: USD 145,000,000
- Date: March 2021
- Lead Investors: Steadfast Capital Management
- Participants: DFJ Growth, Foundation Capital, Wing Venture Capital
- Series F
- Amount Raised: USD 150,000,000
- Date: April 2024
- Lead Investors: IBM, Nvidia
- Participants: Undisclosed additional participants
- Series H
- Amount Raised: Approximately USD 950,000,000 (equity; combined with approximately $2B in debt to fund the Veritas combination)
- Date: December 2024
- Lead Investors: Haveli Investments
- Participants: Coatue, Sapphire Ventures, Dragon Fund, Sequoia Capital, SoftBank Vision Fund I, Wing Venture Capital, Premji Invest, Madrona, The Carlyle Group
- Venture Round (Series Unknown)
- Amount Raised: Approximately USD 4,966,532
- Date: April 2025
- Lead Investors: Undisclosed
- Participants: Undisclosed
Total Amount Raised: At least $1.9B+ based on disclosed equity funding rounds (Series A through Series H), with additional debt financing of approximately $2B secured in connection with the Veritas combination in December 2024.
Key Investors
- Sequoia Capital
- Details: One of Cohesity's earliest and most consistent backers, Sequoia Capital led the Series A in 2013 and has participated in multiple subsequent rounds including Series C, D, E, and the Series H. Sequoia is a globally recognized venture capital firm focused on technology investments.
- SoftBank Vision Fund
- Details: Led Cohesity's landmark $250M Series D in June 2018, which propelled the company to unicorn status. SoftBank Vision Fund I continued as a participant in later rounds including Series H.
- Haveli Investments
- Details: Led the Series H round in December 2024 and provided the majority of equity for Cohesity's combination with Veritas' enterprise data protection business. Haveli Investments is a private equity firm focused on technology and gaming companies. Its CIO, Brian Sheth, joined Cohesity's Board of Directors.
- IBM
- Details: Strategic investor in the Series F round (April 2024), reflecting a deepened partnership with Cohesity on AI-powered data security solutions.
- Nvidia
- Details: Strategic investor participating in the Series F round alongside IBM, underscoring Cohesity's focus on AI-powered data management and security.
- Wing Venture Capital
- Details: Co-led the Series A with Sequoia Capital in 2013 and has remained a consistent backer across Series E, the 2021 Secondary Market round, and Series H.
- The Carlyle Group
- Details: Participated in the Series H round in December 2024, becoming one of the largest shareholders in the combined Cohesity-Veritas entity.
What's Next for Cohesity?
Cohesity is positioning itself as the global leader in AI-powered data security and management. With the completion of its combination with Veritas' enterprise data protection business in December 2024, Cohesity now serves over 12,000 customers and targets a total addressable market of $40+ billion. The company is expected to pursue an IPO in the coming years as it continues to scale its platform and expand internationally.
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