Cohesity Emerges from Stealth Mode with $70M In Venture Funding to Deliver Smarter, More Efficient Secondary Storage

Cohesity, the pioneer of converged secondary storage, today announced it has raised a total of $70 million in venture capital funding to create an infinitely scalable data storage solution that converges all secondary storage workflows for data protection, development, and analytics onto a single, intelligent platform. The company closed a Series A round of $15 million led by Sequoia Capital and Wing Venture Capital in late 2013, followed up last month by a $55 million Series B investment round led by ARTIS Ventures and Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, with additional investment from Accel Partners, Battery Ventures, Google Ventures, and Trinity Ventures.