Published by:This is a Press Release edited by StorageNewsletter.com on 2017.04.04
Source URL: http://www.storagenewsletter.com/2017/04/04/cohesity-raises-90-million-total-at-190-million/
Cohesity, Inc., in hyperconverged secondary storage, announced its largest funding to date, raising over $90 million in a Series C round co-led by investors GV (formerly Google Ventures) and Sequoia Capital.
Cisco Investments and Hewlett Packard Enterprise Development LP (HPE) also participated in this round as strategic investors, joining Accel Ventures, ARTIS Ventures, Battery Ventures, DHVC (formerly Danhua Capital), Foundation Capital, Qualcomm Ventures, Trinity Ventures and Wing Venture Capital.
Calsoft Whitepaper: Software Defined Storage-Quality Assurance
This participation validates the company in the storage industry.
The decision to seek additional funding was driven by a rapid uptick in customer demand for the firm’s hyperconverged secondary storage platform, which debuted over one year ago.
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About Calsoft
Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com
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