Cohesity is the World’s Largest Data Protection Software Provider After Combination with Veritas

Gunderson Dettmer represented client Cohesity, a leader in AI-powered data security, in the completion of its combination with Veritas’ enterprise data protection business. Bringing a new era in protecting data, Cohesity will serve over 12,000 customers and protect hundreds of exabytes of the world’s data. With the completion of this combination, Cohesity now offers the broadest workload support and one of the largest partner ecosystems in the data protection industry.

In the announcement of the combination, Cohesity President and CEO Sanjay Poonen said, “This is a major milestone in the 11-year history of Cohesity, whose mission is to protect, secure, and provide insights into the world’s data. By combining Cohesity’s scale-out architecture and strong generative AI and security capabilities with Veritas’ broad workload support and extensive global footprint, our customers and partners stand to gain more value from their data than ever. As promised, we will honor our ‘no customer left behind’ commitment, supporting existing products from both companies for years to come. As we begin this new chapter, we are committed to driving industry-leading cyber resilience innovations to ensure we are the world's preeminent choice for data security with differentiated AI capabilities.”

The Gunderson Dettmer deal team was led by Andy Bradley and included Stephanie Lane, Sogoal Salari, Sharon Hendricks, Andrew Person, Elena Vespoli, Alexis Persson, Brenden Glapion, Ben Adler, Umar Chaudhary and Sofia Rattes.

Companies
Cohesity
Veritas