Cohesity Raises $250M Series E Financing
Gunderson Dettmer client Cohesity, a company dedicated to simplifying data management, raised its Series E financing totaling $250M led by DFJ Growth, Foundation Capital, Greenspring Associates, and Wing Venture Capital.
In the announcement of the transaction Cohesity CEO and founder, Mohit Aron said “Closing a major funding round during these times of economic uncertainty is testament to the promise that our investors see in Cohesity. More enterprises globally are abandoning legacy offerings in favor of our modern, software-defined approach to data management that is incredibly simple to use — critical during these challenging times as customers are looking to reduce total cost of ownership while enabling remote IT teams.”
The Gunderson Dettmer deal team was led by Andy Bradley and included Colin Conklin, Andrew Person, Matthew Weber, Tanya Tarczynski, David Behrend and Kelly Trimble.