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Cohesity raises $250m to build channel reach

Cohesity has raised $250m in a Series D funding round to help build its global channel reach. The round was led by the SoftBank Vision Fund with participation from strategic investors Cisco Investments and Hewlett Packard Enterprise (HPE), along with others.

Cohesity supports data centre and cloud operations with solutions for managing secondary data. Total equity raised by the company now stands at $410m. “We are using the new investment to power large-scale global expansion,” the company said.Company CEO Mohit Aron, who was a joint founder of hyperconverged infrastructure firm Nutanix, said: “My vision has always been to provide enterprises with cloud-like simplicity for their many fragmented applications and data – backup, test and development, analytics and more. We have built significant momentum and market share during the last 12 months and we are just getting started.”

HPE offers a suite of solutions built with Cohesity’s platform. “HPE’s expanding relationship with Cohesity stems from our commitment to deliver the best technology solutions to solve our customers’ crucial business challenges, whether through organic development or partnership,” said Vishal Lall, chief strategy officer at HPE.

Cohesity entered the EMEA market at the end of 2016. Earlier this year, Cohesity appointed Johannes Kunz as senior director of channel sales for EMEA. He was previously VP of channel sales for EMEA at SimpliVity, and had also held various roles at Hitachi Data Systems, NetApp and CA.