Storage provider Cohesity has come out of stealth mode and announced it has raised $70 million in two rounds of venture funding.
The Santa Clara, Calif.-based company, which provides scalable data storage to enterprise companies, said last month it raised a $55 million Series B round co-led by ARTIS Ventures and Qualcomm Incorporated, through its venture investment group, Qualcomm Ventures, with additional backing from Accel Partners, Battery Ventures, Google Ventures and Trinity Ventures. The company previously closed a Series A round of $15 million co-led by Sequoia Capital and Wing Venture Capital in late 2013 when it was founded.
Cohesity was founded by CEO Mohit Aron, considered a pioneer in hyper-convergence, the first architecture to converge compute and storage to simplify virtualization. He previously co-founded the virtualization storage company Nutanix, which is now valued at more than $1 billion. Battery Ventures was also a Series C investor of Nutanix.
Previously, Aron was a engineer at Google, where he worked on the Google File System, which manages the company’s data storage system. At Google, Aron reported to Bill Coughran, now a partner at Sequoia Capital and a board member of Cohesity.
Aron said his company, which currently employs 45, is aiming to launch its product later this year.
Photo illustration of storage device courtesy of Shutterstock.