Investments · Data storage software
SoftBank Vision Fund leads $250 million round in data management firm Cohesity
- Investor
- SoftBank Group (via SoftBank Vision Fund) (Tokyo)
- In
- Cohesity, San Jose, California
- Value
- $250M Series D
- Status
- Completed in June 2018.
- Date
- 2018-06-11
SoftBank Group's Vision Fund led a $250 million Series D round in Cohesity, a San Jose, California company that makes software for managing and backing up corporate data. Cisco, Hewlett Packard Enterprise and Morgan Stanley Expansion Capital also invested.
Why it matters
The round extended the Vision Fund's reach from consumer apps into US enterprise software.
Sources
Kakehashi M&A News home