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SoftBank Vision Fund leads $250M Series D for Cohesity’s hyperconverged data platform

SoftBank Vision Fund leads $250M Series D for Cohesity’s hyperconverged data platform

6 years ago
Anonymous $roN-uuAfLt

https://techcrunch.com/2018/06/11/softbank-vision-fund-leads-250m-series-d-for-cohesitys-hyperconverged-data-platform/

San Jose-based Cohesity has closed an oversubscribed $250M Series D funding round led by SoftBank’s Vision Fund, bringing its total raised to date to $410M. The enterprise software company offers a hyperconverged data platform for storing and managing all the secondary data created outside of production apps.

In a press release today it notes this is only the second time SoftBank’s gigantic Vision Fund has invested in an enterprise software company. The fund, which is almost $100BN in size — without factoring in all the planned sequels, also led an investment in enterprise messaging company Slack back in September 2017 (also a $250M round).