You are here: Home » Companies » Start-ups » News
Business Standard

US' Cohesity to invest $10 mn in India

The company converges secondary storage workflows onto a single, intelligent platform

BS Reporter  |  Bengaluru 

California-based Cohesity, a start-up in converged secondary storage space, founded by ex-Google engineer Mohit Aron, said the firm will invest $10 million in India over the next two years in research and development.

It has roped in Apurv Gupta, also an ex-Googler, to head Cohesity India as it launched operations on Tuesday.

The company, backed by Sequoia Capital, Wing Venture Capital, ARTIS Ventures, Google Ventures, Qualcomm Ventures, Accel Partners, Battery Ventures, and Trinity Ventures, plans to hire 25 people for its India centre.

The company converges secondary storage workflows, which includes data protection, development and analytics, onto a single, intelligent platform. It closed Series A round of $15 million led by Sequoia Capital and Wing Venture Capital in late 2013, followed up last month by a $55 million Series B investment round led by ARTIS Ventures and Qualcomm Incorporated.

It looks to eliminate the current fragmentation and data sprawl in secondary storage by leveraging a Google-like, web-scale architecture that empowers businesses to simultaneously manage, protect and learn from their data.

Cohesity was founded in June 2013 by chief executive officer Mohit Aron. Prior to this, Aron co-founded Bengaluru-based infrastructure company in primary storage space Nutanix and served as its chief technology officer before leaving to build Cohesity.

“Secondary storage makes up over 80% of an organisation’s data — it’s where the majority of data goes to die today, so it’s exactly the right place to run data analytics, transforming the value of this previously passive data,” said Aron.

According to Aron, the global secondary storage market is about $60 billion of which about $5-10 billion is the India share.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, July 29 2015. 00:24 IST