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SoftBank Vision Fund makes second-ever enterprise software investment

Reuters  |  SAN FRANCISCO 

By Heather SomervilleSAN FRANCISCO (Reuters) - The $100 billion SoftBank Vision Fund has made its second-ever investment in an enterprise software company, as the massive fund broadens its portfolio beyond consumer tech firms such as Uber and DoorDash.The Vision Fund led a $250 million investment into data storage company Cohesity, a California-based company that provides services to help businesses store, manage and protect their data. The investment, which came at a valuation of more than $1 billion, brings the company's total fundraising to $410 million, said Rob Salmon, president and ...

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First Published: Mon, June 11 2018. 19:42 IST
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