SoftBank Vision Fund leads $250mn funding in US data startup
SoftBank Vision Fund has led a $250-million funding in Cohesity at around $1-billion valuation, the US-based data storage startup announced today. The Series D round also saw participation from Cisco Investments, Hewlett Packard Enterprise, Morgan Stanley Expansion Capital and Sequoia Capital. Founded in 2013, Cohesity offers secondary storage for backup, file services, and analytic datasets.