Milestones Include New Global Enterprise and Federal Customers, Series C Funding, Product Innovation, Analyst Accolades, Strong Partner Momentum, Spacious New San Jose Headquarters, New Executives, and an Overall Doubling of Headcount
San Jose, CA – Jan. 9, 2017 – Cohesity, the pioneer of hyperconverged secondary storage, today announced accelerating global enterprise and federal agency adoption, leading to a 600 percent increase in 2017 sales revenue. Over the past eight months, Cohesity’s new customer count doubled and includes a dozen Fortune 500 companies. In addition, more than half of all customers deployed Cohesity cloud services. International business continues to be a major strength for the company, generating over 30 percent of bookings last year, validating the strong global demand for Cohesity solutions.
Growing revenue and customer demand are fueling dramatic company expansion, including a doubling of employees, a move to the company’s new San Jose headquarters, and the opening of a new office in Research Triangle Park (RTP). The company and its products garnered multiple accolades in 2017 and attracted significant new executive leadership, alliances and channel partnerships.
Accelerating Customer Growth
Global Company Expansion
Strengthening Executive Bench
The company’s 2017 achievements have been spearheaded by storage innovator and Cohesity Founder Mohit Aron, who has established himself as the “father of hyperconvergence.” He has more than 15 years of experience in building scalable, high-performance distributed systems — first at Google, where he was a lead developer on the Google File System and then as a co-founder of Nutanix.
“Cohesity is leading a massive transformation of the data center, converging silos of storage across the data center and multi-cloud environments, helping IT become more efficient, reduce costs, and do more with their data for their organizations,” said Mohit Aron, chief executive officer and founder, Cohesity. “The results of the last year have far exceeded our expectations, showing that hyperconverged secondary storage has transitioned from a groundbreaking new technology in 2016 to a critical, enterprise business solution in 2017.”
1Gartner, “Cool Vendors in Storage Technologies, 2017” by Dave Russell, Arun Chandrasekaran, Julia Palmer, Raj Bala, Alan Dayley, Pushan Rinnen, and Garth Landers, May 12, 2017.
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Head of Corporate Communications
BOCA Communications for Cohesity