Cohesity Named to the 2019 CNBC Disruptor 50

  • Recognition Underscores How Cohesity Is Leading the Charge in
    Empowering Enterprises to Solve Mass Data Fragmentation and Derive
    Insights From Their Data to Drive Competitive Advantage
  • CNBC Disruptor 50 Recognizes the Most Innovative Companies That
    Have the Potential to Upend Multibillion-Dollar Industries

SAN JOSE, Calif.–(BUSINESS WIRE)–Cohesity, the leader of hyperconverged
secondary storage
, today announced it was named to the seventh
annual CNBC Disruptor 50, underscoring how Cohesity is transforming the
way enterprises backup, manage, and extract insights from their most
important data.

The CNBC Disruptor 50 is a list of the most ambitious companies
developing revolutionary new technology into scalable business models to
create the next generation of great public companies. The CNBC Disruptor
50 was selected by CNBC and CNBC.com editorial staff using a proprietary
blend of quantitative and qualitative information submitted by more than
1,200 nominated companies.

Cohesity, founded in 2013 with a bold vision to
radically change how enterprises back up, manage, and gain powerful
insights from their data, is paving the way for modern data management.
The company is solving one of the biggest problems that organizations
face – mass
data fragmentation
. Eighty percent of enterprise data sits in siloed
infrastructure and is hard to protect, expensive to store, and
impossible to manage. Cohesity unifies these vast arrays of data –
including data used for backup and recovery, files and objects,
archiving, testing and development, and analytics – with a unique
web-scale platform
based on a Google-like distributed file system.

Unique to Cohesity, organizations can also run Cohesity and third-party applications
on this same platform to derive new insights, help ensure data is in
compliance, and prevent ransomware attacks. By addressing mass data
fragmentation, Cohesity unleashes new opportunities for organizations to
make their data much more productive, which can lead to increased
revenues and better customer experiences.

Cohesity has quadrupled the number of customers globally who are
embracing its technology and has reported a 300
percent increase in revenues
in one year. The company’s global
workforce has more than tripled in the past year to more than 1,000
employees, and it has raised $410
million in investment funding
from investors including the Softbank
Vision Fund, Sequoia Capital, Cisco Investments, and Hewlett Packard
Enterprise (HPE).

“We are proud to be recognized as one of the few companies disrupting
their industries,” said Mohit Aron, CEO and co-founder, Cohesity. “We
continue to drive innovation that empowers customers to solve mass data
fragmentation challenges and get the most value out of their data. This
innovation creates limitless possibilities for thousands of enterprises
across virtually every industry around the world.”

In June 2018, Cohesity was awarded as Technology
Pioneer by the World Economic Forum
. Cohesity was selected for its
potential to “transform society and industry” and “shape the Fourth
Industrial Revolution.”

For the full list of CNBC Disruptor 50 companies, please visit CNBC.com/Disruptors.

About Cohesity

Cohesity makes your data work for you by consolidating secondary storage
silos onto a hyperconverged, web-scale data platform that spans both
private and public clouds. Enterprise customers begin by radically
streamlining their backup and data protection, then converge file and
object services, test/dev instances, and analytic functions to provide a
global data store. Cohesity counts many Global 1000 companies and
federal agencies among its rapidly growing customer base and was named
to Forbes’ “Next Billion-Dollar Startups 2017,” LinkedIn’s “Startups:
The 50 Industry Disruptors You Need to Know Now,” and CRN’s “2017
Emerging Vendors in Storage” lists. For more information, visit our
website www.cohesity.com
and blog https://cohesity.com/blog/,
follow us on Twitter https://twitter.com/cohesity
and LinkedIn https://www.linkedin.com/company/3750699/
and like us on Facebook https://www.facebook.com/cohesity/.

Contacts

Jenni Adair
Director of Corporate Communications
[email protected]
650-400-1871

BOCA Communications for Cohesity
[email protected]

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