HPE, Cisco Investments and SoftBank Vision Fund chipped in as the data management platform developer more than doubled its valuation to $2.5bn.

US-based data management software provider Cohesity secured $250m today in a series E round featuring computing technology manufacturer Hewlett Packard Enterprise (HPE), networking technology producer Cisco and telecommunications and internet group SoftBank.

DFJ Growth, Foundation Capital, Greenspring Associates and Wing Venture Capital co-led the round, which included Baillie Gifford, Sequoia Capital and Sozo Ventures. Cisco and SoftBank took part through Cisco Investments and SoftBank Vision Fund 1 respectively.

Cohesity has built a software platform that organises vast amounts of an…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.