Announced
Completed
Financials
Sources
Tags
Private
Software
Acquisition
Majority
information technology
Completed
United States
Cross Border
Friendly
Private Equity
Venture Capital
Synopsis
Steadfast Capital Ventures-led consortium completed a $145m investment in Cohesity, a privately held information technology company, valuing the company at $3.7bn. The consortium consisted of SoftBank Vision Fund, DFJ Growth, Foundation Capital, Wing Venture Capital and Premji Invest. “We are pleased to enable this liquidity opportunity for our employees. We believe the oversubscribed, non-dilutive tender offer based upon this increased company valuation speaks volumes about Cohesity’s performance and future outlook as the leading, modern data management company,” Mohit Aron, Cohesity CEO and Founder.
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