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10 Cool Tech Companies That Raised Funding In April 2020

Big data and security innovators were among the companies that hauled in funding rounds in April.

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Cohesity

Headquarters: San Jose, Calif.

CEO: Mohit Aron

Funding: $250 million, Series E

Investors: DFJ Growth (led the round), Foundation Capital, Greenspring Associates, Wing Venture Capital, Baillie Gifford, Sozo Ventures, Sequoia Capital, SoftBank Vision Fund 1, Hewlett Packard Enterprise, Cisco Investments

What it does: Provider of a single web-scale data management platform for managing data from backups, file shares, object stores, test/dev and analytics

CEO Quote: "Closing a major funding round during these times of economic uncertainty is testament to the promise that our investors see in Cohesity. More enterprises globally are abandoning legacy offerings in favor of our modern, software-defined approach to data management that is incredibly simple to use — critical during these challenging times as customers are looking to reduce total cost of ownership while enabling remote IT teams."

 
 
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