"Cohesity Raises Funds from IBM for Cybersecurity Solutions and Market Expansion"

Cohesity Receives Investment from IBM

Key Highlights:

• Investment: Cohesity, an AI-powered data security and management company, received an investment from IBM.
• Series F Financing: IBM joins NVIDIA as a strategic investor in Cohesity's Series F financing round.
• Collaboration: Cohesity's collaboration with IBM combines Cohesity DataProtect with IBM's Storage Defender Solution to provide comprehensive data protection, monitoring, management, and recovery for joint customers.

Cohesity's Target Market

• Enterprise Cloud and IT Infrastructure Market: Cohesity's solutions target organizations in need of AI-powered data security and management across data centers, edge environments, and the cloud.
• Cybersecurity-Focused Organizations: Companies looking for comprehensive data security and management capabilities, including backup snapshots, AI-based threat detection, monitoring, and rapid recovery.
• Partnerships and Ecosystem: Collaborations with technology partners to enhance data security and management offerings.

What Cohesity Needs to Buy

• Research and Development: Funding for incremental research and development to strengthen cyber resilience and enhance data security and management capabilities.
• Strategic Partnerships: Collaborations with industry leaders to expand market reach and offer integrated solutions.
• Marketing and Sales Support: Services to support marketing and sales efforts, including lead generation and customer acquisition.