Cohesity (including NetBackup)

Data-protection vendor combined with Veritas NetBackup since December 2024

Overview

Cohesity is a privately held data-protection and data-security company led by President and CEO Sanjay Poonen. On 10 December 2024 it completed its combination with Veritas’ enterprise data-protection business, bringing Veritas NetBackup, NetBackup appliances and the Veritas Alta data-protection services into its portfolio alongside its own products[7]. The transaction was financed by a Series H round led by Haveli Investments, with Coatue, Sapphire Ventures and Dragon Fund also investing, and debt arranged by JPMorgan Chase; it valued the combined company at more than US$7 billion[7]. At completion Cohesity stated that it served more than 12,000 customers, including more than 85 of the Fortune 100 and nearly 70% of the Global 500, and described itself as the largest data-protection software provider by market share[7]. It made a “no customer left behind” commitment to support both the Cohesity and NetBackup product lines[7]. For disaster recovery this gives customers two established engines: NetBackup, long used in large heterogeneous data centres, and Cohesity’s own platform. Cohesity’s website blocked automated access during this review, so product-level features and prices could not be verified and are omitted.

Cohesity (including NetBackup) features

  • Veritas NetBackup software and appliances
  • Veritas Alta cloud data-protection services
  • Cohesity data-protection platform
  • Commitment to support both product lines
  • NetBackup software and NetBackup appliances
  • Veritas Alta cloud data protection offerings
  • Cohesity scale-out data protection platform
  • Large enterprise installed base

Cohesity (including NetBackup) pricing

Quote-based. Neither Cohesity nor the former Veritas products have public list prices.

Cohesity (including NetBackup) strengths and limitations

Strengths

  • Very large installed base and enterprise reference customers
  • Two mature backup and recovery engines
  • Covers on-premises appliances and cloud services
  • Strong financial backing after the 2024 combination
  • Very large enterprise installed base
  • Continuity for NetBackup customers

Limitations

  • Two product lines to rationalise during integration
  • No published pricing
  • Private company with no audited public financials
  • Product details hard to verify from public pages
  • Two product lineages to rationalise
  • No published prices

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