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Cohesity IPO

Cohesity is a data management company that consolidates enterprise backups, file services, and analytics onto a single platform. The company competes with Rubrik and Commvault in the growing data protection market. Cohesity merged with Veritas in 2024 and has been exploring a public offering.

IPO ExpectedUpdated April 2, 2026

Key Facts

IndustryData Management
Founded2013
HeadquartersSan Jose, CA
Employees~1,500
Websitecohesity.com
FundingSeries F at $3.7B valuation. Total raised: ~$410M

About Cohesity

Cohesity provides a comprehensive data management platform that consolidates backup, file and object services, dev/test, and analytics workloads on a single, web-scale platform. The company emerged from the recognition that traditional data protection approaches were becoming inadequate for modern hybrid and multi-cloud environments. Cohesity's platform eliminates data silos by providing a unified solution that can run on-premises, in public clouds, or as a service, making it easier for organizations to manage their exponentially growing data volumes.

What differentiates Cohesity is its focus on extracting value from secondary data through built-in analytics and AI capabilities, rather than treating backup data as a static archive. The platform enables organizations to run analytics, development, and testing workloads directly on their backup infrastructure, effectively turning data protection into a strategic asset. This approach has resonated particularly well with large enterprises dealing with complex data governance requirements and the need to derive insights from previously inaccessible backup data.

IPO Status

Cohesity is targeting a 2026 IPO after completing its merger with Veritas in December 2024, creating a combined entity valued at $7 billion+ with $1.5 billion in ARR. The merged company now holds 19% market share in data management, up from 5%. A fall 2026 listing is considered most likely.

Competitors

Frequently Asked Questions

Does Cohesity have a stock?

As of early 2026, Cohesity has not officially filed for an IPO, but a public listing is widely expected. The company has been showing strong signals of IPO preparation.

When is the Cohesity IPO date?

No official Cohesity IPO date has been announced yet. The company is expected to go public, but the exact timing depends on market conditions and company readiness.

How can I buy Cohesity stock?

Cohesity is not yet publicly traded. Once the company completes its IPO, you'll be able to buy shares through any major brokerage.

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