Cohesity Ranked in Top Third and Continues to Climb as it Doubles Down on Data Management as a Service, Data Security in a Multicloud World, and Partnerships

For the fourth year in a row, Cohesity, a leader in next-gen data management, announced that it has been named to the Forbes 2022 Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures.

Over the last year, Cohesity has brought to market new innovative Data Management as a Service (DMaaS) offerings that give enterprise and mid-size customers another radically simple way to manage, secure, protect, and recover their data, while also enjoying exceptional choice and flexibility. These SaaS offerings are managed by Cohesity and hosted on Amazon Web Services (AWS). Cohesity also continued to expand the regions where DMaaS offerings are available globally.

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“The public markets may be in turmoil, but the private valuations of the Cloud 100 continue to rise. All of the 2022 Cloud 100 honorees, again, have reached the $1 billion valuation milestone, and the average Cloud 100 valuation has skyrocketed to $7.4 billion”

Key announcements included:

• Cohesity Delivers FortKnox – Combating Ransomware with a SaaS Data Isolation and Recovery Solution
• Cohesity Goes Beyond Zero Trust With New SaaS Solutions Designed to Address Increasingly Sophisticated Ransomware Attacks
• Cohesity Announces Disaster Recovery as a Service, Providing Automated Disaster Recovery that Minimizes Application Downtime and Data Loss
• Cohesity Extends Data Management as a Service to the Middle East
• Cohesity Brings Data Management as a Service to Singapore and Southeast Asia

Cohesity and Rackspace also announced a strategic partnership to deliver multicloud managed backup and recovery solutions for Rackspace Technology customers globally.

Cohesity continues to be recognized as an innovator, disruptor, and market leader in next-gen data management for the multicloud era. In addition to the Forbes ranking, Cohesity was recently recognized:

• For the third year in a row, as a Leader in the 2022 Gartner® Magic Quadrant™ for Enterprise Backup and Recovery Software Solutions
• Among CRN’s 100 Coolest Cloud Companies for the third year in a row
• As a Leader and an Outperformer in two GigaOm Radar reports: the GigaOm Radar for Hybrid Cloud Data Protection: Large Enterprises, and the GigaOm Radar for Hybrid Cloud Data Protection: Small and Medium-Sized Enterprises. This is the third time Cohesity was named a Leader in the Large Enterprises report.
• For the second year in a row, as Customers’ Choice in 2022 Gartner® Peer Insights™ ‘Voice of the Customer’: Distributed File Systems and Object Storage

“Cohesity sits at the intersection of three of the highest priority business issues today — cloud, data security, and data management — and we are trusted by 4 of the top 10 Fortune 500, 5 of the top 10 U.S. banks, and 2 of the top 5 global pharma organizations,” says Sanjay Poonen, CEO and president, Cohesity.

“Our placement in the 2022 Forbes Cloud 100 — which has moved up 32 spots just in the last two years — underscores how we are empowering many of the world’s largest enterprises to leverage our technology to advance data security while dramatically simplifying data management in a hybrid and multicloud world. On behalf of the entire team at Cohesity, I’d like to thank Forbes, Bessemer, and Salesforce Ventures for the Forbes 2022 Cloud 100 recognition,” added Poonen.

For the seventh straight year, the Cloud 100 reviews submissions from hundreds of cloud startups and private companies each year. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people & culture (15%). For market leadership, the Cloud 100 enlists the help of a judging panel of public cloud company CEOs who assist in evaluating and ranking their private company peers.

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“The companies of the Cloud 100 list represent the best and brightest private companies in this fast-growing sector,” said Alex Konrad, senior editor at Forbes. “Every year, it gets more difficult to make this list — meaning even more elite company for those who do. Congratulations to each of the 2022 Cloud 100 honorees.”

“The public markets may be in turmoil, but the private valuations of the Cloud 100 continue to rise. All of the 2022 Cloud 100 honorees, again, have reached the $1 billion valuation milestone, and the average Cloud 100 valuation has skyrocketed to $7.4 billion,” said Mary D’Onofrio, partner at Bessemer Venture Partners. “Despite the market correction in 2022, our confidence in the cloud economy continues to grow—today over 70% of the 2022 Cloud 100 Honorees have reached or exceeded $100 million in annual recurring revenue making them cloud Centaurs. An additional 10% of the list is expected to hit this milestone by the end of the year, furthering our conviction that this years’ honorees truly represent the best cloud companies globally.”

“Great companies are born out of all environments, and it’s exciting to see the continued momentum in the cloud sector,” said Alex Kayyal, Managing Partner, Salesforce Ventures. “The companies on this list have gone through a rigorous selection process, and join an esteemed alumni list of Cloud 100 companies. As the need for digital transformation continues to drive innovation and efficiencies across industries, we can look to these companies as the absolute best in cloud computing.”

The Forbes 2022 Cloud 100 and 20 Rising Stars lists are published online at www.forbes.com/cloud100. Highlights of the list appear in the August/September 2022 issue of Forbes magazine.

This year, the CEOs of The Cloud 100 and the 20 Rising Stars companies will be honored with a digital content launch, as well as at the exclusive Cloud 100 Celebration hosted by Bessemer Venture Partners, Salesforce Ventures, and Forbes. A special thank you to our event sponsors Amazon Web Services (AWS), Bank of America, Cooley, Fuel a McKinsey Company, Goldman Sachs, J.P. Morgan, Morgan Stanley, Nasdaq, and Silicon Valley Bank.

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