Cohesity may become a unicorn in another big SoftBank funding

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Cohesity Inc., the San Jose company launched by ex-Google employee and Nutanix co-founder Mohit Aron, may become the region's newest unicorn. The hyperconverged secondary storage business is in late talks to raise a round of at least $150 million at a valuation of about $1 billion, Recode reports, citing unnamed sources. The round, reportedly led by SoftBank Group's Vision Fund, is still in the process of closing and the numbers could change slightly, Recode said. The company, which moved from...

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