Nutanix co-founder’s data management firm Cohesity acquires Imanis

Nutanix co-founder’s data management firm Cohesity acquires Imanis
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10 May, 2019

Data management company Cohesity, founded by Mohit Aron, said it has bought for an undisclosed sum California-based Imanis Data, a provider of data management and backup for Hadoop and NoSQL workloads and databases, in its first acquisition. Aron is also a co-founder of datacentre player Nutanix, another unicorn startup by Indian-origin founders, which went for initial public offering (IPO) in 2016.

Imanis Data, whose team will join Cohesity, was founded by Indian-origin entrepreneur Nitin Donde and has raised $28 million in funding so far. 

California-based Cohesity said that the acquisition will help its customers to back up and instantly recover Hadoop and NoSQL workloads and supporting databases, including MongoDB. This will add to the company's capabilities for backup and instant recovery of traditional databases such as Oracle and SQL, along with virtual, cloud, and physical workloads, it added.

"This advances our mission to transform the way that enterprises back up, store, manage, and derive insights from their secondary data, no matter its type or where it resides,” said Cohesity chief executive Aron, who founded the firm in 2013.

According to Cohesity, NoSQL databases are expected to see double-digit growth over the next five years. 

"As enterprises continue to embrace these modern workloads, Cohesity can help ensure that the data is protected by a simple web-scale solution that can also empower organisations to do much more with their data,” Aron added.

Cohesity last year raised $250 million in funding from Japanese telecom and technology investment giant SoftBank. Soon after the funding, the company said it was aiming to foray into the Indian market. Cohesity has so far raised $410 million in funding and is valued at more than a billion dollars. 

Aron co-founded Nutanix, along with Dheeraj Pandey and Ajeet Singh in 2009. Singh went on to start artificial intelligence company ThoughtSpot, which has raised close to $300 million in funding.

"Our technology fits perfectly within Cohesity’s vision to eliminate mass data fragmentation by bringing all secondary workloads together onto a single platform,” Donde said.

Cohesity said that large enterprises are relying on Imanis Data to protect big data workloads. Imanis Data's customer base spans across verticals including financial services, insurance, retail, and transportation, it added. 

Unlike legacy data management products, solutions from Imanis Data are data-aware and are powered by machine learning to reduce cost, minimise risk, and enable insights across large data sets, Cohesity said.