Nvidia-backed Cohesity eyes 2026 IPO with valuation rivaling $17 billion Rubrik

TL;DR


Summary:
- Cohesity, a data management and backup company, is planning to go public in 2026 with a valuation that could rival the $17 billion of its competitor Rubrik.
- Cohesity is backed by tech giant Nvidia, which has invested in the company to help it develop new artificial intelligence and machine learning capabilities for its data management platform.
- The company aims to capitalize on the growing demand for data management and protection solutions as businesses generate and store more data than ever before, and need efficient ways to manage and secure that data.

Like summarized versions? Support us on Patreon!