Cohesity +11%

Cohesity’s share price rose to $30.

This year Cohesity has significantly increased its capitalization and reported record growth of its customer base and revenue. Cohesity had a 90% increase in its revenue in Q1 2021 as compared to the same period in 2020. Its customer base increased by 50%.

Cohesity’s platform consolidates backups, archives, file shares, object stores, dev/test and analytics.

In mid-March Cohesity announced that its DataProtect backup as a service platform would become available in Australia and New Zealand.