The data storage unicorn list features firms like Cohesity, with a $7 billion valuation, and DataDirect Networks, valued at $5 billion.
Funding activity is also notable, with Beijing's Tenglong Holding Group raising $3.7 billion.
Below is the full list of 6 Data Storage unicorn startups at this time.
Top 6 Most Valuable Data Storage Unicorns
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Get the Sheet for $50Cohesity provides a single platform for AI-powered data security and management. They help businesses protect against ransomware, simplify backup and recovery, and manage data across the data center, edge, and cloud.
| Valuation | $7B (Joined June 2018) |
| Headquarters | San Jose, California, United States |
| Year Founded | 2013 |
| Founders | Mohit Aron |
| Funding Amount | $955M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series H |
| Top Investors | Battery Ventures, Madrona, Accel, NVIDIA, Sequoia Capital |
DataDirect Networks builds high-performance data storage and management solutions designed for AI and big data workloads. Their technology helps large enterprises and research institutions manage massive datasets for complex analytics and AI-driven insights.
| Valuation | $5B |
| Headquarters | Chatsworth, California, United States |
| Year Founded | 1998 |
| Founders | Alex Bouzari, Paul Bloch |
| Funding Amount | $309.9M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | ClearLight Partners, Digital Coast Ventures, Blackstone Group |
Druva delivers a SaaS platform to protect and manage enterprise data across endpoints, data centers, and cloud workloads. Their unified approach helps businesses secure information and maintain compliance regardless of where the data is stored.
| Valuation | $2B (Joined June 2019) |
| Headquarters | Santa Clara, California, United States |
| Year Founded | 2008 |
| Founders | Jaspreet Singh, Milind Borate, Ramani Kothandaraman |
| Funding Amount | $475M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series H |
| Top Investors | La Caisse, Peak XV Partners, IAN Group, Nexus Venture Partners, Riverwood Capital |
Qumulo builds a file data platform that helps enterprises manage massive unstructured data sets across multi-cloud and on-premise environments. The platform provides real-time visibility and control for data at a petabyte scale, simplifying complex storage challenges.
| Valuation | $1.2B (Joined July 2020) |
| Headquarters | Seattle, Washington, United States |
| Year Founded | 2012 |
| Founders | Aaron Passey, Michelle Palleschi, Neal Fachan, Peter Godman |
| Funding Amount | $347.3M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Madrona, DCVC, Goldman Sachs, Kleiner Perkins, Top Tier Capital Partners |
Firmus Technologies creates specialized AI Factories using advanced liquid-everywhere cooling systems. These energy-optimized data centers are engineered to deliver maximum AI token output at the lowest possible cost.
| Valuation | $1B |
| Headquarters | Saint Leonards, Tasmania, Australia |
| Year Founded | 2019 |
| Founders | Oliver Curtis, Tim Rosenfield |
| Funding Amount | A$330M |
| Company Size | Mid-Size Team (51-250) |
| Last Funding Status | Private Equity |
| Top Investors | The Pratt family, Ellerston Capital, Regal Funds Management, NVIDIA, Archibald Capital |
Tenglong Holding Group provides in-depth customization services for globally distributed data centers. They specialize in the full lifecycle of Internet Data Center (IDC) solutions, from design and construction to long-term operation and maintenance.
| Valuation | $1B |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2015 |
| Founders | Shaolong Ren |
| Funding Amount | $3.7B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series A |
| Top Investors | Nanshan Capital, Huaneng Invesco WLR Investment Consulting, Morgan Stanley Venture Partners, Haitong Hengxin International Leasing |