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

Cohesity 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)
HeadquartersSan Jose, California, United States
Year Founded2013
FoundersMohit Aron
Funding Amount$955M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries H
Top InvestorsBattery 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
HeadquartersChatsworth, California, United States
Year Founded1998
FoundersAlex Bouzari, Paul Bloch
Funding Amount$309.9M
Company SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsClearLight 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)
HeadquartersSanta Clara, California, United States
Year Founded2008
FoundersJaspreet Singh, Milind Borate, Ramani Kothandaraman
Funding Amount$475M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries H
Top InvestorsLa 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)
HeadquartersSeattle, Washington, United States
Year Founded2012
FoundersAaron Passey, Michelle Palleschi, Neal Fachan, Peter Godman
Funding Amount$347.3M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsMadrona, 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
HeadquartersSaint Leonards, Tasmania, Australia
Year Founded2019
FoundersOliver Curtis, Tim Rosenfield
Funding AmountA$330M
Company SizeMid-Size Team (51-250)
Last Funding StatusPrivate Equity
Top InvestorsThe 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
HeadquartersBeijing, Beijing, China
Year Founded2015
FoundersShaolong Ren
Funding Amount$3.7B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries A
Top InvestorsNanshan Capital, Huaneng Invesco WLR Investment Consulting, Morgan Stanley Venture Partners, Haitong Hengxin International Leasing