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Does Cohesity have an IPO?

Dec 21 (Reuters) - Cohesity, a data management software company backed by SoftBank Group Corp's (9984.T) Vision Fund, said on Tuesday it has confidentially filed for an initial public offering (IPO) in the United States. The San Jose, California-based company was valued at $3.7 billion after a funding round in March.

How much is Cohesity worth?

The Cohesity valuation is $3.7 billion, based on a statement released in March 2021. The company had ambitions of a $5 to $10 billion valuation in late 2021 when it filed confidentially for an IPO. As it approaches its potential 2024 or 2025 IPO, we should learn more about the desired public offering and valuation.

Is Cohesity IPO a 2024 IPO candidate?

The specific Cohesity IPO date is unknown, but it may be a 2024 IPO candidate. Cohesity filed confidentially for an IPO in December 2021. However, like many startups that filed at the time and into 2022, Cohesity missed the window of opportunity. 2023 was a recovery year for IPOs, but 2024 may see an increase in volume.

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