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This startup is growing so fast, the CEO just took the entire company's employees and their families to Hawaii

Published by Business Insider on Tue, 13 Dec 2016


Cohesity is a storage startup that emerged from stealth just a year ago. It was founded by Mohit Aron, the cofounder and former CTO of Nutanix.Cohesity is growing so fast, Aron just sent the entire company and their families on a thank-you trip to Maui, Hawaii.The company has about 110 employeesso big that it had to break the trip into two parts. The 50 or so engineering employees plus their families are on the island now. Aron is with them, and he sent us a few pictures.The sales and marketing teams, consisting of about 60 employees, and their families are taking a separate trip in February.Cohesity is trying to craft a new storage market called "hyperconverged secondary storage."At his former company, Aron& helped pioneer the original "hyperconverged" market. It uses a device that stores data but also includes some computer power and networking and management software known as virtualization. It allows companies to string devices together to grow their infrastructures really large, really fastand do it more affordably than if they were using traditional storage.Cohesity does a similar thing for the massive amount of data a company needs to keep that's less important. It's focused on backups/archives, file-shares, data for test/dev environments (the computers developers use to write and test apps), data for analytics apps, and so on.Founded in 2013, the company has been selling its product for about a year. It has grown revenues by over 100% quarter-over-quarter for the past two quarters. In the third quarter, revenue jumped more than 150% from the previous quarter. It also doubled the total number of customers it has.And that's what brought about the thank-you trip to Maui, the company tells us.Cohesity has raised $70 million over two rounds of venture investment.And Aron did well for himself when Nutanix finally went public in September, as he owned more than 8% of the company.All in all, it has been a good year for him.SEE ALSO:How the son of a McDonald's manager built a franchise company that generates $1 billion in revenueJoin the conversation about this storyNOW WATCH: Watch the trailer for the new Martin Scorsese film that took over 20 years to make
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