Heavily funded storage startup Cohesity Inc. today announced that it has bought Imanis Data Inc., a provider of database backup software, in its first acquisition.

The deal comes a year after Cohesity raised a $250 million investment from a consortium led by SoftBank Corp.’s Vision Fund. The startup didn’t disclose how much of that capital it spent on Imanis Data, but it’s safe to assume the deal didn’t come cheap. Six-year-old Imanis Data has raised more than $27 million in funding and boasts multiple Fortune 500 customers.

The two companies compete in similar areas. Cohesity sells a software platform for managing secondary data, which refers to files such as archived business records and backups that aren’t used regularly but still play a vital role in a firm’s operations. Imanis Data, in turn, provides software that enables companies to create backups of the information they keep inside NoSQL databases such as MongoDB.

Cohesity plans to integrate the startup’s technology with its platform in the wake of the acquisition. The software will complement the existing backup capabilities that it provides for traditional databases such as Oracle Database and Microsoft SQL Server. Moreover, Imanis Data’s technology also works with Hadoop, which will open up yet another use case for Cohesity to address.

The acquisition mirrors a similar deal made last year by Rubrik Inc., a competing provider of secondary data management software. The company bought a startup called Datos IO Inc. that had developed a backup and recovery tool for NoSQL databases.

Mohit Aron, Cohesity’s chief executive officer, dropped by SiliconANGLE’s theCUBE earlier this year to explain how his company stands out from the competition. The CEO also touched upon the startup’s growth plans and revealed that “we can get to profitability fairly quickly if we want to.” Here’s the full interview:

Photo: Cohesity