Menu
Nutanix closes funding round at $US101m

Nutanix closes funding round at $US101m

Fourth round of financing brings total to $US17.2.2m

Datacentre infrastructure vendor, Nutanix, closed its fourth (and most recent) round of financing at the $US101 million mark, bringing its venture funding total to $US172.2m.

The Series D financing effort was co-led by Riverwood Capital and SAP Ventures. Morgan Stanley Expansion Capital and Greenspring Associates joined as new investors, adding to existing participants Lightspeed Venture Partners, Khosla Ventures, and Battery Ventures.

Nutanix said it will use the new funding to accelerate its global expansion, boost investments in research and development, expand its service delivery capabilities and grow its sales, marketing and support teams.

In a statement, the vendor claims it is “uniquely capitalised to service the needs of global enterprise customers” with backing from the participating venture capital firms.

Jeff Parks, a founding partner of Riverwood Capital and former executive at Kohlberg Kravis Roberts and Co, has been named to the Nutanix board of directors. In a separate appointment, chief financial officer (CFO) of ServiceNow and former CFO of Data Domain, has also been named to the board.

Nutanix claims it has exceeded $US100m in lifetime sales to date, and acquired 13 customers which have purchased more than $US1m of products within two years of the launch of the vendor’s Virtual Computing Platform.

International sales sit at 33 per cent of the business, with more than 30 countries receiving shipments within the last six months.

Nutanix entered the Australian market in early June with the launch of its Sydney office. It appointed WhiteGold Solutions as its first Australian and New Zealand (A/NZ) distributor in August, which was closely followed by the hiring of Wayne Neich as A/NZ managing director a month later.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags infrastructuredatacentrefinancingfundingNutanixventure capital firm

Featured

Slideshows

Meet the leading female front runners of the Kiwi channel

Meet the leading female front runners of the Kiwi channel

Reseller News honoured the leading female front runners of the New Zealand channel at the 2018 Women in ICT Awards (WIICTA) in Auckland. The awards honoured standout individuals across seven categories, spanning Entrepreneur; Innovation; Rising Star; Shining Star; Community; Technical and Achievement.

Meet the leading female front runners of the Kiwi channel
Meet the top performing customer-centric Microsoft channel partners

Meet the top performing customer-centric Microsoft channel partners

Microsoft honoured leading partners across the channel following a year of customer innovation and market growth in New Zealand. The 2018 Microsoft Partner Awards recognised excellence within the context of the end-user, spanning a host of emerging and established providers.

Meet the top performing customer-centric Microsoft channel partners
Reseller News launches new-look Awards at 2018 Judges’ Lunch

Reseller News launches new-look Awards at 2018 Judges’ Lunch

Introducing the Reseller News Innovation Awards, launched to the channel at the 2018 Judges’ Lunch in Auckland. With more than 70 judges now part of the voting panel, the new-look awards will reflect the changing dynamics of the channel, recognising excellence across customer value and innovation - spanning start-ups, partners, distributors and vendors.

Reseller News launches new-look Awards at 2018 Judges’ Lunch
Show Comments