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 financingfundingNutanixventure capital firm

Featured

Slideshows

Tech industry comes out in force as Lancom turns 30

Tech industry comes out in force as Lancom turns 30

A host of leading vendors and customers came together to celebrate the birthday of Lancom Technology in New Zealand, as the technology provider turned 30.

Tech industry comes out in force as Lancom turns 30
The making of an MSSP: a blueprint for growth in NZ

The making of an MSSP: a blueprint for growth in NZ

Partners are actively building out security practices and services to match, yet remain challenged by a lack of guidance in the market. This exclusive Reseller News Roundtable - in association with Sophos - assessed the making of an MSSP, outlining the blueprint for growth and how partners can differentiate in New Zealand.

The making of an MSSP: a blueprint for growth in NZ
Reseller News Platinum Club celebrates leading partners in 2018

Reseller News Platinum Club celebrates leading partners in 2018

The leading players of the New Zealand channel came together to celebrate a year of achievement at the inaugural Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months, with more than ​​50 organisations in the spotlight.​​​

Reseller News Platinum Club celebrates leading partners in 2018
Show Comments