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

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

New Zealanders kick-started EDGE 2018 with a bout of Super Rugby before a dedicated New Zealand session, in front of more than 50 partners, vendors and distributors on Hamilton Island.​

EDGE 2018: Kiwis kick back with Super Rugby before NZ session
EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018 kicked off with a dedicated New Zealand track, highlighting the key customer priorities across the local market, in association with Dell EMC. Delivered through EDGE Research - leveraging Kiwi data through Tech Research Asia - more than 50 partners, vendors and distributors combined during an interactive session to assess the changing spending patterns of the end-user and the subsequent impact to the channel.

EDGE 2018: Kiwis assess key customer priorities through NZ research
Show Comments