Nutanix raises $101 Million in Historic Series D Round of Funding

Date:   Wednesday , February 05, 2014

Nutanix, a provider of nextgeneration datacenter infrastructure solutions recently closed its $101 million Series D financing co-led by Riverwood Capital and SAP Ventures. Morgan Stanley Expansion
Capital and Greenspring Associates also participated in the round as new investors, joining existing investors Lightspeed Venture Partners, Khosla Ventures and Battery Ventures in the largest single
financing round in the history of the converged infrastructure market. The company has now raised a total of $172.2 million.

Nutanix 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

Based in San Jose, CA, the firm delivers web-scale IT infrastructure to medium and large enterprises with
its software-driven Virtual Computing Platform, natively converging compute and storage into a single solution to drive unprecedented simplicity in the datacenter.

The firm is now uniquely capitalized to service the needs of global enterprise customers. It has exceeded $100 million in lifetime sales and has acquired 13 customers who have purchased more than $1 million of products within two years of launching its award-winning Virtual Computing Platform, cementing its status
as the fastest-growing infrastructure company of the decade. Due to an aggressive global expansion strategy, international sales now account for 33 percent of the business and the company has shipped product to more than 30 countries in the last six months.

\"Adoption of web-scale computing, and Nutanix\'s Virtual Computing Platform in particular, has grown explosively over the last two years, yet we have only scratched the surface of this $100 billion
hybrid computing market,\" says Dheeraj Pandey, CEO of Nutanix. He adds, \"The additional support from such a highquality investor group leaves us uniquely positioned to capitalize on the opportunity and build one of the elite companies of this decade.\"