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"Nutanix aims to crack open the tech IPO window". ^ "Nutanix IPO shows risks of 'unicorn' valuations".^ Cromwell Shubarth (August 28, 2016)."Data storage provider Nutanix soars in market debut". ^ Sruthi Shankar, Heather Somerville (September 30, 2016)."Nutanix Lands $140M On $2B+ Valuation, IPO Could Be Next". Retrieved Septem– via The Wall Street Journal. Nutanix Joins the $1 Billion Valuation Club as It Takes On Tech Giants.

"Google-infused storage startup Cohesity reveals itself".
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The maker of Botmetric, a service for public clouds.Ĭloud-based Windows desktop and application delivery Software for virtualizing server-side flash memory and random-access memory. In 2021, the company transitioned from making hardware appliances to focusing on subscription software. VMware filed a lawsuit, alleging a conflict of interest, but dropped the legal fight a year later. In December, 2020, Pandey was replaced as chief executive by Rajiv Ramaswami, who had been the chief operating officer at VMware. In June 2020, Nutanix added Virginia Gambale to its board of directors. ĭue to the COVID-19 pandemic, Nutanix announced a furlough impacting about 1,500 employees in April 2020. In March 2020, Sohaib Abbasi joined the company's board of directors. On June 1, 2019, Nutanix appointed Brian Stevens to its board of directors. Later the same year, Nutanix acquired the DaaS startup Frame. In March 2018, Nutanix announced the acquisition of Minjar, based in Bangalore.
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In May 2017, Nutanix partnered with IBM to create a series of data center hardware using IBM Power Systems for business apps. Analysts expected Nutanix's public offering would be delayed. This was the biggest VC-backed IPO of 2016 in the U.S. The IPO on September 30, 2016, raised about $230 million after selling 14.87 million shares at a price of $16. In August 2016, Nutanix announced it had acquired PernixData. Nutanix filed for an initial public offering (IPO) in December 2015, reporting a net loss in its fiscal year ending July 2015 of $126 million. Nutanix's backers included Lightspeed Venture Partners, Khosla Ventures, and Blumberg Capital. It raised $140 million in a Series E round of financing in 2014, valuing the company at approximately $2 billion. The company reached a $1 billion valuation by 2013, which made it known as a " unicorn startup". Venture capital firms invested $312.2 million over five rounds of funding in Nutanix. In early 2013 Aron left Nutanix to start Cohesity, a privately held computer data storage company. Nutanix was founded on Septemby Dheeraj Pandey, Mohit Aron and Ajeet Singh.
