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Company type | Public |
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Founded | 2009 |
Founders |
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Headquarters | , U.S. |
Key people | Rajiv Ramaswami (president & CEO) |
Products |
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Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 7,150 (2024) |
Website | nutanix |
Footnotes /references Financials as of July 31,2024 [update] . [1] |
Nutanix, Inc. is an American cloud computing company that sells software for datacenters and hybrid multi-cloud deployments. This includes software for virtualization, Kubernetes, database-as-a-service, software-defined networking, security, as well as software-defined storage for file, object, and block storage. [2]
Nutanix was founded on September 23, 2009, by Dheeraj Pandey, Mohit Aron and Ajeet Singh. In early 2013 Aron left Nutanix to start Cohesity, a privately held computer data storage company. [3]
Venture capital firms invested $312.2 million over five rounds of funding in Nutanix. The company reached a $1 billion valuation by 2013, which made it known as a "unicorn startup". [4] It raised $140 million in a Series E round of financing in 2014, valuing the company at approximately $2 billion. [5] Nutanix's backers included Lightspeed Venture Partners, Khosla Ventures, and Blumberg Capital. [6]
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. [7] In August 2016, Nutanix announced it had acquired PernixData. [8]
The IPO on September 30, 2016, raised about $230 million after selling 14.87 million shares at a price of $16. [9] [10] This was the biggest VC-backed IPO of 2016 in the U.S. [11] Analysts expected Nutanix's public offering would be delayed. [12]
In May 2017, Nutanix partnered with IBM to create a series of datacenter hardware appliances using IBM Power Systems for business apps. [13]
In March 2018, Nutanix announced the acquisition of Minjar, based in Bangalore [14] and Netsil, [15] a San Francisco-based cloud application monitoring startup. Later the same year, Nutanix acquired the DaaS startup Frame. [16]
On June 1, 2019, Nutanix appointed Brian Stevens to its board of directors. [17] In March 2020, Sohaib Abbasi joined the company's board of directors. [18]
Due to the COVID-19 pandemic, Nutanix announced a furlough impacting about 1,500 employees in April 2020. [19] In June 2020, Nutanix added Virginia Gambale to its board of directors. [20] In December, 2020, Pandey was replaced as Chief Executive by Rajiv Ramaswami, who had been the Chief Operating Officer at VMware. [21] VMware filed a lawsuit, alleging a conflict of interest, but dropped the legal fight a year later. [22]
In 2021, the company transitioned from making hardware appliances to focusing on subscription software. [23] [24]
In 2022, MinIO alleged that Nutanix had been violating MinIO's free software license, and had done so for three years; with negotiations over the matter leading to no resolution, MinIO reported having revoked Nutanix's license. [25] [ better source needed ] According to Adam Armstrong, writing for TechTarget.com, Nutanix "initially... deny[ied] any wrongdoing" but "walked that position back a week later", acknowledging it had "'discovered some inadvertent omissions in Nutanix Objects' open source attribution and notices required under the Apache 2.0 license,' and apologized for the oversight". [26]
Date | Company | Description | References |
---|---|---|---|
August 2016 | PernixData | Software for virtualizing server-side flash memory and random-access memory. | [27] |
August 2016 | Calm.io | DevOps automation platform | [28] |
March 2018 | Netsil | Cloud application monitoring startup | [29] |
March 2018 | Minjar | The maker of Botmetric, a service for public clouds. | [30] |
August 2018 | MainFrame2 Inc. | Cloud-based Windows desktop and application delivery | [31] |
December 2023 | D2iQ | Manage Kubernetes at scale easily |
Nutanix combines storage, computing, and virtualization. The company's software product families include Acropolis, Prism, NDB, Frame, and Files. [32] [33] [34] [35] In 2015, Nutanix was reported to have built a Linux KVM based hypervisor, called AHV (Acropolis HyperVisor) in order to make managing computer infrastructure easier. [36]
Nutanix marketed its products as "hyper-converged infrastructure". [37] In 2020, the company shifted to a subscription business model. [38]