Nutanix, a US-based provider of web-scale IT infrastructure for datacenters, has raised $101m series D financing co-led by Riverwood Capital and SAP Ventures, the growth stage investment firm affiliated with Germany-based software company SAP. 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”.
Nutanix now raised a total of $172.2m in four rounds of funding. The new funding will be used to accelerate global expansion, boost investments in research and development, expand service delivery capabilities and grow sales, marketing and support teams.
Jai Das, managing director at SAP Ventures, said: “Nutanix represents the future of datacenter infrastructure and is a best-in-class platform to run all virtualized enterprise workloads. We look forward to assisting the team on closer alignment with enterprise business applications — a critical component to accelerating Nutanix’s growth within Global 2000 organizations — and helping the company leverage the SAP ecosystem.”