US-based enterprise file service developer Nasuni has collected $25m in a growth equity round led by Telstra Ventures, the corporate venturing arm of telecommunications company Telstra.
Investment bank Goldman Sachs also took part in the round, as did venture capital firms Sigma Prime Ventures, North Bridge Venture Partners and Flybridge Capital Partners.
Nasuni provides a software platform that enables enterprises to store files and metadata in the cloud. The system also empowers teams to share the stored files and collaborate from a limitless number of locations.
The round increased Nasuni’s overall funding to $145m, it said. Goldman Sachs Growth Equity, a strategic growth equity unit that forms part of the investment bank’s Merchant Banking Division, previously led a $38m series F round for the company in September 2017.
Nasuni had secured $25m in a 2016 series E round consisting of $17.5m in equity funding from Sigma Prime Ventures, Flybridge, North Bridge, Sigma Partners and an unnamed large strategic investor likely to have been computing technology provider Dell, and $7.5m in venture debt.
Dell’s corporate venturing subsidiary, Dell Technologies Capital, was then still in stealth mode but is listed on Nasuni’s website as an investor. The strategic also took part in Nasuni’s $10m series D round in 2014, and its $20m series C in 2012 included an unnamed additional investor alongside Flybridge, North Bridge and Sigma Partners.