Nutanix

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]

History

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 March 28, 2018, Nutanix partnered with HYCU to develop data protection software built for hyper-converged infrastructure environments.[17]

On June 1, 2019, Nutanix appointed Brian Stevens to its board of directors.[18] In March 2020, Sohaib Abbasi joined the company's board of directors.[19]

Due to the COVID-19 pandemic, Nutanix announced a furlough impacting about 1,500 employees in April 2020.[20] In June 2020, Nutanix added Virginia Gambale to its board of directors.[21] In December, 2020, Pandey was replaced as Chief Executive by Rajiv Ramaswami, who had been the Chief Operating Officer at VMware.[22] VMware filed a lawsuit, alleging a conflict of interest, but dropped the legal fight a year later.[23]

In 2021, the company transitioned from making hardware appliances to focusing on subscription software.[24][25]

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.[26] 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".[27]

Acquisitions

Operations

Nutanix combines storage, computing, and virtualization. The company's software product families include Acropolis, Prism, NDB, Frame, and Files.[33][34][35][36] 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.[37]

Nutanix marketed its products as "hyper-converged infrastructure"[38] (HCI). In 2020, the company shifted to a subscription business model.[39] HCI combines compute, storage, virtualization, and networking into a single, unified platform. This foundational layer can be deployed on physical hardware in a data center, within a cloud-managed MSP environment, or directly in public clouds like AWS and Azure.

The Nutanix portfolio is centered around the Nutanix Cloud Platform (NCP), which is designed to provide a consistent cloud operating model for all applications, whether they are on-premises or in public clouds. The platform aims to simplify hybrid multicloud environments, making them more cost-effective and manageable from a single interface.[40]

See also

  • Harvester (HCI)

References

  1. Nutanix, Inc. FY 2025 Annual Report (Form 10-K) U.S. Securities and Exchange Commission, September 24, 2025^
  2. Nutanix Cloud Platform and Cloud Products Nutanix, Inc, retrieved 7 December 2023^
  3. Bob Brown. Google-infused storage startup Cohesity reveals itself June 17, 2015, retrieved September 6, 2016^
  4. Deborah Gage. The Wall Street Journal Nutanix Joins the $1 Billion Valuation Club as It Takes On Tech Giants, January 14, 2014, retrieved September 10, 2016^
  5. Ron Miller. Nutanix Lands $140M On $2B+ Valuation, IPO Could Be Next Tech Crunch, 27 August 2014, retrieved 1 September 2014^
  6. Sruthi Shankar, Heather Somerville. Data storage provider Nutanix soars in market debut Reuters, September 30, 2016, retrieved December 2, 2021^
  7. Form S-1 Registration Statement US Securities and Exchange Commission, December 22, 2015, retrieved August 29, 2016^
  8. Cromwell Shubarth. Nutanix scoops up pair of companies Silicon Valley Business Journal, August 28, 2016, retrieved August 29, 2016^
  9. Nutanix IPO shows risks of 'unicorn' valuations Reuters, retrieved May 14, 2020^
  10. Ari Levy. Nutanix aims to crack open the tech IPO window CNBC, September 30, 2016, retrieved September 30, 2016^
  11. The man behind 2016's biggest U.S. tech IPO shares how the deal went down Mercury News, retrieved May 14, 2020^
  12. Giovanni Bruno. The Street CNBC's Pisani Forecasts Possible Fall IPOs, August 30, 2016, retrieved September 10, 2016^
  13. Nutanix partners with IBM on data centre product The Stack, 2017-05-16, retrieved 2017-11-17^
  14. Nutanix buys Bengaluru-based Minjar The Times of India, March 3, 2018, retrieved 17 March 2018^
  15. Nutanix Announces Definitive Agreement to Acquire Netsil Nutanix, 14 March 2018, retrieved 26 March 2023^
  16. Rachel Berry. One year since the acquisition, how has Nutanix Xi Frame progressed? Tech Target, 9 December 2019^
  17. Joseph Kovar. HYCU Spun Out Of Comtrade, Unveils Major New Release Of Its Nutanix Data Protection Tech CRN, 28 March 2018^
  18. Nutanix Appoints Brian Stevens to Board of Directors Nutanix, 1 June 2019, retrieved 25 July 2019^
  19. Sohaib Abbasi joins Nutanix board of directors Help Net Security, retrieved May 14, 2020^
  20. Mark Haranas. Nutanix Confirms Furloughs Of Nearly 1,500 Employees CRN, May 4, 2020^
  21. Nutanix Appoints Virginia Gambale to Its Board of Directors BusinessWire, 4 June 2020^
  22. VMware COO Jumps Ship To Become New Nutanix CEO CRN, December 9, 2020, retrieved December 2, 2021^
  23. Simon Sharwood. Nutanix, VMware end legal fight over CEO Rajiv Ramaswami: Now they can get back to arguing about computers and clouds The Register, December 2, 2021, retrieved December 2, 2021^
  24. Bruce Kamich. Nutanix May Find Buying Support Soon Real Money, 8 March 2021^
  25. Nicole Hemsoth. VAST DATA SHEDS HARDWARE BUSINESS TO TACKLE LARGEST USERS The Next Platform, 6 April 2021^
  26. Kapoor, Garima. Nutanix Objects Violates MinIO's Open Source License Min.io, 18 July 2022, retrieved July 19, 2022^
  27. ] Armstrong, Adam. How Customers Could be Affected by MinIO-Nutanix Dispute TechTarget.com, 4 August 2022, retrieved June 20, 2025^
  28. Heather Somerville. Nutanix acquires two startups amid IPO delay Yahoo! Finance^
  29. Cromwell Schubarth. Nutanix scoops up pair of companies Silicon Valley Business Journal, August 28, 2016^
  30. Jessica Hardcastle. Nutanix's Second Acquisition This Month Is Cloud App Monitoring Startup Netsil SDxCentral, March 12, 2018^
  31. Nutanix buys Bengaluru-based Minjar The Times of India, March 3, 2018^
  32. Jessica Hardcastle. Nutanix Boosts Its Cloud Stack With $165M Frame Acquisition SDxCentral, August 3, 2018^
  33. Nutanix IncNTNX.OQ Reuters, retrieved May 14, 2020^
  34. Coen van Eenbergen. Nutanix Frame lets any application run from your browser Techzine, 9 July 2020^
  35. Nutanix Era 2.0: Increased scale and reduced costs for IT and database teams Help Net Security, 8 October 2020^
  36. Adam Armstrong. Nutanix Files and Objects Gets New Capabilities Storage Review, 3 December 2020^
  37. Simon Sharwood. Nutanix did build 'Acropolis' hypervisor, wants you to bury it The Register, 9 Jun 2015, retrieved 8 August 2025^
  38. Google Could Acquire Nutanix For $9 Billion To Further Its Cloud Ambitions Forbes, retrieved May 14, 2020^
  39. Nutanix Stumbles on Sales Execution and Subscription Model Growing Pains The Motley Fool, retrieved May 15, 2020^
  40. Nutanix Cloud Platform Solution - Run Apps and Data Anywhere www.nutanix.com, 2024-11-21, retrieved 2025-11-13^