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Nutanix

From Wikipedia, the free encyclopedia
American enterprise virtualization and storage company
Nutanix, Inc.
Company typePublic
Founded2009; 16 years ago (2009)
Founders
Headquarters,
U.S.
Key people
Rajiv Ramaswami (president &CEO)
Products
RevenueIncreaseUS$2,538 million (2025)
IncreaseUS$173 million (2025)
IncreaseUS$188 million (2025)
Total assetsIncreaseUS$3,283 million (2025)
Total equityNegative increaseUS$–695 million (2025)
Number of employees
7,800 (2025)
Websitenutanix.com
Footnotes / references
Financials as of July 31, 2025[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 assoftware-defined storage for file, object, and block storage.[2]

History

[edit]

Nutanix was founded on September 23, 2009, byDheeraj Pandey,Mohit Aron and Ajeet Singh. In early 2013 Aron left Nutanix to startCohesity, a privately heldcomputer 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 aSeries E round of financing in 2014, valuing the company at approximately $2 billion.[5]Nutanix's backers includedLightspeed Venture Partners,Khosla Ventures, andBlumberg Capital.[6]

Nutanix filed for aninitial 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 acquiredPernixData.[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 withIBM to create a series of datacenter hardware appliances using IBM Power Systems forbusiness apps.[13]

In March 2018, Nutanix announced the acquisition of Minjar, based inBangalore[14] andNetsil,[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 withHYCU to develop data protection software built forhyper-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 theCOVID-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 atVMware.[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][better source needed] According to Adam Armstrong, writing forTechTarget.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

[edit]
DateCompanyDescriptionReferences
August 2016PernixDataSoftware for virtualizing server-side flash memory and random-access memory.[28]
August 2016Calm.ioDevOps automation platform[29]
March 2018NetsilCloud application monitoring startup[30]
March 2018MinjarThe maker of Botmetric, a service for public clouds.[31]
August 2018MainFrame2 Inc.Cloud-based Windows desktop and application delivery[32]
December 2023D2iQManage Kubernetes at scale easily

Operations

[edit]

Nutanix combinesstorage,computing, andvirtualization. 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 basedhypervisor, 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 asubscription 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 theNutanix 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

[edit]

References

[edit]
  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. Retrieved7 December 2023.
  3. ^Bob Brown (June 17, 2015)."Google-infused storage startup Cohesity reveals itself". RetrievedSeptember 6, 2016.
  4. ^Gage, Deborah (January 14, 2014)."The Wall Street Journal".Nutanix Joins the $1 Billion Valuation Club as It Takes On Tech Giants. RetrievedSeptember 10, 2016 – via The Wall Street Journal.
  5. ^Miller, Ron (27 August 2014)."Nutanix Lands $140M On $2B+ Valuation, IPO Could Be Next".Tech Crunch. Retrieved1 September 2014.
  6. ^Sruthi Shankar, Heather Somerville (September 30, 2016)."Data storage provider Nutanix soars in market debut".Reuters. RetrievedDecember 2, 2021.
  7. ^"Form S-1 Registration Statement". US Securities and Exchange Commission. December 22, 2015. RetrievedAugust 29, 2016.
  8. ^Cromwell Shubarth (August 28, 2016)."Nutanix scoops up pair of companies".Silicon Valley Business Journal. RetrievedAugust 29, 2016.
  9. ^"Nutanix IPO shows risks of 'unicorn' valuations".Reuters. RetrievedMay 14, 2020.
  10. ^Ari Levy (September 30, 2016)."Nutanix aims to crack open the tech IPO window". CNBC. RetrievedSeptember 30, 2016.
  11. ^"The man behind 2016's biggest U.S. tech IPO shares how the deal went down".Mercury News. RetrievedMay 14, 2020.
  12. ^Bruno, Giovanni (August 30, 2016)."The Street".CNBC's Pisani Forecasts Possible Fall IPOs. RetrievedSeptember 10, 2016 – via The Street.
  13. ^"Nutanix partners with IBM on data centre product".The Stack. 2017-05-16. Archived fromthe original on 2017-11-17. Retrieved2017-11-17.
  14. ^"Nutanix buys Bengaluru-based Minjar".The Times of India. March 3, 2018. Retrieved17 March 2018.
  15. ^"Nutanix Announces Definitive Agreement to Acquire Netsil".Nutanix. 14 March 2018. Archived fromthe original on 27 March 2023. Retrieved26 March 2023.
  16. ^Berry, Rachel (9 December 2019)."One year since the acquisition, how has Nutanix Xi Frame progressed?".Tech Target.
  17. ^Kovar, Joseph (28 March 2018)."HYCU Spun Out Of Comtrade, Unveils Major New Release Of Its Nutanix Data Protection Tech".CRN.
  18. ^"Nutanix Appoints Brian Stevens to Board of Directors".Nutanix. 1 June 2019. Archived fromthe original on 25 July 2019. Retrieved25 July 2019.
  19. ^"Sohaib Abbasi joins Nutanix board of directors".Help Net Security. RetrievedMay 14, 2020.
  20. ^Haranas, Mark (May 4, 2020)."Nutanix Confirms Furloughs Of Nearly 1,500 Employees".CRN.
  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. RetrievedDecember 2, 2021.
  23. ^Simon Sharwood (December 2, 2021)."Nutanix, VMware end legal fight over CEO Rajiv Ramaswami: Now they can get back to arguing about computers and clouds".The Register. RetrievedDecember 2, 2021.
  24. ^Kamich, Bruce (8 March 2021)."Nutanix May Find Buying Support Soon".Real Money.
  25. ^Hemsoth, Nicole (6 April 2021)."VAST DATA SHEDS HARDWARE BUSINESS TO TACKLE LARGEST USERS".The Next Platform.
  26. ^Kapoor, Garima (18 July 2022)."Nutanix Objects Violates MinIO's Open Source License"(company blog).Min.io. RetrievedJuly 19, 2022.[independent source needed]
  27. ^Armstrong, Adam (4 August 2022)."How Customers Could be Affected by MinIO-Nutanix Dispute".TechTarget.com. RetrievedJune 20, 2025.]
  28. ^Somerville, Heather."Nutanix acquires two startups amid IPO delay".Yahoo! Finance.
  29. ^Schubarth, Cromwell (August 28, 2016)."Nutanix scoops up pair of companies".Silicon Valley Business Journal.
  30. ^Hardcastle, Jessica (March 12, 2018)."Nutanix's Second Acquisition This Month Is Cloud App Monitoring Startup Netsil".SDxCentral.
  31. ^"Nutanix buys Bengaluru-based Minjar".The Times of India. March 3, 2018.
  32. ^Hardcastle, Jessica (August 3, 2018)."Nutanix Boosts Its Cloud Stack With $165M Frame Acquisition".SDxCentral.
  33. ^"Nutanix IncNTNX.OQ".Reuters. RetrievedMay 14, 2020.
  34. ^van Eenbergen, Coen (9 July 2020)."Nutanix Frame lets any application run from your browser".Techzine.
  35. ^"Nutanix Era 2.0: Increased scale and reduced costs for IT and database teams".Help Net Security. 8 October 2020.
  36. ^Armstrong, Adam (3 December 2020)."Nutanix Files and Objects Gets New Capabilities".Storage Review.
  37. ^Sharwood, Simon (9 Jun 2015)."Nutanixdid build 'Acropolis' hypervisor, wants you to bury it".The Register. Retrieved8 August 2025.
  38. ^"Google Could Acquire Nutanix For $9 Billion To Further Its Cloud Ambitions".Forbes. RetrievedMay 14, 2020.
  39. ^"Nutanix Stumbles on Sales Execution and Subscription Model Growing Pains".The Motley Fool. RetrievedMay 15, 2020.
  40. ^"Nutanix Cloud Platform Solution - Run Apps and Data Anywhere".www.nutanix.com. 2024-11-21. Retrieved2025-11-13.

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