Showing posts with label Nutanix. Show all posts
Showing posts with label Nutanix. Show all posts

Wednesday, October 10, 2018

Juniper and Nutanix expand partnership for multiclouds

Juniper Networks and Nutanix expanded their existing partnership with an aim on simplifying enterprise multicloud architectures.

The goal is better integration and automated management between network, security, compute and storage.

Specifically, Juniper’s Contrail Enterprise Multicloud will integrate with Nutanix APIs to provide enhanced network visibility for virtualized workloads, ultimately facilitating automated fabric management.

Additionally, Juniper’s Unified Cybersecurity Platform together with Nutanix’s software-defined networking offering, Flow, and AHV hypervisor, intends to secure applications with microsegmentation in enterprise cloud, as well as provide a hardened security posture that prevents lateral propagation of threats. Enterprises will be able to deploy the vSRX integrated virtual firewall in their Nutanix environment, extending the same capability across multicloud architectures with a single point of control using vSRX on-premises and in AWS, Microsoft Azure and Google Cloud Platform.


“As enterprises race toward multicloud, they are burdened with complexities that arise during each stage of the journey. By integrating Contrail Enterprise Multicloud and Juniper’s Unified Cybersecurity Platform with Nutanix’s Enterprise Cloud, we are delivering an end-to-end secure and automated multicloud environment spanning compute, storage and networking for our customers,” said Bikash Koley, Chief Technology Officer, Juniper Networks. 

“The future of enterprise infrastructure is multi-cloud - that’s no longer up for debate. Networking shouldn’t be the complex burden holding companies back from this transition, and that’s why we’re so committed to working with our partners like Juniper to offer our joint customers seamless, secure networking fit for the multi-cloud world,” said Raja Mukhopadhyay, VP of Product Management, Nutanix

Thursday, August 2, 2018

Nutanix to acquire Mainframe2 (Frame) for cloud-based Windows desktops

Nutanix agreed to acquire Mainframe2 (Frame), which specializes in cloud-based Windows desktop and application delivery. Financial terms were not disclosed.

Frame is a global, infrastructure-independent platform built to deliver Windows applications from the cloud. Frame supports multi-cloud delivery models, allowing IT teams to deliver virtual desktops from public clouds and their own enterprise datacenter – with common tooling and management constructs. The company is based in San Mateo, California.

Frame is a global, infrastructure-independent platform built to deliver Windows applications from the cloud.

"Companies desperately need a cloud-native desktop solution for their multi-cloud environments which combines the performance of on-prem offerings with the flexibility and cost optimization of the cloud. That’s why we built Frame,” said Nikola Bozinovic, Founder and CEO at Frame. “Nutanix shares our vision of simplifying critical IT functions so companies can save money, save time and still achieve exceptional performance no matter their underlying infrastructure, and we’re so proud to be joining the family."

“Frame’s cloud-native technology represents everything we believe to be true in the market - customers want easy-to-use, high performance and cost optimized solutions that just work across the entirety of their infrastructure,” said Sunil Potti, Chief Product and Development Officer at Nutanix. “We are committed to providing our customers with a robust multi-cloud DaaS offering through Frame while working with our partners to enable best-in-class enterprise VDI. We are delighted to add the Frame technology, and the innovative thinkers behind it, to our family.”

Wednesday, August 1, 2018

Nutanix's president steps down, joins new start-up

Sudheesh Nair has stepped down as President of Nutanix, where he has served since February 2011.

Nair has taken a new role as CEO of ThoughSpot, a start-up based in Palo Alto, California that is focusing on search and AI-driven analytics. Ajeet Singh, who is co-founder and executive chairman at ThoughtSpot, was also a co-founder of Nutanix.

Thursday, May 24, 2018

Nutanix posts revenue of $289.4 million, up 41%


Nutanix reported revenue of $289.4 million for its third quarter of fiscal 2018, ended April 30, 2018, up 41% year-over-year, and reflecting the elimination of approximately $52 million in pass-through hardware revenue in the quarter as the company executes its shift toward increasing software revenue.


GAAP gross margin was 67.0%, up from 59.5% in the third quarter of fiscal 2017.  GAAP net loss was $85.7 million, compared to a GAAP net loss of $96.8 million in the third quarter of fiscal 2017. Non-GAAP net loss amounted to $34.6 million, compared to a non-GAAP net loss of $45.7 million in the third quarter of fiscal 2017.

“Demand for our solutions remains strong as we saw 67 percent growth in software and support billings and 55 percent growth in software and support revenue. We had strong success in our hiring in the quarter that positions us to deliver on our future growth plans, as we outlined at our March Investor Day,” said Duston Williams, CFO of Nutanix. “The continued growth in our software and support billings and gross margin expansion in the quarter demonstrates we are successfully executing on our transition to a software-defined business model.”

Some highlights:


  • During the quarter, Nutanix grew software and support billings by 67 percent year-over-year, including three software and support deals worth more than $5 million each. Pass-through hardware billings decreased to 17 percent of total billings in the quarter, down from 25 percent in the year-ago quarter.
  • Improved AHV Penetration: Grew adoption of AHV, the company’s built-in hypervisor, to 33%, based on a four-quarter rolling average of nodes using AHV as a percentage of NX nodes sold.
  • Nutanix ended the third quarter of fiscal 2018 with 9,690 end-customers, adding 820 new end-customers during the quarter and growing deals greater than $1 million by 28 percent year-over-year.


Thursday, April 12, 2018

Nutanix cites sales traction with U.S. federal government

Nutanix reported strong adoption of its AHV hypervisor by U.S. federal government customer, saying 74 percent of all Nutanix Enterprise Cloud OS nodes sold to federal agencies in 2017 leveraged AHV, compared to 30 percent adoption by the Nutanix worldwide customer base, based on a rolling four-quarter average.

Some highlights:

  • added nearly 100 new customers in 2017, including component organizations within the U.S. Departments of Defense, Commerce, Interior, Energy, Health and Human Services, the U.S. Federal Court system and federal systems integrators
  • 20 new federal customers with total investments valued at more than $1 million each, an 82 percent increase from the number of customers in previous fiscal year
  • 320 unique federal customers at the end of 2017

“The demands on federal IT customers couldn’t be higher. They are facing increasing pressure to modernize systems and implement heightened security, all while reducing costs,” said Dheeraj Pandey, co-founder and CEO of Nutanix. “Nutanix’s momentum in the federal vertical demonstrates that customers are increasingly turning to Nutanix to meet these needs—pulling back from ‘one-size-fits-all’ public cloud strategies and placing a greater emphasis on hybrid ecosystems to modernize their legacy systems. We are eager to continue to partner with federal customers to achieve these goals.”

Saturday, March 3, 2018

Nutanix to acquire Minjar for multicloud capabilities

Nutanix agreed to acquire Minjar, a start-up with development offices in Bengaluru, India that offers cost control and visibility services for workloads in public clouds. Financial terms were not disclosed.

Minjar' Botmetric service SmartAssist Assurance and SmartAssist Managed Cloud services help enterprises embrace the cloud effectively and optimize their multi-cloud environments for performance and cost.

Nutanix also plans to use Minjar’s technology to bolster its Nutanix Calm automation and lifecycle management product, as well as Xi Cloud Services, a native extension to the Nutanix Enterprise Cloud OS software.

“As companies increasingly rely on the public cloud as part of their critical infrastructure, it’s imperative that they have full visibility into the cost, reliability and security of that infrastructure so that they can effectively manage and automate which workloads run where to maximize performance and ROI,” said Vijay Rayapati, Co-Founder and CEO of Minjar. “We’re so pleased to be joining the Nutanix family to add our technology to the leading edge Nutanix software stack so customers have a simple and elegant experience for managing their multi-cloud environments.”

Nutanix hits revenue of $286.7 million, shifts to software sales

Nutanix reported revenue of $286.7 million for its second quarter of fiscal 2018, up 44% year-over-year from $199.2 million in the second quarter of fiscal 2017, and reflecting the elimination of approximately $14 million in hardware revenue in the quarter as the company executes its shift toward increasing software revenue.

Billings for the quarter amounted to $355.9 million, growing 57% year-over-year from $227.4 million in the second quarter of fiscal 2017.

There was a GAAP gross profit of $178.2 million, up 46% year-over-year from $122.4 million in the second quarter of fiscal 2017, and a non-GAAP gross profit of $182.2 million, up 45% year-over-year from $126.0 million in the second quarter of fiscal 2017.

“We had an outstanding quarter that demonstrated our strong execution across many business initiatives. Our shift toward a software-centric strategy is on track and we aligned our sales compensation in February to support this transition,” said Dheeraj Pandey, Chairman, Founder and CEO of Nutanix. “Our continued success with Global 2000 customers, the strength of our large deal execution and record number of new customers prove that we are reducing friction for our customers and providing them with a consumer-grade experience that is unmatched.”

“We are proud of our performance in Q2. During the quarter, we saw record results across all geographies, with particularly strong performances from our EMEA and APJ regions. Our 57% billings growth year-over-year and our 45% increase in non-GAAP gross profit year-over-year drove a better than expected bottom line,” said Duston Williams, CFO of Nutanix. “Our software and support billings also rose significantly during the quarter, demonstrating our progress as we transition to a software-centric business model. Our strong execution on our strategic initiatives, together with our successful convertible debt offering, put us in a strong position for the future.”

Highlights

  • Nutanix ended the second quarter of fiscal 2018 with 8,870 end-customers, adding a record 1,057 new end-customers during the quarter. 
  • Second quarter customer wins included Arca Continental, DB Systel, JetBlue Airways, Multi Commodity Exchange of India Limited (MCX), Nexen (a CNOOC Limited Company), and Schroders
  • Accelerated Number of $1 Million+ Deals: 57 customers with deals over $1 million in the quarter, up 104% year-over-year
  • Signed 5 Software and Support Deals Greater than $3 Million: Nutanix signed five software and support deals worth more than $3 million, of which three were worth more than $5 million during the quarter, all with Global 2000 customers.

Tuesday, December 5, 2017

Nutanix appoints Ben Gibson as CMO

Nutanix has appointed Ben Gibson as Chief Marketing Officer. Most recently, he was Chief Marketing Officer at F5 Networks, and before that, he served as Chief Marketing Officer at Veritas, where he led the company’s rebranding efforts following a spin-off from Symantec. Prior to Veritas, Ben spent five years as Chief Marketing Officer at Aruba Networks.

Thursday, November 30, 2017

Nutanix posts revenue of $275.6 million, up 46% year-over-year

Nutanix reported quarterly revenue of $275.6 million, up 46% year-over-year from $188.6 million for the same period last year. GAAP net loss was $61.5 million, compared to a GAAP net loss of $140.3 million last year.

 Nutanix ended the first quarter of fiscal 2018 with 7,813 end-customers, adding over 760 new end-customers during the quarter. First quarter customer wins included ConocoPhillips; JLL; Leonardo SpA; Scholastic Inc.; Shinsegae; Toyota Motor North America, Inc. and Trek Bicycle Corporation.

Nutanix noted that it had 49 customers with deals over $1 million in the quarter, up 36% YoY.

“Over the coming quarters we will thoughtfully adopt a software-centric strategy. Customers will continue to experience the same simple purchasing process and high-quality customer service. With a strong instinct for go-to-market, an imminent and differentiated roadmap for hybrid cloud, and a diverse executive team, I'm very much looking forward to a strong performance in the remainder of fiscal 2018,” stated Dheeraj Pandey, Chairman, Founder and CEO of Nutanix.

Tuesday, October 31, 2017

Nutanix appoints Conway and Bostrom to board

Nutanix has added Craig Conway and Sue Bostrom to its board of directors. , effective Friday, October 27, 2017.

Conway served as President and CEO of PeopleSoft, Inc., an enterprise application software company from 1999 to 2004. Prior to PeopleSoft, he served as President and CEO of One Touch Systems, a high bandwidth network communications provider, and TGV Software, a TCP/IP protocol and applications company.

Bostrom served as Executive Vice President, Chief Marketing Officer and Worldwide Government Affairs of Cisco Systems, Inc., a networking equipment provider, from 2006 to 2011. From 1997 to 2011, she held various leadership positions at Cisco, including Senior Vice President of the Internet Business Solutions Group, which shared Internet best practices with global Fortune 500 companies and governments

Monday, October 16, 2017

Nutanix powers Indonesia's Tokopedia

Tokopedia, Indonesia’s largest and fastest growing e-commerce and online retail giant, has deployed Nutanix to power its enterprise cloud operations.

Nutanix announced several other significant wins in Southeast Asia, including Thailand’s Kasetsart University, Faculty of Engineering; Kaneka, a chemical manufacturing company in Malaysia; and Reed Exhibitions, one of the world’s largest exhibition and conventions companies.

Nutanix noted that since its initial public offering in September 2016, it has experienced 68% year over year growth in revenue and over 875 new end-customers in its recently concluded fourth quarter.

Thursday, August 31, 2017

Nutanix hits revenue of $226.1 million, up 62% year-over-year

Nutanix reported revenue of $226.1 million for its fourth quarter of fiscal year 2017,  62% year-over-year from $139.8 million in the fourth quarter of fiscal 2016. Billings rose to $289.2 million, growing 40% year-over-year from $206.6 million in the fourth quarter of fiscal 2016. There was a GAAP net loss of $90.7 million, compared to a GAAP net loss of $49.9 million in the fourth quarter of fiscal 2016. GAAP net loss per share was $0.59, compared to a pro forma GAAP net loss per share of $0.41 a year earlier.

"The fourth quarter was another record quarter and an outstanding conclusion to the fiscal year. Our newly announced products, Nutanix Calm and Xi Cloud Services, extend our market opportunity by simplifying and harmonizing datacenter operations for the multi-cloud era,” said Dheeraj Pandey, CEO, Nutanix. “This quarter, marked by record revenues, continued adoption of AHV, increased software-only sales, strong growth from our OEM partners, and positive operating cash flow, was a great way to end our first year as a public company.”

Some highlights:

Nutanix ended its Q4 with 7,051 end-customers, adding over 875 new end-customers during the quarter. Fourth quarter customer wins included ABC Stores, Amgen, Bacardi, HCA Healthcare, Konica Minolta Business Solutions Europe GmbH, The Hershey Company, The Home Depot, and Tokopedia.
Increased Number of $1 Million+ Deals: 43 customers with deals over $1 million in the quarter, up 39% YoY.
During the quarter, Nutanix introduced Nutanix Calm and Xi Cloud Services, along with a strategic alliance with Google to blend the Nutanix environment with the Google Cloud Platform, providing new functionality to address the challenges of the multi-cloud era.
Increased AHV Penetration: Saw a 75% YoY increase in adoption of AHV, Nutanix’s built-in hypervisor, based on a four-quarter rolling average of nodes using AHV.
http://ir.nutanix.com

Monday, July 24, 2017

Nutanix takes a pass at the public cloud, expanding its market potential

Nutanix, the Silicon Valley-based networking startup famous for its Hyperconverged, enterprise cloud platforms, has just entered into a strategic partnership with the Google Cloud Platform (GCP). Nutanix has grown rapidly from its founding in 2009 to expected FY 2017 revenues of over $540 million by offering a single OS for integrating compute, storage and network stacks for scale-out applications. The Nutanix solution makes it easy for enterprises to quickly rollout the server/storage/networking needed for a private cloud. The new GCP alliance marks a broadening of the company's focus to include hybrid cloud.

Hybrid cloud and multi-cloud are buzz words being used by analysts, vendors, service providers and journalists alike. Everyone seems to be aboard even if it raises security concerns about network perimeters. Gary Gauba, chief enterprise relationship officer and president, advanced solutions group, CenturyLink's IT and Managed Services business unit, has commented, 'I see the next decade as the ‘decade of coexistence’ where there will be a shift of enterprise workloads spread across both traditional environments and public/private multi-clouds'.

In practical terms, Nutanix will now support a single control plane for managing applications between GCP and Nutanix cloud environments. Nutanix says that traditional and cloud-native applications can be provisioned into GCP or Nutanix cloud environments with a single click, and migrated between the two cloud environments seamlessly. Nutanix customers will also be able to natively extend their data centre environments into GCP, enabling 'lift-and-shift' operations between private and public clouds. For example, enterprises could leverage a Xi Cloud services disaster recovery running in GCP, and then run BigQuery analytics against the full application data set without expensive, repetitive data migration operations. The Nutanix hybrid cloud vision will also bring support for Kubernetes for container-based deployments.

In addition, Google and Nutanix have agreed to collaborate on Internet of Things (IoT) use-cases. The idea is to position Nutanix as an 'intelligent edge' for GCP-based IoT applications running Google's TensorFlow silicon for edge processing, while training machine learning models and running analytics on the processed metadata in GCP. The companies showed a prototype at the Nutanix NEXT conference held this week in Washington DC.

Nutanix hybrid cloud could be extended to Azure or AWS

Nutanix said its broadened strategy could also enable its Enterprise Cloud Software to be run throughout multi-cloud deployments, including on-premises with platforms from IBM, Dell EMC, Lenovo, Cisco and HPE in the cloud via AWS, Google Cloud Platform and Azure, or natively with Nutanix Xi Cloud Services.

The Nutanix enterprise cloud platform is being augmented with something called Nutanix Calm, which abstracts application environments from the underlying infrastructure and recommends the right cloud for the right workload. The idea is to provide a marketplace of application deployment blueprints and corresponding cloud services.

The company is also introducing Nutanix Xi Cloud Services, which will let customers provision and consume Nutanix infrastructure on demand. Nutanix said this can be set-up within minutes, and that it is working with strategic cloud providers internationally (names not disclosed). The service would need to meet the data provenance requirements of various countries and could be especially useful as a disaster recovery option for Nutanix on-premises customers.

Signs of progress at Nutanix

For its most recently completed third quarter of fiscal 2017, ended April 30, Nutanix reported total revenue of $191.8 million, up 67% year-over-year, with billings amounting to $234.1 million, growing 47% year on year. This puts Nutanix on an annual run rate that will soon reach the $1 billion mark. For Q3, Nutanix posted a GAAP net loss of $112.0 million, compared to a net loss of $46.8 million in Q3 fiscal 2016. This amounted to a GAAP net loss per share of 78c, compared to a net loss per share of 39c in Q3 fiscal 2016. It had $350.3 million of cash and cash equivalents on hand.

Nutanix ended the third quarter of fiscal 2017 with 6,172 end-customers, adding approximately 790 new end-customers during the quarter. Third quarter customer wins included Caterpillar, KYOCERA Communication Systems, MobileIron, SAIC Volkswagen, Société Générale and Sprint. In addition, Nutanix states it has penetrated 521 of the Global 2000 enterprises, has 269 customers with lifetime bookings of $1-3 million, 38% of bookings come from international customers and 71% of revenues come from repeat customers, and gross margin of 58.4%. Nutanix calculates that it has $463 million in deferred revenue potential.

Currently, Nutanix has about 2,672 employees, up from 1,798 a year ago, with around 810 in R&D.

New partnerships with IBM, HPE and Cisco widens reach on x86 servers

Nutanix has had an OEM relationship with Dell since 2014, and this week, Nutanix and Dell EMC confirmed an expansion of their collaboration. In 2015, Nutanix formed an OEM partnership with Lenovo. In May 2017, Nutanix and IBM announced a multi-year initiative to combine Nutanix's Enterprise Cloud Platform software with IBM Power Systems as a turnkey hyper-converged solution for critical workloads in large enterprises. The partnership aims to deliver a full-stack combination with built-in AHV virtualisation that is targeted at cognitive workloads, including big data, machine learning and AI. The promise is a public cloud-like experience for customers of IBM Power-based systems.

Also in May 2017, Nutanix announced that its Enterprise Cloud Platform software will be available as a term-based license on Hewlett Packard Enterprises (HPE) ProLiant rack mount servers and Cisco UCS B-series blade servers, adding to previously announced support for the Cisco UCS C-series platform.

With these deals, the Nutanix stack is now available directly from the company on an x86 appliance, or on platforms from four of the leading server vendors, which collectively account for over 50% of the x86 server business. And with the new Google Cloud Platform (GCP) partnership and the launch of its own cloud services, Nutanix now has a very broad avenue to market.

Thursday, May 25, 2017

Nutanix Posts Q1 Revenue of $192 Million Up 67% YOY

Nutanix reported Q1 2017 revenue of $191.8 million, up 67% year-over-year from $114.7 million in the third quarter of fiscal 2016. Billings reached $234.1 million, growing 47% year-over-year from $159.5 million in the third quarter of fiscal 2016. There was a net loss (GAAP) of $112.0 million, compared to a GAAP net loss of $46.8 million in the third quarter of fiscal 2016.

“We continue to execute on our strategy of building a cloud operating system that provides our customers maximum choice of hardware platforms. We recently established a partnership with IBM to bring to market the industry’s first hyperconverged solution on Power Systems, and introduced support for HPE ProLiant and Cisco UCS blade servers,” said Dheeraj Pandey, CEO, Nutanix. “Our third quarter results reflect our continue focus on the Global 2000 as well as a measurable improvement in the number of larger deals in the quarter, particularly in North America.”

Some highlights:

  • Nutanix ended the third quarter of fiscal 2017 with 6,172 end-customers, adding approximately 790 new end-customers during the quarter. Third quarter customer wins included Caterpillar Inc., KYOCERA Communication Systems Co., Ltd., MobileIron, SAIC Volkswagen, Société Générale, and Sprint.
  • Added Support for New Hardware Platforms: The company announced plans to expand the supported hardware platforms for its enterprise cloud OS Software to include Hewlett Packard Enterprise (HPE) ProLiant rackmount servers and Cisco UCS B-Series blade servers, allowing customers greater choice of hardware.
  • Partnered with IBM for New HCI Solution: New partnership between Nutanix and IBM® will bring a turnkey hyperconverged solution combining Nutanix’s software and IBM Power Systems targeting high-performance workloads and one-click private clouds for large enterprises.
  • Expanded Economic Consumption Model with Nutanix Go: Nutanix Go offers qualified U.S. customers a new pricing model that enables enterprises to build their cloud, from hardware to software, using operating budgets. This innovative economic model allows customers to break free of long-term capital budget commitments and align with the purchasing experience of the public cloud.
  • Increased Number of $1 Million+ Deals: 34 customers with over $1 million in the quarter as a result of an increased focus on large deals.

http://ir.nutanix.com/company/financial/

Friday, March 3, 2017

Nutanix Hits Revenue of $182M, up 77% YoY

Nutanix reported revenue of $182.2 million for its second quarter of fiscal 2017, ended January 31, 2017, growing 77% year-over-year from $102.7 million in the second quarter of fiscal 2016. GAAP net loss was $93.2 million, compared to a GAAP net loss of $33.2 million in the second quarter of fiscal 2016; or a GAAP net loss per share of $0.66, compared to a pro forma GAAP net loss per share of $0.28 in the second quarter of fiscal 2016.

“Our journey has taken us from an unknown upstart to a well-established enterprise IT brand approaching a $1 billion annualized billings run-rate in just five years of selling. We continue to evolve and refine our strategy, including product expansions, sales focus and alternate consumption models, as we seek to capture a growing share of the highly dynamic $100+ billion enterprise infrastructure market,” said Dheeraj Pandey, CEO, Nutanix.

“Our solid results were driven by notable strength in our international business. Further, I am pleased we were able to hold our non-GAAP gross margins essentially steady despite component price increases impacting our costs,” said Duston Williams, CFO, Nutanix.

http://www.nutanix.com


Tuesday, November 29, 2016

Nutanix Hits $166.8 million in Quarterly Sales, up 90% YoY

Nutanix reported first quarter FY 17 revenue of $166.8 million, growing 90.1% year-over-year from $87.8 million in the first quarter of fiscal 2016.  Billings were $239.8 million, growing 86.9% year-over-year from $128.3 million in the first quarter of fiscal 2016. GAAP net loss of $162.2 million, compared with a net loss of $38.5 million in the first quarter of fiscal 2016.

"The time warp between an enterprise-friendly VMware and a consumer-friendly AWS is our cloud opportunity," said Dheeraj Pandey, chairman and CEO of Nutanix. "Our first quarter results are reflective of the strength of our thesis on how enterprise computing will morph in the coming three to five years."

Nutanix ended the first quarter of fiscal 2017 with a total of 4,473 end-customers, adding a total of 705 end-customers during the quarter. Cumulative end-customers with lifetime bookings over $1 million grew to 256 in the quarter.

http://www.nutanix.com

Friday, September 30, 2016

Nutanix Soars 130% in IPO - Nasdaq NTNX

Shares in Nutanix (NTNX) soared during an initial public offering (IPO) on Friday, ending the day up 130% over its initial price.

The company offered 14,870,000 shares of Class A common stock at a price of $16.00 per share.

http://www.nutanix.com




Nutanix S1 Filing: Quarterly Revenue at $139.8 million



For its most recently fiscal quarter ended 31-July-2016, Nutanix recorded revenue of $139.8 million, according to a recently updated Form S-1 registration statement filed with the SEC ahead of a potential initial public offering (IPO). Nutanix provides a next-generation enterprise cloud platform that "converges traditional silos of server, virtualization and storage into one integrated solution and can also connect to public cloud services." Some...


nverged platform for scale-out applic

Wednesday, September 28, 2016

Nutanix Prices IPO Shares in $13-15 Range

Shares in Nutanix are expected to begin trading on The NASDAQ Global Select Market under the symbol “NTNX.”

The company expects the initial public offering price will be between $13.00 and $15.00 per share, potentially raising up to $241.5 million for the San Jose based firm.


Nutanix S1 Filing: Quarterly Revenue at $139.8 million


For its most recently fiscal quarter ended 31-July-2016, Nutanix recorded revenue of $139.8 million, according to a recently updated Form S-1 registration statement filed with the SEC ahead of a potential initial public offering (IPO). Nutanix provides a next-generation enterprise cloud platform that "converges traditional silos of server, virtualization and storage into one integrated solution and can also conn

Wednesday, September 14, 2016

Nutanix S1 Filing: Quarterly Revenue at $139.8 million

For its most recently fiscal quarter ended 31-July-2016, Nutanix recorded revenue of $139.8 million, according to a recently updated Form S-1 registration statement filed with the SEC ahead of a potential initial public offering (IPO).

Nutanix provides a next-generation enterprise cloud platform that "converges traditional silos of server, virtualization and storage into one integrated solution and can also connect to public cloud services."

Some additional highlights from the S1 filing:

  • The company recorded a net loss of $126,127,000 for fiscal 2015, and a net loss of $84,003,000 for fiscal 2014.    
  • Average billings growth of 20% on a quarterly basis for the last eight fiscal quarters, which grew from $60.8 million in the three months ended October 31, 2014.
  • Average revenue growth of 17% on a quarterly basis for the last eight fiscal quarters, which grew from $46.1 million in the three months ended October 31, 2014 to $139.8 million in the three months ended July 31, 2016.
  • Average total end-customer growth of approximately 22% on a quarterly basis over the last eight fiscal quarters, which grew from 782 end-customers as of July 31, 2014 to 3,768 end-customers as of July 31, 2016. 
  • 657 new end-customers acquired during the three months ended July 31, 2016.
  • Adjusted gross margin percentage of 61% in the three months ended July 31, 2016.
  • Dell has accounted for "a meaningful portion" of Nutanix total billings over the past few fiscal quarters. This OEM relationship could be at risk given the recent Dell-EMC merger.
  • Super Micro Computer and Avnet provide contract assembly and testing for Nutanix.


The full filing is here:
https://www.sec.gov/Archives/edgar/data/1618732/000119312516707549/d937439ds1a.htm

Nutanix Files for IPO

Nutanix has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its Class A common stock.

Nutanix is seeking to list its Class A common stock on The NASDAQ Global Select Market under the ticker symbol "NTNX.”

Goldman, Sachs & Co. and Morgan Stanley & Co. LLC will act as lead book-running managers, J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC will act as book-running managers for the proposed offering. Robert W. Baird & Co. Incorporated; Needham & Company LLC; Oppenheimer & Co. Inc.; Pacific Crest Securities, a division of KeyBanc Capital Markets Inc.; Piper Jaffray & Co.; Raymond James; Stifel; and William Blair & Company, L.L.C. will act as co-managers.

http://www.nutanix.com

Nutanix Raises $140 Million for Converged Data Center Solutions

Nutanix, a start-up based in San Jose, California, announced a $140 million Series E funding round at over a $2 billion valuation.

Nutanix offers a Virtual Computing Platform, which integrates compute and storage into a single solution for the data center. Its web-scale software runs on all popular virtualization hypervisors, including VMware vSphere, Microsoft Hyper-V and open source KVM, and is uniquely able to span multiple hypervisors in the same environment.

The latest round brings Nutanix's total funding to $312 million.

http://www.nutanix.com


  • In June 2014, Nutanix announced an OEM deal under which Dell will offer a new family of converged infrastructure appliances based on Nutanix web-scale technology under an OEM deal announced by the firms. The companies said the combination of Nutanix’s software running on Dell’s servers delivers a flexible, scale-out platform that brings IT simplicity to modern data centers.
    Specifically, the new Dell XC Series of Web-scale Converged Appliances will be built with Nutanix software running on Dell PowerEdge servers.

Monday, August 29, 2016

Nutanix Acquires PernixData and Calm.io

Nutanix announced the acquisition of two start-ups: PernixData and Calm.io.  Financial terms were not disclosed.

PernixData, which is based in San Jose, specializes in scale-out data acceleration and analytics. The company’s flagship product, PernixData FVP software, virtualizes server flash and RAM to enable scale-out storage performance that is independent of capacity. No changes are required to VMs, servers or primary storage, ensuring maximum performance of all virtualized applications in a seamless, scalable and cost-effective manner.

Nutanix said it shares PernixData's architectural design philosophy that next-generation datacenter fabrics must keep data and applications close in order to drive the fastest possible performance and to deliver flexible, cost-effective infrastructure scaling.

“PernixData software has helped hundreds of customers virtualize their applications without compromising performance and visibility,” said Poojan Kumar, CEO and co-founder, PernixData.

Calm.io is working to bring an application-first approach to choosing, managing and consuming IT infrastructure – enabling customers to pick the right cloud for each application. Nutanix said it plans to add cloud automation and management capabilities to its existing software stack to deliver application and service orchestration, runtime lifecycle management, policy-based governance, comprehensive reporting and auditing services to support all application environments, including virtual machines, containers and microservices.

http://www.pernixdata.com
http://www.calm.com
http://www.nutanix.com

See also