Enterprise cloud firm Nutanix acquires Sequoia-backed automation startup Calm.io

31 Aug, 2016

Silicon Valley-headquartered enterprise cloud computing company Nutanix Inc. has acquired development and operations (DevOps) automation startup Calm.io for an undisclosed sum.

Nutanix has also signed a definitive agreement to acquire PernixData Inc., a scale-out data acceleration and analytics firm. California-based PernixData, launched by Poojan Kumar and Satyan Vaghani in 2012, was backed by investors like Lightspeed Venture, Menlo Ventures and individual investors, and had raised $62 million in three funding rounds.

The new technologies will enable Nutanix to improve the speed of its cloud computing platform and enhance or create new software products, the company said in a statement.

Dheeraj Pandey, founder, CEO and chairman of Nutanix, said the acquisitions will help the company build the next generation of innovative products.

Calm.io--a Sequoia Capital-funded startup--raised $4 million in its first round of funding in 2013 and an undisclosed amount of funding earlier this year. It was also part of the latest batch of Microsoft Accelerator in India.

Calm.io founder Aditya Sood said Nutanix is a leader in the enterprise cloud segment and has a broad outlook on how the infrastructure world is going to change in coming years.

Founded in 2009, Nutanix's enterprise cloud platform leverages web-scale engineering and consumer-grade design to converge compute, virtualisation and storage into a software-defined solution with machine intelligence.

The company has so far raised $312.2 million in six rounds from investors, including Lightspeed Venture, Khosla Ventures, Sapphire Ventures, Redwood Capital and Morgan Stanley. Nutanix is also likely to file for an IPO in December this year.

It posted revenue of $114.7 million for the three-month period ended in April, a 12% jump over the previous quarter and its strongest quarterly revenue to date. The company, however, is not profitable, reported Reuters.

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