Weekly Cloud review: Nutanix bags $101M, GitHub buys another company
Hypeconvergence made a return to the headlines this week after Nutanix, a provider of “data center in a box” solutions, secured a massive $101 million in Series D financing. The round was co-led by Riverwood and SAP Ventures, with participation from Morgan Stanley Expansion Capital, Greenspring Associates and the three existing investors.
Nutanix said that it will use the funding, which raises its valuation to $1 billion, to expand global sales in marketing and accelerate the development of its flagship Virtual Computing Platform. The company is working to round out the offering with enterprises features and expand its lead over competitors Pure Storage and SimpliVity, which raised $58 million a few weeks earlier. It offers a rivaling IT appliance, dubbed OmniCube, that integrates storage, compute and networking and delivers data management capabilities on top.
A few days prior, code repository operator GitHub bought out Y Combinator graduate Easel for an undisclosed sum. The California-based startup offers a cloud-based web development tool that lets developers easily prototype and test sites from within a browser.
“We started Easel because we weren’t satisfied with the workflow of designing for the web,” read an official statement from the company, which will stay independent after the acquisition. “We believe that iterating on design should be straightforward and free of repetitive work. We’re excited to be joining GitHub to continue to pursue that goal.”
Meanwhile, SAP announced that Bob Calderoni resigned as the head of its cloud business. The veteran executive joined the business intelligence giant as part of the $4.51 billion acquisition of enterprise software maker Ariba, which headed since 2001. He continues to serve as a strategy advisor to the SAP management board.
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