With a goal to make IT management easier for the industrial sector, Nutanix Inc was founded in September 2009. The company’s founding team was three successful Indian entrepreneurs, Dheeraj Pandey, Mohit Aron, and Ajeet Singh. Nutanix’s headquarters is based in San Jose, California, US. The main products of the company are Enterprise Cloud Platform, Business Software, and IoT. It offers various cloud-based solutions and services as well disaster recovery, cloud monitoring, and much more. There are more than 20,000 leading companies that are customers of Nutanix including Volkswagen, Vodafone, Nasdaq, Seattle Children’s, etc. Currently, the company is focusing on developing more products for entering into the hybrid multi-cloud ecosystem.
Founding Story
Nutanix is an IT company that mainly focuses on providing cloud-based enterprise software. It has also received several awards for innovation and best products and also as a startup. This startup was founded in 2009 and one of the co-founders, Dheeraj Pandey became the CEO of the company. Mohit Aron left the company in 2013 to found a computer data storage company, Cohesity. Nutanix was very lucky when it came to raising funds as, within four years of its establishment, it successfully hosted five funding rounds. By 2013, the company raised $312.2 million from funding and it also reached a $1 billion valuation in the same year and received unicorn status. In 2014, its valuation became $2 billion after the Series E funding where it raised $140 million. Some of the major investors involved were Khosla Ventures, Lightspeed Venture Partners, and Blumberg Capital.
Nutanix became a public company in 2015 but unfortunately, it suffered a net loss of $126 million in the same year. The company also started acquisitions in 2016 and acquired two companies, namely, PernixData and Calm.io in the same year. In 2017, Nutanix established a partnership with IBM, and again in 2018 acquired three companies, Netsil, Minjar, and MainFrame2 Inc. After the pandemic, the company shifted from making hardware applications to SaaS products.
Awards & Accolades
Founded in 2009, Nutanix started receiving prestigious awards after a couple of years. In 2011, the company received the Best of VMworld 2011 – Gold Award for its products. The experts made Nutanix the winner based on innovation, usability, reliability, value, and performance. In 2012, Nutanix again received the “Best New Product of 2012” award by VMworld because they liked the SAN-free approach by Nutanix for enhancing virtualization performance. It received a series of awards in 2013 including VMworld vFlipcup 2013 Champions, announced one of the top 100 companies in North America by Red Herring, LinkedIn Top 10 InDemand Tech Startup, recognized as “Cool Vendor” by Gartner, and a few more.
In 2014, Nutanix was named a Tech Trailblazer which is a new concept in the startup ecosystem. This award was mainly given to young startups and after it was recognized as such, the companies received a lot of support for growing their business. In the same year, it also bagged a customer service award and received the Technology of the Year award by InfoWorld. Dheeraj Pandey, one of the co-founders was named EY Entrepreneur of the Year in 2015. In 2018, the company was featured by well-known magazines and companies like Forbes, Gartner, Deloitte, and GEC Media Group. Nutanix was also named one of the 18 great companies for millennials in the San Francisco area. Recently, it has received a few awards for being one of the top workplaces.
Rajiv Ramaswami – CEO of Nutanix
Rajib Ramaswami is the current CEO and President of Nutanix who joined the company late in 2020. Before he joined Nutanix, he worked in various positions at VMware. Ramaswami was the Executive Vice President and General Manager of VMware’s networking and security business and later he became the Chief Operating Officer of Products and Cloud Services. Ramaswami worked at various other companies including IBM, Cisco, Nortel, Tellabs, and Broadcom. He completed his bachelor’s degree in India and then went to the University of California, Berkeley.
Annasha Dey is an NIT student, who apart from studying engineering is also a content writer. She has a great interest in photography, writing, reading novels, and travelling as well. She is a foodie who loves socializing and hanging out with her friends. She is also a trained Kathak dancer and a big fashion enthusiast. Dey also loves watching TV series, which includes F.R.I.E.N.D.S. and Big Bang Theory. To be a better writer she prefers to read more