Nutanix Hiring Banks For An IPO

Nutanix, an enterprise virtualization and storage company, is reportedly hiring underwriters for an IPO later this year.  The offering could value the company at more than $2.5bn.  Nutanix has raised over $310m from investors including Fidelity Investments, Wellington Management, Goldman Sachs Group Inc, Riverwood, Khosla Ventures, Battery Ventures, Blumberg Capital, SAP Ventures and Lightspeed Venture Partners.

Nutanix is a member of the Triton Research IPO Watchlist, a continuously updating database of companies we expect to either IPO or be acquired.  The current IPO Watchlist is comprised of 104 companies organized by investment theme.