Nutanix was founded with a bold vision: to make managing IT infrastructure so simple that it becomes invisible. It all started with bringing together compute, storage, networking, and virtualization in one invisible stack.

Background:

Nutanix is a global leader in cloud software and a pioneer in hyperconverged infrastructure solutions, making computing invisible anywhere. Nutanix’s radically simple compute and storage infrastructure enables organizations around the world to use Nutanix software to leverage a single platform to manage any app at any location at any scale for their private, hybrid and multi-cloud environments.

Despite selling an appliance, all of Nutanix’s intellectual property is in its software. There is significant intellectual property required to knit together servers as a common storage resource pool and still provide the performance, scalability and availability expected for enterprise applications.

Battery participated in the company’s series C and series D financings in 2012 and 2013, respectively. Battery also bought shares in the company’s IPO.

Outcome:

Nutanix went public in September 2016 (NASDAQ: NTNX).