Planning for the Future: Nasuni Joins the Vista Equity Partners Family 

Nasuni CEO Paul Flanagan discusses why Nasuni and Vista Equity signed a strategic growth investment agreement, solidifying its unicorn status.

July 9, 2024

2024 has been a year full of significant strides for Nasuni.

In January, we announced a 30% increase in ARR (which has now surpassed $150M) and a 46% growth in new customer bookings. Nasuni has since been fueled by multiple product innovations and strategic initiatives, such as the inception of Nasuni IQ (a key step into modern AI and data intelligence), integrations with leading partner solutions Microsoft Copilot and Amazon S3, and multiple business decisions including a new Head of Business and Corporate Development, a significant rebrand, and our recent expansion within the French market.

To say the least, we’ve been busy. But busy is good. Busy means dedication. Busy means success. Busy means preparing for the future.

Today, I’m adding another company milestone to the list. Vista Equity Partners, a leading global technology investor, has seen what we’ve always known about Nasuni. We have been growing at an accelerated rate for the past several years, striving to become the top enterprise data platform for hybrid cloud environments in the market. And now, I’m thrilled to share that Nasuni has signed an agreement to receive a majority investment led by Vista, along with two other world-class investors, TCV and KKR. This investment values Nasuni at approximately $1.2 billion.

So, what does this actually mean?

In short, we continue doing what we’ve been doing.

Nasuni will still be as dedicated as ever to our customers, partners, and employees. We will keep priding ourselves on the quality of products and services that we deliver to the market, proven by industry-leading metrics (including top decile customer retention rates and NPS scores, as well as our profitable business model). The consistent innovation and quality you’ve seen from Nasuni in the market will continue to be a core focus for our team.

Our employees will remain a top priority, as they’ve always been. Nasuni knows that the success of our business is driven by the success of our people, and we are confident that Vista embraces these same beliefs and can help take us to the next level with their substantial knowledge, experience, and expertise of mission-critical businesses.

Needless to say, this is an extremely exciting time for Nasuni. But before I close out, I wanted to give a quick round of thanks.

Welcome to our new investors! With Vista, TCV, and KKR, our shared mission becomes even stronger as we set our sights on the path ahead. Thank you for your belief in us.

Additionally, thank you to our investors Goldman Sachs and Sixth Street Partners. You believed in Nasuni back when you first invested, and we are very happy to continue this partnership with you. You have been an incredible “value add”!

Of course, we also want to thank the investors that helped us from the very beginning. Without Northbridge Venture Partners, Sigma Partners, Sigma Prime Ventures, Flybridge, and Dell Ventures, we would never have been able to make the journey to today. We will miss working with you.

Then, our customers. Thank you to the companies that have made the ultimate investment by buying our technology and services and for believing in us. I trust that we have earned your loyalty to Nasuni, and we will make sure to exceed your expectations with every business need.

Next, our partners. Thank you for embracing Nasuni as you work to solve our customers’ challenges and provide them with a future-ready solution for all their unstructured data. Your passion for business results fuels Nasuni, and it is a privilege to partner with you in the market.

Last but certainly not least, our wonderful employees: Thank you for choosing to work at Nasuni and being part of our team. We are nothing without you. From this point on, onward!

We will forever be grateful to everyone who has been following us on our journey to modernize enterprise data management, and hope you stick around. And if you’re new here, welcome to Nasuni: we are the future of hybrid cloud.

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