Nasuni Closes $38 Million in New Funding
September 13, 2017
Nasuni closed $38 million in growth equity funding led by Goldman Sachs Growth Equity (GS Growth), a platform within Goldman Sachs’ Merchant Banking Division.
The investment follows another record quarter by Nasuni for new customer acquisition, expansion bookings from existing customers, and revenue.
Nasuni, which has now raised approximately $120 million, will use the new funding to expand its R&D, customer success, and go-to-market efforts.
Its growth is accelerating as enterprises look for a more scalable and cost-effective way to manage the exponential growth of unstructured data. Traditionally, IT organizations purchased NAS, backup, archive, replication, and DR hardware and software. File growth would quickly outpace capacity, file sharing and transfer challenges would limit multi-site collaboration, and insufficient recovery points and recovery times would threaten BC. Nasuni’s cloud-native global file system and on-premises caching appliances, delivered as a subscription-based cloud service and integrated with cloud object storage, represent a paradigm shift in unstructured data management. This cloud-native approach is why the company counts the largest businesses in six different industry segments among its hundreds of customers.