Nasuni Announces Majority Investment Led by Vista Equity Partners at $1.2 Billion Valuation
Rhea-AI Summary
Nasuni, a leading enterprise data platform, has announced a strategic growth investment led by Vista Equity Partners, alongside TCV and KKR. The new investment values Nasuni at approximately $1.2 billion and aims to accelerate product innovation and global expansion in the hybrid cloud market. Nasuni's CEO, Paul Flanagan, highlighted the company's commitment to quality and innovation. Nasuni has achieved a 30% growth rate, high customer retention, and industry-leading NPS scores. The platform is used by over 850 companies in 70 countries, supporting large enterprises in manufacturing, consumer goods, and energy sectors.
Positive
- Nasuni secured a $1.2 billion valuation from a new investment led by Vista Equity Partners.
- The investment will accelerate product innovation and commercial expansion globally.
- Nasuni has maintained a consistent 30% growth rate.
- High customer retention rates and industry-leading NPS scores.
- Nasuni's platform supports over 850 companies across 70 countries.
Negative
- None.
News Market Reaction – KKR
In the trading session that priced this news, KKR gained 0.49%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
TCV and KKR also Participate as New Investors
The investment will build on Nasuni's strong momentum disrupting the legacy storage industry to further accelerate product innovation and commercial expansion in the global hybrid cloud market. Further terms of the transaction were not disclosed.
"At Nasuni, we care first and foremost about the success of our customers, partners, and employees," said Paul Flanagan, CEO of Nasuni. "We are maniacal about our commitment to delivering quality in every aspect of our business and interaction with our customers. This investment and our strategic partnership with Vista, TCV, and KKR will allow us to build upon that commitment, scale with purpose and continue to innovate as we look to take Nasuni to the next level."
Nasuni's success to-date includes award winning technology, top decile customer retention rates, industry leading NPS scores, and a consistent
"Nasuni's platform offers a highly differentiated approach to consolidating, protecting, and managing data at scale with performance that is critical to supporting AI applications and other high-volume data use-cases," said Martin Taylor, Co-Head of Vista's Foundation Fund and Senior Managing Director. "We are thrilled to partner with the Nasuni team as they work to help businesses optimize their expanding and complex data needs with solutions that are fast, secure, and highly cost-effective."
BofA Securities served as the exclusive financial advisor and Goodwin Proctor LLP served as legal advisor to Nasuni. Kirkland & Ellis LLP served as legal counsel to Vista and TCV. KKR is making the investment through its Next Generation Technology III Fund.
About Nasuni
Nasuni is a scalable data platform for enterprises facing an explosion of unstructured data in an AI world.
The Nasuni File Data Platform delivers effortless scale in hybrid cloud environments, enables control at the network edge, and meets the modern enterprise expectation for insight- and AI-ready data. It simplifies file data management while increasing storage access and performance. Its best-in-class file recovery protects customers against a range of cyber threats and eliminates the need for specialized backup and disaster recovery – all while cutting the cost of infrastructure by up to
Organizations worldwide rely on Nasuni, spanning across the manufacturing, construction, energy, consumer goods, and public sectors. Nasuni's corporate headquarters is in
About Vista Equity Partners
Vista is a leading global investment firm with more than
About TCV
For nearly thirty years, TCV has partnered with global, category-defining, technology companies as a leading growth equity investor. Leveraging its deep industry expertise and strategic resources, TCV's mission is to provide long-term capital and support to high-quality management teams across their growth journey. Since its founding in 1995, TCV has invested over
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing worldclass people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR's website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group's website at www.globalatlantic.com.
Media Contacts
Nasuni
Kristin Concannon
kconcannon@nasuni.com
617-416-2873
Vista Equity Partners
Brian W. Steel
media@vistaequitypartners.com
212-804-9170
KKR
Liidia Liuksila
media@kkr.com
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SOURCE Nasuni