Cloud Computing Outlook

Nasuni Secures USD 25 Million in New Equity Financing and USD 15 Million in Debt Financing

By Cloud Computing Outlook | Wednesday, July 15, 2020

Nasuni consolidates network-attached storage (NAS) and file server silos in cloud storage, delivering infinite scale, built-in backup, global file sharing, and local file server performance

FREMONT, CA: Cloud file storage technology developer Nasuni secured USD 40 million in funding, which included USD 25 million in new equity financing from family offices, venture capital firms and corporate venture arms, Goldman Sachs, Telstra Ventures, Northbridge Venture Partners and others, and a USD 15 million debt facility from Silicon Valley Bank. The company has now raised over USD 100 million over the last three years and intends to use the funds to continue the expansion of operations and its business reach.

“This is an opportunity to get all our programs up to speed,” said Andres Rodriguez, founder and CTO of Nasuni. ”We‘re strong with Microsoft and Amazon Web Services and ramping up for Google for next year. We feel everything is going to the cloud. We want to be on every path for people looking to get to the big three cloud providers. It is important to ramp up education and partner training to make that happen.”

Juan Orlandini, the chief architect at Insight Enterprises, stated that there is a certain amount of comfort in knowing that one’s partners have a healthy war chest. Insight Partners is an Arizona based solution provider that has worked with Nasuni for several years. “We do due diligence on any products we sell,” said Orlandini. ”But all too often, we see great products come to market but disappear due to poor execution. Having a war chest doesn‘t change my mind on a company’s investment. But it gives me comfort that the vendor has the ability to innovate and invest as necessary.”

Nasuni consolidates network-attached storage (NAS) and file server silos in cloud storage, delivering infinite scale, built-in backup, global file sharing, and local file server performance. Companies from a wide array of industries use it to share and collaborate on files across multiple sites, enhance workforce productivity, reduce IT cost and complexity, and maximize the business value of their file data. The company provides its services across sectors like manufacturing, construction, creative services, technology, pharmaceuticals, consumer goods, oil and gas, financial services, and public sector agencies. The software platform is deployed in over 70 countries around the world.

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