Venture Capital News: Nasuni Lands $60M From Sixth Street Growth
BOSTON, MA, Nasuni today announced a $60 million equity investment by new investor Sixth Street Growth.
Nasuni, the leader in file data services, today announced a $60 million equity investment by new investor Sixth Street Growth, the growth investing platform of global investment firm Sixth Street, which will also be joining Nasuni's board. The valuation reflects a significant increase over the company's previous capital raise closed 18 months ago. This rapid expansion is in response to accelerated demand for its file data platform and as organizations quickly move workloads to cloud environments to realize the benefits for increased scale, superior economics and heightened security from ever intensifying cyber threats.
Nasuni provides modern cloud file services, powered by the world's only cloud-native global file system. Nasuni is a cloud replacement for traditional network attached storage (NAS) and file server silos, consolidating file data in easily expandable cloud object storage at a fraction of the cost. Nasuni also eliminates the need for complex legacy file backup and disaster recovery infrastructure, dramatically simplifying IT administration. Companies and organizations worldwide rely on Nasuni to easily access and share files globally from the office, home or on the road. Sectors served by Nasuni include manufacturing, construction, creative services, technology, pharmaceuticals, consumer goods, oil and gas, financial services, and public sector agencies. Nasuni's corporate headquarters is based in Boston, Massachusetts, USA delivering services in over 70 countries around the globe.
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