The cloud enterprise platform, backed by Sapphire Ventures, is set to make its debut on Nasdaq today after securing nearly $238m in an initial public offering yesterday.
Nutanix, a US-based enterprise cloud company backed by venture capital firm Sapphire Ventures, is set to float on Nasdaq today after completing a $237.9m initial public offering yesterday, valuing it at $2bn.
The company sold 14.87 million shares in its IPO priced at $16, slightly above the anticipated 14 million shares and an expected range of $13 of $15. Nutanix had filed for a $200m initial public offering in December 2015 but delayed the flotation citing market conditions.
Incorporated…
