Nutanix Exceeds $80M Annualized Run Rate in Only Its Sixth

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Nutanix Exceeds $80M Annualized Run Rate in Only Its Sixth Quarter of Selling

SAN JOSE, CA--(Marketwired - May 8, 2013) - Nutanix , the leading provider of hyper-efficient, massively scalable and elegantly simple datacenter infrastructure solutions, today released information regarding the company's performance since shipping its first Virtual Computing Platform in late 2011. In just six quarters, Nutanix has grown at 80% quarter-over-quarter and achieved an annualized run rate of over $80 million, eclipsing the market adoption velocity of all storage, networking and infrastructure startups since the early 2000s.

Over the past year, Nutanix has also made significant strides in growing its customer and partner base, scaling customer deployments, adding significant headcount, expanding internationally and doubling the size of its headquarters. Global 2000 companies, medium to large sized enterprises and government agencies have overwhelmingly responded to Nutanix's innovative solution for enterprise datacenters, which seamlessly and natively converges compute and storage into a single appliance.

According to Gartner 1 , "IT organizations are moving toward data center convergence, forcing storage architects to re-evaluate SAN protocol selections, storage processes, and best practices."

Recently named a "Cool Vendor in Server Technology" 2 by Gartner, Nutanix was recognized by the analyst firm for its clustered, appliance-based approach to compute and storage, which effectively eliminates the need for a storage area network.

To keep up with the company's growth and customer demand for Nutanix's breakthrough approach to datacenter architectures, Nutanix has added more than 100 employees in the past 12 months and has opened new offices in Belgium, Hong Kong, Japan, the Netherlands, Singapore, South Korea and the United Kingdom during the same time period, including parts depots across the world.

Supporting Quotes

"Nutanix can be regarded as a blueprint for this new class of infrastructure offering ...Brought to the market by a team of engineers, including contributors to Google's file system, Nutanix now has a management team with a strong track record in bringing new server technology to the market." - Report: Evaluate New Converged Infrastructures to Underpin the Software-Defined Data Center , Forrester Research, Inc., March 20, 2013

"From start to finish, working with the Nutanix team has been excellent! The hardware is rock solid, the support top notch, and the engineers I've engaged with have been on point from both an implementation perspective, but also for any production support questions as well." - Dave Notarangelo, director of infrastructure services at Financial Partners, Inc.

"Nutanix is doing for the datacenter what the smart phone did for mobile industry. Just as the iPhone packaged communication, applications and entertainment into one easy to use handset, Nutanix has pulled off a similar feat for the datacenter by seamlessly combining compute and storage into a single, highly scalable box. The result has been six quarters of record-breaking sales and resounding industry traction as the demand for our Virtual Computing Platform continues to grow exponentially." - Dheeraj Pandey, founder and CEO of Nutanix

About Nutanix Nutanix provides datacenter infrastructure solutions that are hyper-efficient, massively scalable and elegantly simple. The award-winning Nutanix Virtual Computing Platform has disrupted the market by seamlessly and natively converging compute and storage in a single appliance. Headquartered in San Jose, Calif. with offices and authorized solution providers throughout the world, Nutanix is privately held and backed by top-tier VC firms. For more information, visit www.nutanix.com .

Gartner Disclaimer Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

1 Gartner "2013 Planning Guide: Data Center, Infrastructure, Operations, Private Cloud and Desktop Transformation" by Chris Wolf, Nik Simpson, Alessandro Perilli, Matthew Brisse, Werner Zurcher, Gunnar Berger, November 1, 2012.

2  Gartner "Cool Vendors in the Server Market, 2013" by Andrew Butler, Carl Claunch, Mark A. Margevicius and George J. Weiss, May 1, 2013.

Contact: Scott Beaver Bateman Group for Nutanix Tel: 415-503-1818 Email Contact

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