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Nutanix Lands $25 Million Series B Funding

Wednesday, October 26, 2011 5:53:00 AM PDT | VentureDeal Staff

   San Jose, California  --  IT company Nutanix has garnered $25 million in its second round of institutional venture capital investment.

Nutanix is developing technologies that reduce the cost and complexity associated with network storage.

Khosla Ventures led the round, which included previous investors Lightspeed Venture Partners and Blumberg Capital.

The company said it would use the financing to "grow its market presence in domestic and international markets."

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