Nasuni Raises $60M in Growth Equity Funding

Nasuni Raises $60M in Growth Equity Funding

A pioneer in file data services, Nasuni Corporation of Boston, Massachusetts, has raised $60 million in equity capital.

Sixth Street Growth, a new investor who will also serve on Nasuni’s board, led the financing.

As they engage in innovation, global expansion, and prospective strategic acquisitions, the company plans to use the cash to accelerate the growth and extension of their File Data Services.

Nasuni, under the direction of CEO Paul Flanagan, offers cutting-edge cloud file services as a substitute for conventional network attached storage (NAS) and file server silos. Additionally, Nasuni streamlines IT administration by doing away with the requirement for complicated traditional file backup and disaster recovery infrastructure. It is used by businesses and organisations around the world to access and share data from the office, home, or while travelling. Manufacturing, construction, creative services, technology, pharmaceuticals, consumer products, oil and gas, financial services, and public sector organisations are among the industries that Nasuni serves. The business offers services in more than 70 nations worldwide.