10 Hot Tech Startups For July


Nutanix

Nutanix offers the Nutanix Virtual Computing Platform, which combines server and storage technology in one 2U appliance for running any virtual workload. The converged infrastructure system eliminates the need for network-based storage architecture, including storage area networks or network-attached storage.

Founded in 2009 by CEO Dheeraj Pandey, San Jose-based Nutanix began shipping its products in late 2011, and in May the company said it achieved an annual sales run-rate of $80 million after just six quarters. The company raised $71 million in three rounds of financing.

Last month the company introduced the NX-1000 appliance for mid-size companies and branch office deployments, as well as the NX-6000 system for data and capacity workloads.