Goldman Sachs tips $38m into Nasuni's hat Cloud storage gateway business Nasuni has picked up $38m in extra funding to boost research and development, customer success, and go-to-market efforts, taking the total raised to around $120m. Here is what we know of Nasuni’s funding progress: 2008 - founded, 2009 - $8m A-round, 2010 - $15m B-round 2012 - $20m C-round …
Having worked for GS for many years ... a long time ago, I can confidently tell you they will be expecting a far bigger return than 200%. Given that even at this late stage of funding a fair percentage startups crash. You have to get a lot of money out of those that succeed to pay for those that don't.
What also should be mentioned is that despite GS being a banking firm it is also very much a company that values technology. I remember the chap who GS is putting on the board of this firm. 15 years ago he was one of their unix SA's.
Being the predatory self serving capitalist Co(#$fa(e$ they are, there is no better sign to existing investors to get the f out of a start up than when Gold Sacks get involved. They only ever stalk positions of elevated shareholder rights. All existing shareholders...check the deal!!! and (whispering voice) "get out"
Interview As CTO of The New York Times two decades ago, Andres Rodriguez became frustrated with the time-consuming and unreliable process of backing up massive amounts of data that was only tested when it failed.
That experience led him in 2008 to launch Nasuni, building what has become a cloud-native global file platform that does away with traditional backups and instead constantly creates new versions of files that are not shipped to a backup system but instead are kept on the cloud-based platform. In addition, everything is managed – both in the cloud and on-premises – via the platform.
Enterprises save money by not having to build extensive backup environments and they can better protect their data, said Rodriguez, who also is now Nasuni's CTO. As an added bonus, the platform also gives organizations more tools to protect against the ongoing threat of ransomware.
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