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 …

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How nice of them

If GS Growth is putting money in then you know that they are expecting a big fat reward. It sounds much better when you paint it as extra funding to boost research and development but all they want is a 200% return.

Be afraid, very afraid.

[Anonymous Coward]

Re: How nice of them

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.

[WillbeIT]

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"