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Announced

Completed

Sixth Street led a $60m Series I round in Nasuni.

Financials

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Transaction Value£45m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Cloud data services

Minority

Domestic

Data Centers and Hosting

file sharing solutions

Single Bidder

Venture Capital

Private

Friendly

Private Equity

United States

data storage

Acquisition

Synopsis

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Sixth Street, a global investment firm, led a $60m Series I round in Nasuni, a company which provides modern cloud file services, powered by the world’s only cloud-native global file system. “The unprecedented events of the past 24 months have accelerated the generational cloud transformation for businesses and the increasing value of data. Cybersecurity threats such as ransomware are forcing businesses to think differently about their data infrastructure. Nasuni pioneered the cloud-based file data services category almost a decade ago and has led the way in defining the architecture, business model and user experience. This investment and our continued, rapid growth are validation of our vision,” Paul Flanagan, Nasuni Chief Executive Officer.

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