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Stock impact report

Nasuni Announces Majority Investment Led by Vista Equity Partners at $1.2 Billion Valuation [Yahoo! Finance]

CCC Intelligent Solutions Holdings Inc. (CCCS) 
Company Research Source: Yahoo! Finance
hybrid cloud environments, today announced a strategic growth investment led by Vista Equity Partners , a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. Vista will be joined by TCV and KKR in the new investment, which values Nasuni at approximately $1.2 billion The investment will build on Nasuni's strong momentum disrupting the legacy storage industry to further accelerate product innovation and commercial expansion in the global hybrid cloud market. Further terms of the transaction were not disclosed. "At Nasuni, we care first and foremost about the success of our customers, partners, and employees," said Paul Flanagan , CEO of Nasuni. "We are maniacal about our commitment to delivering quality in every aspect of our business and interaction with our customers. This investment and our strategic partnership with Vista, TCV, and KKR will allow us to build upon that commitment, scale with purpose and continue to innovate Show less Read more
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