Nutanix plans to raise up to $200M in what could be first Silicon Valley IPO of 2016

By: Cromwell Schubarth
Software-defined storage company Nutanix could be the first Silicon Valley IPO of the new year, filing plans to raise up to $200 million on Tuesday.

The San Jose company led by CEO Dheeraj Pandey plans to list on the Nasdaq under the symbol NTNX.

It had been expected to make its debut early last year and filed confidential plans for its offering on July 1, but volatility in the markets in the second half of this year may have led it to delay…read more.