As I discussed earlier, Netsil pioneered a new class of Application Observability that is proving to be a pain killer for the lean-forward enterprises who are adopting containers and microservices. Nutanix, a lean-forward tech provider itself, recognized Netsil’s strategic value and today announced that they are acquiring the company. I am excited to see the nimble team at Netsil join forces with a world-class modern technology company and am personally delighted that someone I respect, Nutanix CEO Dheeraj Pandey, will mentor them going forward. As Nutanix delivers on its promise to lead the adoption of multi-cloud software, Netsil’s solution will become a force multiplier that delivers real-time observability to 1000s of enterprises worldwide.
As Sunil Potti, Chief Product and Development Officer of Nutanix says, “Netsil’s groundbreaking technology offers an original approach to simple yet comprehensive application discovery and operations management across multiple cloud environments and will be a powerful addition to Nutanix. Netsil, which can be consumed as a cloud-based service, and also combined with Nutanix Enterprise Cloud OS software, gives both DevOps and IT teams the power to quickly deploy and operate applications with confidence, in any cloud, at any scale, while ensuring reliability, performance and security.”
I still remember the day 3 years ago when we met Harjot Gill, Netsil co-founder & CEO, and his team from the University of Pennsylvania as they embarked on their entrepreneurial journey. As a people-first investor, we pride ourselves on getting to know bold entrepreneurs who have the grit to pursue their dreams. We backed Netsil in fall 2015. The Netsil team was exceptionally capital efficient while delivering on a very innovative product that can power monitoring and operations for cloud applications. It has been an honor to be their partner on this journey. Please join me in congratulating Harjot and the entire Netsil team.