![]() This means engineering teams sometimes struggle to find out about technical issues that customers experience while using their software. The challenge is that the developers responsible for building a company’s applications often have limited visibility into how the company’s customers interact with those applications. Pandey and Agarwal founded DevRev to address a common challenge in software projects. Nutanix posted revenues of $345 million last quarter, up 8.2% from the same time a year ago. The company has developed a large software portfolio that includes products for tasks such as managing databases, backing up business information and orchestrating Kubernetes clusters. The company originally sold infrastructure appliances for on-premises data centers and raised more than $300 million from investors before listing on Nasdaq in 2015.Īs a public firm, Nutanix carried out a shift from selling infrastructure appliances to providing software products for enterprise hybrid cloud deployments. Publicly traded Nutanix is a major provider of software for managing cloud environments. Agarwal was senior vice president of engineering at the company, a role in which he led product development initiatives. Pandey is one of Nutanix’s co-founders and was its CEO until last December. The startup will use the funds to complete development of its first product, a software platform aimed at simplifying the work of application developers.ĭevRev was established by CEO Pandey (pictured) and co-founder Manoj Agarwal, who created the startup after leaving Nutanix in late 2020. The capital was provided by Mayfield Fund and Khosla Ventures, two of Silicon Valley’s most prominent venture capital firms, as well as a number of unnamed investors that DevRev described as industry luminaries. DevRev Inc., a new startup led by former Nutanix Chief Executive Officer Dheeraj Pandey, today exited stealth mode with $50 million in initial funding.
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