Nutanix Said to Start IPO Roadshow as Soon as September
#Nutanix Inc., the maker of software for data centers, aims to start its initial public offering roadshow as soon as next month, according to people familiar with the matter. The company first publicly filed for its IPO in December with a $200 million placeholder, which is an amount used to calculate fees that may change. The timing for the roadshow isn’t final and could be delayed several weeks depending on market conditions, said the people, who asked not to be identified because the matter is private. The offering would be one of only a handful of venture capital-backed technology companies to go public in the U.S. this year. Only four such companies have listed this year, raising a combined $455 million compared with 11 companies that raised $1.8 billion in the same period last year, according to data compiled by Bloomberg.