Nutanix announced that it has closed its $101 million Series D financing co-led by Riverwood Capital and SAP Ventures. Morgan Stanley Expansion Capital and Greenspring Associates also participated in the round as new investors, joining existing investors Lightspeed Venture Partners, Khosla Ventures and Battery Ventures. The company has now raised a total of $172.2 million in four rounds of funding.

Nutanix will use the new funding to accelerate its global expansion, boost investments in research and development, expand its service delivery capabilities and grow its sales, marketing and support teams. Jeff Parks, a founding partner of Riverwood Capital and former executive at Kohlberg Kravis Roberts & Co., has been named to the Nutanix board of directors. In a separate appointment, Mike Scarpelli, CFO of ServiceNow and former CFO of Data Domain, has also been named to Nutanix's board of directors.