Nutanix shares have jumped nearly 30% as Bain Capital announce that they are investing $750 million in the company.

Nutanix is a very interesting cloud software giant that has an amazing future. However, its CEO and co-founder Dheeraj Pandey has announced that he is retiring soon.

“There is no better time for me to make this transition to a new leader who can guide Nutanix through its next decade of growth and success,” Pandey said in a statement.