Signs for the upcoming Nutanix IPO are apparently positive, as the company raised its price range today to $13 to $15.

That's up from an $11 to $13 range for the 14 million-share offering, which is expected to launch on Friday, according to Nasdaq. The price boost means Nutanix could raise about $196 million in the IPO, based on the $14-per-share midpoint.

The underwriters have a 2.1 million share allotment that could be sold as well, in which case the offering would raise about $225.4 million.

In terms of corporate pride, a $14 midpoint would equate to a market capitalization of $1.91 billion rather than $1.64 billion — bringing it closer to the $2 billion market cap that the company had after its Series E funding round.

The Nutanix IPO has been highly anticipated, partly because the company rocketed to a strong position in hyperconverged infrastructure, and partly because it's taken so darned long. Nutanix filed for the offering in December but postponed it in February, during a weak IPO market. The offering has been lingering ever since.

The price increase suggests investors are impressed with the company's continued growth and not bothered by its losses. For fiscal 2016, which ended July 31, Nutanix reported revenues of $445 million and losses of $168 million, or $3.83 per share.

To put that in perspective, $168 million equates to about $460,000 per day.

For 2015, Nutanix reported revenues of $241 million and losses of $126 million, or $3.11 per share.

Founded in 2009, Nutanix has raised $312 million in five rounds.

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