Pure Storage

company

About

Pure Storage is an all-flash enterprise storage company that enables broad deployment of flash in data centers.

Details

Last Funding Type
Series D
Last Funding Money Raised
$40M
Industries
Cloud Computing,Data Storage,Enterprise Software
Founded date
Sep 1, 2009
Number Of Employee
1001 - 5000
Operating Status
Active
Stock Symbol
nyse:PSTG
Legal Name
Pure Storage, Inc
Also Known As
Os76 Inc.

Pure Storage is pioneering a new class of enterprise storage that has been designed from the ground up to take full advantage of flash memory. The company's products accelerate random I/O-intensive applications like server virtualization, desktop virtualization (VDI), database (OLTP, rich analytics/OLAP, SQL, NoSQL), and cloud computing.

Pure Storage makes it cost-effective to broadly deploy flash within the data center, enabling organizations to manage growth within existing power and space constraints. Launching later this year, the company's products are in private beta with select customers. Pure Storage is funded by Greylock Partners and Sutter Hill Ventures.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
$0.95B
Pure Storage has raised a total of $0.95B in funding over 2 rounds. Their latest funding was raised on Oct 6, 2015 from a IPO round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 6, 2015 IPO $425M Detail
Aug 11, 2014 Secondary Market $60M 4 T. Rowe Price Detail
Apr 22, 2014 Series F $225M 8 T. Rowe Price Detail
Aug 29, 2013 Series E $150M 7 T. Rowe Price
Tiger Global Management
Detail
Aug 15, 2012 Series D $40M 5 Index Ventures Detail

Investors

Number of Lead Investors
Number of Investors
7
13
Pure Storage is funded by 13 investors. T. Rowe Price and Employee Stock Option Fund are the most recent investors.
Investor Name Lead Investor Funding Round
T. Rowe Price Yes Secondary Market
Employee Stock Option Fund Secondary Market
Tiger Global Management Secondary Market
Wellington Management Secondary Market
Greylock Series F
In-Q-Tel Series F
Index Ventures Series F
Redpoint Series F
Sutter Hill Ventures Series F
IVP Series E

Employee Profiles

Number of Employee Profiles
154
Pure Storage has 154 current employee profiles, including Board member Frank Slootman
Board member
Board member
Board member
Advisor
Employee

Acquisition

Pure Storage has acquired 3 organizations. Their most recent acquisition was StorReduce on Aug 21, 2018. They acquired StorReduce for 0.

Date Company Name
Industry Acquisition Type Price
Aug 21, 2018 StorReduce
Cloud Data Services acquisition Detail
Apr 2, 2019 Compuverde
Consumer Electronics acquisition Detail
Sep 16, 2020 Portworx
Cloud Storage acquisition $ 370M Detail