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Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=214b2ab1-8e5f-4970-90aa-7085dba73c74&Preview=1
Date
8/23/2011
Company Name
PURE Storage
Mailing Address
650 Castro St. Mountain View, CA 94041
Company Description
Pure Storage is leveraging flash to change the performance and cost dynamics of enterprise storage.
Website
http://www.purestorage.com
Transaction Type
Venture Equity
Transaction Amount
$30,000,000
Transaction Round
Series C
Proceeds Purposes
The company plans to use the new funds to accelerate engineering, operations and go-to-market activities. The funding also ratified the relationship with Samsung Semiconductors (NASDAQ: SSNLF).
M&A Terms
Venture Investor
Redpoint Ventures
Venture Investor
Greylock Partners
Venture Investor
Sutter Hill Ventures
Venture Investor
Samsung Ventures
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