Tech Company Financing Transactions

Pure Storage Funding Round

Pure Storage, based in Mountain View, scored $30 million from Greylock Partners, Redpoint Ventures and Sutter Hill Ventures.

Transaction Overview

Company Name
Announced On
8/23/2011
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series C
Investors

Greylock Partners (Lead Investor) (Aneel Bhusri)

Redpoint Ventures (Lead Investor) (Satish Dharmaraj)

Sutter Hill Ventures (Lead Investor) (Michael Speiser)

Samsung Ventures (James Elliott)

Proceeds Purpose
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).

Company Information

Company Status
Publicly-held
Industry
Storage
Mailing Address
650 Castro St. 260
Mountain View, CA 94041
USA
Email Address
Overview
Pure Storage (NYSE: PSTG) is leveraging flash to change the performance and cost dynamics of enterprise storage.
Profile
Pure Storage LinkedIn Company Profile
Social Media
Pure Storage Company Twitter Account
Company News
Pure Storage News
Facebook
Pure Storage on Facebook
YouTube
Pure Storage on YouTube

Management Team

Title
Name
Email & Social
Chairman
Scott Dietzen
  Scott Dietzen LinkedIn Profile  Scott Dietzen Twitter Account  Scott Dietzen News  Scott Dietzen on Facebook
Chief Executive Officer
Charlie Giancarlo
  Charlie Giancarlo LinkedIn Profile  Charlie Giancarlo Twitter Account  Charlie Giancarlo News  Charlie Giancarlo on Facebook
Chief Technical Officer
John Colgrove
  John Colgrove LinkedIn Profile  John Colgrove Twitter Account  John Colgrove News  John Colgrove on Facebook
President
David Hatfield
  David Hatfield LinkedIn Profile  David Hatfield Twitter Account  David Hatfield News  David Hatfield on Facebook
VP - General Counsel
Joe FitzGerald
  Joe FitzGerald LinkedIn Profile  Joe FitzGerald Twitter Account  Joe FitzGerald News  Joe FitzGerald on Facebook
VP - Human Resources
Johanna Jackman
  Johanna Jackman LinkedIn Profile  Johanna Jackman Twitter Account  Johanna Jackman News  Johanna Jackman on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/23/2011: MakerBot venture capital transaction
Next: 8/23/2011: PayVeris venture capital transaction

 

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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