Pure Storage

  • Pure Storage announces next generation Flash arrays

    Pure Storage announces next generation Flash arrays

    Pure Storage, which went public in 2015, has been focused on mainstreaming Flash since its earliest days. Perhaps it shouldn’t come as a surprise that it’s attempting to do the same thing with latest generation of Flash technology called NVMe. NVMe is a modern communications protocol designed specifically for Flash storage systems. Pure is releasing several new products today built… Read More

  • 2015 IPO Scorecard: How Box, Square, Fitbit And Others Stacked Up

    2015 was not a good year for IPOs. In fact, it was the worst year for tech IPOs since the financial crisis in 2009, with more and more startups opting to remain private longer. Stock market swings stemming from an oil crisis and a delayed interest rate decision meant that some companies in the pipeline decided to postpone their IPO until 2016.  “Investors in the market were looking… Read More

  • Reimagining An Industry- How Pure Storage Took A Different Approach to Storage-SD
    Crunch Network

    How Pure Storage Took A Different Approach To Storage

    Founded in 2009, Pure Storage entered an industry where incumbents, including EMC and HP, dominated for more than thirty years. Co-founders John “Coz” Colgrove and John Hayes knew that they would have to take a different approach to building and running a storage company if they were going to effectively compete with the massive incumbent players. Read More

  • The Pure Storage IPO In Context Crunch Network

    The Pure Storage IPO In Context

    Pure Storage has been one of the hottest Silicon Valley enterprise startups for the past several years, sporting a world-class team and having raised capital from some of the top enterprise investors on the planet. The company seems to be doing great, so why wasn’t there a big pop from the last private round and from the IPO? Does it matter? What lessons can we draw from this? Read More

  • Pure Storage Falls In Public Debut, CEO Optimistic

    Pure Storage, the enterprise storage company, went public on the New York Stock Exchange Wednesday. After pricing at $17, shares traded down in its debut, closing the day at $16.01. CEO Scott Dietzen spoke to TechCrunch about why the company did an IPO during what has been a lackluster year for tech stocks. Read More

  • Pure Storage Prices IPO At $17

    Pure Storage Prices IPO At $17

    Enterprise storage company Pure Storage has raised $425 million after pricing its IPO on the NYSE at $17 per share, as originally reported by the Wall Street Journal. The company is trading under the ticker, “PSTG.” The Mountain View-based company competes with Dell, EMC, HP and others to provide flash storage products for businesses. Pure Storage warned in its filing that some… Read More

  • Pure Storage CEO: “Acquisitions Always Suck… Worse Than You Think”

    Pure Storage CEO: “Acquisitions Always Suck… Worse Than You Think”

    This afternoon at Disrupt SF, Pure Storage’s Scott Dietzen and Mike Speiser, his investor from Sutter Hill Ventures, discussed building enterprise-facing technology with TechCrunch’s own Ron Miller. Pure Storage, a provider of flash-based storage products, has raised $475 million over the course of its life. Is it heading for an exit? According to Dietzen, perhaps not so soon. Read More

  • Pure Storage CEO Says $225M Round Gives It Flexibility And R&D Runway

    Pure Storage CEO Says $225M Round Gives It Flexibility And R&D Runway

    Pure Storage, a company that has pioneered a way to deliver solid state disk performance for a mechanical disk price, announced today it has received $225 million in Series F venture funding at a valuation of $3 billion. Those are impressive numbers, but it doesn’t stop there. According to company president David Hatfield, Pure Storage achieved 700 percent year-over-year growth and… Read More

  • Violin Memory Struggles In IPO And Now Faces A Fierce Storage and Enterprise Market

    Violin Memory Struggles In IPO And Now Faces A Fierce Storage and Enterprise Market

    On Friday, Violin Memory’s IPO did not exactly go that well. The company priced its IPO at $9 per share but opened at $7.41, 17.7 percent lower than the offering price. It closed trading at $7.02 per share, down 22 percent. Read More