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Pure Storage, Inc.
Business Summary
Pure Storage, Inc. is a privately-held company that provides enterprise storage solutions. Pure Storage aims to leverage flash to change the performance and cost dynamics of enterprise storage. Pure Storage, Inc. was founded in 2009 by John Colgrove and John Hayes. Pure Storage, Inc. headquarters are located in Mountain View, California.
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 2009 |
| Fiscal Year End: | 12/31 |
| 1YR Employee Growth Rate: | View % |
| City: | Mountain View |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Website: | www.purestorage.com |
Corporate Organization
| Founders: | John Colgrove John Hayes |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Technology > Communications, Networking & Storage Technology > Mass Storage Systems |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | Pure Storage, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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Pure Storage, Inc. Total Employees: |
VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Nov. 2009 | View | Funding | ||
| Details | Total Round Funding View | |||
| Nov. 2009 | View | A | Venture Capital | |
| Nov. 2009 | View | A | Angel / Individual | |
| Details | Total Round A View | |||
| Aug. 2010 | View | B | Venture Capital | |
| Aug. 2010 | View | B | Angel / Individual | |
| Details | Total Round B View | |||
| Jun. 2011 | View | C-1 | Venture Capital | |
| Jun. 2011 | View | C-1 | Venture Capital | |
| Jun. 2011 | View | C-1 | Venture Capital | |
| Details | Total Round C-1 View | |||
| Jul. 2011 | View | C-2 | Venture Capital | |
| Jul. 2011 | View | C-2 | Venture Capital | |
| Jul. 2011 | View | C-2 | Venture Capital | |
| Jul. 2011 | View | C-2 | Venture Capital | |
| Details | Total Round C-2 View | |||
| Jan. 2012 | View | Funding | ||
| Details | Total Round Funding View | |||
| Oct. 2012 | View | D | Venture Capital | |
| Oct. 2012 | View | D | Venture Capital | |
| Oct. 2012 | View | D | Venture Capital | |
| Oct. 2012 | View | D | Venture Capital | |
| Details | Total Round D View | |||
| Total of Funding Shown Above View | ||||
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Detailed Business Description: Pure Storage, Inc.
Business Overview
Pure Storage, Inc. is a privately-held company that operates as an enterprise data storage provider. Pure Storage uses flash storage as opposed to traditional technology to ensure data transference speeds. Pure Storage was founded by John Hayes and John Colgrove in 2009 and it is headquartered in Mountain View, California.
Revenue Model
Pure Storage utilizes proprietary data compression software called "Flash Array" to increase the amount of data that can be stored on Pure Storage's servers. The company markets this as its advantage toward other data storage providers as they are able to store more data at a similar or lower price than their competitors.
Cost Structure
Pure Storage's costs derive from research and development costs to refine their data compression technologies. Further advances in data compression will also drive down the company's costs in the amount of solid state drives required. Additionally, the company must maintain operation of their… Continue Reading →
Supplemental Resources
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