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Follow The Money: 10 Recent Tech VC Investments To Watch In September

By Chad Berndtson CRN
10:00 AM ET Fri. Sep. 14, 2012
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Pure Storage

HQ: Mountain View, Calif.
CEO: Scott Dietzen
New Funding: $40 million
Round: D
Backers: Index Ventures partner Mike Volpi, Greylock Partners, Redpoint Ventures, Sutter Hill Ventures

There've been some heady funding rounds for storage startups lately, and Pure Storage, which copped $40 million in an "oversubscribed" Series D round, is one of 'em. Pure Storage has now shipped more than 100 of its FlashArray products to customers. FlashArray is an all-flash storage array that uses data reduplication, compression and MLC flash memory to deliver flash for what Pure says is a price point "below the cost of mechanical disk."

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