HQ: Mountain View, Calif.
CEO: Scott Dietzen
New Funding: $40 million
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."