Pure Storage, a Mountain View, CA-based all-flash enterprise storage array company, closed a $150m Series E funding and pre initial public offering (IPO) round.
The investment was led by T. Rowe Price, Tiger Global Management and other public market investors, with participation from previous investors Greylock Partners, Index Ventures, Redpoint Ventures, Samsung Ventures and Sutter Hill Ventures.
The company intends to use the funding, which brings its total capital raise to $245m, to accelerate continued expansion of its European and Asia-based operations, grow its sales, support and marketing teams worldwide, and increase its investments in research and development.
Led by Scott Dietzen, CEO, Pure Storage provides all-flash enterprise arrays for server virtualization, desktop virtualization (VDI), database (OLTP, real-time analytics) and cloud computing. The company is hiring.
In addition to funding, former Data Domain CEO Frank Slootman – one of its earliest supporters and angel investors – joined Pure Storage’s board of directors.