Pure Storage Valuation Tops $3 Billion, Tripling Since August
This article is for subscribers only.
In the red hot technology startup market, even storage is sexy.
Eight months after raising money at a valuation of more than $1 billion, Pure Storage Inc.’s price has tripled as businesses migrate to its specialty of flash storage and away from traditional magnetic disk drives. Pure said today that it raised $225 million at a valuation of more than $3 billion.