of pure storage, the all-flash storage provider network company, has closed a series F financing round of $ 225 million, at a pre-money valuation of over $ 3 billion. The new funding brings the total capital the company raised to $ 470 million to date, and will support increased investment in engineering, sales, marketing and channel partner activation.
Pure Storage FlashArray
Pure Storage FlashArray storage solution is a product used for high performance workloads, including server virtualization, database (OLTP, real-time analysis), and hosting cloud environments. The new investment cycle investors included contributions on previous public procurement, including T. Rowe Price Associates, Inc. and Global Tiger and new investor, Wellington Management Company.
"This funding during a pre-money valuation of $ 3 billion is a very important step for pure storage," said Scott Dietzen, Pure Storage, CEO . "Yes, it enhances the growth of health and standout of our business to date, but more importantly, the disruptive potential of an all-flash array that costs less than the disc in the future. In 2014, nobody should be mechanical drive purchase to run databases or virtual machines. Our additional funding ensures that many more companies will accelerate tenfold performance and energy savings of pure storage. "
channel strategy
During the last year, the company has consistently achieved 50 percent sequential quarterly growth, and continued the aggressive international expansion the opening of new offices on four continents. In 2013, the company increased its global customer base of 650 percent and has reached a point FlashArray ship its 1000th customer worldwide since its inception.
The Pure exploitation go-to-market storage failover commitment as a channel centric organization would have resulted in a threefold increase channel productivity in the last year, through a multi-tiered network of more than 0 partner organizations.
veteran storage industry
recently, Pure Storage named Kevin Delane as vice president of global alliances and business development to direct company in the development of channel key strategic partnerships and technology. As a veteran of the enterprise storage industry Delane brings decades of sales and go-to-market experience to the company. He previously held executive positions at EMC and IO.
The pure FlashArray storage would be ideal for high performance workloads, including server virtualization, desktop virtualization (VDI), database (OLTP, real-time analytics) and cloud environments hosting.
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