Pure Storage obtains more than 100 patents from IBM
Flash-based storage service Pure Storage just got its hands on a big bundle of patents from IBM, which should gird it for its ongoing IP fights.
Flash-based storage service Pure Storage just got its hands on a big bundle of patents from IBM, which should gird it for its ongoing IP fights.
The flash storage maker’s latest raise will fund its enterprise storage push and probably accelerate its IPO plans.
Update: EMC alleges that a former salesman took proprietary customer info with him to flash storage rival Pure Storage.
Uber, Palantir, and Pure Storage scored the most money in the third quarter. Software was hot; life sciences, not so much.
Virident, a maker of server-side flash storage, like Stec before it, will become part of Western Digital’s HGST subsidiary.
EMC sees the appeal of flash storage but maintains that hybrid arrays still suit most customer requirements.
Yowza. New Series E round brings total funding for IPO-bound Pure Storage to a whopping $245 million.
Startup has also updated its core FlashArray product with always-on, data-at-rest encryption for the security-conscious accounts it hopes to entice.
Flash storage startup Nimble Storage has raised another $40 million in preparation for an IPO within the next two years. The company, which builds appliances fusing both flash and hard disk drives, is part of a hot flash market that’s raking in venture capital.