Pure Storage Gets $225M

Mountain View-based data storage developer Pure Storage announced this morning that it has raised $225M in a Series F funding round. The funding came from Tiger Global, Wellington Capital Management, Greylock Partners, Index Ventures, Redpoint Ventures, and Sutter Hill Ventures, along with other prior investors. The round reportly gives the company a pre-money valuation of more than $3 billion. Pure Storage develops data storage arrays based on flash memory. The company is led by Scott Dietzen. More information »