Pure Storage, a US-based all-flash enterprise storage array company backed by South Korea-based conglomerate Samsung, has raised $150m at a valuation of more than $1bn.
Advised by merchant bank Allen & Co, Pure said: “Joining the Puritan family [those working at Pure] with this round are leading public market investors T Rowe Price, Fidelity, and Tiger Global.
“These are just the sort of investors that Pure would hope to attract to an IPO some undetermined time down the road. We’re equally gratified…