The data storage company has attracted investment from the electronics multinational which helped take Pure Storage's total capital raised since inception to $55m.
Samsung Venture Investment Corporation, the corporate venturing unit of the South Korea-based technology conglomerate, has contributed to US-based data storage company Pure Storage’s series C round, which has closed at $30m.
Samsung, the world’s second largest semiconductor manufacturer after Intel, provided its backing in the context of a broader strategic partnership.
The round, described by Pure Storage as oversubscribed, also featured investment from venture capital firms Redpoint Ventures, Greylock Partners, Sutter Hill Ventures and various angel investors.
The…
