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August 15, 2012 04:18 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zymhy5-0oGw/
Pure Storage Raises Another $40M To Bring Europe Its Flash Storage Products, Indexs Mike Volpi Leads Round
Another big round of funding for an enterprise startup that only exited stealth mode a year ago. Pure Storage, a flash enterprise storage company, today announced that it has picked up another $40 million in funding led by Index Ventures' Mike Volpi, with participation from existing investorsGreylock Partners, Redpoint Ventures and Sutter Hill Ventures. Helen Greene, co-founder and CEO of VMWare, also invested in this apparently oversubscribed Series D round. The total now raised by Pure Storage since being founded in 2009 is now $95 million.The company says that this latest round will be used to beef up business development, specifically expanding operations to Europe with channel partners, as well as invest in more sales and engineering talent. Volpi, whose past, pre-VC roles included senior roles at Cisco, also becomes a strategic advisor as well as member of the board of directors.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zymhy5-0oGw/
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