Tech Company Inital Public Offerings

Pure Storage IPO

Operating out of Mountain View, Pure Storage went public.

Transaction Overview

Company Name
Announced On
10/7/2015
Transaction Type
IPO
Amount
$425,000,000
Proceeds Purpose
The principal purposes of this offering are to increase our capitalization and financial flexibility, increase our visibility in the marketplace and create a public market for our Class A common stock. As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering. However, we currently intend to use the net proceeds from this offering primarily for general corporate purposes, including expansion of our product development and sales and marketing organizations. We may also use a portion of the net proceeds from this offering for the acquisition of, or investment in, technologies, solutions or businesses that complement our business, although we have no commitments or agreements to enter into any such acquisitions or investments at this time. Accordingly, we will have broad discretion over the uses of the net proceeds from this offering. Pending these uses, we intend to invest the net proceeds from this offeri

Company Information

Company Status
Publicly-held
Industry
Storage
Mailing Address
650 Castro St. 260
Mountain View, CA 94041
USA
Email Address
Overview
Pure Storage (NYSE: PSTG) is leveraging flash to change the performance and cost dynamics of enterprise storage.
Profile
Pure Storage LinkedIn Company Profile
Social Media
Pure Storage Company Twitter Account
Company News
Pure Storage News
Facebook
Pure Storage on Facebook
YouTube
Pure Storage on YouTube

Management Team

Title
Name
Email & Social
Chairman
Scott Dietzen
  Scott Dietzen LinkedIn Profile  Scott Dietzen Twitter Account  Scott Dietzen News  Scott Dietzen on Facebook
Chief Executive Officer
Charlie Giancarlo
  Charlie Giancarlo LinkedIn Profile  Charlie Giancarlo Twitter Account  Charlie Giancarlo News  Charlie Giancarlo on Facebook
Chief Technical Officer
John Colgrove
  John Colgrove LinkedIn Profile  John Colgrove Twitter Account  John Colgrove News  John Colgrove on Facebook
President
David Hatfield
  David Hatfield LinkedIn Profile  David Hatfield Twitter Account  David Hatfield News  David Hatfield on Facebook
VP - General Counsel
Joe FitzGerald
  Joe FitzGerald LinkedIn Profile  Joe FitzGerald Twitter Account  Joe FitzGerald News  Joe FitzGerald on Facebook
VP - Human Resources
Johanna Jackman
  Johanna Jackman LinkedIn Profile  Johanna Jackman Twitter Account  Johanna Jackman News  Johanna Jackman on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/7/2015: OnCorps venture capital transaction
Next: 10/7/2015: Move Guides venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary