Pure Storage receives $225 million in Series F venture funding

Pure Storage, a company that has pioneered a way to deliver solid state disk performance for a mechanical disk price, announced today it has received $225 million in Series F venture funding at a valuation of $3 billion. Those are impressive numbers, but it doesn’t stop there. According to company president David Hatfield, Pure Storage achieved 700 percent year-over-year growth and 50+ percent sequential quarterly growth on a consistent basis. It’s no wonder venture capitalists are paying attention.