Pure Storage was founded in 2009 under the code name Os76 Inc.
[2] by
John Colgrove and John Hayes.
[3] Initially, the company was setup within the offices of
Sutter Hill Ventures, a venture capital firm,
[2] and funded with $5 million in early investments.
[4] Pure Storage raised another $20 million in venture capital in a series B funding round.
[4]
The company came out of stealth mode as Pure Storage in August 2011.[5] Simultaneously, Pure Storage announced it had raised $30 million in a third round of venture capital funding.
[6] Another $40 million was raised in August 2012, in order to fund Pure Storage's expansion into European markets.
[7] In May 2013, the venture capital arm of the American Central Intelligence Agency (CIA), In-Q-Tel, made an investment in Pure Storage for an un-disclosed amount.[8] That August, Pure Storage raised another $150 million in funding.
[9] By this time, the company had raised a total of $245 million in venture capital investments.
[9] The following year, in 2014, Pure Storage raised $225 million in a series F funding round, valuating the company at $3 billion.
[10]