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Storage IPO Season — Violin Memory and Pure Storage

Chris Evans of Architecting IT writes:

It has emerged that both  Violin Memory Inc  and  Pure Storage Inc  are on the verge of initial public offerings, based on news articles last week.  Chris Mellor  reports  that Violin have filed for IPO, looking to raise $172m and in  separate news, Pure Storage have raised a massive $150m in preparation for IPO some time soon.  Although both of these startups are in the same part of the storage industry, notably all-flash storage arrays, I think their target markets and potential IPO outcomes couldn’t be different.

It’s the season for funding and this round seems to be aimed at those companies providing flash solutions.  Here’s hoping everything works out well for both.

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Tom Hollingsworth

Tom Hollingsworth is a networking professional, blogger, and speaker on advanced technology topics. He is also an organizer for networking and wireless for Tech Field Day.  His blog can be found at

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