<s>
Pure	B-General_Concept
Storage	I-General_Concept
,	O
Inc	O
.	O
is	O
an	O
American	O
publicly	O
traded	O
technology	O
company	O
headquartered	O
in	O
Mountain	O
View	O
,	O
California	O
,	O
United	O
States	O
.	O
</s>
<s>
It	O
develops	O
all-flash	B-Device
data	B-General_Concept
storage	I-General_Concept
hardware	O
and	O
software	O
products	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
was	O
founded	O
in	O
2009	O
and	O
developed	O
its	O
products	O
in	O
stealth	O
mode	O
until	O
2011	O
.	O
</s>
<s>
Initially	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
developed	O
the	O
software	O
for	O
storage	B-Device
controllers	I-Device
and	O
used	O
generic	O
flash	B-Device
storage	I-Device
hardware	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
finished	O
developing	O
its	O
own	O
proprietary	O
flash	B-Device
storage	I-Device
hardware	O
in	O
2015	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
was	O
founded	O
in	O
2009	O
under	O
the	O
code	O
name	O
Os76	O
Inc	O
.	O
by	O
John	O
Colgrove	O
and	O
John	O
Hayes	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
raised	O
another	O
$20	O
million	O
in	O
venture	O
capital	O
in	O
a	O
series	O
B	O
funding	O
round	O
.	O
</s>
<s>
The	O
company	O
came	O
out	O
of	O
stealth	O
mode	O
as	O
Pure	B-General_Concept
Storage	I-General_Concept
in	O
August	O
2011	O
.	O
</s>
<s>
Simultaneously	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
announced	O
it	O
had	O
raised	O
$30	O
million	O
in	O
a	O
third	O
round	O
of	O
venture	O
capital	O
funding	O
.	O
</s>
<s>
Another	O
$40	O
million	O
was	O
raised	O
in	O
August	O
2012	O
,	O
in	O
order	O
to	O
fund	O
Pure	B-General_Concept
Storage	I-General_Concept
's	O
expansion	O
into	O
European	O
markets	O
.	O
</s>
<s>
In	O
May	O
2013	O
,	O
the	O
venture	O
capital	O
arm	O
of	O
the	O
American	O
Central	O
Intelligence	O
Agency	O
(	O
CIA	O
)	O
,	O
In-Q-Tel	O
,	O
made	O
an	O
investment	O
in	O
Pure	B-General_Concept
Storage	I-General_Concept
for	O
an	O
un-disclosed	O
amount	O
.	O
</s>
<s>
That	O
August	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
raised	O
another	O
$150	O
million	O
in	O
funding	O
.	O
</s>
<s>
The	O
following	O
year	O
,	O
in	O
2014	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
raised	O
$225	O
million	O
in	O
a	O
series	O
F	O
funding	O
round	O
,	O
valuating	O
the	O
company	O
at	O
$3	O
billion	O
.	O
</s>
<s>
Annual	O
revenues	O
for	O
Pure	B-General_Concept
Storage	I-General_Concept
grew	O
by	O
almost	O
50%	O
per	O
quarter	O
,	O
from	O
2012	O
to	O
2014	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
sold	O
100	O
devices	O
its	O
first	O
year	O
of	O
commercial	O
production	O
in	O
2012	O
and	O
1,000	O
devices	O
in	O
2014	O
.	O
</s>
<s>
By	O
late	O
2014	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
had	O
750	O
employees	O
.	O
</s>
<s>
In	O
2013	O
,	O
EMC	O
sued	O
Pure	B-General_Concept
Storage	I-General_Concept
and	O
44	O
of	O
its	O
employees	O
who	O
were	O
former	O
EMC	O
employees	O
,	O
alleging	O
theft	O
of	O
EMC	O
's	O
intellectual	O
property	O
.	O
</s>
<s>
EMC	O
also	O
claimed	O
that	O
Pure	B-General_Concept
Storage	I-General_Concept
infringed	O
some	O
of	O
their	O
patents	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
counter-sued	O
,	O
alleging	O
that	O
EMC	O
illegally	O
obtained	O
a	O
Pure	B-General_Concept
Storage	I-General_Concept
appliance	O
for	O
reverse	O
engineering	O
purposes	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
and	O
EMC	O
subsequently	O
settled	O
the	O
case	O
for	O
$30	O
million	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
filed	O
a	O
notification	O
of	O
its	O
intent	O
to	O
go	O
public	O
with	O
the	O
Securities	O
Exchange	O
Commission	O
in	O
August	O
2015	O
.	O
</s>
<s>
In	O
2017	O
(	O
2018	O
fiscal	O
year	O
)	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
was	O
profitable	O
for	O
the	O
first	O
time	O
and	O
surpassed	O
$1	O
billion	O
in	O
annual	O
revenue	O
.	O
</s>
<s>
In	O
August	O
2018	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
made	O
its	O
first	O
acquisition	O
with	O
the	O
purchase	O
of	O
a	O
data	B-General_Concept
deduplication	I-General_Concept
software	O
company	O
called	O
StorReduce	O
,	O
for	O
$25	O
million	O
.	O
</s>
<s>
In	O
September	O
2020	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
acquired	O
Portworx	O
,	O
a	O
provider	O
of	O
cloud-native	O
storage	O
and	O
data-management	O
platform	O
based	O
on	O
Kubernetes	B-General_Concept
,	O
for	O
$370	O
million	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
develops	O
flash-based	O
storage	O
for	O
data	O
centers	O
using	O
consumer-grade	O
solid	B-Device
state	I-Device
drives	I-Device
.	O
</s>
<s>
Flash	B-Device
storage	I-Device
is	O
faster	O
than	O
traditional	O
disk	O
storage	O
,	O
but	O
more	O
expensive	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
develops	O
proprietary	O
de-duplication	O
and	O
compression	O
software	O
to	O
improve	O
the	O
amount	O
of	O
data	O
that	O
can	O
be	O
stored	O
on	O
each	O
drive	O
.	O
</s>
<s>
It	O
also	O
develops	O
its	O
own	O
flash	B-Device
storage	I-Device
hardware	O
.	O
</s>
<s>
Pure	B-General_Concept
Storage	I-General_Concept
develops	O
and	O
markets	O
the	O
FlashArray	O
family	O
of	O
flash	B-Device
storage	I-Device
QLC	O
and	O
NVMe	B-Application
arrays	O
,	O
the	O
FlashBlade	O
family	O
for	O
unstructured	O
data	O
,	O
and	O
the	O
Portworx	O
family	O
for	O
Kubernetes	B-General_Concept
,	O
as	O
well	O
as	O
the	O
Evergreen	O
family	O
of	O
Storage-as-a-Service	O
subscriptions	O
.	O
</s>
<s>
The	O
first	O
commercial	O
Pure	B-General_Concept
Storage	I-General_Concept
product	O
was	O
the	O
FlashArray	O
300	O
series	O
.	O
</s>
<s>
It	O
was	O
one	O
of	O
the	O
first	O
all-flash	B-Device
storage	O
arrays	O
for	O
large	O
data	O
centers	O
.	O
</s>
<s>
It	O
used	O
generic	O
consumer-grade	O
,	O
multi-level	B-Device
cell	I-Device
(	O
MLC	O
)	O
solid-state	B-Device
drives	I-Device
from	O
Samsung	B-Application
,	O
but	O
Pure	B-General_Concept
Storage	I-General_Concept
's	O
proprietary	O
controllers	O
and	O
software	O
.	O
</s>
<s>
It	O
added	O
encryption	O
,	O
redundancies	O
,	O
and	O
the	O
ability	O
to	O
replace	O
components	O
like	O
flash	O
drives	O
or	O
RAM	B-General_Concept
modules	I-General_Concept
.	O
</s>
<s>
In	O
2014	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
added	O
two	O
third-generation	O
products	O
to	O
the	O
400	O
series	O
.	O
</s>
<s>
It	O
also	O
announced	O
FlashStack	O
,	O
a	O
converged	O
infrastructure	O
partnership	O
with	O
Cisco	O
,	O
in	O
order	O
to	O
integrate	O
Pure	B-General_Concept
Storage	I-General_Concept
's	O
flash	B-Device
storage	I-Device
devices	O
with	O
Cisco	O
's	O
blade	B-Architecture
servers	I-Architecture
.	O
</s>
<s>
In	O
2015	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
introduced	O
a	O
flash	B-Device
memory	I-Device
appliance	O
built	O
on	O
Pure	B-General_Concept
Storage	I-General_Concept
's	O
own	O
proprietary	O
hardware	O
.	O
</s>
<s>
In	O
2017	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
added	O
artificial	B-Application
intelligence	I-Application
software	O
that	O
configures	O
the	O
storage-array	O
.	O
</s>
<s>
The	O
intended	O
uses	O
of	O
Pure	B-General_Concept
Storage	I-General_Concept
expanded	O
as	O
the	O
product	O
developed	O
over	O
time	O
.	O
</s>
<s>
By	O
2017	O
,	O
30	O
percent	O
of	O
Pure	B-General_Concept
Storage	I-General_Concept
's	O
revenue	O
came	O
from	O
software	O
as	O
a	O
service	O
providers	O
and	O
other	O
cloud	O
customers	O
.	O
</s>
<s>
In	O
2018	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
and	O
Nvidia	O
jointly	O
developed	O
and	O
marketed	O
AIRI	O
,	O
an	O
appliance	O
specifically	O
for	O
running	O
artificial	B-Application
intelligence	I-Application
workloads	O
.	O
</s>
<s>
In	O
December	O
2021	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
introduced	O
FlashArray//XL	O
,	O
a	O
high-capacity	O
5U	O
version	O
of	O
FlashArray	O
.	O
</s>
<s>
In	O
June	O
2022	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
announced	O
a	O
revamp	O
of	O
the	O
FlashBlade	O
platform	O
with	O
the	O
release	O
of	O
FlashBlade//S	O
.	O
</s>
<s>
The	O
new	O
design	O
enables	O
reuse	O
of	O
DFMs	O
between	O
FlashBlade//S	O
and	O
FlashArray	O
,	O
addressing	O
some	O
of	O
the	O
issues	O
of	O
product	O
sustainability	O
and	O
enabling	O
Pure	B-General_Concept
Storage	I-General_Concept
to	O
offer	O
reconfiguration	O
capabilities	O
across	O
platforms	O
.	O
</s>
<s>
On	O
1st	O
March	O
2023	O
,	O
Pure	B-General_Concept
Storage	I-General_Concept
announced	O
FlashBlade//E	O
.	O
</s>
