Pure Storage's flash storage hardware.

Pure Storage may be entering IPO territory

Pure Storage could be a $100 million run rate company at this point, but that doesn’t mean competitors aren’t waiting to challenge the company’s attempts to get big customers for its all-flash hardware.

Flash storage startup Virident Systems pulls in $26M, brings on a new CEO

Venture capitalists are clambering to fund flash storage startups, the new wave of technologies that are disrupting the traditional data center. The latest announcement comes from Virident Systems, a Milpitas, California-based company which had no trouble raising $26 million dollars in fourth round funding led by Mitsui Global Investors.