Investment Summary

Pure Storage Invests In Cerabyte

On July 30, 2024, Pure Storage invested in technology hardware company Cerabyte

Investment Highlights
  • This is Pure Storage’s 1st transaction in the Technology Hardware sector.
  • This is Pure Storage’s 1st transaction in Germany.

Investment Summary
Date 2024-07-30
Target Cerabyte
Sector Technology Hardware
Investor(s) Pure Storage
Deal Type Stake Purchase

Target

Cerabyte

Munich, Germany
Cerabyte is a provider of ceramic storage system. Cerabyte is based in Munich, Germany.

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Investor(S) 1

Investor

Pure Storage

Mountain View, California, United States
Category Company
Founded 2009
Sector Software
Employees3,800
Revenue 2.8B USD (2023)
DESCRIPTION

Pure Storage helps innovators build a better world with data. Pure's data solutions enable SaaS companies, cloud service providers, and enterprise and public sector customers to deliver real-time, secure data to power their mission-critical production, DevOps, and modern analytics environments in a multi-cloud environment. One of the fastest growing enterprise IT companies in history, Pure Storage enables customers to quickly adopt next-generation technologies, including artificial intelligence and machine learning, to help maximize the value of their data for competitive advantage. And with a Satmetrix-certified NPS customer satisfaction score in the top one percent of B2B companies, Pure's ever-expanding list of customers are among the happiest in the world. Pure Storage was founded in 2009 and is based in Mountain View, California.

DEAL STATS #
Overall 5 of 6
Sector (Technology Hardware) 1 of 1
Type (Stake Purchase) 1 of 2
Country (Germany) 1 of 1
Year (2024) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-05 LandingAI

Palo Alto, California, United States

LandingAI is a visual AI company that realizes AI's value and moves AI projects from proof-of-concept to production. The company's flagship product, LandingLens, is a computer vision cloud platform that enables users to build, iterate, and deploy computer vision solutions quickly and easily. With data quality being key to the success of production AI systems, LandingLens allows users to achieve optimal data accuracy and consistency. LandingAI is based in Palo Alto, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-13 CoreWeave

Roseland, New Jersey, United States

CoreWeave is a specialized cloud provider built for large-scale GPU-accelerated workloads. CoreWeave is based in Roseland, New Jersey.

Buy -
Mergr

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