Investment Summary

Pure Storage Invests In CoreWeave

On November 13, 2024, Pure Storage invested in internet software and services company CoreWeave

Investment Highlights
  • This is Pure Storage’s 1st transaction in the Internet Software and Services sector.
  • This is Pure Storage’s 4th transaction in the United States.
  • This is Pure Storage’s 1st transaction in New Jersey.

Investment Summary

Date 2024-11-13
Target CoreWeave
Sector Internet Software and Services
Investor(s) Pure Storage
Deal Type Stake Purchase

Target

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.

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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 6 of 6
Sector (Internet Software and Services) 1 of 1
Type (Stake Purchase) 2 of 2
State (New Jersey) 1 of 1
Country (United States) 4 of 4
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-30 Cerabyte

Munich, Germany

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

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