Pure Storage Goes Large With $150M Pre-IPO Round

The enterprise storage solutions provider Pure Storage announced today that it has raised $150 million in a Series E round that the company expects will carry it through to an IPO. The large funding round was led by T. Rowe Price and Tiger Global Management. The company, founded in 2009, has now raised $245 million in funding with previous investors including Greylock Partners, Index Ventures, Redpoint Ventures, Samsung Ventures and Sutter Hill Ventures.

Cloud Storage Startup Bitcasa Secures $7M

Bitcasa, a Mountain View, Calif.-based cloud storage company, has raised $7 million in its Series A funding round, bringing its total funding to $9 million. Pelion Venture Partners, an existing investor, and Horizons Ventures, a new investor, co-led the round, with Andreessen Horowitz, First Round Capital, CrunchFund and Samsung Ventures also participating.

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