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Pure Storage was founded in 2009 under the code name Os76 Inc. [2] by John Colgrove and John Hayes. [3] Initially, the company was setup within the offices of Sutter Hill Ventures, a venture capital firm, [2] and funded with $5 million in early investments. [4]
In August 2017, it was announced that he would replace Scott Dietzen as CEO of Pure Storage. [10] He serves on the boards of companies such as Accenture, [11] Arista Networks, Tintri, [12] ServiceNow, and Vectra Networks Inc. [13]
Pure Storage, Inc. (NYSE:PSTG) shares are trading lower on Wednesday. Oppenheimer analyst Param Singh initiated coverage on the company with an Outperform rating and a price target of $70 .
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On one hand SVMs are similar to Virtual Machines like KVM, they provide visualization abstraction from physical storage but on another hand quite different because unlike ordinary virtual machines SVMs does not allow to run third party binary code like in Pure storage systems; they just provide virtualized environment and storage resources instead.
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