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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]
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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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