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Pure Storage Named a Finalist for the 2012 Red Herring Top 100 Americas AwardAll-Flash Enterprise Storage Company Recognized in Top 100 Most Innovative and Promising Technology Ventures in North America (May 14, 2012)
MOUNTAIN VIEW, CA -- (Marketwire) -- 05/14/12 -- Pure Storage, the all-flash enterprise storage company, today announced it has been selected as a Finalist for Red Herring's Top 100 Americas award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries. This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
"We're pleased and honored to be named a finalist for the 2012 Red Herring Top 100 Award," said Scott Dietzen, Pure Storage CEO. "Pure Storage is breaking the cost barrier to broad flash adoption in the enterprise with the Pure Storage FlashArray. The FlashArray enables enterprises to achieve new levels of storage performance and efficiencies for less than the cost of legacy disk arrays. And this award is a testament to the innovation of the FlashArray and its potential to truly revolutionize the data center."
"This year was very rewarding," said Alex Vieux, publisher and Chairman of Red Herring. "There are so many great companies producing truly innovative and amazing products and technologies. We had a very difficult time narrowing the field and selecting the Finalists from such a group of future stars. Pure Storage shows great promise and therefore deserves to be on the short list. Now we are faced with the difficult task of selecting the Top 100 winners."
Finalists for the 2012 edition of the Red Herring 100 Americas award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the security, Web 2.0, software, hardware, life sciences, cloud, mobile and other sectors completed their submissions to qualify for the award.
The Finalists are asked to present their winning strategies at the Red Herring Americas Forum in Santa Monica, California, May 21-23, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.
About Pure Storage
Pure Storage, the all-flash enterprise storage company, enables the broad deployment of flash in the data center. When compared to traditional disk-centric arrays, Pure Storage all-flash enterprise arrays are 10x faster and 10x more space and power efficient at a price point that is less than performance disk per gigabyte stored. The Pure Storage FlashArray is ideal for high performance workloads, including server virtualization, desktop virtualization (VDI), database (OLTP, real-time analytics) and cloud computing. For more information, visit www.purestorage.com.
The Pure Storage and "P" logos, Purity Operating Environment, Pure Storage FlashArray, and RAID-3D are all trademarks of Pure Storage, Inc. Other trademarks or names referenced in this document are the property of their respective owners.
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