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A flashy IPO: Pure Storage files for a $300 million IPO

August 12, 2015
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Pure Storage, which provides flash memory-based enterprise storage hardware, filed on Wednesday with the SEC to raise up to $300 million in an initial public offering. 

The Mountain View, CA-based company, which was founded in 2009 and booked $196 million in sales for the 12 months ended April 30, 2015, plans to list under the symbol PSTG. Morgan Stanley, Goldman Sachs, Barclays, Allen & Company and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.