AAA In-Q-Tel hordes with Pure Storage

In-Q-Tel hordes with Pure Storage

In-Q-Tel (IQT), the corporate venturing style unit of the US government’s Central Intelligence Agency (CIA),  has invested an undisclosed amount of funding into US-based all-flash enterprise storage array company Pure Storage.

IQT has also entered into a technology development agreement with the company. The agreement will allow Pure Storage to develop its FlashArray technology.

TJ Rylander, partner on IQT’s investments team, said: “This solution has great potential to address critical reliability, performance, efficiency and data storage cost requirements for the US intelligence community.”

Pure Storage has now raised $95m in funding, $5m in a series A round in 2009, $20m in a B round in 2010 and $30m in a series C round in 2011, with saw involvement from Sutter Hill Ventures, Greylock Partners and Redpoint Ventures.

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