Agreement Between Pure Storage and In-Q-Tel

Pure Storage, Inc. has closed a strategic investment and technology development agreement with In-Q-Tel (IQT), the investment firm that identifies innovative technology solutions to support the missions of the U.S. Intelligence Community.

The partnership will allow Pure Storage to further develop its FlashArray technology to meet the unique needs of IQT’s government customers.

"We are pleased to be partnering with Pure Storage to accelerate development of its FlashArray technology," said T.J. Rylander, partner on IQT’s investments team. "This solution has great potential to address critical reliability, performance, efficiency and storage cost requirements for the U.S. Intelligence Community."    

Flash For All Delivering a Better Storage Experience
Flash memory is on pace to replace the spinning HDD in performance storage, but until now, it has been too expensive to achieve mainstream adoption. Founded in 2009, Pure Storage delivers an all-flash storage array for less than the cost of mechanical disk arrays. FlashArray, employs high-performance inline data reduction techniques like deduplication, compression, and thin provisioning, to reduce the data footprint and turn the economics of enterprise storage on its head. It combines the performance, space, and power efficiency advantages of flash with the compatibility and resiliency of traditional performance disk arrays. The product is faster, simpler and more reliable, yet costs less than the disk-centric alternatives.

"We are thrilled that In-Q-Tel has selected us to accelerate development of the next generation of enterprise storage," said Scott Dietzen, CEO at Pure Storage. "Their decision to invest in and collaborate with us is a strong validation of the achievements our team has accomplished to-date and the vision we have articulated going forward. We look forward to continuing to work closely with IQT to deliver solid-state storage solutions that are optimized for the needs of the U.S. federal government."