Hybrid Storage Provider Nimble Storage Readies IPO

By | December 12, 2013

Scalper1 News

Nimble Storage, a fast-growing provider of data storage systems and software, is set to launch its initial public offering on Friday. Nimble makes hybrid storage systems that combine disk drives with flash chips for enterprises and cloud-based services, which need ever-more storage. For the nine months ended Oct. 31, Nimble reported revenue of $84 million, up 150% from the year-earlier period, and a net loss of $30 million. The San Jose, Scalper1 News

Scalper1 News