Qumulo Raises $93M in Series D Funding

Qumulo, Inc., a Seattle, WA-based provider of a file storage solution for the cloud era, closed a $93m Series D funding.

The round was led by funds managed by BlackRock Private Equity Partners, with participation from Goldman Sachs and Western Digital and major existing investors Highland Capital Partners, Kleiner Perkins Caufield & Byers (KPCB), the Madrona Venture Group, and Valhalla Partners.

The company intends to use the fnunds for the continued expansion of its solution.

Led by Bill Richter, CEO, Qumulo is a storage company with technology to enable customers to store, manage and access their file data at scale, on-premises and in the public cloud, anywhere in the world. Qumulo® File Fabric (QF2™) is a scalable file storage system that runs in the data center and the public cloud, and can scale to billions of files. Its analytics let administrators drill down to the file level, get answers and solve problems in real-time.
Customers include three of the five largest companies in the world, nine of the 10 top Hollywood studios and many Fortune 500 companies.

Today’s news follows the recent appointment of Peter Zaballos as Chief Marketing Officer.

FinSMEs

06/06/2018

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