Qumulo Raises $24.5M in Series A Funding

Funding Rounds

▤ Summary

Qumulo, a Seattle, WA-based enterprise data storage company, has raised $24.5m in Series A funding.The round was led by Highland Capital Partners, with participation from Madrona Venture Group and Valhalla Partners, which provided seed funding in March 2012.The company intends to use the capital for product development and to grow its Seattle-based engineering and leadership teams.Founded in 2012 by CEO Peter Godman, Aaron Passey, and Neal Fachan, and also led by CTO Aaron Passey and Vice President of Product Management Jeff Cobb, Qumulo is poised to address pain points such as data growth, application requirements, and technology shifts.In conjunction with the funding, Peter Bell, general partner at Highland Capital Partners, has joined the company’s board of directors.

$ Funding

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Amount $24.7M Total raised
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Date November 12, 2012 Announcement date
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Investors - Lead investors
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Company - Funded company

▥ Classifications

industries
Entertainment
applications
Data Management

◇ AskAI Classifications

Labels
Cloud Storage Software File System Software Enterprise Data Management

▦ Linked Companies

Qumulo
$1M to $5M