# Qumulo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qumulo

- Industry: Software
- Headquarters: Seattle, US
- Website: www.qumulo.com/
- Total disclosed funding: $331M
- Latest round: Series E (Jul 14, 2020)
- Investors on record: 12

## About

Based in Seattle, US, Qumulo, Inc. specializes in modern file and object data storage solutions, empowering enterprises to effectively manage data across diverse environments like edge, data center, and cloud.Qumulo, Inc. was founded in 2012 in Seattle, US. The company focuses on file and object data storage, supporting customers globally. Neal Fachan is the founder, and the current CEO is Bill Richter. The company raised USD 112.33 mn in Series E funding on July 14, 2020, led by BlackRock Private Equity Partners.Qumulo provides a modern file and object data storage platform suitable for various applications in edge, data center, and cloud settings. Its core product, the Qumulo Cloud Data Platform, allows efficient data management for enterprise workloads such as AI, HPC simulations, medical imaging, and video surveillance. The company supports over 1,000 clients across sectors like healthcare, media, financial services, and life sciences, with services available in North America, Europe, and Asia-Pacific.Qumulo's revenue model is based on subscription services, offering self-hosted and fully managed deployment options in cloud environments like Amazon Web Services and Microsoft Azure. Clients enter contracts to access the Qumulo Cloud Data Platform, with a pricing structure designed to meet diverse enterprise needs. Partnerships with cloud service providers enhance its platform's integration and usability, while a commitment to customer support promotes client satisfaction and retention.Following the Series E funding in July 2020, which amounted to USD 112.33 mn, Qumulo plans to utilize this capital for global market expansion, fostering strategic partnerships, and accelerating platform innovation. The company aims to democratize file data management in multi-cloud environments and is exploring new product launches to address the evolving needs of enterprises.

## Funding rounds

- Series E, Jul 14, 2020, $112M — Highland Capital Partners, Kleiner Perkins, BlackRock Private Equity Partners (PEP), Madrona Venture Group, Amity Ventures
- Series D, Jun 5, 2018, $93M — Highland Capital Partners, Kleiner Perkins, BlackRock Private Equity Partners (PEP), Valhalla Partners, Madrona Venture Group, Western Digital Capital, Goldman Sachs Asset Management
- Series C, Mar 24, 2017, $30M — Kleiner Perkins, Madrona Venture Group, NLVC, Top Tier Capital Partners, Tyche Partners
- Series C, May 17, 2016, $31M — Highland Capital Partners, Kleiner Perkins, Valhalla Partners, Allen & Company, Madrona Venture Group, Top Tier Capital Partners, Tyche Partners
- Series B, Dec 5, 2014, $40M — Highland Capital Partners, Kleiner Perkins, Valhalla Partners, Madrona Venture Group
- Series A, Nov 6, 2012, $25M — Highland Capital Partners, Valhalla Partners, Madrona Venture Group
- Seed, Mar 28, 2012, $0.5M — Valhalla Partners

## Investors

- Valhalla Partners (https://capitalatlas.ai/funds/valhalla-partners) — Seed, Series A, Series B, Series C, Series D
- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series A, Series B, Series C, Series D, Series E
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A, Series B, Series C, Series D, Series E
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B, Series C, Series D, Series E
- Allen & Company — Series C
- Top Tier Capital Partners (https://capitalatlas.ai/funds/top-tier-capital-partners) — Series C
- Tyche Partners (https://capitalatlas.ai/funds/tyche-partners) — Series C
- NLVC (https://capitalatlas.ai/funds/nlvc) — Series C
- BlackRock Private Equity Partners (PEP) (https://capitalatlas.ai/funds/blackrock-private-equity-partners-pep) — Series D, Series E
- Western Digital Capital (https://capitalatlas.ai/funds/western-digital-capital) — Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D
- Amity Ventures (https://capitalatlas.ai/funds/amity-ventures) — Series E