On June 3, Qumulo announced the finalization of $32.5M in Series C funding for its scale-out, “data aware” NAS solution. The Series C funding raise builds upon the company’s $40M in Series B funding and brings the total funding raised by the Seattle-based startup to $100M. Series C investors included existing investors Kleiner Perkins Caufield & Byers (KPCB), Madrona Venture Group, Highland Capital Partners, and Valhalla Partners as well as new investors Allen & Company, Top Tier Capital Partners and Tyche Partners. The company’s Qumulo Core product integrates real-time analytics directly into its storage platform, thereby giving customers an unprecedented degree of granular analytics into storage trends for massive amounts of data. The latest capital raise validates Qumulo’s leadership in the space marked by the convergence of scale-out storage and real-time, data driven analytics. Moreover, Friday’s capital raise points to the intensity of the need within enterprise storage to harness scale-out storage solutions that facilitate intelligent automation of scale-out storage in the wake of the continuous ingestion of massive volumes of incoming data.
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