$30 Million in Funding for Qumulo, Total at $130 Million

Published by:This is a Press Release edited by StorageNewsletter.com on 2017.04.04
Source URL: http://www.storagenewsletter.com/2017/04/04/30-million-in-funding-for-qumulo-total-at-130-million/

Qumulo, Inc., in scale-out storage, closed $30 million in funding, bringing the total to date over $130 million.

The oversubscribed C Prime funding round was led by new investors Northern Light Venture Capital and other strategic investors, with participation from existing investors Kleiner Perkins Caufield & Byers (KPCB), Madrona Venture Group, Top Tier Capital Partners, and Tyche Partners.

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The company will use the funding to fuel market and global expansion.

This news follows the recent appointments of EMC Isilon veteran Bill Richter as CEO, replacing Peter Godman, Eric Scollard as VP of WW sales, and Jay Wampold as VP marketing, adding to the engineering team built by CTO Peter Godman and chief scientist Neal Fachan.

With an executive team experienced at building and scaling large, category-leading companies, Qumulo is in the race to replace legacy storage.

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About Calsoft

Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com

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