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.
Qumulo is hiring (http://www.qumulo.com/#/qumulo_jobs).
FinSMEs
20/11/2012