Storage Newcomer Qumulo Raises $40M in VC Funding
Qumulo's mission is to be the company the world trusts to store, manage, and curate its data forever, CEO says.Qumulo, a stealth-mode enterprise data storage startup, revealed Feb. 4 that it has closed a $40 million Series B funding round. The action brings 3-year-old Qumulo's total funding support to $67 million. The round was led by Kleiner Perkins Caufield & Byers (KPCB) with participation from existing investors Highland Capital, Madrona Venture Group and Valhalla Partners. Scalability has long been a sticking-point problem with enterprise storage. Qumulo's secret sauce focuses on solving those bottlenecks with software, especially in view of the current explosion of content due to the proliferation of mobile devices. High data volume has produced a whole new set of problems around keeping track of everything, and Qumulo is using the brainpower of storage veterans from Isilon, AWS, Google and Microsoft to solve these issues.
Qumulo is using commodity storageware for its first-generation data center appliance. The company plans to move to an all-software solution in the near future.