Qumulo confirmed on Thursday that it has raised a $32.5 million round as the Seattle startup looks to add more customers and invest in its technology.
GeekWire first reported about the Series C round on Wednesday. Investors in this round, which brings total funding to date at $100 million for the 4-year-old company, include Allen & Company, Top Tier Capital Partners, and Tyche Partners, along with previous investors like Kleiner Perkins Caufield & Byers, Madrona Venture Group, Highland Capital Partners, and Valhalla Partners.
This is one of the largest venture financing deals in a Washington state technology company this year. Other companies with notable raises include Kymeta ($62 million), Remitly ($38.5 million), Maana ($26 million), WISErg ($16 million), and Convoy ($16 million).
Founded in 2012, Qumulo had previously raised $67 million, most recently reeling in a $40 million Series B round in March 2015 when the company officially came out of stealth mode.
In a statement, Qumulo CEO Peter Godman — who founded the company with his former colleagues at Isilon Systems — noted an “overwhelmingly positive market reception” over the past year with “tremendous customer demand.”
Qumulo not only gives customers a way to store data, but actually helps them understand where the consumption of resources is coming from and learn why, in fact, so much data exists in the first place.
Today the firm offers Core 2.0, software it says helps storage administrators use high-capacity drives (6-10 TB) under multiple operating systems and understand what’s consuming storage and when and why they will run out of storage.
