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Qumulo Stores $30 Million Equity Venture Funding

Thursday, June 2, 2016 5:19:00 AM PDT | VentureDeal



Seattle, Washington  --  Data storage technology company Qumulo has received $30.5 million in new equity venture capital investment, according to an SEC regulatory filing.

Qumulo says that "storage should be simple, scalable and efficient."

The company develops data storage systems for the enterprise market.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

A total of 23 investors participated in the offering.

Qumulo is still seeking $1.9 million in additional financing, according to the filing.

The company was founded in March 2012 by CEO Peter Godman.

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