Companies
/
Qumulo
Enterprise Software
Qumulo is a Seattle-based data storage company providing scalable file storage software for managing very large volumes of unstructured data, deployable on-premises, in the cloud, or as a hybrid.
$417M
-$4.49
46.55%
30 days ago
$9.65
Create an account to view live offerings, pricing, and market activity.
Sign in to view offerings and live market activity.
Sign up with Augment to see the latest market activity.
Qumulo was founded in 2012 by Peter Godman, Aaron Passey, and Neal Fachan, veterans of Isilon Systems, an earlier scalable storage company, drawing on that experience to build a next-generation file storage platform addressing the growing enterprise need to store and manage very large volumes of unstructured data, meaning data that doesn't fit neatly into traditional structured database formats, such as video files, scientific research data, media production files, and various other large binary file types that have grown enormously in volume across many industries as data generation and storage needs have expanded significantly. Qumulo's platform provides scalable file storage designed to handle very large data volumes, often reaching many petabytes, while maintaining real-time visibility and management capability over that stored data, addressing a common challenge with some traditional large-scale storage systems where simply understanding what data is stored, how it's being used, and managing capacity and performance across a very large storage deployment can become increasingly difficult as data volumes scale into the petabyte range. The company has emphasized flexible deployment options, letting customers run Qumulo's software on their own on-premises hardware, in major public cloud providers' infrastructure, or in hybrid configurations spanning both on-premises and cloud environments, a flexibility that has appealed to organizations wanting to avoid being locked into a single storage hardware vendor or infrastructure environment as their storage needs evolve over time. Qumulo's customers span industries with particularly demanding unstructured data storage needs, including media and entertainment companies managing large video production files, life sciences and research organizations managing large scientific datasets, and various other industries generating substantial volumes of large unstructured files that need reliable, scalable, and well-managed storage infrastructure. The company has raised substantial venture funding from investors including Highland Capital Partners, Madrona Venture Group, and BlackRock, reaching a valuation exceeding $1.2 billion, competing with traditional enterprise storage vendors including Dell EMC and NetApp, as well as other newer scalable storage software companies.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
No news available for this company.
