Qumulo is an American

data storage Data storage is the recording (storing) of information (data) in a storage medium. Handwriting, phonographic recording, magnetic tape, and optical discs are all examples of storage media. Biological molecules such as RNA and DNA are conside ...

company based in

Seattle Seattle ( ) is a seaport city on the West Coast of the United States. It is the seat of King County, Washington. With a 2020 population of 737,015, it is the largest city in both the state of Washington and the Pacific Northwest region of ...

Washington Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered o ...

. Founded in 2012, it offers products and services to help other companies manage and

curate A curate () is a person who is invested with the ''care'' or ''cure'' (''cura'') ''of souls'' of a parish. In this sense, "curate" means a parish priest; but in English-speaking countries the term ''curate'' is commonly used to describe clergy w ...

large amounts of data.

History

Qumulo was founded in March 2012 by Neal Fachan, Peter Godman, and Aaron Passey. They all previously worked at Isilon, a storage platform that was acquired by EMC. Several of Qumulo's key employees are also former Isilon employees. The company received $2.3-million seed funding from investment company Valhalla Partners. In November 2012, it secured an additional $24.5 million from a

Series A round A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchan ...

led by

Highland Capital Partners Highland Capital Partners is a global venture capital firm with offices in Boston, Silicon Valley, and San Francisco. Highland has raised over $4 billion in committed capital and invested in more than 280 companies, with 47 IPOs and 134 Acqui ...

. By the end of its first year, the company had raised a total of $26.8 million while releasing few details about its possible product offering. After an 18-month development period in 2013–2014, Qumulo began selling its products in August 2014. Six months after its product release, the company announced completion of a $40-million funding series led by

Kleiner Perkins Caufield & Byers Kleiner Perkins, formerly Kleiner Perkins Caufield & Byers (KPCB), is an American venture capital firm which specializes in investing in incubation, early stage and growth companies. Since its founding in 1972, the firm has backed entrepreneur ...

. Before entering the development period, Qumulo employed 18 people which increased to 90 by February 2015 and to 150 employees in January 2016. The company remained secretive about its product offering until March 2015, when it finally offered specific details of its software, describing it as a "data aware" storage system. This was followed by a $32.5-million funding series in June 2016 adding new investor

Allen & Company Allen & Company LLC is an American privately held boutique investment bank based at 711 Fifth Avenue, New York. The firm specializes in real estate, technology, media and entertainment. History Founded in 1922 by Charles Robert Allen, Jr., he ...

. However, the company's share price had dropped by more than 35% when compared to previous rounds and the funds generated were below the company's expectations. In November 2016, Qumulo hired Bill Richter to succeed Godman as CEO. Godman continued as CTO until the end of 2018. Qumulo raised $30 million additional funds in April 2017 and $93 million in June 2018, bringing it total funding to $230 million. In January 2019, the company opened offices in

Vancouver Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. T ...

, Canada. It employs approximately 220 people as of April 2019. Citing economic conditions and getting the company to profitability, on June 29, 2022 Qumulo laid off 80 employees, approximately 19% of its workforce.

Products

Qumulo develops storage software for file-based data. The file system software can be deployed with on-premise data centers on Qumulo's

network-attached storage Network-attached storage (NAS) is a file-level (as opposed to block-level storage) computer data storage server connected to a computer network providing data access to a heterogeneous group of clients. The term "NAS" can refer to both the tec ...

hardware, as well as on

Hewlett Packard Enterprise The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas, United States. HPE was founded on November 1, 2015, in Palo Alto, California, as part of the splitting of the ...

Apollo and Dell PowerEdge R740xd platforms. It can also be used on the

cloud storage Cloud storage is a model of computer data storage in which the digital data is stored in logical pools, said to be on "the cloud". The physical storage spans multiple servers (sometimes in multiple locations), and the physical environment is ty ...

platforms Amazon Web Services, Microsoft Azure, or Google Cloud Platform. In September 2018, the firm announced an update to its software adding

machine learning Machine learning (ML) is a field of inquiry devoted to understanding and building methods that 'learn', that is, methods that leverage data to improve performance on some set of tasks. It is seen as a part of artificial intelligence. Machin ...

-powered pre-fetch to anticipate which files the user will most likely access next. The software preemptively caches files identified by analyzing user behavior and patterns in file access.

References

External links

* {{Primary storage technologies Data storage