Qumulo, a leader in file storage, continues its market conquest at a rapid pace. The firm just announced a new VC round - Series E - of $125M at a valuation of more than $1.2B thus confirming its unicorn status.Coldago Research has published its new bi-annual study end of June and obviously Qumulo belongs to it for a few editions already.
The total raided is impressive at $351M coming from past investors Highland Capital Partners, Madrona Venture Group, Kleiner Perkins and new investors like Amity Ventures.
It confirms once again a real battle between Pure Storage with FlashBlade, VAST Data, Dell EMC with PowerScale and Weka.IO.
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