CEO: Peter Godman
New Funding: $24.5 million
Backers: Highland Capital Partners, Madrona Venture Group, Valhalla Partners, others
Is the big data trend going to catalyze the need for "big storage?" Qumolo certainly thinks so. The data storage startup claims to have technology that can rapidly scale, specifically to handle virtualized workloads that are taxing traditional storage systems. Its funding round is the latest in a number of recent, substantial VC takes for storage companies, including Pure Storage and Nimble Storage.