10 Hot Tech Startups For November

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CEO: Peter Godman

On Nov. 20, Qumulo said it had raised $24.5 million in a funding round led by Highland Capital Partners, with participation from Madrona Venture Group and Valhalla Partners.

The Seattle-based enterprise data storage startup has been quiet about what it actually does. However, Charles Curran, general partner at Valhalla Partners, offered some insight in the company's funding announcement.

"Qumulo's team of enterprise storage experts is positioned to solve the problems introduced by the confluence of three huge trends in enterprise IT -- consumerization, SSD technology and commoditization," said Curran. "The next five years will bring a variety of new approaches to deal with the massive explosion of data and its manageability, and Qumulo will be at the forefront of that revolution."


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