Prepping For The Challenges Ahead
Qumulo CEO Bill Richter said the company’s new $125 million funding round will help expand its channel reach, its ability to better work with clients outside North America and Europe, and its speed of innovation as it looks to play a bigger role in managing data across on-premises and multi-cloud infrastructures, he said.
Richter also told CRN that he Seattle-based developer of a file data platform for on-premises and multi-cloud environments is well financed already, is conservative with its cash, and is on the cusp of becoming cash-flow-positive. Indeed, Richter said, Qumulo has just about finished all the goals it set on the way to planning an eventual IPO.
Richter, in his conversation with CRN, also talked about Qumulo‘s technology and innovation plans, and how it stacks against some of its competitors.
Here’s a look at where Qumulo stands today in the cloud storage business, and what can be expected for the rest of 2020.
