Qumulo Raises $125 Million, Reaches Unicorn Status

Data storage startup Qumulo has reached unicorn status. The Seattle-based company recently announced it raised $125 million in a Series E funding round, bringing the company's valuation to over $1.2 billion. The company Qumulo handles more than 150 billion files for customers such as Hyundai, Cinesite Studios and Telus. Bill Richter, President and CEO of Qumulo, explains how significant reacting unicorn status is to him and his company during the coronavirus pandemic.
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