# Qumulo funding: rounds and investors

> Qumulo has raised $315M across 6 rounds since 2012. Investors include Madrona Venture Group, DCVC and Valhalla Partners. Every round with its source.

Source: https://millionrounds.com/company/qumulo (Millionrounds; every figure on the page links to its filing or article)

United States · [Series E startup](https://millionrounds.com/companies)

# Who invested in *Qumulo*

6 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Valuation: $1.2B, Mar 2026

Funding summary Updated 26 Oct 2026

**$315M** raised across 6 rounds since 2012, from 6 sources

**$2.3M** Seed **$25M** Series A **$40M** Series B **$30M** Series C **$93M** Series D **$125M** Series E

- **Latest round:** Series E, $125M Jul 2020
- **Step-up i:** 1.3×
- **Investors:** 14

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012 2014 2016 2018 2020

**$2.3M** Seed

**$25M** Series A

**$40M** Series B

**$30M** Series C

**$93M** Series D

**$125M** Series E

- **First round:** Seed, $2.3M
- **Biggest round:** $125M
- **Usual gap between rounds:** 2.1 years

## The rounds

- **Jul 2020** Series E **$125M** *3 new* *2 returning* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [DCVC](https://millionrounds.com/fund/data-collective) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) Source recorded SEC filing: $112M sold, first sale Jul 2020
- **Jun 2018** Series D **$93M** *4 new* *2 returning* [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [HGST](https://millionrounds.com/fund/western-digital-capital) [FENRIR](https://millionrounds.com/fund/fenrir) BlackRock Private Equity Partners/ Goldman Sachs Highland Reported by FinSMEs SEC filing: $93M sold, first sale Jun 2018
- **Apr 2017** Series C **$30M** *2 new* *1 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Top Tier](https://millionrounds.com/fund/top-tier) [Tyche](https://millionrounds.com/fund/tyche) Reported by FinSMEs SEC filing: $30M sold, first sale Mar 2017
- **Feb 2015** Series B **$40M** *1 new* *3 returning* [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) [Valhalla Partners](https://millionrounds.com/fund/valhalla-partners) From a historical funding record
- **Nov 2012** Series A **$25M** *2 new* *2 returning* [Madrona Venture Group](https://millionrounds.com/fund/madrona) [DCVC](https://millionrounds.com/fund/data-collective) [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) [Valhalla Partners](https://millionrounds.com/fund/valhalla-partners) Reported by bizjournals.com SEC filing: $24M sold, first sale Nov 2012
- **Mar 2012** Seed **$2.3M** *2 new* [DCVC](https://millionrounds.com/fund/data-collective) [Valhalla Partners](https://millionrounds.com/fund/valhalla-partners) Reported by geekwire.com SEC filing: $500K sold, first sale Mar 2012

## Founders and team

From Qumulo's own website and the SEC filings it signed: 1 founder, 16 on the team.

**Aaron Passey** Co-founder & Chief Architect

- **Michelle Palleschi** Executive Vice President & Chief Operating Officer
- **Douglas Gourlay** Chief Executive Officer
- **Doug Gourlay** CEO, Qumulo
- **Kiran Bhageshpur** Chief Technology Officer
- **Matt Frey** Chief Financial Officer
- **Brandon Whitelaw** SVP, Head of Product
- **Chad Knowles** VP, North American Sales
- **Dack Busch** VP, Worldwide Solutions Architecture & Systems Engineering
- **Dave Coughlan** VP, Customer Success
- **Kelly Seelig** VP, Marketing
- **Ted Carpenter** VP, Engineering
- **Bob Gleichauf** Independent Board Member
- **Kelly Battles** Independent Board Member
- **Matthew B. Frey** Executive Officer i
- **Neal Fachan** Executive Officer, Director i
- **William B. Richter** Executive Officer, Director i

On the board, as filed i *Dan B. Miller* *Wen B. Hsieh*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2012 **Series A** 2012 **Series B** 2015 **Series C** 2017 **Series D** 2018 **Series E** 2020 [Madrona Venture Group](https://millionrounds.com/fund/madrona) [DCVC](https://millionrounds.com/fund/data-collective) [Valhalla Partners](https://millionrounds.com/fund/valhalla-partners) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) [HGST](https://millionrounds.com/fund/western-digital-capital) [Top Tier](https://millionrounds.com/fund/top-tier)

## Everyone who backed them

[Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **5** rounds

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **3** rounds

[Valhalla Partners](https://millionrounds.com/fund/valhalla-partners) VC firm **3** rounds

[Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **2** rounds

[Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) VC firm **2** rounds

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round

[Northern Light Venture Capital](https://millionrounds.com/fund/nlvc) VC firm **1** round

[HGST](https://millionrounds.com/fund/western-digital-capital) Corporate VC **1** round

[Top Tier](https://millionrounds.com/fund/top-tier) Growth equity **1** round

[Tyche](https://millionrounds.com/fund/tyche) Growth equity **1** round

[FENRIR](https://millionrounds.com/fund/fenrir) Growth equity **1** round

BlackRock Private Equity Partners/ Goldman Sachs no record of our own yet **1** round

Highland no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=qumulo).

## Also claim to have backed them

These 5 firms list Qumulo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[SGH CAPITAL](https://millionrounds.com/fund/sgh-capital) VC firm Per its own site

[Amity Ventures](https://millionrounds.com/fund/amity-ventures) VC firm Per its own site

[Tyche Partners](https://millionrounds.com/fund/tyche-partners) VC firm Per its own site

[Catapult](https://millionrounds.com/fund/catapult-vc) VC firm Per its own site

[Stowe Capital](https://millionrounds.com/fund/stowe-capital) Advisor Per its own site

## Quick answers about Qumulo

### Who invested in Qumulo?

Qumulo's investors include Madrona Venture Group, DCVC, Valhalla Partners, Kleiner Perkins Caufield & Byers and Highland Capital Partners, and 9 more on record.

### How much has Qumulo raised?

Qumulo has raised $315M across 6 rounds since 2012.

### When did Qumulo last raise?

Qumulo's most recent round was a Series E of $125M in Jul 2020.

### What was Qumulo's biggest round?

Its most recent round, $125M in Jul 2020, is also its largest on record.

### Who backed Qumulo first?

Qumulo's first round on record, in Mar 2012, was backed by DCVC and Valhalla Partners.

### What stage is Qumulo at?

Qumulo's latest named round is a Series E, in Jul 2020.

### Where is Qumulo based?

Qumulo is based in the United States.

## Companies like Qumulo

In the same sector, and raised in the last eighteen months.

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