COMPANY PROFILE

Qumulo

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Freedom to store, manage and access file-based data in the data center and on the cloud, at petabyte and global scale

Seattle, United StatesFounded 2012Other B2B Software

Valuation $1–2.5B Last recorded · 2020

Revenue $100–500M Latest reported FY

Headcount 500–1k Current team size

Total funding $100–500M Disclosed equity funding

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About Qumulo

Qumulo is a pioneering company in the field of data management, specializing in handling unstructured data at an exabyte scale. Unstructured data refers to information that doesn't have a predefined data model, such as text, video, and social media posts. Qumulo's primary offering is a software solution that allows businesses to store, manage, and curate massive amounts of data efficiently. This software can be deployed across various environments, including edge locations (places where data is generated), core data centers, and cloud platforms.

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Qumulo serves a diverse range of clients, including those in industries like healthcare, media and entertainment, research, and government. These clients often deal with enormous volumes of data generated by IoT devices, smart cities, deep learning applications, and high-resolution content. The company operates in the global data management market, which is rapidly expanding due to the exponential growth of data.

The business model of Qumulo revolves around providing a subscription-based software service. Clients pay for the software on a recurring basis, which allows them to use Qumulo's platform to manage their data. This model ensures a steady revenue stream for the company while offering clients flexibility and scalability.

Qumulo makes money primarily through these subscription fees. Additionally, they may offer professional services to help clients implement and optimize their data management solutions. The company has a strong market presence, evidenced by its recognition as a leader in the Gartner Magic Quadrant for multiple years and a high Net Promoter Score (NPS), which indicates customer satisfaction.

In summary, Qumulo is a leader in simplifying the management of unstructured data at a massive scale, serving a wide range of industries with a subscription-based software solution that operates across edge, core, and cloud environments.

Source: Dealroom company data