Fenwick represented Qumulo, a leading file data platform that helps organizations create and manage their file data at scale, in its $125 million Series E financing, at a valuation of more than $1.2 billion. The round was led by funds managed by BlackRock and included participation from Highland Capital Partners, Madrona Venture Group, Kleiner Perkins and new investors including Amity Ventures.
Qumulo will use this investment to fuel its global market expansion, strategic partnerships and to accelerate innovation of its platform to democratize file data management in multi-cloud environments. More information about the financing can be obtained from the Qumulo’s announcement.
The Fenwick transaction team included corporate partner Alan Smith and associates Ryan McRobert, Annie Omata and Funmi Osinubi.