BlackRock led a $125m Series E round in Qumulo at $1.2bn valuation.

BlackRock led a $125m Series E funding round in Qumulo, a file data platform services provider, at a $1.2bn valuation. The financing included participation from Highland Capital Partners, Madrona Venture Group, Kleiner Perkins, and new investors including Amity Ventures. “This latest investment is a great recognition of our category leadership and unique capabilities to help customers create, manage, and gain value from their file data at scale. It will help Qumulo accelerate our ability to serve the world’s leading enterprises with the freedom, control and performance that organizations need now more than ever,” Bill Richter, Qumulo CEO.