Bill Richter
Bill Richter is CEO of Qumulo and a venture partner at Madrona, helping identify investments and advising portfolio companies. He was previously president of EMC's Isilon storage division, COO of EMC's midrange storage business, Isilon's CFO through its sale to EMC, a finance director at Amazon, and spent eight years at PricewaterhouseCoopers. He serves on the board of Global Partnerships.
Qumulo names Douglas Gourlay, ex-Arista and Cisco executive, as CEO while Bill Richter retires to advisory board
Qumulo appointed former Arista and Cisco executive Douglas Gourlay as CEO, replacing Bill Richter who will retire but remain as a board member and executive adviser; the storage company previously raised $125 million and hit a $1.2 billion valuation in 2020 but cut staff in 2022.
Qumulo raises $125M Series E led by BlackRock, valuation climbs to $1.2B as CEO cites pandemic-era growth
Qumulo, a Seattle-based unstructured data storage company, raised a $125 million Series E led by BlackRock that pushed its valuation past $1 billion after strong performance and growing investor interest. CEO Bill Richter said the company serves 400+ customers storing multi-petabyte data sets and saw demand rise even during the pandemic.
Qumulo Raises $93M Led by BlackRock to Grow Engineering Team and Expand Multi‑Cloud File-Storage Software
Qumulo raised $93 million in a funding round led by BlackRock Private Equity Partners, bringing total funding to over $230 million since its founding; CEO Bill Richter says the company has no debt and will use the capital to hire engineers and expand its file-based data-management technology. Qumulo serves customers like Hollywood studios and auto companies, supports on-prem and AWS deployments, and plans a multi-cloud strategy while positioning itself against hardware-focused rivals.
Organizations
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Madrona Venture Partner · current
Education
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UW Foster School of Business BA, Finance · 1995–1997
