Latest news with #In-Q-Tel
Yahoo
3 days ago
- Business
- Yahoo
Qumulo Strengthens Leadership Team with Board of Directors Expansion
Qumulo continues record growth while adding industry veterans with strong financial and technical expertise. SEATTLE, June 11, 2025--(BUSINESS WIRE)--Qumulo, Inc., the leader in enterprise-wide unstructured data management, today announced continued record growth and the addition of two new board members, Kelly Battles, a seasoned technology CFO and board member, and Bob Gleichauf, a technology leader with deep experience in enterprise IT infrastructure and cybersecurity. Qumulo is adding these two experienced Board members at a time when the company has seen record revenue and profits, and a rapidly growing customer base. Since it launched Cloud Native Qumulo on Azure and AWS in October 2024, Qumulo has seen an over 400 percent year-over-year growth in cloud data storage alone. And, with a rapidly growing base of over 1100 diverse customers worldwide, across a variety of key industry verticals including Media and Entertainment, Energy Exploration and Delivery, Gaming and Sports, Automotive and Autonomous Driving, Semiconductor Development, Healthcare and Life Sciences, and Financial Services, Qumulo is delivering record revenue growth as well. "Qumulo is experiencing rapid growth as our users, partners, and potential customers increasingly turn to AI and hybrid cloud solutions to transform their businesses. These developments require high-speed access to large amounts of data wherever and whenever it is required for business needs. And, for the last three quarters of our previous fiscal year, this demand has led to a record-setting revenue and profit for us," said Qumulo Chief Executive Officer and President Douglas Gourlay. "With Kelly Battles and Bob Gleichauf joining our board of directors, we are welcoming two industry leaders with significant experience in high-growth environments, diligent financial management, and technology that will help us realize our vision." Kelly Battles is an accomplished board director, CFO, and operations officer with more than thirty years of experience helping scale technology companies from growth stage to a successful public offering. She previously served as CFO at Quora and Bracket Computing, VP of Finance at Ironport (acquired by Cisco), and Director of Strategy and Corporate M&A at HP. She currently serves on the boards of several public and private companies, including Genesys, Arista, and now Qumulo. Bob Gleichauf is a respected technology leader and innovator with extensive experience in networking, security, and enterprise IT transformation. He has served in a variety of executive technology leadership roles the past 15 years at In-Q-Tel as well as 15 years before that at Cisco, seven of those as VP/CTO of the Security Business Group that expanded into the Wireless Networking group before joining In-Q-Tel. Prior to all that, Gleichauf led Engineering at Wheelgroup, one of the pioneers of Network Intrusion Detection that was acquired by Cisco in 1998 for $124m. "The rapid expansion of our customer base clearly demonstrates how our scalable, high-performance cloud data platform effectively serves a wide spectrum of user requirements, no matter if their data resides on-premises, in a public cloud, or a hybrid environment," said Qumulo Chief Operating Officer Michelle Palleschi. "Our Run Anywhere software and Cloud Native Qumulo offerings empower our customers with the essential flexibility and choice for true hybrid cloud adoption—across any server, any cloud, and any location. The addition of Kelly and Bob to our board, will undoubtedly help us advance our corporate efforts and continue to deliver on our growth targets." About Qumulo Qumulo is the only seven-time Leader in the Gartner Magic Quadrant for Distributed File and Object Storage and the leading provider of cloud data platforms. With exabytes under management and more than 1,100 production customers, Qumulo empowers organizations to manage, store, curate, and protect their data, unlocking new possibilities and driving innovation across diverse industries. To learn more, visit View source version on Contacts Media Contact:Robert BergerQumulo Communications Teambberger@ 303-803-0648
Business Wire
3 days ago
- Business
- Business Wire
Qumulo Strengthens Leadership Team with Board of Directors Expansion
SEATTLE--(BUSINESS WIRE)-- Qumulo, Inc., the leader in enterprise-wide unstructured data management, today announced continued record growth and the addition of two new board members, Kelly Battles, a seasoned technology CFO and board member, and Bob Gleichauf, a technology leader with deep experience in enterprise IT infrastructure and cybersecurity. Qumulo is adding two experienced Board members at a time when the company has seen record revenue and profits, and a rapidly growing customer base. Qumulo is adding these two experienced Board members at a time when the company has seen record revenue and profits, and a rapidly growing customer base. Since it launched Cloud Native Qumulo on Azure and AWS in October 2024, Qumulo has seen an over 400 percent year-over-year growth in cloud data storage alone. And, with a rapidly growing base of over 1100 diverse customers worldwide, across a variety of key industry verticals including Media and Entertainment, Energy Exploration and Delivery, Gaming and Sports, Automotive and Autonomous Driving, Semiconductor Development, Healthcare and Life Sciences, and Financial Services, Qumulo is delivering record revenue growth as well. 'Qumulo is experiencing rapid growth as our users, partners, and potential customers increasingly turn to AI and hybrid cloud solutions to transform their businesses. These developments require high-speed access to large amounts of data wherever and whenever it is required for business needs. And, for the last three quarters of our previous fiscal year, this demand has led to a record-setting revenue and profit for us,' said Qumulo Chief Executive Officer and President Douglas Gourlay. 'With Kelly Battles and Bob Gleichauf joining our board of directors, we are welcoming two industry leaders with significant experience in high-growth environments, diligent financial management, and technology that will help us realize our vision.' Kelly Battles is an accomplished board director, CFO, and operations officer with more than thirty years of experience helping scale technology companies from growth stage to a successful public offering. She previously served as CFO at Quora and Bracket Computing, VP of Finance at Ironport (acquired by Cisco), and Director of Strategy and Corporate M&A at HP. She currently serves on the boards of several public and private companies, including Genesys, Arista, and now Qumulo. Bob Gleichauf is a respected technology leader and innovator with extensive experience in networking, security, and enterprise IT transformation. He has served in a variety of executive technology leadership roles the past 15 years at In-Q-Tel as well as 15 years before that at Cisco, seven of those as VP/CTO of the Security Business Group that expanded into the Wireless Networking group before joining In-Q-Tel. Prior to all that, Gleichauf led Engineering at Wheelgroup, one of the pioneers of Network Intrusion Detection that was acquired by Cisco in 1998 for $124m. "The rapid expansion of our customer base clearly demonstrates how our scalable, high-performance cloud data platform effectively serves a wide spectrum of user requirements, no matter if their data resides on-premises, in a public cloud, or a hybrid environment," said Qumulo Chief Operating Officer Michelle Palleschi. "Our Run Anywhere software and Cloud Native Qumulo offerings empower our customers with the essential flexibility and choice for true hybrid cloud adoption—across any server, any cloud, and any location. The addition of Kelly and Bob to our board, will undoubtedly help us advance our corporate efforts and continue to deliver on our growth targets." About Qumulo Qumulo is the only seven-time Leader in the Gartner Magic Quadrant for Distributed File and Object Storage and the leading provider of cloud data platforms. With exabytes under management and more than 1,100 production customers, Qumulo empowers organizations to manage, store, curate, and protect their data, unlocking new possibilities and driving innovation across diverse industries. To learn more, visit
Yahoo
05-05-2025
- Business
- Yahoo
Alta Resource Technologies Expands Series Seed Funding to $10M to Scale Protein-Based Critical Minerals Technology
DCVC and Voyager co-lead with support from In-Q-Tel and Orion to commercialize Alta's advanced biochemistry platform for mineral separation BOULDER, Colo., May 05, 2025--(BUSINESS WIRE)--Alta Resource Technologies, a pioneer in using advanced biochemistry to transform mineral separation, today announced that it has expanded its Series Seed funding to $10 million with the close of an additional $4.4 million investment. The Seed 2 investment was co-led by DCVC and Voyager Ventures with participation from Orion Industrial Ventures and In-Q-Tel (IQT), the not-for-profit strategic investor for the U.S. national security community and America's allies. The new capital will accelerate development and commercialization of Alta's breakthrough platform, which uses engineered proteins to selectively bind to and separate critical minerals—including rare earth elements like neodymium and dysprosium—from low-grade ores and complex waste streams. The approach promises to dramatically reduce the environmental impact of mineral extraction while helping to secure domestic supply chains for essential materials used in advanced electronics, clean energy technologies, and modern defense systems. The investment comes at a pivotal moment for critical-mineral supply chains, many of which are dominated by China. This concentration of control has raised alarms about economic and national security. Responding to the growing urgency around supply chain resilience, the White House issued an executive order in March 2025 aimed at boosting domestic mineral production and reducing U.S. reliance on fragile foreign supply chains. Alta's technology offers a timely and scalable solution: a low-impact way to extract high-purity critical minerals from unconventional and previously uneconomic sources. "Securing resilient, low-impact sources of critical minerals is no longer optional for America and its allies—it's a strategic imperative," said Nathan Ratledge, PhD, Alta's Co-Founder and CEO. "Washington is beginning to respond with the kind of wartime urgency this moment demands, and Alta's technology is uniquely positioned to deliver. Our protein-based platform gives the U.S. a scalable way to tap into unconventional mineral resources right here at home, while slashing both costs and environmental impact." Alta's platform is based on protein engineering breakthroughs developed in partnership with Lawrence Livermore National Laboratory and researchers at Pennsylvania State University. By customizing proteins to bind selectively to individual elements—even at low concentrations in complex mixtures—Alta's solution offers far greater precision than conventional separation methods. The result is a step-change in the efficiency, sustainability, and economics of processing rare earths and other critical materials. The company will use the new funding to expand its technical team, advance commercial pilots, and extend its technology to a broader range of metal targets and feedstocks, including mine tailings, waste streams, and end-of-life products. "Alta exemplifies how deep technology can address critical global challenges while creating enormous commercial value," said James Hardiman, General Partner at DCVC. "We're increasing our investment because Alta has assembled an exceptional team and demonstrated remarkable progress in developing a revolutionary platform for critical mineral separation that can help secure America's technological future." "Alta's protein-based platform demonstrates the promise of engineering biology to address significant national security challenges. We are excited about supporting Alta's technological innovation to diversify the nation's sources of critical minerals and advance domestic processing capabilities," said Dr. Jessica Dymond, VP, Technology at IQT. The new funding brings Alta's total Series Seed investment to $10 million, building on the initial funding announced earlier this year. In addition to private capital, Alta has received grant support from federal partners and the State of Colorado. About Alta Resource Technologies Alta Resource Technologies is on a mission to reinvent mining by using advanced biochemistry to cost-effectively source the critical raw materials needed to power next-generation technology and bolster economic security. By leveraging customizable proteins to separate high-purity rare earth elements and other essential minerals from previously untapped sources with unprecedented selectivity, Alta is expanding access to vital resources while dramatically reducing the environmental impact of mining. With support from top investors, research partners, and federal and state government, Alta is poised to catalyze a long-overdue revolution in mining technology and secure the domestic supply of critical resources for the 21st century economy. For more information, visit About DCVC DCVC is deep tech venture capital. Over more than a dozen years, the firm has backed brilliant entrepreneurs using computational approaches to solve trillion-dollar problems in the real world across a broad set of industries, especially those that haven't seen material progress in decades. With billions of dollars of assets under management, DCVC builds long-term relationships with the founders it backs. The firm has been with many of its companies from their very start — and through to their recognition by the public markets as category-defining businesses. For more information, please visit or follow us on LinkedIn or Twitter @DCVC. About Voyager Ventures Built on three decades of climate technology expertise, Voyager Ventures invests in exceptional technology companies creating the foundations of a new, decarbonized economy. The VC firm is led by experienced climate technology investors, founders, company-builders and policymakers who know how to invest and build for scale. Voyager brings its expertise, experience and networks to accelerate the success of ambitious early-stage founding teams in North America and Europe, investing in both hardware and software companies driving decarbonization worldwide. For more information, please visit View source version on Contacts Media Contact:Greg Frost, Privateer Communicationsgreg@ Sign in to access your portfolio
