Data storage startup Qumulo just raised $125 million and doubled its valuation to $1.2 billion, and the CEO says it shows how investors are betting big on digital transformation amid the pandemic

· *Seattle-based Qumulo raised $125 million in a funding round led by BlackRock, more than doubling its valuation to $1.2 billion. *
· *CEO Bill Richter said the company was able to raise the money because it was at the intersection of two big trends in the pandemic — first making content and business processes digital, and...