Clumio

-83%

est. 2Y upside i

DevOps & InfraSeries D+

Rank

#3618

Sector

Cloud Data Protection & Cyber Resilience

Est. Liquidity

~0Y

Data Quality

Data: Low

Clumio was acquired by Commvault for ~$47M, far below total funding of $261M, rendering common equity worthless.

Last updated: July 3, 2026

Bull (15%)+12%

Exit multiple expands to 20x on IPO window, revenue $21.5M gives exit $430M, after preference common recovers $169M, upside 12% on entry valuation.

Base (55%)-100%

Exit multiple converges to 6x, exit $129M below preference, common worthless.

Bear (30%)-100%

Multiple compresses to 2x, exit $43M, common worthless.

Est. time to liquidity~0.0 years

Preference Stack Risk

severe

Funding Intensity

17300%

Total funding of $261M far exceeds entry valuation of $151M (and acquisition price of $47M), leaving common stock deeply out of the money.

Dilution Risk

low

No further dilution expected due to acquisition.

Secondary Liquidity

limited

Secondary market existed pre-acquisition but is now irrelevant as liquidity came via acquisition at a lower valuation.

Other — 3 roles

Last updated: May 18, 2026

Questions to Ask at the Interview

Strategic questions based on Clumio's data — designed to show you've done your homework.

1
“How does Commvault's integration plan leverage Clumio's air-gapped architecture for cross-sell opportunities?”
2
“What is the expected revenue contribution from Clumio's technology within the combined entity?”
3
“As an employee of the acquired entity, what is the typical equity structure (e.g., Commvault RSUs, earnouts)?”

Our model estimates -83% upside. What do you think?

Anonymous. Do not share material non-public information.

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.