Qumu Reports Fourth Quarter and Full Year 2014 Financial Results

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MINNEAPOLIS--(BUSINESS WIRE)--Qumu Corporation (NASDAQ:QUMU) today reported financial results for the fourth quarter and full year ended December 31, 2014. Revenue in the fourth quarter of 2014, excluding revenue from Kulu Valley acquired in October 2014, was $7.8 million, up 88% from the fourth quarter last year. Fourth quarter Kulu Valley revenue was $0.5 million, driving combined revenue to $8.3 million in the fourth quarter. Contracted customer commitments for the fourth quarter of 2014, ex

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