10 Hot Tech Startups For November10:00 AM EST Wed. Nov. 28, 2012
The cloud is creating new technology demands that are fast being fulfilled by entrepreneurs. Companies creating cloud-based analytics, storage and business software are prominent among the hot emerging companies in November.
Continue on and see what the latest tech startups have to offer.
CEO: Peter Godman
On Nov. 20, Qumulo said it had raised $24.5 million in a funding round led by Highland Capital Partners, with participation from Madrona Venture Group and Valhalla Partners.
The Seattle-based enterprise data storage startup has been quiet about what it actually does. However, Charles Curran, general partner at Valhalla Partners, offered some insight in the company's funding announcement.
"Qumulo's team of enterprise storage experts is positioned to solve the problems introduced by the confluence of three huge trends in enterprise IT -- consumerization, SSD technology and commoditization," said Curran. "The next five years will bring a variety of new approaches to deal with the massive explosion of data and its manageability, and Qumulo will be at the forefront of that revolution."
CEO: Dave Fowler
Chartio believes it has hit on a better way of delivering real-time business analytics.
Chartio's interface accesses customers' internal databases to create real-time visualizations, bypassing the need for data warehousing and avoiding its security pitfalls. The interface enables easy creation of charts to access multiple data streams.
Chartio was founded in 2010 by Fowler and Dave Beyer and is backed with $3.8 million in funding from venture capital firms Avalon Ventures and Bullpen Capital.
CEO: Dave Arella
This company's flagship product, CommitKeeper, which was launched in August on the Salesforce AppExchange, is a collaboration and work management tool designed to improve project coordination and accountability.
4Spires' CommitKeeper lets users make work requests and negotiate delivery agreements, while the system tracks a projects all the way through delivery.
The Web-based business software startup was founded in 2010 by Arella and is based in Half Moon Bay, Calif.
CEO: Jim Liddle
Storage Made Easy is a cloud-based data access provider, offering an open platform through which users can connect with storage providers in a virtual cloud file system. The company allows businesses to move their file servers to the cloud using combinations of their preferred cloud file providers, such as Google Docs or Amazon S3.
Storage Made Easy, which is owned by Vehera, a U.K. company, provides a Web interface, Windows, Mac and Linux tools. It also accesses data via iPhone, iPad, Android, BlackBerry and Windows Phone mobile devices, as well as through Facebook, Google Gadget and Firefox and Chrome plug-ins. In addition, it integrates with other products such as Microsoft Office and Open Office.
CEO: Bryan Menell
Austin, Texas-based SubtleData, which launched Nov. 13, connects apps to point-of-sale systems. SubtleData's developer platform provides integration with the POS systems used by restaurants and bars.
Through Angellist, the startup has received $500,000 in seed funding.
CEO: Arijit Sengupta
BeyondCore is gaining traction in advanced analytics and winning several awards, including Gartner's Cool Vendor in Business Process Services 2012.
BeyondCore said its initial Advanced Analytics solutions focused on quality and security. Its latest offering, Lucid, automates complex statistical analysis conducted by analysts and presents business insights.
Lucid uses these automated analytics to find patterns in complex data sets and highlights observations.
Co-Founders: Jody Vandergriff, Steve Rabkin
WebDAM offers cloud-based digital asset management software for businesses to centralize, store, distribute and organize rich media files, including documents, pictures, Photoshop files, logos and PDFs.
The company targets marketing and creative teams with online tools for managing, sharing, searching, retrieving and distributing creative collateral in the cloud.
The company's collaboration tools allow designers, Web and marketing groups to view and share project-related assets. The product also offers photo management, optimized for managing and searching millions of images.
CEO: Bill Hackenberger
HighCloud Security's software uses encryption, key and policy management to protect virtual machines and their data and enables users to manage virtual machine deployment from one place regardless of size and complexity.
Mountain View, Calif.-based HighCloud protects the operating system and application data, as well as memory files, copies, snapshots and templates.
CEO: Rickard Hansson
Incentive offers social collaboration software for enterprises that enables workers to instantly communicate among teams, projects and departments.
Incentive's downloadable server software includes activity streams, wikis, blogs and apps that users set up securely behind their own firewalls.
The Sweden-based company plans to release version 3.0 in 2013 to include new features, tools and workflows.
CEO: Dane Atkinson
New York-based data analytics startup SumAll has raised $6 million from Battery Ventures, with the participation of Wellington Partners.
The company said its analytics brings together disparate sources of data and makes it visible and digestible on one chart.
SumAll users can integrate multiple data sources including Facebook, Twitter, Google Analytics, eBay, PayPal, Shopify, Big Commerce, Magento and Instagram into one intuitive, interactive chart.