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10 Cool Tech Companies That Raised Funding In June 2022

Rick Whiting

Next-generation technology developers in database and data management, security analytics, universal APIs, and software-defined data storage were among the companies reporting new rounds of funding.

DataStax

Headquarters: Santa Clara, Calif.

CEO: Chet Kapoor

Funding: The $115 million private equity funding round brought DataStax’s total funding to $342.6 million since its 2010 founding.

Investors: The round was led by the growth equity business within Goldman Sachs Asset Management. Also participating were RCM Private Markets fund advised by Rokos Capital Management and the Singapore-based global investor EDB Investments Pts. Ltd., along with existing investors Crosslink Capital, Meritech Capital Partners, OnePrime Capital and other current investors.

What company does: DataStax develops the DataStax Enterprise distributed NoSQL database that is designed to handle huge volumes of data. It also offers the Astra DB database-as-a-service.

CEO Quote: “We see the transformative power of real-time applications across industries on a daily basis and among customers such as The Home Depot, Verizon, and Capital One. What‘s clear is that we’re only in the early stages of what‘s possible with new data-driven experiences that will serve a wide range of human needs, create virtuous cycles between companies and their customers, and move markets.”

 
Rick Whiting

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at rwhiting@thechannelcompany.com.

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