Data center News
10 Cool Tech Companies That Raised Funding In August 2022
Companies reporting new rounds of funding in August included developers of next-generation technology in secure browsers, cloud and data center processors, industrial IoT security, cloud infrastructure optimization, data analytics and data integration.
Follow The Money
With the ongoing economic uncertainty, the amount of venture capital flowing to IT startups continues to slow. Fewer companies are reporting new funding rounds. And funding rounds are smaller: Rounds of $50 million and even $100 million or more, a fairly common occurrence in early 2022, are now a rarity.
Nevertheless, a number of IT startups reported raising additional venture capital in August and two, secure browser developer Talon Cyber Security and next-generation cloud/data center microprocessor designer Pliops, managed to hit the nine-figure threshold.
While companies developing leading-edge technology in cybersecurity and big data have accounted for a disproportionate share of venture funding wins in recent years, our August roundup includes a more varied list of startups who pulled in new financing.
In addition to Talon Cyber Security and Pliops, AI tech developer Aisera reported an impressive funding round as did industrial IoT security developer TXOne Networks.
The August list includes a number of companies that reported smaller, early-stage funding rounds including real-time data analytics startup StarTree, concept and usability testing software company Sprig, and cyber risk quantification tech developer Axio. Software code observability platform provider Rookout raised funding in August as did cloud infrastructure optimization technology startup Sync Computing, and data integration/data streaming platform developer Equalum.
Here’s a look at 10 companies that raised funding in August 2022.