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10 Cool Tech Startups That Raised Funding In June 2020

Kyle Alspach

Big-data and security innovators were among the startups that hauled in funding rounds in June.

Immuta

Headquarters: Boston

CEO: Matthew Carroll

Funding: $40 million, Series C

Investors: Intel Capital (led the round), Ten Eleven Ventures, DFJ Growth, Dell Technologies Capital, Greycroft, Drive Capital, Citi Ventures

What Immuta does: Offers an automated data governance platform that enables self-service access to and control of sensitive data

CEO Quote: “With each passing quarter, we’re seeing accelerating demand from data-driven leaders that need to automate how data is accessed, shared and analyzed so they remain compliant with an ever-growing set of regulations, and to avoid costly breaches or data leaks. The investment we’re announcing today from Intel Capital and Ten Eleven, along with our existing investors, will help us accelerate platform innovation, enhance and expand our strategic partnerships, and bring to market new, industry-specific solutions to automate compliance with HIPAA, CCPA, COPPA and other regulations.”

 
Kyle Alspach

Kyle Alspach is a Senior Editor at CRN focused on cybersecurity. His coverage spans news, analysis and deep dives on the cybersecurity industry, with a focus on fast-growing segments such as cloud security, application security and identity security.  He can be reached at kalspach@thechannelcompany.com.

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