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Follow The Money: 10 VC Investments To Watch In August

Kari Hamanaka

Bitglass

Headquarters: Campbell, Calif.

CEO: Nat Kausik

New Funding: $25 million

Round: Series B

Backers: SingTell Innov8, New Enterprise Associates and Norwest

Bitglass, launched in 2013, didn't emerge from stealth mode until January with data protection solutions for the enterprise. The Software-as-a-Service provider's products promise to help companies track and encrypt information on mobile devices or cloud applications as more businesses ride the BYOD wave. Bitglass services the finance, health care and manufacturing industries, among others. The Series B funding, which brings total funds raised to $35 million, is expected to help fuel sales, marketing and development efforts.

 
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