Show Me The Money

The weather may start to cool as August gives way to September. But venture capital activity for IT startups remains hot, with several reporting funding rounds of $100 million or more. Altogether, the startups on this month's list raised nearly $480 million.

As has been the case in recent months, a lot of money flowed to young companies in the big data and security technology arenas. Other startups being funded are in next-generation storage systems, cloud system appliances, OpenStack software and project management applications.