Follow The Money: 20 IT Companies That Collectively Raised $500M In Financing

Whole Lotta Security

July was a nonstop month for venture capital funding in the IT space (perhaps so that VCs can tie up loose ends before the traditional August month off). But startups of one particular stripe were disproportionately active at hauling in new funds in July—security. Other rounds also went to companies involved with the Internet of Things, containers and data analytics.

Here are the 20 funding deals from July that caught our eye in the IT space. Altogether they raised a little more than $490 million.

Sift Security

Headquarters: Menlo Park, Calif.

CEO: Neil King

Funding: $3.25 million

Investors: Freeman Group

What it does: Next-generation cybersecurity threat hunting and incident response platform


Headquarters: Boston

CEO: Moritz Plassnig

Funding: $7 million, Series A

Investors: Ascent Venture Partners (led the round), Sigma Prime Partners, Boston Seed Capital, F-Prime Capital

What it does: Hosted continuous integration solutions for automation of software builds and testing


Headquarters: San Francisco

CEO: Paul Stich

Funding: $7 million, Series B

Investors: Trident Capital Cybersecurity (led the round), Venrock, US Venture Partners, Blue Coat Systems, Knollwood Investment Authority

What it does: Provides threat protection for enterprise mobile deployments by offering visibility into mobile risk


Headquarters: San Jose, Calif.

CEO: James Brear

Funding: $8.2 million, Series A

Investors: Menlo Ventures (led the round), New Enterprise Associates

What it does: Uses detection of vulnerabilities to prevent network breaches and outages


Headquarters: New York

CEO: Josh Lefkowitz

Funding: $10 million, Series B

Investors: Greycroft Partners (led the round), Cisco Investments, Jump Capital, Leaders Fund, TechOperators, K2 Intelligence, Bloomberg Beta

What it does: Provides intelligence about business risk by leveraging deep web and dark web data


Headquarters: San Francisco

CEO: Ben Bernstein

Funding: $10 million, Series A

Investors: TenEleven Ventures (led the round), Rally Ventures, YL Ventures

What it does: Vulnerability management and authentication for containers


Headquarters: Provo, Utah

CEO: Rob Nelson

Funding: $11 million

Investors: Toba Capital

What it does: Aggregates data from spreadsheets and cloud SaaS tools to create custom business-intelligence dashboards


Headquarters: Mountain View, Calif.

CEO: David C. King

Funding: $12 million, Series A

Investors: March Capital and GE Ventures (led the round), Robert Bosch Venture Capital GmbH, Yokogawa Electric Corporation, Darling Ventures

What it does: Industrial Internet of Things software; combines sensor data from industrial machines with cloud-based management, analysis and machine-learning capabilities


Headquarters: New York

CEO: Nitesh Banta

Funding: $12.4 million, Series A

Investors: General Catalyst Partners, Breyer Capital, Founder Collective, SV Angel

What it does: Uses artificial intelligence technologies to rapidly design and improve sophisticated websites

Redis Labs

Headquarters: Mountain View, Calif.

CEO: Ofer Bengal

Funding: $14 million, Series C

Investors: Bain Capital Ventures and Carmel Ventures (led the round)

What it does: Offers an enterprise version of the in-memory data structure server Redis


Headquarters: Sunnyvale, Calif.

CEO: Guy Bejerano

Funding: $15 million, Series A

Investors: Deutsche Telekom Capital Partners, HP Pathfinder, Maverick Ventures, Sequoia Capital, Cato Networks CEO Shlomo Kramer

What it does: Provides continuous validation of security risks, using simulations of hacker activity


Headquarters: Palo Alto, Calif.

CEO: Adi Sharabani

Funding: $16.5 million, Series B

Investors: Foundation Capital (led the round), Shasta Ventures, Pitango Venture Capital, New York Life

What it does: Defends against enterprise mobile threats by detecting and preventing cyberattacks in a way that doesn’t compromise user privacy or experience


Headquarters: San Mateo, Calif.

CEO: Oudi Antebi

Funding: $17 million

Investors: Salesforce Ventures, Wicklow Capital, SGVC

What it does: Offers a way to enable messaging for work collaboration on top of existing work email accounts


Headquarters: Tel Aviv, Israel

CEO: Pavel Gurvich

Funding: $20 million, Series B

Investors: Battery Ventures, Cisco Investments, 83North

What it does: Provides a way to detect cybersecurity breaches even if they’ve been missed by other security measures


Headquarters: Redwood Shores, Calif.

CEO: Manish Sood

Funding: $22 million, Series B

Investors: New Enterprise Associates (led the round), Crosslink Capital, .406 Ventures

What it does: Offers a platform-as-a-service for data management related to enterprise applications

Bay Dynamics

Headquarters: San Francisco

CEO: Feris Rifai

Funding: $23 million, Series B

Investors: Carrick Capital Partners (led the round), Comcast Ventures

What it does: Offers cyber risk analytics software for measuring and reducing security threats


Headquarters: Leesburg, Va.

CEO: Rohyt Belani

Funding: $42.5 million, Series C

Investors: Paladin Capital Group (led the round), Bessemer Venture Partners

What it does: Cyber-defense solutions for stopping human phishing attacks

Silent Circle

Headquarters: Geneva, Switzerland

CEO: Matt Neiderman (interim)

Funding: $25 million, Series C extension

Investors: Santander Bank

What it does: Software and services for enterprise mobile privacy, along with secure smartphones, most recently Blackphone 2


Headquarters: Cambridge, U.K. and San Francisco

CEO: Nicole Eagan

Funding: $65 million, growth round

Investors: KKR (led the round), Summit Partners, TenEleven Ventures, SoftBank-affiliated SB ISAT Fund

What it does: Software for enterprise cybersecurity using its ’Enterprise Immune System,’ which aims to detect and respond to threats that hadn’t been identified previously


Headquarters: Dallas

CEO: Lance Crosby

Funding: $150 million

Investors: ABRY Partners

What it does: Offers a platform that brings together enterprise security solutions with software for improving customer experiences on the web