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5 Companies That Came To Win This Week

For the week ending April 7, CRN looks at IT companies that were unfortunate, unsuccessful or just didn't make good decisions.

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The Week Ending April 7

This week's roundup includes three innovative startups with major funding hauls, another with a successful IPO, and the winner of CRN's latest channel chief tournament.

Okta, a vendor of a popular identity and access management platform for cloud applications, watched its newly minted shares surge Friday by more than 30 percent on its first day of public trading.

Qumulo, Cohesity, and Armor all secured new funding rounds that will help them advance the capabilities of their technologies and their channel strategies.

And congratulations go out to Terry Richardson, HPE's channel chief, who squeaked out a nail-biting victory to claim the crown in the 2017 CRN Channel Madness Tournament of Chiefs.

Not everyone in the IT industry was making smart moves this week, of course. For a rundown of companies that were unfortunate, unsuccessful or just didn't make good decisions, check out this week's 5 Companies That Had A Rough Week roundup.

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