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10 Hot Startups That Raised VC Funding In May

Security and IoT companies were among those that hauled in venture capital rounds in May.

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Follow The Money

In a month that saw the outbreak of the massive WannaCry cyberattack, up-and-coming cybersecurity vendors were doing more than just fighting ransomware -- a number of them were also hauling in new funding. Our list of the top 10 IT industry funding announcements in May includes deals for seven companies operating in the cybersecurity realm. Notably, two of those companies offers security solutions focused on IoT. Outside of security, our list also includes venture capital deals for companies working in networking, data management and analytics.

What follows are our picks for 10 IT startups to watch that raised VC funding in May.

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