Follow The Money
The venture capital funding that has been pumping into cybersecurity, cloud and Internet of Things startups is showing no signs of slowing down. Our April VC deal list included Armis (an IoT security startup), BetterCloud (which provides management tools for working with popular cloud applications) and OPAQ Networks (which offers cloud-based network security). Other major rounds during the month included a round for Scality, which provides software for distributed file and object storage, which hauled in $60 million.
What follows are our picks for 10 IT startups to watch that landed new funding in April.