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10 Cool Tech Companies That Raised Funding In May 2020

Cloud and big-data innovators were among the companies that hauled in funding rounds in May.

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Follow The Money

Despite the continuing economic and health crisis, May was a good month for innovative tech companies in categories including cloud and big data. Funding rounds that made our May list included major deals for two enterprise database platform developers, Couchbase ($105 million) and Cockroach Labs ($86.6 million). Investment in cloud technologies developers--including fundings for Wasabi, BetterCloud and DigitalOcean--was another top theme of the month, as the COVID-19 pandemic has put the spotlight on cloud benefits such as agility and flexibility.

What follows are our picks for 10 cool tech companies that landed new funding in May.

 

 
 
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