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10 Hot Startups That Raised VC Funding In May

Hybrid cloud and cybersecurity companies were among the startups that hauled in venture capital rounds in May.

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Headquarters: Washington, D.C.

CEO: John Ackerly

Funding: $37.5 million, Series B

Investors: Iconiq Capital (led the round), Bessemer Venture Partners, New Enterprise Associates, Samsung NEXT, Blue Delta Capital, Thyra Global, Soros Capital

What It Does: Provides data protection and data privacy solutions, for more easily controlling sensitive data wherever it's located

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