The Top 10 Hottest Cloud Computing Startup Companies Of 2021
Wade Tyler Millward
The list includes startups like data catalog software company Alation, cloud application delivery automation company Oatfin and cloud-based material management operating system provider Livegistics.
CEO: Idit Levine
Headquarters: Cambridge, Mass.
Solo.io is the maker of Gloo tools to help businesses coordinate configurations, load balance and accomplish other advanced traffic management needs that come from complex hybrid and multi-cloud environments.
Founded in 2017, Solo.io offers tools that run in Amazon Web Services, Microsoft Azure and Google Cloud, among other cloud vendors’ offerings.
In October, Solo.io raised $135 million in Series C funding at a valuation of $1 billion, according to a company statement. The round was led by Altimeter Capital with participation from existing investors Redpoint Ventures and True Ventures. The round brought the company’s total funding raised to $171.5 million.
Founder and CEO Idit Levine previously worked at Dell EMC for more than two years. She left the company in 2017 with the title of chief technology officer for EMC’s cloud management division.