10 Hot Tech Startups For June 2012

Ready For A Breakthrough

The pace of innovation never lets up, as seen from the June crop of hot emerging tech startups saluted by CRN.

Each one offers a new product or service, and some are raking in handsome venture funding to do it.

Continue on and see some of the vendors who will soon be making an impact.

Astute Raises $12 Million To Speed Virtualization

Astute Networks, which offers flash memory products to accelerate virtualized server, desktop and cloud environments, said it has won $12 million in venture funding, led by Samsung Venture Investment Corp., the investment arm of Samsung Group, a provider of NAND Flash memory.

San Diego, Calif.-based Astute Networks offers Networked Performance Flash and related technologies, which accelerate cloud computing, server and desktop virtualization deployments and deliver performance-optimized data stores using flash memory only.

Also participating in the funding round were Tallwood Venture Capital and Narra Venture Capital, as well as Ayala Capital, ICCP Venture Partners, and TIFF.

MemSQL Speeds UP Databases

MemSQL this month released its flagship database product by the same name, which uses an in-memory data tier along with an SQL interface that can speed data delivery at rates 30 times faster than with disk-backed databases, the company said.

The MemSQL database provides faster retrieval and analysis on massive datasets, increased transactional throughput on commodity hardware, distributed architecture for scale and real-time analytics.

The company, with offices in San Francisco and New York, also said it has won $5 million in venture funding from investors, including First Round Capital, IA Ventures, NEA, SV Angel, Y Combinator, Paul Buchheit, Ashton Kutcher, Max Levchin and Aaron Levie.

Cloudera Tackles Big Data

Cloudera, which offers software and services for Apache Hadoop's, open-source, data management technologies, this month offered two initiatives to help businesses handle large amounts of data.

Cloudera released a new version of Cloudera Enterprise, its Apache Hadoop data management platform. The new 4.0 version combines its Cloudera Manager software with technical support to provide a program for deploying and managing Hadoop in production.

The company also announced the general availability of CDH4 (Cloudera’s Distribution Including Apache Hadoop, version 4).

Kony Debuts Mobile App Manager

Kony Solutions released its Mobile App Manager, a development platform that lets organizations deploy, manage, analyze and secure mobile apps for devices across HTML5, mobile Web, native, hybrid and mix-mode environments.

The product can enable provisioning, updating and managing of a variety of mobile apps in both business-to-employee and business-to-business environments. Administrators can use Kony Mobile App Manager to manage bring-your-own-device strategies.

In May, the company said it had secured $15 million in venture funding, led by Insight Venture Partners.

AnchorFree Protects Public Networks

AnchorFree, a Mountain View, Calif.-based company that secures private Web browsing, has received $52 million in venture funding.

The company’s flagship Hotspot Shield routes personal Web traffic through secure data centers, encrypting it and preventing malware.

Goldman Sachs led the latest round of venture funding, which brings the total to $63 million.

Delphix Wins $25 Million For Database Virtualization

Delphix, a startup that is developing database virtualization software, announced in June that it had received $25 million in venture funding.

The Menlo Park, Calif.-based company says its software reduces database storage costs and improves application management.

The company emerged from stealth mode in 2010 and says it has Fortune 1,000 customers in a variety of industries. The funding round was led by Jafco Ventures. Summit Partners and Battery Ventures joined Jafco as new investors in Delphix. Already investing in the company are Greylock Partners and Lightspeed Venture Partners.

VirtualSharp Makes Waves With Cloud-Based DR

VirtualSharp Software, of McLean, Va., a provider of cloud-based automated disaster recovery products, is gaining traction since the release of its third generation of ReliableDR last year, the company said.

Earlier this year, VirtualSharp Software launched its global partner program, the V#P Partner program. The program now has 45 partners across North America, EMEA and APAC.

"We are witnessing an acceleration of mission-critical applications being ported to enterprise clouds across all sectors, geographies and company sizes," said Carlos Escapa, co-founder and CEO of VirtualSharp Software, founded in 2010, in a statement.

Garantia Data Unveils NoSQL Cloud Service

Garantia Data released a beta of its automated, in-memory NoSQL cloud service, which offers Memcached, or distributed memory caching system, and Redis, open-source, networked, in-memory, data store systems.

Garantia Data’s technology virtualizes multiple cloud servers, allowing datasets to scale autonomously from gigabytes to terabytes and even petabytes.

Israel-based Garantia Data is currently available on Amazon Web Services. Additional cloud service providers will be introduced in the near future.

Bitcasa Attracts Samsung Ventues Investment

Bitcasa, developer of cloud storage promising unlimited capacity for $10 per month, in June unveiled a $7 million funding round, including a strategic investment by Samsung Ventures.

Bitcasa's initial target market is the consumer public cloud storage, file share, and mobile device data sync market.

Unlike most cloud storage offerings where the focus is on either backing up client device data or on offering file sharing or device data synchronization, Bitcasa's cloud serves as primary storage, making it an alternative to internal or external hard drives. Its technology encrypts and dedupes data on the client side before it is uploaded to the cloud, where only a single copy of duplicate blocks of data is stored.

Bromium Promises Desktop Security With MicroVisor

Bromium came out of stealth mode this week at GigaOM’s Structure Conference in San Francisco to unveil its MicroVisor, which can identify vulnerable tasks and isolate them within a micro-virtual machine, a container that monitors access to all operating system services and resources.

Bromium also said it has raised $26.5 million in funding from Highland Capital Partners, the lead investor; Intel Capital, new investor; and Andreessen Horowitz and Ignition Ventures, existing investors.

A Look Back At Emerging Tech Startups

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