10 Game-Changing IT Startups That Raised Funding In November

Follow The Money

As the Internet of Things catches fire in the IT world -- and particularly in the channel -- plenty of startups are helping to push IoT innovation forward. On our list of companies that raised new funding rounds in November, two are up-and-comers in the Internet of Things space. They're joined by other startups in the realms of cybersecurity, networking, containers and cloud services.

What follows are our picks for 10 IT startups to watch that added funding in November.

Barefoot Networks

Headquarters: Palo Alto, Calif.

CEO: Martin Izzard

Funding: $23 million, Series C extension

Investors: Alibaba, Tencent

What it does: Maker of the fully user-programmable Tofino switching chips, which can be programmed to the liking of the network owner


Headquarters: San Bruno, Calif.

CEO: Girish Mathrubootham

Funding: $55 million, Series F

Investors: Sequoia Capital India (led the round), Accel Partners

What it does: Offers a cloud-based customer support platform


Headquarters: San Francisco

CEO: Abinash Tripathy

Funding: Extension of Series B round (amount undisclosed)

Investors: Cisco Investments

What it does: Provider of real-time customer support inside mobile apps


Headquarters: Seattle

CEO: Craig McLuckie

Funding: $8.5 million, Series A

Investors: Accel Partners (led the round), Madrona Venture Group

What it does: Offers an enterprise version of open-source Kubernetes container orchestration


Headquarters: San Francisco

CEO: Zach Supalla

Funding: $10.4 million

Investors: Root Ventures, O’Reilly Alpha Tech Ventures, Rincon Venture Partners

What it does: Provider of Particle Cloud, a platform used for developing secure IoT software and managing devices


Headquarters: Warren, N.J.

CEO: Jonathan Dambrot

Funding: $60 million, Series C

Investors: Insight Venture Partners

What it does: Provider of third-party risk management and cyberthreat intelligence


Headquarters: Carlsbad, Calif.

CEO: Brad Taylor

Funding: $12 million

Investors: Kayne Anderson Capital Advisors

What it does: Delivers managed security services including continuous security monitoring and alerting and advanced threat detection


Headquarters: Boston

CEO: Josef Brunner

Funding: $23 million

Investors: Munich Re/HSB Ventures (led the round), Kleiner Perkins Caufield & Byers, Munich Venture Partners

What it does: Enterprise IoT middleware platform for easily and securely connecting to any cloud or device


Headquarters: San Jose, Calif.

CEO: Wai Wong

Funding: $12 million

Investors: Arrowroot Capital

What it does: Provides a cloud-based IT service management offering used by small and midsize businesses

Treasure Data

Headquarters: Mountain View, Calif.

CEO: Hiro Yoshikawa

Funding: $25 million, Series C

Investors: SBI and INCJ (led the round), Scale Venture Partners, Sierra Ventures, AME Cloud Ventures, Dentsu, IT-Farm, Bill Tai

What it does: Provider of a cloud platform for Live Data Management, which brings together an organization's data sources (both internal and third-party) for providing insight in real time