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10 Top Startups That Raised Funding In February 2020

Cybersecurity and IoT companies were among the startups that hauled in funding rounds last month.

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Follow The Money

February saw no slowdown in the funding available to startup innovators working in crucial areas for the channel, including cybersecurity and the Internet of Things (IoT). Four of the 10 startups on our list of top funding rounds for February operate in the security realm; those include Cysiv, which raised a $26 million Series A round to expand its Security Operations Center (SOC) as-a-service used by MSPs. Meanwhile, IoT technology startups including FogHorn and FloLive also pulled in new investments last month.

In terms of the leading investors, two major corporate venture investment arms—Dell Technologies Capital and Intel Capital—were highly active during the month. The firms each took part in three of the deals on our February list.

What follows are our picks for 10 top startups to watch that landed new funding in February.

 
 
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