10 Hot Startups That Raised VC Funding In July

Follow The Money

Security and automation, sometimes both at once, are the two core themes on our July list of top venture capital deals affecting the IT channel. This month's list also includes a company specializing in software for launching channel partner portals.

What follows are our picks for 10 IT startups to watch that raised VC funding in July.


Headquarters: Redwood City, Calif.

CEO: Satyen Sangani

Funding: $23 million, Series B

Investors: Icon Ventures (led the round), Harmony Partners, Costanoa Ventures, Data Collective

What it does: Provides a data catalog that is aimed at improving collaboration between team members, using technologies such as automation for making an inventory of an organization's data.

Big Switch Networks

Headquarters: Santa Clara, Calif.

CEO: Douglas Murray

Funding: $30.7 million

Investors: Dell Technologies Capital, Silverlake Waterman, Index Ventures, Morgenthaler Ventures, MSD Capital, Redpoint Ventures, Khosla Ventures, Intel Capital

What it does: Offers software-defined networking technology focused on providing automated and flexible network solutions, paired with standard hardware.


Headquarters: Columbia, Md.

CEO: John Trauth

Funding: $8 million, Series A

Investors: Edison Partners

What it does: Develops network security technology aimed at preventing intrusion while detecting, analyzing and hunting for advanced threats.


Headquarters: San Francisco

CEO: Greg Bell

Funding: $9.2 million, Series A

Investors: Accel Partners (led the round), Osage University Partners, Riverbed co-founder Steve McCanne

What it does: Offers network visibility solutions aimed at enabling a better understanding of network traffic to secure organizations against cyberattacks.


Headquarters: London

CEO: Nicole Eagan

Funding: $75 million, Series D

Investors: Insight Venture Partners (led the round), Summit Partners, KKR, TenEleven Ventures

What it does: Provides machine learning-enabled technologies to boost security against network threats--physical, cloud or virtualized--along with IoT and industrial controls.


Headquarters: Mountain View, Calif.

CEO: John De Santis

Funding: $36 million, Series E

Investors: Advance Venture Partners (led the round), Sway Ventures, Epic Ventures, Vanedge Capital, Trident Capital, Cisco, Fortinet, Intel, VMware

What it does: Offers security automation solutions for protecting computing, networking and storage workloads across private, public cloud and hybrid cloud infrastructure.


Headquarters: South Jordan, Utah

CEO: Joe Wang

Funding: $15 million

Investors: Emergence Capital

What it does: Provides software-as-a-service for managing indirect sales efforts, with its Partner Relationship Management solution for easy deployment of partner portals.


Headquarters: San Francisco

CEO: Zach Supalla

Funding: $20 million, Series B

Investors: Spark Capital (led the round), Qualcomm Ventures

What it does: Offers a platform for building, connecting and managing IoT products.


Headquarters: Cupertino, Calif.

CEO: Vijay Tella

Funding: $10 million, Series A

Investors: Storm Ventures (led the round), Salesforce Ventures, Workday Ventures

What it does: Provides a platform for building, operating and launching automation technologies, in areas including enterprise integration and process automation.


Headquarters: Baltimore, Md.

CEO: James Foster

Funding: $40 million, Series C

Investors: Redline Capital Management and Silver Lake Waterman (led the round), NEA, Highland Capital Partners, Core Capital

What it does: Offers cloud-based security solutions for protecting against cyber threats from social media and other digital platforms, with technologies including targeted data collection, intelligent analysis, and automated remediation.