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10 Cool Tech Companies That Raised Funding In April 2020

Big data and security innovators were among the companies that hauled in funding rounds in April.

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Vast Data

Headquarters: New York

CEO: Renen Hallak

Funding: $100 million, Series C

Investors: Next47 (led the round), 83North, Commonfund Capital, Dell Technologies Capital, Goldman Sachs, Greenfield Partners, Mellanox Capital, Norwest Venture Partners

What it does: Consolidates applications onto a scalable all-flash storage system to meet highly demanding performance needs

CEO Quote: "In 2019, VAST’s early customer adoption and financial performance surpassed all historic benchmarks – validating that the technology and product-market fit were right for customers who are struggling under tiered storage architectures and the limitations of the hard drive. Considering that VAST has not even tapped into its $40M Series B financing, the company now has a $140M war chest to satisfy global customer demand for next-gen infrastructure, and to enable data driven applications through continued innovation."

 
 
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