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10 Cool Tech Companies That Raised Funding In July 2021

Rick Whiting

Next-generation technology developers in cybersecurity, AI, big data management and the Internet of Things were among the startup companies that reported new rounds of funding in July.

Netskope

Headquarters: Santa Clara, Calif.

CEO: Sanjay Beri

Funding: The $300 million Series H round of funding brings Netskope’s valuation to $7.5 billion.

Investors: The round was led by existing investor ICONIQ Growth with participation from all other major existing investors including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire Ventures and Geodesic Capital.

What the company does: Netskope is a leading developer of SASE (Secure Access Service Edge) software that combines wide-area networking and network security technologies into a single cloud service.

CEO Quote: “We started Netskope because we saw a cloud-centric, digital-first future of business that simply can’t be achieved using legacy approaches to security and networking. We were SASE before the term ‘SASE’ existed and today we are seeing our vision manifest across the globe as enterprises increasingly turn to Netskope to enable secure digital transformation.”

 
Rick Whiting

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at rwhiting@thechannelcompany.com.

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