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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.

1Password

Headquarters: Toronto

CEO: Jeff Shiner

Funding: The $100 million Series B round of funding brings the company’s valuation to $2 billion.

Investors: The round was led by Accel with participation from new investors including Ashton Kutcher’s Sound Ventures, Kim Jackson’s Skip Capital and “a number of prominent enterprise and consumer technology executives.”

What the company does: 1Password develops privacy and security technology including enterprise password management software.

CEO Quote: “Over the last year our personal and professional lives have merged, making passwords even more essential to accessing apps and services we love—and need—to get work done. This investment from a range of industry luminaries signals a commitment to protecting businesses and families. We’re already working closely with our experienced investors to accelerate growth into new areas, including secrets management, as we help customers stay ahead of the never-ending parade of threats.”

 
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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