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10 Cool Startups That Raised Venture Capital In August 2019

Kyle Alspach

Big data and cybersecurity technology companies were among the startups that hauled in venture capital rounds last month.

ZenLayer

Headquarters: Los Angeles and Shanghai

CEO: Joe Zhu

Funding: $30 million

Investors: Forebright Capital (led the round), Volcanics Venture, F&G Venture

What it does: Provider of edge cloud services using a software-defined platform for rapidly enabling worldwide connectivity

CEO Quote: "We currently reach about 80% of the world’s users within 25 milliseconds. We want to get that number down to just 10 milliseconds. Low latency is particularly important for industries like gaming, video streaming, and the Internet of Things (IoT)."

 
Kyle Alspach

Kyle Alspach is a Senior Editor at CRN focused on cybersecurity. His coverage spans news, analysis and deep dives on the cybersecurity industry, with a focus on fast-growing segments such as cloud security, application security and identity security.  He can be reached at kalspach@thechannelcompany.com.

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