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10 Cool Tech Companies That Raised Funding In June 2021

Rick Whiting

Next-generation cybersecurity, big data and machine learning technology developers were among the companies that reported new rounds of funding in June.

Firebolt

Headquarters: Tel Aviv, Israel

CEO: Eldad Farkash

Funding: The $127 million Series B funding round brings the company’s total financing to $164 million.

Investors: Participating in the latest funding round are new investors Dawn Capital and K5 Global, while all investors from the first round also joined including Zeev Ventures, TLV Partners, Bessemer Venture Partners and Angular Ventures.

What company does: Firebolt offers a cloud data warehouse system for businesses and organizations that are building data-intensive applications and interactive analytical systems in the cloud – for both internal and external users – that tap into huge volumes of data.

CEO Quote: “Data serving at scale, given what companies are trying to build with data today, requires a whole new way of thinking on the tech[nology], on architecture, the pricing model – almost everything.”

 
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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