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10 Cool Tech Companies That Raised Funding In May 2021

Cybersecurity, big data and next-generation cloud storage management technology developers were among the companies that reported new rounds of funding in May.

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SAM Seamless Network

Headquarters: Tel Aviv, Israel

CEO: Sivan Rauscher

Funding: $20 million in Series B funding

Investors: The funding round was led by BlackBerry and Verizon Ventures. Additional participants included Blumberg Capital, Intel Capital, ADT and NightDragon.

What the company does: SAM Seamless Network develops cybersecurity software to protect unmanaged networks, including 5G networks and IoT devices.

CEO Quote: “Since we’re the fastest growing and most widely deployed solution in our space, we’ve been able to improve our behavioral and machine learning techniques to not only detect, but prevent attacks targeting smart devices. Combining our technology with 5G transformation will enable us to more effectively predict unknown attacks.”

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