TLDR:
- Huntress cybersecurity startup raised $150 million in funding and is valued at over $1.5 billion.
- Databricks acquired data-management startup Tabular for over $1 billion.
The month of June saw significant investments in cloud, data, cybersecurity, and AI startups, with notable funding rounds and acquisitions taking place in these sectors.
In terms of funding deals:
- Zingly raised $10 million seed funding from various investors.
- Cube completed a $25 million funding round with new and previous investors.
- AirMDR closed a $5 million Seed round led by Foundation Capital.
In acquisitions:
- Tech Data acquired IT security distributor Orca Tech in ANZ.
- Cloudera acquired Verta’s operational AI platform.
- OpenAI acquired Rockset, a leading real-time analytics database.
These funding rounds and acquisitions highlight the growing investment and activity in the cloud, data, cybersecurity, and AI sectors, signaling a continued focus on innovation and technology advancement.