Channel News
Rick Whiting
With the venture capital space showing signs of life, investors are opening their wallets to provide funding for both early-stage startups and established companies – including Anthropic and Databricks – in cybersecurity, data analytics and all-things AI.
Follow The Money
With the venture capital space finally showing signs of life, investors are opening their wallets to provide funding for both early-stage startups and established companies in cybersecurity, data analytics and AI – especially where some of those technologies come together.
Generative AI platform developer Anthropic was the big winner this month when it struck a blockbuster, multi-faceted deal with Amazon under with the giant company will invest up to $4 billion in the AI startup.
Data lakehouse and AI platform developer Databricks, which would likely have gone public by now under better market conditions, instead raised $500 million in a Series I funding round to help maintain the company’s meteoric growth.
This month’s Follow the Money roundup spotlights funding announcements for companies – including many early-stage startups – in cybersecurity, AIOps, data protection, data analytics and networking/SASE.
Here’s a look at 10 companies that raised funding in September 2023.
Read More: 10 Cool Tech Companies That Raised Funding In September 2023