Follow The Money
Even as the economic picture dimmed due to the COVID-19 pandemic last month, a number of innovative tech companies managed to complete major funding rounds in March. The deals ranged from a $175 million round for multi-cloud automation firm HashiCorp, to a $60 million deal for security operations center (SOC)-as-a-service provider Arctic Wolf, to a $20 million round for log data platform developer Humio. Among the notable investors taking part in the deals on our March list included Dell Technologies Capital and Cisco Investments.
What follows are our picks for five cool tech companies that landed new funding in March.