Startups in Colorado saw funding rounds of all sizes last month. From cybersecurity advancements to innovations in trans healthcare, check out what the companies that pulled in the largest sums are investing in with all their new capital.
#5. $11 million, February 16
Based in Boulder, this startup provides enterprises with a solution for identity management across multi-cloud environments. With $11 million in Series A funding, Strata plans to scale R&D, go-to-market strategy, sales, marketing and customer success for its Maverics orchestration platform. The funding was led by Menlo Ventures.
#4. $14 million, February 2
This healthtech startup works to provide members of the trans community with the healthcare they need. Plume raised $14 million in Series A funding led by Craft Ventures that will facilitate adding more talent to its network of trans health specialists. The company gives members access to various health services and its 24/7 doctor support app.
#3. $81 million, February 17
The Denver-based cybersecurity startup provides enterprises with software that aims to help their security teams protect against threats. Its $81 million Series C round was led by Summit Partners and will allow the company to invest in research and development as it works to bring new SaaS offerings to its platform. Red Canary has raised a total of $125 million to date.
#2. $100 million, February 16
As more companies come to store data on cloud systems during the pandemic, Matillion has seen increased demand for its product that helps enterprises manage that data. The Denver-based company’s platform gathers data from multiple cloud-based sources and stores it in a central cloud warehouse. Matillion anticipates putting the funds from its Insight Partners-led Series D toward meeting growing demand as well as hiring new talent.
#1. $150 million, February 22
Creating content that promotes leading a healthy lifestyle, Outside, the digital media company formerly known as Pocket Outdoor Media, banked $150 million to fund five new acquisitions. The company recruited Outside Integrated Media, Outside TV, Gaia GPS, athleteReg and Peloton into its ranks and aims to bring new benefits to its Active Pass program.
