Bateman Group’s Client Spotlight 6.28.17
In this month’s spotlight, Bateman clients Armis, Fastly, Netskope, Illumio, and Addepar received coverage from significant funding rounds in publications including Reuters, NetworkWorld, and TechCrunch. Meanwhile, Segment released a new product that helps brands track and identify customer data across all their domains, Women’s Wear Daily features Narvar’s new data on e-commerce returns, and Fortune reporter Barb Darrow profiles cloud provider Virtustream.
“Armis wants to resolve the IoT security issue,” NetworkWorld — Armis, an agentless IoT security platform that lets enterprises see and control any device or network, emerged from stealth with $17 million in funding from Sequoia and Tenaya Capital.
“CDN provider Fastly raises $50 million to help online companies deliver content at speed,” VentureBeat — Edge cloud platform Fastly raised a $50 million Series E funding round, which it will use to grow its products and services while expanding into new markets.
“Cloud security broker Netskope raises $100m more led by Lightspeed and Accel,” TechCrunch — Netskope, a cloud access security broker that monitors a company’s apps and devices, raised $100 million in funding to build out its team and customer base.
“Segment’s cross-domain analytics bypasses third-party data aggregators,” ZDNet — Segment’s new cross-domain analytics product helps brands track and identify consumer data across all their domains while eliminating the need for third-party cookies.
“Illumio, a specialist in segmented security, raises $125M at $1b+ valuation, TechCrunch — Illumio announced it raised $125M in a Series D round of funding led by J.P Morgan Asset Management.
“Wealth management data startup Addepar raises $140 million,” Reuters — Addepar, which helps wealth management firms get a more comprehensive view of their clients’ assets, raised a significant round led by Valor Equity Partners, 8VC, and investment manager Harald McPike.
“Michael Dell’s cloud plan includes a big dose of this company,” Fortune — Barb Darrow writes about Virtustream’s evolution from an enterprise startup to a cloud provider that sells to the largest global customers.
“Narvar’s e-commerce return experience report shows need for convenience,” Women’s Wear Daily — Narvar’s new e-commerce study reveals consumers care most about removing friction from the process of returning online purchases.