Finishing up the month at over $61 million, ESO Solutions led our Austin startups with the biggest funding round of July. Compared to June, venture capital dropped throughout July by $39 million. Here are the largest funding rounds of July.
5. Mangstor, $5 million, July 14
Investors: Four undisclosed investors supported the round of funding.
Bio: Mangstor is a developer of high performance next generation non-volatile memory storage solutions.
News: The funding will be used toward engineering development. Also this month, Mangstor became the first company in the industry to create available storage arrays supporting NVMe over both Ethernet (RoCE) and Infiniband fabrics. Learn more here.
4. NSS Labs, Inc., $6.2 million, July 5
Investors: Undisclosed
Bio: NSS Labs is an information security research and advisory company.
News: Last month, NSS raised $16 million by Delta-v Capital with participation from existing investor, LiveOak Venture Partner, to be used in growing their product. Read more here.
3. BP3 Global Solutions, $10 million, July 27
Investors: Funding from Petra Capital Partners, LLC, out of Nashville, TN.
Bio: BP3 is an Austin-based business process management company that collects data, surfaces insights and then directly takes action on those insights by injecting changes into business processes.
News: The funding will be directed toward the continued development of its Brazos platform. Read more here.
2. Data.World, $14 million, July 11
Investors: Nine investors contributed to this Series A round of funding including Capitol Factory, Chicago Ventures, Rothenberg Ventures, FLOODGATE, Fyrfly Venture Partners, Homebrew, LiveOak Venture Partners, Lead Edge Capital and Shasta Ventures.
Bio: The data.world platform helps people who work with data solve problems faster by creating new ways to discover, prep, and collaborate.
News: The company officially launched in July led by Bazaarvoice founder and former CEO Brett Hurt and three former HomeAway executives. Read more here.
1. ESO Solutions, $17.6 million, July 21
Investors: Led by California-based investment firm, Accell-KKR, LLC.
Bio: ESO Solutions is an Austin-based developer of patient-care software that connects EMS and healthcare for easily shared information, increasing patient care.
News: As a result of the new partnership, ESO will accelerate its investments in sales, marketing, product innovation and acquisitions, company officials said.
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