The 10 Hottest Cloud Computing Startups Of 2022 (So Far)
Here are 10 cloud computing startups in 2022 making waves in the industry with over $1 trillion on the table.
Ten Tech Startups Making Waves In The Cloud
Cloud computing startups have jumped into one of the hottest markets in recent memory as enterprises are flocking to the cloud at an unprecedented rate.
Research firm Gartner predicts that enterprise IT spending on public cloud computing will overtake spending on traditional IT by 2025 within the massive infrastructure software, business process services, application software and infrastructure markets.
Worldwide end-user spending on public cloud services is forecast to grow more than 20 percent in 2022 to total $495 billion, up from $411 billion in 2021. In 2023, end-user spending on public cloud is expected to reach nearly $600 billion.
Cloud startups are meeting the customer demand for integration capabilities, agile work processes and composable architecture as they shift to the cloud, along with future digital transformation and modernization initiatives. Ongoing disruption to IT markets by cloud computing won’t be slowed down anytime soon as companies and startups introduce new technologies, including distributed cloud solutions.
“Cloud is the powerhouse that drives today’s digital organizations,” said Sid Nag, research vice president at Gartner in a statement. “CIOs are beyond the era of irrational exuberance of procuring cloud services and are being thoughtful in their choice of public cloud providers to drive specific, desired business and technology outcomes in their digital transformation journey.”
[Related: Google Cloud CEO Thomas Kurian Makes His Move]
Cloud startups are launching a slew of solutions aimed at helping customers transition to the cloud in a easier, more cost effective and less complex manner by leveraging technologies such artificial intelligence (AI) and machine learning (ML), to name a few.
Many of the IT companies on CRN’s cloud computing list include IT startups who specialize in data analytics, monitoring and management, storage, and Software-as-a-Service (SaaS).
These cloud startups are capitalizing on the more than $1.3 trillion in enterprise IT spending at stake from the shift to cloud, which will expand to $1.8 trillion in 2025, according to Gartner.
See the latest entry: The 10 Coolest Cloud Computing Startup Companies of 2022
Here are 10 hot cloud computing startups making waves in 2022.
10 Hot Cloud Computing Startups:
* Amperity
* Aporia
* Filebase
* Imply
* Kong
* Solo.io
* Tetrate
Amperity
CEO: Barry Padgett
Headquarters: Seattle
Website: Amperity.com
Amperity offers an enterprise data platform built for turning siloed customer data into game-changing client experiences in the cloud.
The startup said its enterprise Customer Data Platform has revolutionized the way organizations identify, understand, and connect with their customers by leveraging AI to deliver comprehensive and actionable insights.
Amperity recently launched Amperity Profile Accelerator to help businesses achieve record results by building marketing cloud activations from a more complete and easier-to-use dataset.
The company also recently formed a strategic collaboration agreement with AWS to help support digital transformations for companies looking to deploy first-party data strategies, while enabling Amperity to deliver cloud-based customer-centric tools and AI-driven insight.
Aporia
CEO: Liran Hason
Headquarters: Tel Aviv, Israel
Website: Aporia.com
Aporia is a full-stack and customizable machine learning (ML) cloud-native observability platform that enables data science and machine learning teams to monitor, debug and improve their ML models and data.
Aporia allows businesses to create their own custom monitoring solution within minutes, providing full visibility of how models are performing in the real world. Data scientists can create customizable monitors to detect a wide range of issues including biased predictions, unexpected changes in the format of the input data, or degradation in a model’s performance over time.
In March, Aporia raised $25 million in a Series A funding round with plans to use the money to triple its employee headcount and expand its presence in the US market.
Filebase
CEO: Joshua Noble
Headquarters: Boston
Website: Filebase.com
Filebase dubs itself as the world’s first object storage platform powered by multiple decentralized storage networks.
One of the smallest startups on CRN’s list, Filebase is a layer 2 decentralized storage specialist looking to become one of the key players for onboarding data to Web3 without the complexity. The cloud startup allows enterprises and developers to harness the power of Web3 by providing access to geo-redundant object storage that is built on top of decentralized networks.
Filebase’s object storage platform enables clients to store data in a secure, redundant, and performant manner across multiple decentralized storage networks. Major use cases include backup client configurations, CLI tools, content delivery networking, file management configurations and NAS device configurations.
Imply
CEO: Fangjin Yang
Headquarters: Burlingame, Calif.
Website: Imply.io
Founded by the original creators of Apache Druid, Imply develops an innovative cloud database purpose-built for modern analytics applications.
With Imply, developers can build without constraints as its database lets them create interactive data experiences on streaming and batch data with limitless scale.
The cloud company recently launched Polaris, a cloud database service for analytics applications aimed to simplify the end-to-end developer experience while driving automation. The new solution allows developers to build analytics apps without needing to think about the underlying infrastructure.
In May, the company raised $100 million in financing led by Thoma Bravo. The fast-growing startup also boasts customers including Salesforce, Reddit and Intercontinental Exchange.
Iterative
CEO: Dmitry Petrov
Headquarters: San Francisco
Website: Iterative.ai
Iterative enables data teams to build models faster and collaborate better with cloud-native machine learning (ML) tools.
Iterative builds popular open source tools, such as DVC and CML, as well as enterprise products like Studio to manage and operationalize ML models, datasets and experiments. The company has integrations cloud providers including AWS, Azure and Google Cloud.
The startup’s developer-first approach to MLOps delivers model reproducibility, governance, and automation across the ML lifecycle—all integrated tightly with software development workflows.
The company is backed by investment firms True Ventures, Afore Capital, and 468 Capital.
Kong Inc.
CEO: Augusto Marietti Headquarters: San Francisco
Website: Konghq.com
Kong creates software and managed services that connect APIs and microservices natively across and within clouds, Kubernetes, data centers, and more using intelligent automation.
The startup’s popular products include Kong’s API Gateway, enterprise service mesh based on Kuma, and Konnect Cloud platform for end-to-end connectivity.
Built on an open-source core, Kong’s service connectivity platform enables organizations to reliably and securely manage the full lifecycle of APIs and services for modern architectures, including microservices, serverless and service mesh.
By providing developer teams with architectural freedom, Kong aims to accelerate innovation cycles, increase productivity, and seamlessly bridges legacy and modern systems and applications.
The startup is currently expanding its operations in the U.K. and Europe.
Privacera
CEO: Balaji Ganesan
Headquarters: Fremont, Calif.
Website: Privacera.com
Privacera provides a Software-as-a-Service (SaaS)-based data security and governance platform to enable analytics teams to access data without compromising compliance with local regulations.
Founded by the creators of Apache Ranger, Privacera provides a single pane of glass for securing sensitive data across multiple cloud services such as AWS, Azure, Databricks, Google Cloud Platform and Snowflake.
Privacera’s platform is utilized by Fortune 500 customers across industries to automate sensitive data discovery and easily manage policy management at petabyte scale in the cloud and on-premise.
In May, the startup released PrivaceraCloud version 4.3 and the Privacera Platform version 6.3 which offer complete data governance automation and expanded support across its cloud partner ecosystem.
Solo.io
CEO : Idit Levine
Headquarters: Cambridge, Mass.
Website: Solo.io
Solo.io delivers API infrastructure from the edge to service mesh, helping enterprises adopt, secure, and operate innovative cloud native technologies.
The application networking startup’s APIs drive microservices and cloud native technologies, forming the foundation for developers, partners, and customers to interact with application services quickly and effectively.
Solo.io provides developer and operations tools to manage and federate security and traffic control and tie together the integration points to observe the application network.
In May, the startup unveiled the integration of the Cilium open source container network solution into its Gloo Mesh platform to provide a complete application-networking solution for companies’ cloud-native digital transformation efforts.
Tetrate
CEO: Varun Talwar
Headquarters: Milpitas, Calif.
Website: Tetrate.io
Tetrate is a service mesh startup looking to help customer manage the complexity of hybrid cloud application infrastructure.
The startup’s flagship Tetrate Service Bridge product provides an edge-to-workload application connectivity platform to deliver business continuity, agility, and security for enterprises on the journey from traditional monoliths to the cloud. Customers get consistent, baked-in observability, runtime security and traffic management in any environment.
Additionally, the Tetrate Cloud is a fully managed Istio-based service mesh platform that provides security, connectivity, and high availability in a single pane of glass.
In April, technology guru and former top VMware executive, Sanjay Poonen, began serving as a strategic advisor for Tetrate.
Wasabi Technologies
CEO: David Friend
Headquarters: Boston
Website: Wasabi.com
Wasabi Technologies emerged onto the cloud scene in 2017, aiming to make cloud data storage more affordable, secure and simpler.
Wasabi now serves customers in over 100 countries, storing data ranging from backups, disaster and ransomware recovery to video surveillance, sports data, media and entertainment files. The cloud storage startup says it enables organizations to store and instantly access an unlimited amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees.
Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi has secured nearly $275 million in total funding.
The startup is currently expanding its operations in the Asia-Pacific market, including opening a new storage region in Singapore this month.