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01 May 2019
tech-companies-kitelytech

Tech Companies To Watch For This Year

If you’re looking for success in blockchain, AI, and cybersecurity, then take notes from these brilliant startups. Here are 10 companies that have engaged the tech community in recent years, captivated investors, and expanded operations.

1. Bitglass

Bitglass is a cybersecurity provider that aims to protect companies against the risks associated with the use of cloud-based applications. They ensure that data is secure alongside regulatory compliance. Since it’s founding in 2013, this startup has received over $80 million in funding.

2. Andela

This New York City-based company aims to tap into an often overlooked talent pool by hiring software engineers in Africa to work remotely in the US and other countries. With $78 million in funding, over 1,000 employees, and the support of big-name philanthropy organizations run by Priscilla Chan and Mark Zuckerberg, it’s no wonder Andela is one tech company to watch.

3. Blockstream

Blockstream develops technology that aims to streamline and secure the transfer of Bitcoin. Since it’s founding, investors have given over $77.5 million and one of the other innovations of the company, Sidechain, offers even more flexibility in Bitcoin exchanges.

4. Virta Health

This is a new approach to dealing with Type 2 diabetes that uses machine learning and data science. Since it’s launch in 2014, it has gained $75 million in support from investors. This app offers continuous and remote care that forms part of a personalized treatment plan.

5. Eero

Rather than using a single router, this tech company has created a Wi-Fi system that makes use of multiple units to fill in no-WiFi spots around the household. The company operates out of San Francisco and hopes to provide reliable Wi-Fi. They have gained around $90 million in venture funding so far.

6. Spoke

Created only three years ago, this company provides an automated help desk assistant that is built to organize and ease responding to workplace requests. The chatbot makes use of AI to respond instantly to questions from a variety of platforms: E-mail, Slack, text, and the internet. It seems to be performing well with investors with over $28 million in investment so far.

7. R3

This is a blockchain app built for enterprises. R3 allows parties to transact directly. This technology was created to operate complex transactions within secure data and finance during transactions. To date, the company boasts over $107 million in funding.

8. Exabeam

Exabeam was founded in San Mateo, California and has created a cybersecurity system that analyzes and logs data to find risky behavior. They have partnered with streaming companies like Hulu and they boast $65 million in funding.

9. Sparkcognition

This tech company has developed a technology that helps companies increase efficiency by analyzing data via machine learning. It was designed for companies in industries such as defense, energy, and finance. It helps these companies make decisions about costs, workflows, maintenance, and aids with the administration. The company is based in Austin, Texas and is gaining influence via partnerships with the likes of IBM, Google Cloud, and National Instruments. So far it’s raised $73.5 million in funding.

10. Stash Financial

This fintech company aims to increase the accessibility of investing. It works by allowing micro-investments (as little as $5) while offering to help build user’s portfolios and pick investment strategies. It also provides tips and allows users to make regular investments which are commission-free. It works by charging a $1 monthly fee for those accounts who hold a small balance. So far investors have invested more than $116 million into this company.

We at KitelyTech have learned from the successes and failures of the above companies, and are positioned as a best-in-class provider for blockchain, artificial intelligence, and cybersecurity. Please don’t hesitate to contact us today for a free consultation regarding these three services and/or any of our other core competencies, listed under our “services” tab.

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