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11 trailblazing enterprise technology start-ups to watch – Siliconrepublic.com

Here are 11 technology start-ups that took home prizes at the 2021 Tech Trailblazers Awards in the UK.

The winners of the 2021 Tech Trailblazers Awards were announced last week, highlighting start-ups shaking things up in the enterprise technology ecosystem.

A panel of high-profile judges selected winners across 16 categories including AI, big data, blockchain, cloud, containers, developers, security, IoT, fintech, networking and storage. The UK-based awards programme was open to all private companies less than seven years old.

Here, we list 11 trailblazing technology start-ups that bagged the top prize in different categories.

Deeplite

Deeplite is a Canadian AI technology company. Its flagship Neutrino software accelerator uses AI and deep learning to optimise deep neural network models to make them faster, smaller and more power-efficient without sacrificing performance.

Neutrino’s AI technology has applications across a range of areas including automotive, smartphones, smart cameras and internet of things (IoT) devices. Based in Montreal, Deeplite raised $6m in seed investment in April, led by Boston-based VC firm PJC.

Era Software

This Seattle-based big data start-up creates products in the log management space. Formerly known as EraDB, its flagship product, Era helps large enterprises manage their hyperscale, cloud-native workloads. It launched a beta version of EraSearch Cloud earlier this year to help companies modernise log management with the power of big data.

In April, Era raised $15.25m in a Series A funding round led by Palo Alto-based deep tech VC firm Playground Global. This brought the total funding raised by the start-up to more than $22m.

Eqifi

Eqifi is a blockchain-based financial services start-up in the emerging decentralised finance (DeFi) space. Its platform is powered by a licensed and registered financial institution called Eqibank, which is a crypto-friendly digital bank that serves customers in more than 180 countries.

Eqifi’s DeFi platform enables pooled lending and borrowing of various cryptocurrencies as well as US dollars, British pounds and euros. The start-up, based in the British Virgin Islands, also allows users to lock their crypto assets and earn rewards in a process known as staking.

Stacklet

This cloud governance start-up helps enterprises manage their data governance across different clouds, accounts, policies and regions by offering them a set of pre-defined policy packs. Stacklet services focus on security, cost efficiency and compliance, and it also offers cloud-based analytics around policy health, resource auditing, real-time inventory and change management logs.

In January, Stacklet raised $18m in a Series A funding round led by New York-based VC firm Addition. Stacklet is based in Arlington, Virginia.

Buoyant

Buoyant is a San Francisco-based start-up in the space of containers, which are software units that package code in way that can run across multiple platforms – such as desktop or the cloud.

The company created Linkerd in 2016, an open-source service mesh to help developers, operators and enterprises operate their Kubernetes and cloud-native applications safely and reliably. Buoyant raised $10m in 2019 led by GV, the VC arm of Google owner Alphabet.</…….

Source: https://www.siliconrepublic.com/start-ups/tech-trailblazers-awards-2021-technology-startups

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