Several tech startups — CloudQuery, Soluna Holdings, Cyera, among others, have announced their venture capital VC funding to bolster innovation and business growth.
CloudQuery Raises $16 mn
CloudQuery, a developer-first cloud governance platform, reported fourfold year-over-year growth and completed a $16 million funding round led by Partech, alongside participation from Boldstart, Tiger Global, and Work-Bench. The strategy involves expanding the platform’s scope into governance, security, and compliance, scaling go-to-market efforts targeting Fortune 500 adoption and building strategic partnerships. Investment will be allocated to broadening product capabilities, enhancing security and compliance features, and increasing sales and marketing activities. The technology ingests data from more than 60 sources, including AWS, GCP, Azure, Okta, and Wiz, consolidating it into a unified, queryable data warehouse to provide real-time visibility into security, compliance, and cost without complex infrastructure. The customer focus includes platform, security, and DevOps teams at enterprises needing centralized insight and oversight. Investors include Partech, Boldstart, Tiger Global, and Work-Bench. Innovation is centered on a plugin-based, developer-oriented architecture. Benefits include full asset visibility, compliance monitoring, cost control, and simplified governance workflows. The company was founded and is led by CEO Yevgeny Pats.
Soluna Holdings $20 mn
Soluna Holdings has entered a term sheet with Spring Lane Capital for at least $20 million to fund the first 35 MW phase of Project Kati 1, a behind-the-meter data center, with construction set to start in Q3 2025 and initial energization planned for Q1 2026. Spring Lane, which supported earlier Soluna projects, also committed up to $100 million in additional project-level capital. The facility will host around 12,000 next-generation Bitcoin mining rigs. Strategy includes deploying clean computing infrastructure co-located with renewable energy. Investment will cover financing, management and development fees, and working capital. Technology enables surplus renewable energy to power high-performance computing and Bitcoin hosting. Customer focus targets markets needing scalable computing and grid relief. Investors include Spring Lane Capital using Fund II, with ability to finance DevEx. Innovation involves converting curtailed renewable energy into computing capacity. Benefits include scalable clean computing, grid support, and operational returns. The CEO is John Belizaire.
Cyera Secures $540 mn
Cyera, a data security company founded in 2021 and led by co-founder and CEO Yotam Segev, secured a $540 million Series E funding round led by Georgian, Greenoaks, and Lightspeed, joined by Accel, Coatue, Cyberstarts, Redpoint, Sapphire, Sequoia, and Spark, doubling its valuation to $6 billion six months after its prior round. The strategy involves scaling its AI-native data security platform globally to support enterprises in adopting AI securely. Investment will be used to expand the platform, make acquisitions, and grow staff and reach. Technology provides data discovery, classification, and protection using AI to manage sensitive data across environments. The customer focus includes Fortune 500 enterprises rapidly adopting AI agents and generative AI. Innovation centers on an AI-powered unified data security platform and recently launched Omni DLP. Benefits consist of secure AI deployment, data visibility, compliance, and risk reduction. The company has doubled its workforce to nearly 800, expanded to 10 countries, and achieved 353 percent growth in Fortune 500 customers.
InfotechLead.com News Desk
