Rockset: cutting the middleman between data and apps
Rockset’s cofounders Venkat Venkataramani and Dhruba Borthakur.
Valuation: $63.47 million
Total raised to date: $21.67 million
Year founded: 2016
HQ: San Mateo, CA
What it does: This search and analytics company helps users build live apps on raw data, speeding the process by which data and apps can “talk” to each other. It’s targeted at developers building data-driven applications and data scientists managing this data.
Why it’s hot: Founded by ex-Facebookers who spent years managing the social media giant’s online data and search infrastructure, Rockset just came out of stealth with $21.5 million in funding from the top-tier Silicon Valley venture firms Greylock Partners and Sequoia Capital.
Pivot Bio: creating an eco-friendly fertilizer
Pivot Bio CEO Karsten Temme
Valuation: $200 million
Total raised to date: $86.75 million
Year founded: 2010
What it does: It offers an alternative to nitrogen fertilizer, a type of fertilizer that is a pollutant and greenhouse gas.
Why it’s hot: Pivot is backed by Breakthrough Energy Ventures, one of nine save-the-planet startups to attract the fund’s money. BEV was founded by a group of investors, including Jeff Bezos, Bill Gates and Michael Bloomberg, who set aside $1 billion to fund startups.