LaunchDarkly: a on/off switch for test features
LaunchDarkly CEO Edith Harbaugh
Valuation: $90 million
Total raised to date: $34.84 million
Year founded: 2014
HQ: Oakland, CA
What it does: LaunchDarkly helps developers test and manage how new features get deployed to an app’s users. With LaunchDarkly, user can manage features and switch on and off test features for different sets of users.
Why it’s hot: When LaunchDarkly first tried to raise seed funding in 2014, investors laughed. But fast forward to now, and DevOps, a term that combines development and operations, is all the rage. LaunchDarkly, a DevOps startup, proved that the practice of deploying code faster, something that is going to become increasingly important in the years to come.
Pindrop: Security for the next big thing in computing
Pindrop CEO Vijay Balasubramaniyan
Valuation: $900 million
Total raised to date: $223.3 million
Year founded: 2011
HQ: Atlanta, GA
What it does: Prevents telephone fraud by helping identify people’s voices.
Why it’s hot: This company is backed by numerous big names including Martin Casado at Andreessen Horowitz and former Cisco CEO John Chambers. In December it raised an additional $90 million to expand internationally. It boasts 8 large banks and 5 large insurance companies as customers, covering more than 200 million of their accounts.